Search for an ETF or holding
First Trust California Municipal High Income ETF
FCAL (First Trust California Municipal High Income ETF) is an index Fixed Income ETF by First. With a 0.49% MER, it provides diversified exposure through 245 holdings. Monthly distribution with a 3.32% yield.
FCAL by First is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
With a 0.49% MER, its fees are in line with category averages. It pays a monthly distribution with a 3.32% yield, making it attractive for income-seeking investors.
This ETF is suited for investors seeking stability and capital preservation. It can serve as a defensive component in a diversified portfolio or as a temporary cash parking option.