XMPT vs. MFLX ETF Comparison

Comparison of Market Vectors CEF Municipal Income ETF (XMPT) to First Trust Flexible Municipal High Income ETF (MFLX)
XMPT

Market Vectors CEF Municipal Income ETF

XMPT Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the S-Network Municipal Bond Closed-End Fund IndexSM (the "CEFMX Index"). The fund normally invests at least 80% of its total assets in investments the income from which is exempt from U.S. federal income tax (other than AMT). It normally invests at least 80% of its total assets in securities of issuers that comprise the fund's benchmark index. The CEFMX Index is comprised of shares of U.S.-listed closed-end funds.

Grade (RS Rating)

Last Trade

$22.17

Average Daily Volume

57,021

Number of Holdings *

55

* may have additional holdings in another (foreign) market
MFLX

First Trust Flexible Municipal High Income ETF

MFLX Description MFLX seeks to provide current income through an actively managed portfolio of US municipal debt securities whose interests are exempted from federal income taxes. The fund spans a wide range of municipal bonds, including lease obligations, general obligation bonds, revenue bonds, notes, cash equivalents, private activity bonds, as well as pre-refunded and escrowed to maturity bonds. The fund is diversified to invest in municipal bonds of any maturity and credit quality. In addition, the fund may invest, without limitation, in municipal securities that pay interest and generate income subject to federal and state alternative minimum tax. Prior to April 14, 2022, the fund traded as the First Trust Municipal CEF Income Opportunity ETF (Ticker: MCEF). Unlike MCEFs fund-of-CEFs (closed-end funds) structure, MFLX invests in US municipal bonds directly. Although, the fund may still invest in municipal CEFs for up to 10% of its net assets.

Grade (RS Rating)

Last Trade

$17.22

Average Daily Volume

2,417

Number of Holdings *

16

* may have additional holdings in another (foreign) market
Performance
Period XMPT MFLX
30 Days -3.87% 3.33%
60 Days -0.13% -0.09%
90 Days 0.13% -0.44%
12 Months 22.99% 12.33%
16 Overlapping Holdings
Symbol Grade Weight in XMPT Weight in MFLX Overlap
BFK D 1.46% 0.62% 0.62%
BLE D 1.69% 0.73% 0.73%
BYM D 0.96% 0.24% 0.24%
EVN D 1.08% 0.36% 0.36%
IQI C 1.69% 0.48% 0.48%
MHD D 2.07% 0.22% 0.22%
MMU D 1.88% 0.72% 0.72%
MQT D 0.74% 0.31% 0.31%
MQY D 2.28% 0.25% 0.25%
MYI D 2.42% 0.47% 0.47%
NAD C 8.05% 0.5% 0.5%
NEA D 8.0% 1.09% 1.09%
NVG D 8.03% 0.78% 0.78%
NZF D 7.69% 0.54% 0.54%
VGM C 1.78% 0.52% 0.52%
VKQ C 1.77% 0.24% 0.24%
XMPT Overweight 39 Positions Relative to MFLX
Symbol Grade Weight
BTT C 5.02%
NUV C 4.67%
NMZ D 2.68%
MUI A 2.3%
VMO C 2.12%
EIM D 1.91%
MYD D 1.64%
IIM D 1.51%
MVF D 1.47%
NDMO D 1.43%
LEO D 1.41%
NXP C 1.32%
PML D 1.27%
VKI C 1.25%
AFB D 1.17%
DSM D 1.07%
PMO D 1.07%
NBH D 1.04%
KTF D 1.0%
PMM D 0.93%
MUA D 0.87%
EOT C 0.85%
MVT D 0.82%
NUW D 0.81%
MFM C 0.81%
MUE C 0.8%
DMB D 0.71%
MHI C 0.67%
MAV D 0.64%
PMX D 0.59%
OIA B 0.58%
PMF D 0.55%
BKN D 0.55%
VFL D 0.47%
ETX B 0.38%
BMN C 0.38%
DMF C 0.38%
MHF D 0.34%
BTA D 0.31%
XMPT Underweight 0 Positions Relative to MFLX
Symbol Grade Weight
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