MFLX Distribution History & Yield

First Trust Flexible Municipal High Income ETF · NasdaqGM

ETF Muni National Long Monthly payer
$16.65
+0.06% today
as of Sep 9, 2026
TTM yield
4.31%
$0.717/share over the last 12 months
Forward yield
4.31%
$0.717/share indicated annual rate
Annual distribution
$0.717
per share, forward
Per payment
$0.0597
per share, every month
Frequency
Monthly
12 payments a year
Next ex-distribution date
Sep 20, 2026 Estimated
in 11 days
Next pay date
Sep 28, 2026
in 19 days
Last ex-distribution date
Aug 21, 2026
$0.062 per share
Expense ratio
0.75%
AUM 21.0M
Consistency
98/100
very stable payouts
5y distribution CAGR
-0.8%
annualised, regular payments
Growth streak
0 yrs
no current streak
Years paying
9.9
since Oct 21, 2016
1y total return
+5.1%
price +0.7% + distributions 4.3%

Upcoming distribution payments

Ex-datePay datePer sharePer 100 sharesStatus
Sun, Sep 20, 2026 (in 11 days) Sep 28, 2026 $0.0597 $5.97 Estimated
Tue, Oct 20, 2026 (in 41 days) Oct 28, 2026 $0.0597 $5.97 Estimated
Thu, Nov 19, 2026 (in 71 days) Nov 27, 2026 $0.0597 $5.97 Estimated
Sat, Dec 19, 2026 (in 101 days) Dec 27, 2026 $0.0597 $5.97 Estimated
Mon, Jan 18, 2027 (in 131 days) Jan 26, 2027 $0.0597 $5.97 Estimated
Wed, Feb 17, 2027 (in 161 days) Feb 25, 2027 $0.0597 $5.97 Estimated
Fri, Mar 19, 2027 (in 191 days) Mar 27, 2027 $0.0597 $5.97 Estimated
Sun, Apr 18, 2027 (in 221 days) Apr 26, 2027 $0.0597 $5.97 Estimated
Tue, May 18, 2027 (in 251 days) May 26, 2027 $0.0597 $5.97 Estimated
Thu, Jun 17, 2027 (in 281 days) Jun 25, 2027 $0.0597 $5.97 Estimated
Sat, Jul 17, 2027 (in 311 days) Jul 25, 2027 $0.0597 $5.97 Estimated
Mon, Aug 16, 2027 (in 341 days) Aug 24, 2027 $0.0597 $5.97 Estimated

Estimated dates and amounts are projected from MFLX's recent payment pattern and will be replaced by declared figures when the fund announces them. Total over the next 12 months: about $0.717 per share.

Distribution payment history

Last 40 payments per share. RegularSpecial

Last 40 payments per share from May 23, 2023 to Aug 21, 2026; most recent $0.062$0.00$0.04$0.08May 23, 2023: $0.054May '23Jun 27, 2023: $0.05Jul 21, 2023: $0.05Aug 22, 2023: $0.05Sep 22, 2023: $0.05Oct 24, 2023: $0.05Oct '23Nov 21, 2023: $0.051Dec 22, 2023: $0.051Jan 23, 2024: $0.051Feb 21, 2024: $0.051Mar 21, 2024: $0.051Mar '24Apr 23, 2024: $0.051May 21, 2024: $0.051Jun 27, 2024: $0.051Jul 23, 2024: $0.055Aug 21, 2024: $0.058Aug '24Sep 26, 2024: $0.058Oct 22, 2024: $0.058Nov 21, 2024: $0.058Dec 13, 2024: $0.058Jan 22, 2025: $0.058Jan '25Feb 21, 2025: $0.058Mar 27, 2025: $0.058Apr 22, 2025: $0.058May 21, 2025: $0.058Jun 26, 2025: $0.058Jun '25Jul 22, 2025: $0.058Aug 21, 2025: $0.058Sep 25, 2025: $0.058Oct 21, 2025: $0.058Nov 21, 2025: $0.058Nov '25Dec 12, 2025: $0.058Jan 21, 2026: $0.06Feb 20, 2026: $0.06Mar 26, 2026: $0.06Apr 21, 2026: $0.06Apr '26May 21, 2026: $0.061Jun 25, 2026: $0.061Jul 21, 2026: $0.061Aug 21, 2026: $0.062

