Under normal market conditions, the fund seeks to invest 100% of its investment portfolio in investment grade securities. Investment grade securities are those securities that are, at the time of purchase, rated as 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. The fund is non-diversified.
Frequently asked questions
What is the First Trust Exchange-Traded Fund IV - First Trust Core Investment Grade ETF (FTCB) expense ratio?
The First Trust Exchange-Traded Fund IV - First Trust Core Investment Grade ETF funds expense ratio is 0.55%.
What is First Trust Exchange-Traded Fund IV - First Trust Core Investment Grade ETF (FTCB) current stock price?
As of the latest data, First Trust Exchange-Traded Fund IV - First Trust Core Investment Grade ETF stock price is $20.25, with a previous close of $20.20. First Trust Exchange-Traded Fund IV - First Trust Core Investment Grade ETF gained $0.05 in the last trading session, representing a 0.25% increase.
Does First Trust Exchange-Traded Fund IV - First Trust Core Investment Grade ETF (FTCB) pay dividends?
Yes. First Trust Exchange-Traded Fund IV - First Trust Core Investment Grade ETF pays monthly dividends with an annualized yield of 5.95% and an estimated annual payout of $1.20 per share.