Under normal market conditions, the fund will pursue its investment objectives by investing in U.S. treasury securities and utilizing an option strategy consisting of purchasing and writing (selling) U.S. exchange-traded call options, including Flexible Exchange options ("FLEX Options"), on the iShares iBoxx High Yield Corporate Bond ETF (the "Underlying ETF"). The fund is non-diversified.
Frequently asked questions
What sector does First Trust Exchange-Traded Fund IV (HYTI) operate in?
First Trust Exchange-Traded Fund IV belongs to the Other sector.
What is First Trust Exchange-Traded Fund IV (HYTI) current stock price?
As of the latest data, First Trust Exchange-Traded Fund IV stock price is $18.36, with a previous close of $18.32. First Trust Exchange-Traded Fund IV gained $0.04 in the last trading session, representing a 0.22% increase.
Does First Trust Exchange-Traded Fund IV (HYTI) pay dividends?
Yes. First Trust Exchange-Traded Fund IV pays monthly dividends with an annualized yield of 10.53% and an estimated annual payout of $1.93 per share.
When is the next ex-dividend date for First Trust Exchange-Traded Fund IV (HYTI)?
The next ex-dividend date is scheduled for October 01, 2026.
What is First Trust Exchange-Traded Fund IV (HYTI) beta (volatility) score?
First Trust Exchange-Traded Fund IV has a beta of 0.000, indicating lower volatility than the overall market.