Annual distributions per share

Annual dividend per share by calendar year, 2017 to 2026 (year to date)$0.00$0.50$1.002017: $0.714$0.71420172018: $0.645$0.64520182019: $0.58$0.5820192020: $0.652$0.65220202021: $0.787$0.78720212022: $0.697$0.69720222023: $0.622$0.62220232024: $0.651$0.65120242025: $0.696$0.69620252026 (YTD): $0.485$0.4852026 YTD

How much MFLX do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month1,674$27,866$1,200
$500 / month8,369$139,331$6,000
$1,000 / month16,737$278,661$12,000

Based on the forward yield of 4.31%. $10,000 in MFLX would currently pay about $431 a year ($36 a month on average). Model reinvestment and growth →

MFLX distribution history

Show recent only Download CSV
Ex-datePay dateAmountChange
Aug 21, 2026 Aug 31, 2026 $0.062 +1.6%
Jul 21, 2026 Jul 31, 2026 $0.061 +0.0%
Jun 25, 2026 Jun 30, 2026 $0.061 +0.0%
May 21, 2026 May 29, 2026 $0.061 +1.7%
Apr 21, 2026 Apr 30, 2026 $0.06 +0.0%
Mar 26, 2026 Mar 31, 2026 $0.06 +0.0%
Feb 20, 2026 Feb 27, 2026 $0.06 +0.0%
Jan 21, 2026 Jan 30, 2026 $0.06 +3.4%
Dec 12, 2025 Dec 31, 2025 $0.058 +0.0%
Nov 21, 2025 Nov 28, 2025 $0.058 +0.0%
Oct 21, 2025 Oct 31, 2025 $0.058 +0.0%
Sep 25, 2025 Sep 30, 2025 $0.058 +0.0%
Aug 21, 2025 Aug 29, 2025 $0.058 +0.0%
Jul 22, 2025 Jul 31, 2025 $0.058 +0.0%
Jun 26, 2025 Jun 30, 2025 $0.058 +0.0%
May 21, 2025 May 30, 2025 $0.058 +0.0%
Apr 22, 2025 Apr 30, 2025 $0.058 +0.0%
Mar 27, 2025 Mar 31, 2025 $0.058 +0.0%
Feb 21, 2025 Feb 28, 2025 $0.058 +0.0%
Jan 22, 2025 Jan 31, 2025 $0.058 +0.0%
Dec 13, 2024 Dec 31, 2024 $0.058 +0.0%
Nov 21, 2024 Nov 29, 2024 $0.058 +0.0%
Oct 22, 2024 Oct 31, 2024 $0.058 +0.0%
Sep 26, 2024 Sep 30, 2024 $0.058 +0.0%
Aug 21, 2024 Aug 30, 2024 $0.058 +5.5%
Jul 23, 2024 Jul 31, 2024 $0.055 +7.8%
Jun 27, 2024 Jun 28, 2024 $0.051 +0.0%
May 21, 2024 May 31, 2024 $0.051 +0.0%
Apr 23, 2024 Apr 30, 2024 $0.051 +0.0%
Mar 21, 2024 Mar 28, 2024 $0.051 +0.0%
Feb 21, 2024 Feb 29, 2024 $0.051 +0.0%
Jan 23, 2024 Jan 31, 2024 $0.051 +0.0%
Dec 22, 2023 Dec 29, 2023 $0.051 +0.0%
Nov 21, 2023 Nov 30, 2023 $0.051 +2.0%
Oct 24, 2023 Oct 31, 2023 $0.05 +0.0%
Sep 22, 2023 Sep 29, 2023 $0.05 +0.0%
Aug 22, 2023 Aug 31, 2023 $0.05 +0.0%
Jul 21, 2023 Jul 31, 2023 $0.05 +0.0%
Jun 27, 2023 Jun 30, 2023 $0.05 -7.4%
May 23, 2023 May 31, 2023 $0.054 +0.0%
Apr 21, 2023 Apr 28, 2023 $0.054 +0.0%
Mar 24, 2023 Mar 31, 2023 $0.054 +0.0%
Feb 22, 2023 Feb 28, 2023 $0.054 +0.0%
Jan 24, 2023 Jan 31, 2023 $0.054 +0.0%
Dec 23, 2022 Dec 30, 2022 $0.054 +0.0%
Nov 22, 2022 Nov 30, 2022 $0.054 +0.0%
Oct 21, 2022 Oct 31, 2022 $0.054 +0.0%
Sep 23, 2022 Sep 30, 2022 $0.054 +0.0%
Aug 23, 2022 Aug 31, 2022 $0.054 -6.9%
Jul 21, 2022 Jul 29, 2022 $0.058 +0.0%
