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home / news releases / municipal summer strength doesn t disappoint

FMNY - Municipal Summer Strength Doesn't Disappoint

First Trust New York Municipal High Income ETF
  • Rallying interest rates drove strong muni bond performance in July.
  • Market dynamics remained seasonally favorable, with demand for munis broadly outpacing supply.
  • A more defensive posture may be warranted ahead of elevated risks in the fall.

For further details see:

Municipal Summer Strength Doesn't Disappoint
Stock Information
Company Name: First Trust New York Municipal High Income ETF
Stock Symbol: FMNY
Market: NYSE
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