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LQTI ETF Profile


Family: First Trust
Name: FT Vest Investment Grade & Target Income ETF
Inception Date: 12-Feb-2025
Termination Date:
Investment Objective: The FT Vest Investment Grade & Target Income ETF (the "Fund") seeks to provide investors with current income with a secondary objective of providing capital appreciation. 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 Investment Grade Corporate Bond ETF (the "Underlying ETF"). The Fund also seeks a secondary objective of providing capital appreciation. The Underlying ETF trailing 12-month annual income yield as of January 28, 2025 was 4.41%. The Fund seeks to provide long exposure to the Underlying ETF through the use of FLEX Options contracts that reference the Underlying ETF.
Prospectus
Top 10 Holdings
Top 10 Holdings Weight:
Number of Holdings:
Shares Outstanding: 200,002
Total Net Assets: 4,100,041
NAV: 20.46
Net Expense Ratio: 0.65%
Asset Class: Bonds
Developed or Emerging: Developed Market Funds
Country: US
Region:
Strategy: Buy-Write strategy
Currency:
Commodity:
Sector:
Industry:
Dividend Type:
Tax Exempt State:
Maturity Duration: Long (10 + years)
Market Cap:
Credit Quality: Investment Grade Only
Mortgage Bond Types:
Bond Type: Corporate
Gov't Bond Types:
Reit Type:
Leverage Direction/Factor:
Is Currency Hedged: No
US or Ex-US: Domestic