The fund seeks to achieve its investment objective by investing at least 80% of its net assets in common stocks of domestic companies listed and traded on U.S. national securities exchanges that the sub-advisor believes exhibit low future expected volatility. To implement this strategy, the sub-advisor employs volatility forecasting models to forecast future expected volatility. The strategy is largely quantitative and rules-based, but also includes multiple parameters over which the sub-advisor may exercise discretion in connection with its active management of the fund.
Frequently asked questions
What is the First Trust Horizon Managed Volatility Domestic ETF (HUSV) expense ratio?
The First Trust Horizon Managed Volatility Domestic ETF funds expense ratio is 0.7%.
What is First Trust Horizon Managed Volatility Domestic ETF (HUSV) current stock price?
As of the latest data, First Trust Horizon Managed Volatility Domestic ETF stock price is $41.60, with a previous close of $41.42. First Trust Horizon Managed Volatility Domestic ETF gained $0.18 in the last trading session, representing a 0.43% increase.
Does First Trust Horizon Managed Volatility Domestic ETF (HUSV) pay dividends?
Yes. First Trust Horizon Managed Volatility Domestic ETF pays quarterly dividends with an annualized yield of 1.41% and an estimated annual payout of $0.59 per share.
