MFLX – First Trust Flexible Municipal High Income ETF
First Trust Flexible Municipal High Income ETF (MFLX) is a Muni National Long ETF, issued by First Trust, $18M in assets, 0.88% expense ratio.
Returns as of Oct 23, 2026: 1 week +0.7%, 1 year +4.4%.
Invests in municipal debt securities paying interest exempt from federal income taxes. Focuses on states, territories, and their political subdivisions.
Top holdings
- NEA – Nuveen AMT-Free Municipal IF, 1.0%
- NVG – Nuveen AMT Free Municipal Credit Income, 0.7%
- MMU – Western Asset Managed Municipals Closed Fund, 0.6%
- BLE – BlackRock MIT II, 0.6%
- MYI – BlackRock MuniYield Quality Closed Fund III, 0.6%
- NZF – Nuveen Municipal Credit Income, 0.5%
- VGM – Invesco Trust For Inv Grade Munis, 0.5%
- NAD – Nuveen Dividend Advantage Municipal Fund, 0.4%
- IQI – Invesco Quality Municipal Income Closed Fund, 0.4%
- EVN – Eaton Vance Municipal Income Closed Fund, 0.3%
- BFK – BlackRock Municipal Income Closed Fund, 0.3%
- MQT – BlackRock MuniYield Quality Fund II, 0.3%
- VKQ – Invesco Municipal Trust, 0.2%
- MHD – BlackRock MuniHoldings Closed Fund, 0.2%
- VMO – Invesco Municipal Opportunity Trust, 0.2%
- MQY – BlackRock MuniYield Quality Closed Fund, 0.1%
- BYM – BlackRock Municipal Income Quality Closed Fund, 0.1%