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home / news releases / munis display more noise than signal in august

FMNY - Munis Display More Noise Than Signal In August

First Trust New York Municipal High Income ETF
  • Modestly negative performance in August capped a robust summer seasonal period.
  • Issuance exceeded expectations, resulting in less of a supply/demand imbalance than is typical.
  • We maintain a defensive posture into the historically less favorable month of September.

For further details see:

Munis Display More Noise Than Signal In August
Stock Information
Company Name: First Trust New York Municipal High Income ETF
Stock Symbol: FMNY
Market: NYSE
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