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Name

As of 06/01/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

First Trust Portfolios L.P - FT Tx Ex Munic Inc Trs Intermediate Fd USD Ser 40 MNT CASH

FAEVLX | Fund

$934.23

-

4.05%

$37.80

-

Vitals

YTD Return

0.5%

1 yr return

3.4%

3 Yr Avg Return

2.3%

5 Yr Avg Return

0.3%

Net Assets

$N/A

Holdings in Top 10

N/A

52 WEEK LOW AND HIGH

$934.4
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio N/A

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 06/01/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

First Trust Portfolios L.P - FT Tx Ex Munic Inc Trs Intermediate Fd USD Ser 40 MNT CASH

FAEVLX | Fund

$934.23

-

4.05%

$37.80

-

FAEVLX - Profile

Distributions

  • YTD Total Return 0.5%
  • 3 Yr Annualized Total Return 2.3%
  • 5 Yr Annualized Total Return 0.3%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 4.0%
  • Dividend Distribution Frequency N/A

Fund Details

  • Legal Name
    First Trust Portfolios L.P - FT Tx Ex Munic Inc Trs Intermediate Fd USD Ser 40 MNT CASH
  • Fund Family Name
    N/A
  • Inception Date
    May 02, 2019
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    N/A

Fund Description

FAEVLX - Performance

Return Ranking - Trailing

Period FAEVLX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.5% -60.4% 26.2% 89.66%
1 Yr 3.4% -14.1% 8.5% 38.80%
3 Yr 2.3%* -9.3% 50.1% N/A
5 Yr 0.3%* -4.5% 28.8% N/A
10 Yr N/A* -1.7% 14.1% N/A

* Annualized

Return Ranking - Calendar

Period FAEVLX Return Category Return Low Category Return High Rank in Category (%)
2025 -4.1% -76.8% 4.7% 0.94%
2024 -4.6% -69.5% 9.0% N/A
2023 -0.7% -66.1% 310.0% N/A
2022 -10.3% -57.4% 26.0% N/A
2021 -2.1% -30.0% 11.0% N/A

Total Return Ranking - Trailing

Period FAEVLX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.5% -60.4% 26.2% 89.66%
1 Yr 3.4% -14.6% 11.3% 90.31%
3 Yr 2.3%* -5.8% 6071.3% 3.47%
5 Yr 0.3%* -1.6% 1098.8% 6.83%
10 Yr N/A* -0.4% 247.4% N/A

* Annualized

Total Return Ranking - Calendar

Period FAEVLX Return Category Return Low Category Return High Rank in Category (%)
2025 4.1% -76.8% 4.7% 0.94%
2024 1.1% -69.5% 23761504.0% N/A
2023 2.3% -66.1% 34671.4% N/A
2022 -7.1% -57.4% 3514.6% N/A
2021 1.3% -30.0% 15.0% N/A

NAV & Total Return History

FAEVLX - Holdings

Concentration Analysis

FAEVLX Category Low Category High FAEVLX % Rank
Net Assets N/A 423 K 437 B N/A
Number of Holdings N/A 1 14000 91.48%
Net Assets in Top 10 N/A -317 M 8.64 B 95.19%
Weighting of Top 10 N/A 2.4% 101.7% 9.19%

Top 10 Holdings

  1. COOK CNTY ILL SCH DIST NO 111 STICKNEY 5% 8.95%
  2. ALGOMA WIS WTR & ELEC SYS REV 3.25% 6.37%
  3. LOUISIANA LOC GOVT ENVIRONMENTAL FACS & CMNTY DEV AUTH REV 5% 5.51%
  4. CANON CITY COLO CTFS PARTN 4% 4.68%
  5. NORTH TEX MUN WTR DIST TEX MUSTANG CREEK WASTEWATER INTERCEPTOR SYS CONTRAC 4.59%
  6. ST CLAIR CNTY MICH CMNTY COLLEGE 3.5% 4.50%
  7. GREENWAY INDPT SCH DIST NO 316 MINN CTFS PARTN 3% 4.39%
  8. REGIONAL TRANSN AUTH ILL 6% 4.29%
  9. FLORIDA HIGHER EDL FACS FING AUTH REV 5% 4.07%
  10. MC HENRY & LAKE CNTYS ILL CMNTY HIGH SCH DIST NO 156 3% 4.07%

Asset Allocation

Weighting Return Low Return High FAEVLX % Rank
Bonds 		100.00% 65.51% 150.86% 12.56%
Stocks 		0.00% -0.03% 4.63% 4.80%
Preferred Stocks 		0.00% -0.52% 0.04% 2.03%
Other 		0.00% -13.03% 30.01% 3.48%
Convertible Bonds 		0.00% 0.00% 0.93% 2.14%
Cash 		0.00% -50.86% 33.96% 75.84%

FAEVLX - Expenses

Operational Fees

FAEVLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio N/A 0.02% 6.50% 93.43%
Management Fee N/A 0.00% 1.10% N/A
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.44% N/A

Sales Fees

FAEVLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 4.75% N/A
Deferred Load N/A 0.25% 5.00% N/A

Trading Fees

FAEVLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 1.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FAEVLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 283.00% N/A

FAEVLX - Distributions

Dividend Yield Analysis

FAEVLX Category Low Category High FAEVLX % Rank
Dividend Yield 4.05% 0.00% 4.53% 88.87%

Dividend Distribution Analysis

FAEVLX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly

Net Income Ratio Analysis

FAEVLX Category Low Category High FAEVLX % Rank
Net Income Ratio N/A -0.53% 5.33% N/A

Capital Gain Distribution Analysis

FAEVLX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Monthly Monthly

Distributions History

View More +

FAEVLX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 35.05 7.28 1.58

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