First Trust Adds a High-Yield Municipal Bond ETF
November 03, 2017 at 13:54 PM EDT
First Trust launched a new actively managed municipal bond ETF to help investors access more attractive income opportunities. First Trust Advisors rolled out the active First Trust Municipal High Income ETF (NasdaqGM: FMHI), which has a 0.55% expense ratio. Tom Futrell, Senior Vice President and...