Fund Evaluator:
First Trust California Muni Hi Inc ETF (FCAL)
Follow This Fund
Fixed Income
Global Asset Class
Municipal Bond
Fund Group
Muni California Long
Category
$53.501
NAV (as of Oct 07)
$0.00
Minimum Initial
0.49% D
Expense Ratio
$218 Mil
Assets
Open
Status
0.00%
12b-1 Fee
3.43%
TTM Yield
0.00%
Max Load
58%
Portfolio Turnover
Best Performing in Muni California Long Over the Last Year
| 8.2% | Invesco California Municipal Y (OCAYX) |
| 7.4% | American Century CA High Yield Muni Y (ACYHX) |
| 7.3% | American Century CA High Yield Muni Inv (BCHYX) |
| 6.9% | Columbia Strat CA Muncpl Inc Inst (CCAZX) |
| 6.8% | Vanguard CA Long-Term Tax-Exempt Adm (VCLAX) |
Data as of 7/31/2026
-1.8% C
1-Mo Return
-0.5% D
3-Mo Return
0.6% D
YTD Return
5.6% D
1-Yr Return
3.0% B
3-Yr Return
0.2% D
5-Yr Return
0.82 A
Category Risk Index
0.40
Total Risk Index
Fund Details
Fund Family
First Trust
Inception Date
6/20/2017
Share Class Type
Equity Investment Style
na
Bond Investment Style
na
Socially Responsible Fund
No
Index Fund
No
Benchmark Index
Bloomberg Municipal TR USD: 100%
Additional Fund Details
First Trust California Muni Hi Inc ETF Overview
FCAL Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| FCAL Return (NAV) | -1.8% | -0.5% | 5.6% | 3.0% | 0.2% | na |
| FCAL Grade | C | D | D | B | D | na |
| +/- Category | 0.2% | -0.2% | -0.7% | -0.2% | 0.3% | na |
| Muni California Long Avg | -2.0% | -0.3% | 6.3% | 3.2% | -0.0% | 1.7% |
| FCAL Tax Cost Ratio | na | na | 0.0% | 0.0% | 0.0% | na |
FCAL Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| FCAL Return (NAV) | 0.6% | 3.1% | 2.1% | 5.9% | -9.4% | 3.3% | 3.6% | 9.7% | 1.1% | na | na |
| FCAL Grade | D | C | B | D | B | A | F | A | A | na | na |
| +/- Category | -0.1% | 0.2% | -0.5% | -0.5% | 1.8% | 0.8% | -0.8% | 1.6% | 0.3% | na | na |
| Muni California Long Avg | 0.7% | 2.8% | 2.5% | 6.4% | -11.2% | 2.5% | 4.4% | 8.1% | 0.8% | 6.2% | 0.2% |
| Risk Measures | |
| Standard Deviation: | 5.0% |
| Total Risk Index: | 0.40 - Low |
| Category Risk Index: | 0.82 - Below Average |
| Category Risk Grade: | B (25% Rank) |
| Beta: | 0.86 |
| R-Squared: | 98% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | na |
| Bond Investment Style: | na |
| Yield: | 3.4% |
| Dividend Distribution: | Monthly |
| Cap Gains Distribution: | |
| Total Assets: | $218 Mil |
| Fund Total Assets: | $ 219 Mil |
| Share Class Type: | |
| Portfolio Turnover: | 58% |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 9.1 years | |||
| Average Tenure: 5.3 years | |||
| Managers (Year): Wilhelm Johnathan (2017), Byron Thomas (2022), O'Leary Shawn (2024) | |||
Portfolio Composition (as of 7/30/26)
| # of Holdings: | 279 |
| % in Top 10 Holdings: | 10.6% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 2.5% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 96.7% |
| Foreign Bond: | 2.5% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.8% |
Purchase Information
| Fund Family: | First Trust |
| Phone Number: | 800-621-1675 |
| Website: | www.ftportfolios.com |
| Status: | Open |
| Inception Date: | June 20, 2017 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.00% |
Expenses and Fees | |
| Expense Ratio (%): | 0.49% ( Rating : Avg ) |
| Category Average Expense Ratio (%): | 0.82% |
| Share Class: | First Trust California Muni Hi Inc ETF |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
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