First Trust Launches the First Trust New York Municipal High Income ETF

b"First Trust Advisors L.P. (\xe2\x80\x9cFirst Trust\xe2\x80\x9d), a leading exchange-traded fund (\xe2\x80\x9cETF\xe2\x80\x9d) provider and asset manager, announced today that it has launched a new actively managed ETF, the First Trust New York Municipal High Income ETF (NYSE Arca: FMNY) (the \xe2\x80\x9cfund\xe2\x80\x9d).