Jun 24, 2022 Jun 30, 2022 $0.058 +0.0%
May 24, 2022 May 31, 2022 $0.058 +0.0%
Apr 12, 2022 Apr 29, 2022 $0.058 -10.8%
Mar 11, 2022 Mar 31, 2022 $0.065 +0.0%
Feb 11, 2022 Feb 28, 2022 $0.065 +0.0%
Jan 11, 2022 Jan 31, 2022 $0.065 -30.9%
Dec 14, 2021 Dec 31, 2021 $0.094 +49.2%
Nov 12, 2021 Nov 30, 2021 $0.063 +0.0%
Oct 13, 2021 Oct 29, 2021 $0.063 +0.0%
Sep 14, 2021 Sep 30, 2021 $0.063 +0.0%
Aug 11, 2021 Aug 31, 2021 $0.063 +0.0%
Jul 13, 2021 Jul 30, 2021 $0.063 +0.0%
Jun 11, 2021 Jun 30, 2021 $0.063 +0.0%
May 11, 2021 May 28, 2021 $0.063 +0.0%
Apr 13, 2021 Apr 30, 2021 $0.063 +0.0%
Mar 11, 2021 Mar 31, 2021 $0.063 +0.0%
Feb 11, 2021 Feb 26, 2021 $0.063 +0.0%
Jan 12, 2021 Jan 29, 2021 $0.063 +0.0%
Dec 11, 2020 Dec 31, 2020 $0.063 +0.0%
Nov 12, 2020 Nov 30, 2020 $0.063 +5.0%
Oct 14, 2020 Oct 30, 2020 $0.06 +9.1%
Sep 11, 2020 Sep 30, 2020 $0.055 +0.0%
Aug 11, 2020 Aug 31, 2020 $0.055 +0.0%
Jul 14, 2020 Jul 31, 2020 $0.055 +3.8%
Jun 11, 2020 Jun 30, 2020 $0.053 +6.0%
May 12, 2020 May 29, 2020 $0.05 +0.0%
Apr 13, 2020 Apr 30, 2020 $0.05 +0.0%
Mar 11, 2020 Mar 31, 2020 $0.05 +0.0%
Feb 11, 2020 Feb 28, 2020 $0.05 +4.2%
Jan 14, 2020 Jan 31, 2020 $0.048 +0.0%
Dec 11, 2019 Dec 31, 2019 $0.048 +0.0%
Nov 13, 2019 Nov 29, 2019 $0.048 +0.0%
Oct 11, 2019 Oct 31, 2019 $0.048 +0.0%
Sep 11, 2019 Sep 30, 2019 $0.048 +0.0%
Aug 13, 2019 Aug 30, 2019 $0.048 +0.0%
Jul 11, 2019 Jul 31, 2019 $0.048 +0.0%
Jun 11, 2019 Jun 28, 2019 $0.048 +0.0%
May 14, 2019 May 31, 2019 $0.048 +0.0%
Apr 11, 2019 Apr 30, 2019 $0.048 +0.0%
Mar 12, 2019 Mar 29, 2019 $0.048 -4.0%
Feb 12, 2019 Feb 28, 2019 $0.05 +0.0%
Jan 11, 2019 Jan 31, 2019 $0.05 -7.4%
Dec 11, 2018 Dec 31, 2018 $0.054 +0.0%
Nov 9, 2018 Nov 30, 2018 $0.054 +0.0%
Oct 11, 2018 Oct 31, 2018 $0.054 +8.0%
Sep 11, 2018 Sep 28, 2018 $0.05 +0.0%
Aug 10, 2018 Aug 31, 2018 $0.05 -7.4%
Jul 11, 2018 Jul 31, 2018 $0.054 +0.0%
Jun 12, 2018 Jun 29, 2018 $0.054 -1.8%
May 11, 2018 May 31, 2018 $0.055 +0.0%
Apr 11, 2018 Apr 30, 2018 $0.055 +0.0%
Mar 13, 2018 Mar 29, 2018 $0.055 +0.0%
Feb 13, 2018 Feb 28, 2018 $0.055 +0.0%
Jan 11, 2018 Jan 31, 2018 $0.055 -5.2%
Dec 21, 2017 Dec 29, 2017 $0.058 +0.0%
Nov 21, 2017 Nov 30, 2017 $0.058 +0.0%
Oct 20, 2017 Oct 31, 2017 $0.058 -3.3%
Sep 21, 2017 Sep 29, 2017 $0.06 +0.0%
Aug 22, 2017 Aug 31, 2017 $0.06 +0.0%
Jul 21, 2017 Jul 31, 2017 $0.06 +0.0%
Jun 22, 2017 Jun 30, 2017 $0.06 +0.0%
May 23, 2017 May 31, 2017 $0.06 +0.0%
Apr 21, 2017 Apr 28, 2017 $0.06 +0.0%
Mar 23, 2017 Mar 31, 2017 $0.06 +0.0%
Feb 22, 2017 Feb 28, 2017 $0.06 +0.0%
Jan 20, 2017 Jan 31, 2017 $0.06 +0.0%
Dec 21, 2016 Dec 30, 2016 $0.06 +0.0%
Nov 22, 2016 Nov 30, 2016 $0.06 +0.0%
Oct 21, 2016 Oct 31, 2016 $0.06

