First Trust California Municipal High income ETF FCAL
Source: Yahoo Finance (opens in a new tab) Observed · 1 day ago Quotes may be delayed
- Expense ratio
- 0.65%
- Net assets
- $218.7M
- Holdings
- 278
- 12-month distribution yield
- 3.60%
- Asset class
- Fixed income
First Trust California Municipal High income ETF (FCAL) is an exchange-traded fund listed on the Nasdaq in the United States, issued by First Trust. Its category is Fixed income · US (fixed income). Its last price was US$46.96 on 20 Oct 2026. Its expense ratio is 0.65% a year, from its prospectus dated 1 Dec 2025. It reported net assets of US$218.74 million as of 31 Jul 2026. Its latest holdings report lists 278 holdings as of 31 Jul 2026. Over the last 12 months it paid distributions of US$1.69 a unit, a 12-month distribution yield of 3.60%, paid monthly.
Fees
- Total annual operating expenses (gross)
- 0.65%
- Net, after fee waivers or reimbursements
- No waiver stated
- Management fee
- 0.65%
- Prospectus date
- 1 Dec 2025
- Filed with the SEC
- 28 Nov 2025
Size and reporting
- Net assets
- $218,740,257
- Total assets
- $220,105,489
- Holdings as of
- 31 Jul 2026
- Report made public
- 22 Sep 2026 (53 days after the month end)
Top holdings
Largest 25 of 278 positions, as of 31 Jul 2026. Weight is the percent of net assets the fund reported.
| # | Holding | Identifier | Weight | Value (USD) | Type | Country | Currency |
|---|---|---|---|---|---|---|---|
| 1 | SAN FRANCISCO CITY AND COUNTY AIRPORT COMMISSION (CA) CA SFOAPT 5 05/01/2049 | US79766DMB28 | 1.39% | $3.1M | Debt | United States | USD |
| 2 | CALIFORNIA ST ENTERPRISE DEV AUTH CA CASFAC 5.25 11/01/2049 | US13067VBR42 | 1.21% | $2.6M | Debt | United States | USD |
| 3 | SOUTHERN CALIFORNIA PUBLIC POWER AUTHORITY (CA) CA STNPWR 5 11/01/2033 | US84247PPF26 | 1.20% | $2.6M | Debt | United States | USD |
| 4 | STOCKTON-EAST WTR DIST CALIF CA STOWTR 5 03/01/2050 | US861431EB64 | 1.07% | $2.3M | Debt | United States | USD |
| 5 | CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY (CA) CA CASMED 5 12/01/2044 | US13032US586 | 0.96% | $2.1M | Debt | United States | USD |
| 6 | FRESNO CALIF JT PWRS FING AUTH CA FREGEN 5.25 04/01/2050 | US358184SA81 | 0.96% | $2.1M | Debt | United States | USD |
| 7 | CENTRAL VALLEY ENERGY AUTHORITY (CA) CA CTVPWR 12/01/2055 | US15569DAA00 | 0.96% | $2.1M | Debt | United States | USD |
| 8 | CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY (CA) CA CCEDEV 05/01/2054 | US13013JDR41 | 0.95% | $2.1M | Debt | United States | USD |
| 9 | CALIFORNIA STATE PUBLIC WORKS BOARD (CA) CA CASFAC 4 05/01/2037 | US13068XEY13 | 0.93% | $2.0M | Debt | United States | USD |
| 10 | ANAHEIM HOUSING AND PUBLIC IMPROVEMENTS AUTHORITY (CA) CA ANAHSG 10/01/2054 | US032556NJ70 | 0.91% | $2.0M | Debt | United States | USD |
| 11 | IRVINE RANCH WATER DISTRICT (CA) CA IVRWTR 10/01/2041 | US4636324K26 | 0.91% | $2.0M | Debt | United States | USD |
| 12 | CALIFORNIA MUNICIPAL FINANCE AUTHORITY (CA) CA CASPOL 11/01/2041 | US13048RAN70 | 0.91% | $2.0M | Debt | United States | USD |
| 13 | CALIFORNIA MUNICIPAL FINANCE AUTHORITY (CA) CA CASMFH 4.45 12/01/2042 | US130483GQ70 | 0.91% | $2.0M | Debt | United States | USD |
| 14 | CALIFORNIA MUNICIPAL FINANCE AUTHORITY (CA) CA CASMFH 4.4 12/01/2043 | US130483MB38 | 0.89% | $1.9M | Debt | United States | USD |
| 15 | FONTANA CALIF CA FONGEN 5 09/01/2039 | US344630M704 | 0.85% | $1.9M | Debt | United States | USD |
| 16 | CENTRAL VALLEY ENERGY AUTHORITY (CA) CA CTVPWR 5 08/01/2034 | US15569DAG79 | 0.80% | $1.7M | Debt | United States | USD |
| 17 | BURBANK GLENDALE PASADENA ARPT CA BURAPT 5.25 07/01/2049 | US120827ED81 | 0.77% | $1.7M | Debt | United States | USD |
| 18 | RIVERSIDE CALIF CA RIVUTL 5 08/01/2040 | US769047KL40 | 0.76% | $1.7M | Debt | United States | USD |
| 19 | SANTA CLARA CALIF CA SWWUTL 4.25 02/01/2041 | US801517AT04 | 0.74% | $1.6M | Debt | United States | USD |
| 20 | CSCDA COMMUNITY IMPROVEMENT AUTHORITY (CA) CA CDAHSG 4 07/01/2056 | US126292AP68 | 0.74% | $1.6M | Debt | United States | USD |
| 21 | CALIFORNIA MUNICIPAL FINANCE AUTHORITY (CA) CA CASFIN 4 07/15/2029 | US13050RAA05 | 0.74% | $1.6M | Debt | United States | USD |
| 22 | CORONA-NORCO CALIF UNI SCH DIST CA CNRSCD 5 08/01/2046 | US219764UQ81 | 0.74% | $1.6M | Debt | United States | USD |
| 23 | SAN DIEGO UNIFIED SCHOOL DISTRICT (CA) CA SDGEDU 5 07/01/2042 | US797356FS61 | 0.73% | $1.6M | Debt | United States | USD |
| 24 | CALIFORNIA POLLUTION CONTROL FINANCING AUTHORITY (CA) CA CASPOL 5 07/01/2036 | US13054WBB28 | 0.73% | $1.6M | Debt | United States | USD |
| 25 | CALIFORNIA MUNICIPAL FINANCE AUTHORITY (CA) CA CASFIN 5 11/15/2042 | US13048VG510 | 0.73% | $1.6M | Debt | United States | USD |
Breakdowns
Sums of reported weights over every position in the report. Totals can differ from 100% because of derivatives, borrowing and cash.
