MFLX is First Trust's First Trust Flexible Municipal High Income ETF (Muni National Long). Trading at $16.64. Current dividend yield: 4.27%.
Dividend snapshot
| Annual dividend rate | $0.71 |
| Current yield | 4.27% |
| Payment frequency | Monthly |
| Next ex-dividend date | Sep 21, 2026(in 17 days) |
| Most recent payment date | Aug 31, 2026 |
| Last payment amount | $0.0620 |
| 5-year dividend CAGR | 1.20% |
| 3-year dividend CAGR | 15.96% |
| Expense ratio | 0.75% |
| Payout ratio | 0% |
| Market cap | $19M |
| Exchange | NGM |
Recent dividend payments
| Date | Amount / share |
|---|---|
| 2026-08-21 | $0.0620 |
| 2026-07-21 | $0.0610 |
| 2026-06-25 | $0.0610 |
| 2026-05-21 | $0.0610 |
| 2026-04-21 | $0.0600 |
| 2026-03-26 | $0.0600 |
| 2026-02-20 | $0.0600 |
| 2026-01-21 | $0.0600 |
About MFLX
Under normal market conditions, the fund seeks to achieve its investment objective by investing at least 80% of its net assets (plus any investment borrowings) in municipal debt securities that pay interest that is exempt from regular federal income taxes. Municipal debt securities are generally issued by or on behalf of states, territories or possessions of the United States and the District of Columbia and their political subdivisions, agencies, authorities and other instrumentalities.
Frequently asked
What is MFLX's dividend yield?
MFLX (First Trust Flexible Municipal High Income ETF) currently has a dividend yield of 4.27%, which works out to about $0.71 in annual dividend payments per share.
When is MFLX's next ex-dividend date?
MFLX's next ex-dividend date is Sep 21, 2026 (in 17 days). To receive the upcoming dividend, you must own shares before this date.
When did MFLX last pay a dividend?
MFLX's most recent dividend payment date was Aug 31, 2026.
How often does MFLX pay dividends?
MFLX pays dividends on a monthly schedule.
How fast is MFLX growing its dividend?
MFLX has been growing its dividend at a 15.96% 3-year compound annual growth rate (CAGR). CAGR smooths year-to-year noise into a single average growth rate.
Track MFLX in DiviDrip
Add MFLX to your portfolio on DiviDrip to track every buy, DRIP reinvestment, and dividend payment in one place. Free, no credit card, no upsell — built by dividend investors, for dividend investors.
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Data refreshed 2026-09-04. Not investment advice. Yields and prices change continuously; always verify the latest numbers in the live app before buying.