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First Trust Flexible Municipal High Income ETF (MFLX)

Muni National Long | Exchange Traded Fund | NasdaqGM
17.24 USD +0.14 (0.819%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 17.24
Short-term: ★★☆☆☆ | Long-term: ★★★★☆ | Dividends: ★★★★★
Hot Take | April 11, 2026, 1:09 p.m. EDT

MFLX has shown a relatively stable price trend in the recent 14-day period, hovering around the 16.75 to 17.08 range, which is slightly below the 52-week high but above the 52-week low. The dividend yield is quite attractive at 4.13%, with consistent payments over the past few years, indicating a strong track record of dividend payouts. However, the recent price movement lacks a clear upward momentum, and the short-term forecasting model suggests a minimal positive direction. For short-term traders, this could be a neutral to slightly bearish opportunity, with potential for a buy-the-dip strategy. For long-term investors, the consistent dividends and the current price level relative to the 52-week high suggest a good entry point for a buy-and-hold strategy. The ETF's focus on municipal high-income investments offers tax advantages, making it a compelling option for long-term growth with a stable income stream.
Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.008569
AutoTheta0.008880
AutoETS0.009804
MSTL0.010280

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 49%
H-stat 4.54
Ljung-Box p 0.000
Jarque-Bera p 0.171
Excess Kurtosis -0.82

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.36% 4.27% 4.19% 4.28%
Dividend History
Date Dividend Yield %
2026-03-26 0.060 0.356612
2026-02-20 0.060 0.349569
2026-01-21 0.060 0.355409
2025-12-12 0.058 0.346016
2025-11-21 0.058 0.346179
2025-10-21 0.058 0.344923
2025-09-25 0.058 0.350558
2025-08-21 0.058 0.362644
2025-07-22 0.058 0.364482
2025-06-26 0.058 0.362670
2025-05-21 0.058 0.361753
2025-04-22 0.058 0.374062
2025-03-27 0.058 0.362579
2025-02-21 0.058 0.353762
2025-01-22 0.058 0.358831
2024-12-13 0.058 0.354216
2024-11-21 0.058 0.355813
2024-10-22 0.058 0.357013
2024-09-26 0.058 0.353181
2024-08-21 0.058 0.358872
2024-07-23 0.055 0.345136
2024-06-27 0.051 0.322672
2024-05-21 0.051 0.326257
2024-04-23 0.051 0.331771
2024-03-21 0.051 0.326311
2024-02-21 0.051 0.328647
2024-01-23 0.051 0.333994
2023-12-22 0.051 0.328888
2023-11-21 0.051 0.344713
2023-10-24 0.050 0.355213
2023-09-22 0.050 0.348500
2023-08-22 0.050 0.340869
2023-07-21 0.050 0.333010
2023-06-27 0.050 0.336233
2023-05-23 0.054 0.368002
2023-04-21 0.054 0.365431
2023-03-24 0.054 0.368851
2023-02-22 0.054 0.373233
2023-01-24 0.054 0.365293
2022-12-23 0.054 0.378216
2022-11-22 0.054 0.380404
2022-10-21 0.054 0.396493
2022-09-23 0.054 0.386216
2022-08-23 0.054 0.365648
2022-07-21 0.058 0.393628
2022-06-24 0.058 0.406430
2022-05-24 0.058 0.402615
2022-04-12 0.058 0.390985
2022-03-11 0.065 0.413472
2022-02-11 0.065 0.405676
2022-01-11 0.065 0.373189
2021-12-14 0.094 0.537469
2021-11-12 0.063 0.356413
2021-10-13 0.063 0.360919
2021-09-14 0.063 0.352453
2021-08-11 0.063 0.349892
2021-07-13 0.063 0.351727
2021-06-11 0.063 0.360276
2021-05-11 0.063 0.365066
2021-04-13 0.063 0.371954
2021-03-11 0.063 0.380215
2021-02-11 0.063 0.371552
2021-01-12 0.063 0.384951
2020-12-11 0.063 0.386162
2020-11-12 0.063 0.400563
2020-10-14 0.060 0.386811
2020-09-11 0.055 0.353933
2020-08-11 0.055 0.348001
2020-07-14 0.055 0.357984
2020-06-11 0.053 0.357041
2020-05-12 0.050 0.354353
2020-04-13 0.050 0.351131
2020-03-11 0.050 0.321676
2020-02-11 0.050 0.315187
2020-01-14 0.048 0.307781
2019-12-11 0.048 0.311681
2019-11-13 0.048 0.317872
2019-10-11 0.048 0.315322
2019-09-11 0.048 0.316767
2019-08-13 0.048 0.315580
2019-07-11 0.048 0.323715
2019-06-11 0.048 0.328839
2019-05-14 0.048 0.332110
2019-04-11 0.048 0.336599
2019-03-12 0.048 0.341105
2019-02-12 0.050 0.363179
2019-01-11 0.050 0.368921
2018-12-11 0.054 0.404816
2018-11-09 0.054 0.414533
2018-10-11 0.054 0.415677
2018-09-11 0.050 0.369709
2018-08-10 0.050 0.371990
2018-07-11 0.054 0.401970
2018-06-12 0.054 0.403866
2018-05-11 0.055 0.413915
2018-04-11 0.055 0.415733
2018-03-13 0.055 0.414966
2018-02-13 0.055 0.413538
2018-01-11 0.055 0.398944
2017-12-21 0.058 0.423984
2017-11-21 0.058 0.421856
2017-10-20 0.058 0.418742
2017-09-21 0.060 0.428711
2017-08-22 0.060 0.430632
2017-07-21 0.060 0.433564
2017-06-22 0.060 0.436296
2017-05-23 0.060 0.441948
2017-04-21 0.060 0.444911
2017-03-23 0.060 0.456283
2017-02-22 0.060 0.454809
2017-01-20 0.060 0.456902
2016-12-21 0.060 0.462760
2016-11-22 0.060 0.464535
2016-10-21 0.060 0.438740
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 4.13