Asset type
| Type | Weight | Bar |
|---|---|---|
| Debt | 98.61% |
Country
| Country | Weight | Bar |
|---|---|---|
| United States | 98.61% |
Currency exposure
| Currency | Weight | Bar |
|---|---|---|
| US dollar (USD) | 98.61% |
Sector
No sector data
Source: SEC Form N-PORT (opens in a new tab) Holdings as of
Distributions
- Paid in the last 12 months
- $1.6890
- 12-month yield
- 3.60%
- Frequency
- Monthly
- Latest ex-date
- 24 Sep 2026
12-month yield = distributions per unit with an ex-date in the last 12 months ($1.6890) ÷ latest price ($46.96) × 100 = 3.60%. It looks back, so it is not a forecast; special distributions in the window are included.
Why a distribution yield is not the fund's return: yield vs total return
Distribution history table (59 payments)
| Ex-date | Amount per unit |
|---|---|
| 24 Sep 2026 | $0.1450 |
| 21 Aug 2026 | $0.1440 |
| 21 Jul 2026 | $0.1430 |
| 25 Jun 2026 | $0.1430 |
| 21 May 2026 | $0.1430 |
| 21 Apr 2026 | $0.1420 |
| 26 Mar 2026 | $0.1410 |
| 20 Feb 2026 | $0.1410 |
| 21 Jan 2026 | $0.1400 |
| 12 Dec 2025 | $0.1360 |
| 21 Nov 2025 | $0.1360 |
| 21 Oct 2025 | $0.1350 |
| 25 Sep 2025 | $0.1350 |
| 21 Aug 2025 | $0.1330 |
| 22 Jul 2025 | $0.1320 |
| 26 Jun 2025 | $0.1320 |
| 21 May 2025 | $0.1320 |
| 22 Apr 2025 | $0.1320 |
| 27 Mar 2025 | $0.1290 |
| 21 Feb 2025 | $0.1290 |
| 22 Jan 2025 | $0.1290 |
| 13 Dec 2024 | $0.1280 |
| 21 Nov 2024 | $0.1280 |
| 22 Oct 2024 | $0.1280 |
| 26 Sep 2024 | $0.1250 |
| 21 Aug 2024 | $0.1240 |
| 23 Jul 2024 | $0.1230 |
| 27 Jun 2024 | $0.1230 |
| 21 May 2024 | $0.1210 |
| 23 Apr 2024 | $0.1200 |
| 21 Mar 2024 | $0.1200 |
| 21 Feb 2024 | $0.1200 |
| 23 Jan 2024 | $0.1200 |
| 22 Dec 2023 | $0.1200 |
| 21 Nov 2023 | $0.1170 |
| 24 Oct 2023 | $0.1150 |
| 22 Sep 2023 | $0.1150 |
| 22 Aug 2023 | $0.1140 |
| 21 Jul 2023 | $0.1140 |
| 27 Jun 2023 | $0.1140 |
| 23 May 2023 | $0.1130 |
| 21 Apr 2023 | $0.1130 |
| 24 Mar 2023 | $0.1120 |
| 22 Feb 2023 | $0.1120 |
| 24 Jan 2023 | $0.1120 |
| 23 Dec 2022 | $0.1100 |
| 22 Nov 2022 | $0.1070 |
| 21 Oct 2022 | $0.1030 |
| 23 Sep 2022 | $0.1000 |
| 23 Aug 2022 | $0.0950 |
| 21 Jul 2022 | $0.0930 |
| 24 Jun 2022 | $0.0930 |
| 24 May 2022 | $0.0930 |
| 21 Apr 2022 | $0.0900 |
| 25 Mar 2022 | $0.0900 |
| 18 Feb 2022 | $0.0900 |
| 21 Jan 2022 | $0.0900 |
| 23 Dec 2021 | $0.0900 |
| 23 Nov 2021 | $0.0900 |
Filings and sources
- Form N-PORT report for July 2026 (opens in a new tab)
- Prospectus filing with the fee table (opens in a new tab)
- All SEC filings for this fund series (S000057894) (opens in a new tab)
- Nasdaq Trader symbol directory (opens in a new tab)
- Yahoo Finance quote and distributions (opens in a new tab)
- How the ETF figures are collected
Compare with
Largest funds in the same category:
- FCAL and BND Vanguard Total Bond Market ETF
- FCAL and AGG iShares Core U.S. Aggregate Bond ETF
- FCAL and VTIP Vanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares
- FCAL and BSV Vanguard Short-Term Bond ETF