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Trending ETFs

First Trust Portfolios L.P - FT Tax Exempt Muni Inc 280 Fd USD MNT CASH

mutual fund
FKLATX
Payout Change
Pending
Price as of:
$445.13 -0.14 -0.03%
primary theme
N/A
share class
Other (FKLATX)
FKLATX (Mutual Fund)

First Trust Portfolios L.P - FT Tax Exempt Muni Inc 280 Fd USD MNT CASH

Payout Change
Pending
Price as of:
$445.13 -0.14 -0.03%
primary theme
N/A
share class
Other (FKLATX)
FKLATX (Mutual Fund)

First Trust Portfolios L.P - FT Tax Exempt Muni Inc 280 Fd USD MNT CASH

Payout Change
Pending
Price as of:
$445.13 -0.14 -0.03%
primary theme
N/A
share class
Other (FKLATX)

Name

As of 11/20/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

First Trust Portfolios L.P - FT Tax Exempt Muni Inc 280 Fd USD MNT CASH

FKLATX | Fund

$445.13

-

91.01%

$404.52

-

Vitals

YTD Return

1.4%

1 yr return

5.5%

3 Yr Avg Return

-0.2%

5 Yr Avg Return

1.0%

Net Assets

$N/A

Holdings in Top 10

N/A

52 WEEK LOW AND HIGH

$445.3
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio N/A

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 11/20/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

First Trust Portfolios L.P - FT Tax Exempt Muni Inc 280 Fd USD MNT CASH

FKLATX | Fund

$445.13

-

91.01%

$404.52

-

FKLATX - Profile

Distributions

  • YTD Total Return 1.4%
  • 3 Yr Annualized Total Return -0.2%
  • 5 Yr Annualized Total Return 1.0%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 91.0%
  • Dividend Distribution Frequency N/A

Fund Details

  • Legal Name
    First Trust Portfolios L.P - FT Tax Exempt Muni Inc 280 Fd USD MNT CASH
  • Fund Family Name
    N/A
  • Inception Date
    Feb 21, 2013
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    N/A

Fund Description

FKLATX - Performance

Return Ranking - Trailing

Period FKLATX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.4% -60.4% 26.2% 89.37%
1 Yr 5.5% -14.1% 8.5% 31.53%
3 Yr -0.2%* -9.3% 50.1% 4.48%
5 Yr 1.0%* -4.5% 28.8% 4.87%
10 Yr 0.8%* -1.7% 14.1% N/A

* Annualized

Return Ranking - Calendar

Period FKLATX Return Category Return Low Category Return High Rank in Category (%)
2023 -33.2% -76.8% 4.7% 5.25%
2022 -15.3% -69.5% 9.0% 5.66%
2021 -7.5% -66.1% 310.0% 95.09%
2020 -0.4% -57.4% 26.0% 40.13%
2019 2.9% -30.0% 11.0% 72.66%

Total Return Ranking - Trailing

Period FKLATX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.4% -60.4% 26.2% 89.37%
1 Yr 5.5% -14.6% 11.3% 95.07%
3 Yr -0.2%* -5.8% 6071.3% 5.86%
5 Yr 1.0%* -1.6% 1098.8% 7.78%
10 Yr 0.8%* -0.4% 247.4% N/A

* Annualized

Total Return Ranking - Calendar

Period FKLATX Return Category Return Low Category Return High Rank in Category (%)
2023 0.8% -76.8% 4.7% 6.19%
2022 -2.9% -69.5% 23761504.0% 19.43%
2021 2.0% -66.1% 34671.4% 95.09%
2020 3.4% -57.4% 3514.6% 84.18%
2019 4.9% -30.0% 15.0% 95.74%

NAV & Total Return History

FKLATX - Holdings

Concentration Analysis

FKLATX Category Low Category High FKLATX % Rank
Net Assets N/A 423 K 437 B N/A
Number of Holdings N/A 1 14000 95.02%
Net Assets in Top 10 N/A -317 M 8.64 B 92.12%
Weighting of Top 10 N/A 2.4% 101.7% 5.87%

Top 10 Holdings

  1. ILLINOIS EDL FACS AUTH REVS 4% 10.34%
  2. OKLAHOMA ST MUN PWR AUTH PWR SUPPLY SYS REV 4% 9.95%
  3. LEHIGH CNTY PA GEN PURP HOSP REV 4% 7.12%
  4. CHICAGO ILL WTR REV 5.75% 4.90%
  5. COMMERCE CITY COLO NORTHN INFRASTRUCTURE GEN IMPT DIST 4% 4.76%
  6. NORTH TEX TWY AUTH REV 5% 4.65%
  7. ALLEGHENY CNTY PA ARPT AUTH ARPT REV 4% 4.63%
  8. PELL CITY ALA SPL CARE FACS FING AUTH REV 5% 4.30%
  9. MIAMI-DADE CNTY FLA EDL FACS AUTH REV 4% 4.29%
  10. CHICAGO ILL BRD ED 5% 4.29%

Asset Allocation

Weighting Return Low Return High FKLATX % Rank
Bonds 		100.00% 65.51% 150.86% 19.79%
Stocks 		0.00% -0.03% 4.63% 53.41%
Preferred Stocks 		0.00% -0.52% 0.04% 51.62%
Other 		0.00% -13.03% 30.01% 51.39%
Convertible Bonds 		0.00% 0.00% 0.93% 51.80%
Cash 		0.00% -50.86% 33.96% 83.08%

FKLATX - Expenses

Operational Fees

FKLATX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio N/A 0.02% 6.50% 84.57%
Management Fee N/A 0.00% 1.10% N/A
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.44% N/A

Sales Fees

FKLATX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 4.75% 42.08%
Deferred Load N/A 0.25% 5.00% N/A

Trading Fees

FKLATX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 1.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FKLATX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 283.00% N/A

FKLATX - Distributions

Dividend Yield Analysis

FKLATX Category Low Category High FKLATX % Rank
Dividend Yield 91.01% 0.00% 4.53% 95.96%

Dividend Distribution Analysis

FKLATX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly

Net Income Ratio Analysis

FKLATX Category Low Category High FKLATX % Rank
Net Income Ratio N/A -0.53% 5.33% N/A

Capital Gain Distribution Analysis

FKLATX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Monthly Monthly

Distributions History

View More +

FKLATX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 35.05 7.28 1.58

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