Info Dump

Attribute Value
All Time High 23.21
All Time Low 14.18
Ask 17.24
Ask Size 1
Average Daily Volume10 Day 12,420
Average Daily Volume3 Month 6,150
Average Volume 6,150
Average Volume10Days 12,420
Beta3 Year 1.12
Bid 17.07
Bid Size 1
Category Muni National Long
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 17.24
Day Low 17.15
Dividend Yield 4.13
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 17.12844
Fifty Day Average Change 0.111558914
Fifty Day Average Change Percent 0.0065130806
Fifty Two Week Change Percent 6.5513015
Fifty Two Week High 17.76
Fifty Two Week High Change -0.52000046
Fifty Two Week High Change Percent -0.029279305
Fifty Two Week Low 16.11
Fifty Two Week Low Change 1.1299992
Fifty Two Week Low Change Percent 0.070142716
Fifty Two Week Range 16.11 - 17.76
First Trade Date Milliseconds 1,475,155,800,000
Five Year Average Return 0.0021489
Full Exchange Name NasdaqGM
Fund Family First Trust
Fund Inception Date 1,474,934,400
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long 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.
Long Name First Trust Flexible Municipal High Income ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_346872599
Nav Price 17.17
Net Assets 18,564,940.0
Net Expense Ratio 0.75
Open 17.24
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 17.24
Post Market Time 1,776,456,604
Previous Close 17.1
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 0.139999
Regular Market Change Percent 0.81871
Regular Market Day High 17.24
Regular Market Day Low 17.15
Regular Market Day Range 17.15 - 17.24
Regular Market Open 17.24
Regular Market Previous Close 17.1
Regular Market Price 17.24
Regular Market Time 1,776,456,001
Regular Market Volume 3,479
Short Name First Trust Flexible Municipal
Source Interval 15
Symbol MFLX
Three Year Average Return 0.048856102
Total Assets 18,564,940
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns 0.05341
Trailing Three Month Returns 0.05341
Triggerable 1
Two Hundred Day Average 16.9169
Two Hundred Day Average Change 0.32309914
Two Hundred Day Average Change Percent 0.019099193
Type Disp ETF
Volume 3,479
Yield 0.041300002
Ytd Return 0.05341