Payout risk check

Distribution stabilityLow risk

MFLX's last 12 distributions were very stable (consistency score 98/100).

Its share price moved +0.7% over the past year.

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About First Trust Flexible Municipal High Income ETF

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.

Fund family: First Trust. Category: Muni National Long. First distribution on our records: Oct 21, 2016. 119 payments tracked. Data last refreshed Sep 9, 2026. Spotted a mistake? Report it and we'll fix it.

MFLX distribution FAQ

When is MFLX's next ex-distribution date?

MFLX's next ex-distribution date is Sep 20, 2026 (in 11 days, estimated from its monthly schedule). You must own the shares before that date to receive the payment of about $0.0597 per share, expected on Sep 28, 2026.

How often does MFLX pay distributions?

MFLX pays distributions every month, 12 times a year. The most recent payment was $0.062 per share with an ex-date of Aug 21, 2026.

What is MFLX's distribution yield?

MFLX's trailing 12-month distribution yield is 4.31%, based on $0.717 per share paid over the last year and a share price of $16.65. The forward yield, using the indicated annual rate of $0.717 per share, is 4.31%.

How much does MFLX pay per share?

MFLX pays about $0.0597 per share each month, which works out to roughly $0.717 per share a year. 100 shares would collect about $71.70 a year.

Has MFLX grown or cut its distribution?

Over the last 5 years the regular payout has shrunk at 0.8% a year (+3.0% over the last year). There has been no cut to a regular payment in the last 5 years. As a fund, MFLX's distributions vary with the income its holdings generate, so payouts are not designed to rise every year the way a dividend-growth stock's are.

How many shares of MFLX do I need to earn $100 a month?

At the current forward yield of 4.31%, you would need about 1,674 shares of MFLX (roughly $27,866 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every month, so the monthly figure is an average.

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