Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in structured credit investments. Structured credit investments are created through a securitization process, in which financial assets such as loans and mortgages are packaged into interest-bearing securities backed by those assets and issued to investors. The fund is non-diversified.
Frequently asked questions
What is the First Trust Exchange-Traded Fund IV (SCIO) expense ratio?
The First Trust Exchange-Traded Fund IV funds expense ratio is 70%.
What is First Trust Exchange-Traded Fund IV (SCIO) current stock price?
As of the latest data, First Trust Exchange-Traded Fund IV stock price is $20.03, with a previous close of $20.00. First Trust Exchange-Traded Fund IV gained $0.03 in the last trading session, representing a 0.15% increase.
Does First Trust Exchange-Traded Fund IV (SCIO) pay dividends?
Yes. First Trust Exchange-Traded Fund IV pays monthly dividends with an annualized yield of 5.72% and an estimated annual payout of $1.15 per share.
When is the next ex-dividend date for First Trust Exchange-Traded Fund IV (SCIO)?
The next ex-dividend date is scheduled for October 21, 2026.
