Expense Ratio History

FMHI expense ratio history

First Trust Municipal High Income ETF

Fund company
First Trust
Type
ETF

0.70%

In basis points
70 basis points
Yearly cost per $10,000
$70
Prospectus dated
1 December 2025, filed with the SEC; rounded to 0.01%

Fee over time

FMHI expense ratio: read at 0.70% on 1 Dec 2025.0.00%0.50%1.00%1.50%Oct 2017Mar 2019Aug 2020Jan 2022Jun 2023Nov 20240.70% on 1 Dec 2025
FMHI expense ratio: read at 0.70% on 1 Dec 2025.0.00%0.50%1.00%1.50%Oct 2017Jul 2020Apr 20230.70% on 1 Dec 2025
Each dot is a prospectus filed with the SEC or a date we read the fee from a source. The fee hasn't changed between them.

Every figure we've recorded

DateFeeWhat happened
1 Dec 2025 0.70% In the prospectusTotal annual fund operating expenses in the prospectus dated 2025-12-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
2 Dec 2024 0.70% In the prospectusTotal annual fund operating expenses in the prospectus dated 2024-12-02 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Dec 2023 0.70% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-12-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Dec 2022 0.70% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-12-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Dec 2021 0.70% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-12-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Dec 2020 0.70% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-12-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
2 Dec 2019 0.70% In the prospectusTotal annual fund operating expenses in the prospectus dated 2019-12-02 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
14 Dec 2018 0.70% In the prospectusTotal annual fund operating expenses in the prospectus dated 2018-12-14 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
30 Nov 2018 0.70% In the prospectusTotal annual fund operating expenses in the prospectus dated 2018-11-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
26 Nov 2017 0.70% In the prospectusTotal annual fund operating expenses in the prospectus dated 2017-11-26 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
26 Oct 2017 0.70% In the prospectusTotal annual fund operating expenses in the prospectus dated 2017-10-26 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS

What this fee costs

Change the amount, years or return. The estimate keeps the fee at 0.70% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$873 in fees over 10 years

After fees, $10,000 grows to $15,209.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$72
3 years$225
5 years$391
10 years$873

How we read this figure

The figure is the total annual fund operating expenses line of the fee table in the fund's prospectus, as tagged in the fund company's filing with the SEC. The SEC publishes these figures rounded to four decimal places, so 0.015% appears as 0.02%. The fund company's own page may show a more precise number.

SEC filings give 11 prospectuses for this share class since 2017. Each one is listed above with a link to the filing.

How we read fees

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