FCAL

First Trust California Municipal High Income ETF

First Trust · Bonds & Cash

$47.53▲ +0.2% last session▼ −0.6% YTD

As of 10/29/2026, 4:00:00 PM ET · End-of-day

ETFETF Tracker@TheETFTracker · etftracker.io

Dividend-adjusted total return. Comparisons share the fund’s start date. S&P 500 uses VOO. Missing history is unavailable.

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	▲ +0.2%	▲ +2.8%	▼ −1.6%	▼ −1.0%	▼ −0.5%	▲ +11.7%	▲ +1.2%	▲ +22.3%
Peer average	▲ +0.1%	▲ +2.7%	▼ −0.9%	▼ −0.2%	▲ +0.1%	▲ +13.9%	▲ +1.9%	—
S&P 500 · VOO	▼ −0.4%	▲ +0.9%	▲ +3.3%	▲ +13.8%	▲ +13.3%	▲ +88.8%	▲ +81.9%	—

What’s in FCAL

What’s in this fund

FCALFirst Trust California Municipal High Income ETF

280 holdings

As of Nov 3, 2026

Everything else37.1%

ETFETF Tracker@TheETFTracker · etftracker.io

Tile size = share of the fund

HoldingsTop 20 of 280 · as of Nov 3, 2026

1—SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN 5%, due 05/01/20491.42%

2—STHRN CA PUBLIC PWR AUTH REV 5%, due 11/01/20331.24%

3—STOCKTON-EAST CA WTR DIST 5%, due 03/01/20501.09%

4—CALIFORNIA ST 5%, due 08/01/20461.00%

5—CALIFORNIA CMNTY CHOICE FING AUTH Variable rate, due 10/01/20561.00%

6—CENTRL VLY CA ENERGY AUTH COMMODITY SPLY REV Variable rate, due 12/01/20550.99%

7—FRESNO CA JT PWRS FING AUTH 5.25%, due 04/01/20500.98%

8—CALIFORNIA ST HLTH FACS FING AUTH 5%, due 12/01/20440.97%

9—CALIFORNIA ST MUNI FIN AUTH REV Variable rate, due 11/01/20350.96%

10—ANAHEIM CA HSG & PUBLIC IMPT AUTH Variable rate, due 10/01/20540.96%

11—CALIFORNIA ST MUNI FIN AUTH SOL WST DISP Variable rate, due 11/01/20410.95%

12—CALIFORNIA ST MUNI FIN AUTH MF HSG REV 4.45%, due 12/01/20420.93%

13—IRVINE RANCH CA WTR DIST Variable rate, due 10/01/20410.91%

14—FONTANA CA SPL TAX 5%, due 09/01/20390.87%

15—CALIFORNIA ST MUNI FIN AUTH MF HSG REV 4.40%, due 12/01/20430.87%

16—CENTRL VLY CA ENERGY AUTH COMMODITY SPLY REV 5%, due 08/01/20340.83%

17—RIVERSIDE CA SWR REVENUE 5%, due 08/01/20400.78%

18—SANTA CLARA CA WSTWTR REV CTFS PARTN 4.25%, due 02/01/20410.76%

19—CALIFORNIA ST MUNI FIN AUTH SPL FAC REV N/C, 4%, due 07/15/20290.76%

20—CALIFORNIA ST HLTH FACS FING AUTH 5.50%, due 11/15/20520.76%

Go deeper

Prospectus & documentsRead the official filings

Fund factsStructure & strategy

Issuer: First Trust
Inception: 2017-06-20
Exchange: NASDAQ
CUSIP: 33739P863
Structure: —
Benchmark: —
Leverage: 1x
Reset: —

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. It will invest no more than 50% of its net assets in Municipal Securities that are, at the time of investment, not investment grade, commonly referred to as "high yield" or "junk" bonds.

Trading & liquidityNAV, volume & spreads

Reported net asset value: $47.49
NAV provider updated: 2026-10-29 UTC
Premium / discount: —
Median spread · 30D: —
Average volume · 30D: 45.5K
Shares outstanding: —
Options: —

DistributionsYield & payout history

TTM distribution yield: 3.6%
30-day SEC yield: —
Frequency: —
Latest ex-date: 2026-10-21

Distribution yield and SEC yield use different methodologies. Payouts may include income, capital gains, or return of capital.

Ex-date	Pay date	Per share
2026-10-21	2026-10-30	$0.15
2026-09-24	2026-09-30	$0.15
2026-08-21	2026-08-31	$0.14
2026-07-21	2026-07-31	$0.14
2026-06-25	2026-06-30	$0.14
2026-05-21	2026-05-29	$0.14
2026-04-21	2026-04-30	$0.14
2026-03-26	2026-03-31	$0.14
2026-02-20	2026-02-27	$0.14
2026-01-21	2026-01-30	$0.14
2025-12-12	2025-12-31	$0.14
2025-11-21	2025-11-28	$0.14

Fees & costsWhat ownership costs

Net expense ratio: 0.49%
Gross expense ratio: —
Management fee: —
Annual cost per $10,000: $49.00

Estimated annual expense excludes trading costs and assumes constant assets. Fee waivers and fund costs can change.

RiskVolatility & drawdown

Our risk indicator: 2/5 · rule-based
Annualized volatility · 1Y: 3.66%
Beta vs VOO · 1Y: —
Maximum drawdown · 1Y: ▼ −6.9%

Historical risk measures describe past behavior and do not predict future returns.

From the issuer

Hear the strategy from the people behind FCAL.

No issuer videos have been published for this fund. Are you the issuer? Claim this fund →