CWAAX Mutual Fund

NAV$20.17

Fund Essentials - as of Apr 30, 2026

Net Assets
$508,451.46
Expense Ratio
0.75%
Dividend Yield (Current)
2.81%
Holdings
104
Inception Date
Mar 4, 2025
Fund Family
First Trust Portfolios (US)
Investment Style
PRO
Asset Class
PRO
Legal Structure
PRO
Dividend Frequency
Monthly

Performance

YTD+1.81%
1 Year+5.55%

Asset Allocation

Bonds: 100.00%

Price Chart (6M)

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Top Holdings

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TickerNameWeight
CA KERHGR 5.25 08/01Kern Community College District2.05%
-Yonkers Ny 5% 11/15/392.02%
PA PASDEV 5.5 06/30/Pennsylvania St Econ Dev Fing Regd B/E Amt 5.500000002.01%
-Consolidated Municipalities Electric Power Systems Joint Powers Board 5.25% 06/01/20402.01%
CO DENAPT 5.5 11/15/Denver City & Cnty Co Arpt Rev Regd B/E Amt 5.500000001.89%
Top 10 Concentration: 18.65%Report Date: Apr 30, 2026
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Dividend Summary

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Dividend Yield (Current)
2.81%
Frequency
Monthly

Peer Comparison

Benchmark
PRO
Peer outperformance: PRO
Category rank: PRO
This Mutual Fund
PRO
Peer Avg
PRO
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CWAAX Mutual Fund Overview

CWAAX Mutual Fund (First Trust Managed Municipal Fund Class A) is managed by First Trust Portfolios (US) with $508,451.46 in net assets. CWAAX expense ratio is 0.75%, holding 104 positions across sectors including Other, Financials, Real Estate. Inception date: 2025-03-04.

CWAAX performance shows a YTD return of 1.81%. The 1-year return is 5.55%. CWAAX dividend yield stands at 2.81%, paid monthly.

CWAAX top holdings include Kern Community College District (2.0%), Yonkers Ny 5% 11/15/39 (2.0%), Pennsylvania St Econ Dev Fing Regd B/E Amt 5.50000000 (2.0%), Consolidated Municipalities Electric Power Systems Joint Powers Board 5.25% 06/01/2040 (2.0%), Denver City & Cnty Co Arpt Rev Regd B/E Amt 5.50000000 (1.9%). View all CWAAX holdings, sector breakdown, or dividend history.

CWAAX can be compared against other funds using the overlap calculator or side-by-side comparison tool. CWAAX alternatives are available via the screener, along with tax-loss harvesting opportunities.