MFLX

First Trust Flexible Municipal High Income ETF

NASDAQ · us_market

Last price

$17.22

-20.5%from ATH

Profile

Quote type: ETF
First trade: 2016-09-29
Price rows: 2,429
Last sync: 2026-05-29

AI insight · the why

No AI insight generated yet for this ticker.

No Setup Score available for this ticker yet.

🔍

Company & Price

Business summary

Under normal market conditions, the fund seeks to achieve its investment objective by investing at least 80% of its net assets (plus any investment borrowings) in municipal debt securities that pay interest that is exempt from regular federal income taxes. Municipal debt securities are generally issued by or on behalf of states, territories or possessions of the United States and the District of Columbia and their political subdivisions, agencies, authorities and other instrumentalities.

Price (last 5Y) · orange dots are splits

30d return

+0.8%

percentile 62 of full history

Historical lean-in setups

since 2020 (DD ≥15%, bounce ≥15%)

30d ATM IV

—

implied volatility

1Y alpha vs sector

—

sector benchmark unavailable

30d realized vol

percentile 39

Drawdown from ATH

-20.5%

ATH: $21.67

🏦

Institutions & Smart Money

📂

Deep Dive

Fundamentals

as of 2026-06-01

Valuation

Market Cap—

Enterprise Value—

Trailing P/E—

Forward P/E—

PEG Ratio—

P/B—

P/S—

EV / Revenue—

EV / EBITDA—

Profitability

Gross Margin—

Operating Margin—

Profit Margin—

ROE—

ROA—

Revenue Growth (YoY)—

Earnings Growth (YoY)—

Cash & Leverage

Total Cash—

Total Debt—

Debt / Equity—

Current Ratio—

Free Cash Flow—

Operating Cash Flow—

Shareholders

Dividend Yield410.00%

Payout Ratio—

% Held by Insiders—

% Held by Institutions—

Shares Outstanding—

Float—