First Trust Municipal CEF Income Opportunity ETF (MCEF)

NASDAQ: MCEF · IEX Real-Time Price · USD
17.61
-0.06 (-0.34%)
Apr 11, 2022 11:19 AM EDT - Market open
Assets$16.45M
NAV$17.32
Expense Ratio2.17%
PE Ration/a
Shares Out950,000
Dividend (ttm)$0.66
Dividend Yield3.77%
Ex-Dividend DateApr 12, 2022
1-Year Return-15.94%
Volume520
Open17.30
Previous Close17.67
Day's Range17.51 - 17.65
52-Week Low16.38
52-Week High23.21
Beta0.24
Holdings70
Inception DateSep 27, 2016

About MCEF

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.

Asset ClassFixed Income
SectorLarge Cap
RegionNorth America
IssuerFirst Trust Portfolios
Stock ExchangeNASDAQ
Ticker SymbolMCEF
Index TrackedS-Newtork Municipal Bond Closed-End Fund Index

Top 10 Holdings

23.06% of assets
NameSymbolWeight
Interest/OverdraftN/A5.25%
OREGON ST FACS AUTH REV 5%OR ORSFAC 5 06.01.20522.17%
CHICAGO ILL BRD ED 5%IL CHIEDU 5 12.01.20302.12%
KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4%KY KYSPWR 12.01.20502.06%
SAN FRANCISCO CALIF CITY & CNTY PUB UTILS COMMN PWR REV 4%CA SFOPWR 4 11.01.20422.04%
FAIRFAX CNTY VA ECONOMIC DEV AUTH FAC REV 5%VA FAIDEV 5 10.01.20391.92%
MUNICIPAL ELEC AUTH GA 5%GA MELPWR 5 01.01.20291.90%
ILLINOIS FIN AUTH ACADEMIC FACS LEASE REV 5%IL ILSFAC 5 10.01.20341.89%
CALIFORNIA ST 5%CA CAS 5 11.01.20391.86%
NEW YORK ST URBAN DEV CORP REV 5%NY NYSDEV 5 03.15.20441.86%
View More Holdings

Dividends

Ex-DividendAmountPay Date
Mar 11, 2022$0.065Mar 31, 2022
Feb 11, 2022$0.065Feb 28, 2022
Jan 11, 2022$0.065Jan 31, 2022
Dec 14, 2021$0.0935Dec 31, 2021
Nov 12, 2021$0.0625Nov 30, 2021
Oct 13, 2021$0.0625Oct 29, 2021
Full Dividend History

News

First Trust Announces Shareholder Approval of Changes in Investment Strategies and Other Related Matters for First Tr...

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today shareholders of First Trust Municipal CEF Income Opportunity ETF (Nasdaq: MCEF) (the “Fund”), a series of First Trust Ex...

1 month ago - Business Wire

First Trust Announces Adjournment of Special Shareholder Meeting for First Trust Municipal CEF Income Opportunity ETF

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today that the special shareholder meeting for First Trust Municipal CEF Income Opportunity ETF (Nasdaq: MCEF) (the “Fund”), a...

1 month ago - Business Wire