What does MCEF track?

MCEF is the First Trust Flexible Municipal High Income ETF, a Other ETF.

What is the expense ratio of MCEF?

Expense ratio data for MCEF is shown on the page when available from our data provider.

What are the largest holdings in MCEF?

Top holdings include NVG, MUE, HYD, NEV, NMCO.

How can PortView analyze MCEF overlap with other ETFs?

PortView computes the holdings overlap between MCEF and the other ETFs and stocks you own, plus your combined sector and geographic exposure, so you can see true diversification.

First Trust Flexible Municipal High Income (MCEF) ETF Holdings & Analysis

ETFOther

$17.29-0.19%

1-year price historyRange $15.31 – $17.40

52-week range$17.29

$16.38$23.21

What MCEF does

Under ordinary market conditions, this fund endeavors to achieve its financial goals by allocating at least 80% of its overall portfolio (which includes any borrowed capital) to municipal debt securities. The interest income generated by these securities is exempt from regular federal income taxes. These municipal bonds are typically issued by or on behalf of U.S. states, territories, the District of Columbia, and their associated political subdivisions, agencies, and other governmental entities.

Fund profile

Top holdings

	Holding	Weight
	Nuveen AMT-Free Municipal Credit Income Fund	5.45%
	BlackRock MuniHoldings Quality Fund II, Inc.	4.96%
	VanEck High Yield Muni ETF	4.84%
	Nuveen Enhanced Municipal Value Fund	4.18%
	Nuveen Municipal Credit Opportunities Fund	4.09%
	BlackRock Municipal Income Fund	3.89%
	PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund	3.77%
	Invesco Trust for Investment Grade Municipals	3.67%
	Western Asset Municipal Partners Fund Inc.	3.64%
	Invesco Municipal Trust	3.60%

Sector allocation

Cash & Others	99.98%
Industrials	0.02%

Geographic allocation

United States

100.00%

PortView Portfolio Insights

PortView analyzes how MCEF fits your actual portfolio — position weight, ETF overlap with your other funds, sector and geographic exposure, concentration, and how this fund contributes to your portfolio risk and return. Connect a portfolio to see your personalized figures; PortView never shows another user's private holdings.

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Frequently asked questions

What does MCEF track?: MCEF is the First Trust Flexible Municipal High Income ETF, a Other ETF.
What is the expense ratio of MCEF?: Expense ratio data for MCEF is shown on the page when available from our data provider.
What are the largest holdings in MCEF?: Top holdings include NVG, MUE, HYD, NEV, NMCO.
How can PortView analyze MCEF overlap with other ETFs?: PortView computes the holdings overlap between MCEF and the other ETFs and stocks you own, plus your combined sector and geographic exposure, so you can see true diversification.

The information provided by PortView is for informational and educational purposes only and does not constitute investment advice. Market data may be delayed. Past performance does not guarantee future results.