| Family: | First Trust |
| Name: | FT Vest Rising Dividend Achievers Target Income ETF |
| Inception Date: | 19-Oct-2022 |
| Termination Date: | |
| Investment Objective: | The FT Vest Rising Dividend Achievers Target Income ETF 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 objective by investing primarily in U.S. exchange-traded equity securities contained in the Nasdaq US Rising Dividend Achievers Index and by utilizing an "option strategy" consisting of writing (selling) U.S. exchange-traded call options on the S&P 500 Index or exchange-traded funds that track the S&P 500 Index. |
| Prospectus | |
| Top 10 Holdings | ||
| Lam Research Corporation | LRCX | 3.8195% |
| Applied Materials Inc. | AMAT | 3.4379% |
| KLA Corporation | KLAC | 3.0916% |
| GE Vernova Inc. | GEV | 2.8719% |
| Ross Stores Inc. | ROST | 2.4980% |
| Baker Hughes Company (Class A) | BKR | 2.4172% |
| Alphabet Inc. (Class A) | GOOGL | 2.4168% |
| Mueller Industries Inc. | MLI | 2.2382% |
| Monolithic Power Systems Inc. | MPWR | 2.2337% |
| The Bank of New York Mellon Corporation | BK | 2.2271% |
| Top 10 Holdings Weight: | 27.3% |
| Number of Holdings: | 76 |
| Shares Outstanding: | 111,300,002 |
| Total Net Assets: | 3,016,230,000 |
| NAV: | 27.04 |
| Net Expense Ratio: | 0.75% |
| Asset Class: | Equities (Stocks) |
| Developed or Emerging: | Developed Market Funds |
| Country: | US |
| Region: | |
| Strategy: | Covered Call Strategy |
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| Dividend Type: | Dividend - Regular Payors |
| Tax Exempt State: | |
| Maturity Duration: | |
| Market Cap: | Large Cap |
| Credit Quality: | |
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| Leverage Direction/Factor: | |
| Is Currency Hedged: | No |
| US or Ex-US: | Domestic |
