| Family: | First Trust |
| Name: | FT Vest SMID Rising Dividend Achievers Target Income ETF |
| Inception Date: | 9-Aug-2023 |
| Termination Date: | |
| Investment Objective: | The FT Vest SMID Rising Dividend Achievers 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 objective by investing primarily in U.S. exchange-traded equity securities contained in the Nasdaq US Small-Mid Cap Rising Dividend Achievers Index and by utilizing an option strategy consisting of writing (selling) U.S. exchange-traded call options on the Russell 2000 Index, or exchange-traded funds that track the Russell 2000 Index. |
| Prospectus | |
| Top 10 Holdings | ||
| National HealthCare Corporation | NHC | 1.2896% |
| First BanCorp. | FBP | 1.0660% |
| Interactive Brokers Group Inc. (Class A) | IBKR | 1.0582% |
| PriceSmart Inc. | PSMT | 1.0456% |
| OFG Bancorp | OFG | 1.0344% |
| Reinsurance Group of America Incorporated | RGA | 1.0305% |
| The Hanover Insurance Group Inc. | THG | 1.0298% |
| Comfort Systems USA Inc. | FIX | 1.0213% |
| Assurant Inc. | AIZ | 1.0174% |
| EnerSys | ENS | 1.0036% |
| Top 10 Holdings Weight: | 10.6% |
| Number of Holdings: | 175 |
| Shares Outstanding: | 40,400,002 |
| Total Net Assets: | 907,384,064 |
| NAV: | 22.45 |
| Net Expense Ratio: | 0.85% |
| 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 |
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| Market Cap: | SMID (Small & Mid) Cap |
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| Is Currency Hedged: | No |
| US or Ex-US: | Domestic |