| 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 | 2.4805% |
| Applied Materials Inc. | AMAT | 2.4758% |
| Meta Platforms Inc. (Class A) | META | 2.3989% |
| Micron Technology Inc. | MU | 2.3410% |
| KLA Corporation | KLAC | 2.3040% |
| GE Vernova Inc. | GEV | 2.2475% |
| The Travelers Companies Inc. | TRV | 2.2186% |
| NVIDIA Corporation | NVDA | 2.1998% |
| The Bank of New York Mellon Corporation | BNY | 2.1902% |
| Ross Stores Inc. | ROST | 2.1554% |
| Top 10 Holdings Weight: | 23.0% |
| Number of Holdings: | 75 |
| Shares Outstanding: | 131,900,002 |
| Total Net Assets: | 3,694,519,040 |
| NAV: | 27.99 |
| 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 |
