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›ETF Providers›First Trust›FCAL
FCAL
US33739P8639
Active ETFFixed Income

FCAL ETF · First Trust California Municipal High Income ETF

The FCAL Exchange Traded Fund (ETF) is provided by First Trust. This fund is actively managed; it does not track an index. This share class generates a stream of income by distributing dividends.
Last update 4/2/2026, 1:30 PM UTC
LIVE
CLOSED
This fund is part ofMunicipal Bonds1M perf.-1.43%
Last price
$49.09
1M perf.
-1.66%
1M flows
+€2.1M
AuM
€180M
E/R
0.65%
Rating
Not rated
ESG Consensus®
esg grade icon
FCAL
$49.09

Performance & flows

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January 2, 2026 → April 1, 2026
0-1.00-0.500.000.501.001.502.002.503.00%FEBMARAPRFEBMARAPR
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FCAL
$49.00
+0.48%
Municipal Bonds
+0.07%

Historic performance and flows

1M3M1Y3Y5YMTDQTDYTD
Perf.
-1.66%
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+0.48%
icon
+3.67%
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+6.02%
icon
+0.63%
icon
+0.20%
+0.20%
+0.55%
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Flows

Key fund info

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This ETF's jurisdiction country is not in your region (Europe and Middle East) Â· 
Main characteristics
CUSIP
33739P863
ISIN
US33739P8639
AuM
€180M
icon
E/R
0.65%
icon
ESG Consensus®
esg grade icon
More details
NAV
4/1/2026
$49.00
1D NAV change
+0.20%
Dividend policy
No. of holdings
N/A
Inception date
6/20/2017
Jurisdiction
United States
Distribution
United States
Legal structure
Open-end Fund
Base currency
USD
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
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Classification
Product type
Asset class
Factors
N/A
Investment strategy
The First Trust California Municipal High Income ETF's primary investment objective will be to seek to provide current income that is exempt from regular federal income taxes and California income taxes, and its secondary objective will be long-term capital appreciation. Under normal market conditions, the Fund seeks to achieve its investment objectives by investing at least 80% of its net assets (including investment borrowings) in municipal debt securities that pay interest that is exempt from regular federal income taxes and California income taxes (collectively, "Municipal Securities").
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Risk profile

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Historical risk/return profile

3M1Y3Y5Y
Returns
+0.48%
icon
+3.67%
icon
+6.02%
icon
+0.63%
icon
Volatility
Perf./Volatility
Max drawdown
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
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Exposure

Countries
Unavailable
100.00%
Sectors
Unavailable
100.00%
Diversification
This fund does not provide direct exposure to underlying securities.
Top 15 holdings
0
This fund does not provide direct exposure to underlying securities
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Sustainability

Integrates ESG criteria
No
SDG
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Issuer

First Trust
First Trust ID Card
Number of funds
402
Total AuM
€211.74B
Expense ratio range
0.15% - 13.69%
Average expense ratio
0.7992%

Frequently asked questions about FCAL

What does First Trust California Municipal High Income ETF, FCAL, invest in?

FCAL is a Active ETF. This ETF provides exposure to US Investment Grade Municipal Bonds.

What is the Total Expense ratio (TER) of FCAL?

FCAL carries a total expense ratio (TER) of 0.65%, indicating the annual cost for holding the fund.

When was FCAL launched?

FCAL was introduced to the market on June 20, 2017. It trades on United States

Who is the ETF issuer of FCAL?

First Trust California Municipal High Income ETF, FCAL, is provided by First Trust. Learn more about First Trust here.

What is the current assets under management (AUM) of FCAL?

FCAL oversees €180M in assets as of April 1, 2026.

How has FCAL performed lately?

Based on data from April 1, 2026, FCAL returned -1.66% over the past month, 0.48% over the last three months and 0.55% year-to-date.

What are the latest inflows or outflows for FCAL?

As of April 1, 2026, FCAL recorded net flows of +€2.1M over the last month and +€6.3M year-to-date.

Does FCAL distribute dividends?

FCAL follows a distributing dividend policy, meaning it pays out income to investors. As of April 1, 2026, its 12-month trailing yield was 3.33%.

What is the base currency of FCAL?

The base currency of FCAL is USD.

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