Fund · MFLX

First Trust Flexible Municipal High Income ETF

Asset Management - Bonds · NASDAQ

Meridian Score

0.9 out of 10 · Weak

Each metric is measured against the company's own sector, then ranked across every rated stock. How it works

The six fund grades

Cost
Cost is the expense ratio — the slice of your money the fund takes every year, whether it does well or badly.
5.8
Holdings
Holdings is the Meridian look-through: we score the companies the fund actually owns, position by position, and weight them the way the fund does.
N/A
Trend
Trend is the fund's total return over the last year, dividends included.
2.5
Risk
Risk is how much the fund's price has actually moved about over the past year — its realized volatility.
7.8
Liquidity
Liquidity combines how large the fund is with how much of it changes hands on a normal day.
2.3
Income
Income is what the fund actually paid out over the last twelve months, as a yield on today's price.
7.9

Key figures

Price
$15.57 (-0.99%)
Assets
$18.5M
52-week range
$15.57 – $17.95
Beta
1.13
Data as of
Sep 30, 2026

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The Meridian Score is a general, impersonal quantitative rating for informational and educational purposes only. It is not personalized investment advice, and Meridian is not a registered investment adviser. Figures come from the latest daily build and may lag the market.