Under normal market conditions, the fund seeks to achieve its objectives by investing at least 80% of its net assets in investment grade corporate debt securities. At least 80% of the fund"s net assets will be invested in corporate debt securities that are, at the time of purchase, investment grade (i.e., rated Baa3/BBB- or above) by at least one nationally recognized statistical rating organization ("NRSRO") rating such securities, or if unrated, debt securities determined by the fund"s investment advisor to be of comparable quality.
Frequently asked questions
What is the First Trust Exchange-Traded Fund IV (FIIG) expense ratio?
The First Trust Exchange-Traded Fund IV funds expense ratio is 0.65%.
What is First Trust Exchange-Traded Fund IV (FIIG) current stock price?
As of the latest data, First Trust Exchange-Traded Fund IV stock price is $20.08, with a previous close of $20.17. First Trust Exchange-Traded Fund IV lost -$0.10 in the last trading session, representing a -0.47% loss.
Does First Trust Exchange-Traded Fund IV (FIIG) pay dividends?
Yes. First Trust Exchange-Traded Fund IV pays monthly dividends with an annualized yield of 5.52% and an estimated annual payout of $1.11 per share.