Under normal market conditions, the fund will pursue its investment objectives by investing primarily in equity securities listed on U.S. exchanges and by utilizing an "option strategy" consisting of writing (selling) U.S. exchange-traded call options on the Standard & Poor"s 500® Index. The fund will employ an option strategy in which it will write U.S. exchange-traded call options on the S&P 500 Index in order to seek additional cash flow in the form of premiums on the options that may be distributed to shareholders on a monthly basis.
Frequently asked questions
What is the First Trust BuyWrite Income ETF (FTHI) expense ratio?
The First Trust BuyWrite Income ETF funds expense ratio is 0.75%.
What is First Trust BuyWrite Income ETF (FTHI) current stock price?
As of the latest data, First Trust BuyWrite Income ETF stock price is $23.91, with a previous close of $23.69. First Trust BuyWrite Income ETF gained $0.22 in the last trading session, representing a 0.93% increase.
Does First Trust BuyWrite Income ETF (FTHI) pay dividends?
Yes. First Trust BuyWrite Income ETF pays monthly dividends with an annualized yield of 8.84% and an estimated annual payout of $2.11 per share.
