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home / news releases / munis remained tethered to rates in september

FMNY - Munis Remained Tethered To Rates In September

First Trust New York Municipal High Income ETF
  • Rising interest rates drove negative total returns.
  • Supply and demand dynamics turned less seasonally favorable and acted as a headwind.
  • More attractive valuations could provide near-term opportunity.

For further details see:

Munis Remained Tethered To Rates In September
Stock Information
Company Name: First Trust New York Municipal High Income ETF
Stock Symbol: FMNY
Market: NYSE
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