FRC
FRC Logo
Sign InGet Access

Connect With Us

Stay updated with our latest research and insights

Fundamental Research Corp Logo

Highly ranked equity research firm providing institutional grade tools and analysis to all investors worldwide. Trusted by global investors for over 20+ years.

20+ Years
Rate us on TrustpilotLeave a review

Policies

  • Privacy Policy
  • Terms of Service
  • Disclaimer

Company

  • About Us
  • Our Team
  • Contact Us
  • Leave a Review

Resources

  • Videos
  • Research Reports
  • FAQ
  • How to use FRC

Browse

  • Stock Directory
  • Stock Screener
  • Market Intel Weekly
  • Report Archive

Trackers

  • Congress Trading
  • Senate Trading
  • Congress Net Worth
  • Commodities

© 2026 Fundamental Research Corp. All Rights Reserved.

Professional investment research since 2003

Home
Research
Get Access
Sign In
First Trust Flexible Municipal High Income ETF ETF AnalysisComprehensive ETF analysis for First Trust Flexible Municipal High Income ETF (MFLX) including NAV, expense ratio, sector breakdown, and holdings data.ETF AnalysisMFLX
MFLX
First Trust Flexible Municipal High Income ETF
MFLX
  1. Home
  2. Screener
  3. First Trust Flexible Municipal High Income ETFMFLXETF
First Trust Flexible Municipal High Income ETF Logo

First Trust Flexible Municipal High Income ETF

ETF
🇺🇸MFLX•NASDAQ•Municipal Bond

Your view on MFLX

First Trust Flexible Municipal High Income ETF Logo

First Trust Flexible Municipal High Income ETF

ETFFirst Trust
🇺🇸MFLX•NASDAQ•Municipal Bond
AUM (USD)$20.61M
Expense Ratio0.75%
Holdings77

Sentiment

AUM (USD)

$20.61M

Expense Ratio

0.75%

Holdings

77

Sentiment

MFLX
First Trust Flexible Municipal High Income ETF
MFLX

Overview for First Trust Flexible Municipal High Income ETF

Fund Type
ETF
Fund Issuer
First Trust
Asset Class
Municipal Bond
Sector
Financial Services
Industry
Asset Management - Bonds
Inception Date
September 27, 2016
Domicile
US
Website
ftportfolios.com/Retail/Etf/EtfSummary.aspx?Ticker=MFLX
Fund Type
ETF
Fund Issuer
First Trust
Asset Class
Municipal Bond
Sector
Financial Services
Industry
Asset Management - Bonds
Inception Date
September 27, 2016
Domicile
US
Website
ftportfolios.com/Retail/Etf/EtfSummary.aspx?Ticker=MFLX
Fund Type
ETF
Fund Issuer
First Trust
Asset Class
Municipal Bond
Sector
Financial Services
Industry
Asset Management - Bonds
Inception Date
September 27, 2016
Domicile
US
Website
ftportfolios.com/Retail/Etf/EtfSummary.aspx?Ticker=MFLX

About this fund

The First Trust Flexible Municipal High Income ETF (the "Fund") (formerly First Trust Municipal CEF Income Opportunity ETF) seeks to provide current income. Under normal market conditions, the Fund seeks to achieve its investment objective by investing at least 80% of its net ass…

MFLX Stock Price

Key Facts

Municipal Bond

Expense Ratio

0.75%

AUM

$20.61M

Fund Details

NAV$16.49 USD
Holdings77
Average Volume6.2K
Inception DateSeptember 27, 2016
Asset ClassMunicipal Bond
Fund IssuerFirst Trust
DomicileUS
ISINUS33740F5089
CUSIP33740F508
NAV CurrencyUSD

Expense Ratio

0.75%

Assets Under Management

$20.61M

NAV

$16.49 USD

Holdings

77

Average Volume

6.2K

Inception Date

September 27, 2016

Asset Class

Municipal Bond

Fund Issuer

First Trust

Domicile

US

ISIN

US33740F5089

CUSIP

33740F508

NAV Currency

USD

Expense Ratio

0.75%

Assets Under Management

$20.61M

NAV

$16.49 USD

Holdings

77

Average Volume

6.2K

Inception Date

September 27, 2016

Asset Class

Municipal Bond

Fund Issuer

First Trust

Domicile

US

ISIN

US33740F5089

CUSIP

33740F508

NAV Currency

USD

Data last updated: Sep 16, 2026, 07:10 AM

Latest headlines and company announcements for this company. Press releases and market coverage, newest first.

News

Latest Market News

this company valued side by side against its closest peers. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.

News

Latest Market News

What is MFLX?

First Trust Flexible Municipal High Income ETF (MFLX) is a Municipal Bond fund from First Trust, listed since 2016, with $20.6M in assets under management, a 0.75% expense ratio, a NAV of $16.49 USD.

What's in MFLX? Top 10 holdings

HoldingWeight
MONROE CNTY GA DEV AUTH POLL CTRL REV Variable rate, due 04/01/20322.56%
MOBILE AL INDL DEV BRD REVENUE Variable rate, due 09/01/20312.56%
COLUMBUS OH REGL ARPT AUTH REV 5.50%, due 01/01/20502.52%
TARRANT CNTY TX CULTURAL EDU FACS FIN CORP 5%, due 09/01/20472.38%
JEFFERSON CNTY AL SWR REVENUE 5.25%, due 10/01/20422.30%
NEW YORK CITY NY MUNI WTR FIN AUTH Variable rate, due 06/15/20411.79%
MET GOVT NASHVILLE & DAVIDSON CNTY TN 6%, due 12/01/20511.62%
INDIANAPOLIS IN LOCAL PUBLIC IMPT BOND BANK 6%, due 03/01/20531.54%
CHARLESTON CNTY SC ARPT DIST 5.25%, due 07/01/20421.54%
SAN ANTONIO TX WTR REVENUE Variable rate, due 05/01/20541.54%

MFLX sector breakdown

  • Cash & Others 100.00%

Comparable funds

  • DFVEDoubleLine Fortune 500 Equal Weight ETF
  • GCALGoldman Sachs Dynamic California Municipal Income ETF
  • GUMIGoldman Sachs Ultra Short Municipal Income ETF
  • METWRoundhill Investments - META WeeklyPay ETF
  • NFLWRoundhill Investments - NFLX WeeklyPay ETF
  • PATNPacer Nasdaq International Patent Leaders ETF
  • PSILAdvisorShares Psychedelics ETF
  • RFCIRiverfront Dynamic Core Income ETF

More First Trust ETFs

  • DJULFT Vest U.S. Equity Deep Buffer ETF - July
  • DJUNFT Vest U.S. Equity Deep Buffer ETF - June
  • DLNVFT Vest U.S. Equity Dual Directional Buffer ETF - November
  • DMARFT Vest U.S. Equity Deep Buffer ETF - March
  • DMAYFT Vest U.S. Equity Deep Buffer ETF - May
  • DNOVFT Vest U.S. Equity Deep Buffer ETF - November
  • DOCTFT Vest U.S. Equity Deep Buffer ETF - October
  • DOGGFT Vest DJIA Dogs 10 Target Income ETF
  • DSEPFT Vest U.S. Equity Deep Buffer ETF - September
  • DTREFirst Trust Alerian Disruptive Technology Real Estate ETF
  • DVLUFirst Trust Dorsey Wright Momentum & Value ETF
  • DVOLFirst Trust Dorsey Wright Momentum & Low Volatility ETF