First Trust Advisors L.P. ("FTA") announces the declaration of
the monthly distributions for certain exchange-traded funds advised
by FTA.
The following dates apply to today's
distribution declaration:
Expected Ex-Dividend Date:
May 21, 2024
Record Date:
May 22, 2024
Payable Date:
May 31, 2024
Ticker
Exchange
Fund Name
Frequency
Ordinary
Income Per Share Amount
ACTIVELY MANAGED EXCHANGE-TRADED
FUNDS
First Trust Exchange-Traded Fund
III
FCAL
Nasdaq
First Trust California Municipal High
Income ETF
Monthly
$0.1210
FEMB
Nasdaq
First Trust Emerging Markets Local
Currency Bond ETF
Monthly
$0.1325
FMB
Nasdaq
First Trust Managed Municipal ETF
Monthly
$0.1350
FMHI
Nasdaq
First Trust Municipal High Income ETF
Monthly
$0.1590
FMNY
NYSE Arca
First Trust New York Municipal High Income
ETF
Monthly
$0.0800
FPE
NYSE Arca
First Trust Preferred Securities and
Income ETF
Monthly
$0.0870
FPEI
NYSE Arca
First Trust Institutional Preferred
Securities and Income ETF
Monthly
$0.0888
FSMB
NYSE Arca
First Trust Short Duration Managed
Municipal ETF
Monthly
$0.0470
FUMB
NYSE Arca
First Trust Ultra Short Duration Municipal
ETF
Monthly
$0.0470
First Trust Exchange-Traded Fund
IV
CAAA
NYSE Arca
First Trust Commercial Mortgage
Opportunities ETF
Monthly
$0.0800
DOGG
Cboe BZX
FT Vest DJIA® Dogs 10 Target Income
ETF
Monthly
$0.1600
FCVT
Nasdaq
First Trust SSI Strategic Convertible
Securities ETF
Monthly
$0.0400
FDND
Cboe BZX
FT Vest Dow Jones Internet & Target
Income ETF
Monthly
$0.1370
FIIG
NYSE Arca
First Trust Intermediate Duration
Investment Grade Corporate ETF
Monthly
$0.0750
FSIG
NYSE Arca
First Trust Limited Duration Investment
Grade Corporate ETF
Monthly
$0.0725
FTCB
NYSE Arca
First Trust Core Investment Grade ETF
Monthly
$0.0775
FTSL
Nasdaq
First Trust Senior Loan Fund
Monthly
$0.2925
HISF
Nasdaq
First Trust High Income Strategic Focus
ETF
Monthly
$0.1676
HYLS
Nasdaq
First Trust Tactical High Yield ETF
Monthly
$0.2175
LGOV
NYSE Arca
First Trust Long Duration Opportunities
ETF
Monthly
$0.0700
LMBS
Nasdaq
First Trust Low Duration Opportunities
ETF
Monthly
$0.1750
MGOV
NYSE Arca
First Trust Intermediate Government
Opportunities ETF
Monthly
$0.0825
RDVI
Cboe BZX
FT Vest Rising Dividend Achievers Target
Income ETF
Monthly
$0.1740
SCIO
NYSE Arca
First Trust Structured Credit Income
Opportunities ETF
Monthly
$0.1000
SDVD
Cboe BZX
FT Vest SMID Rising Dividend Achievers
Target Income ETF
Monthly
$0.1557
TDVI
Cboe BZX
FT Vest Technology Dividend Target Income
ETF
Monthly
$0.1575
First Trust Exchange-Traded Fund
VI
FTHI
Nasdaq
First Trust BuyWrite Income ETF
Monthly
$0.1680
FTQI
Nasdaq
First Trust Nasdaq BuyWrite Income ETF
Monthly
$0.2040
First Trust Exchange-Traded Fund
VIII
DEED
NYSE Arca
First Trust TCW Securitized Plus ETF
Monthly
$0.1000
EFIX
NYSE Arca
First Trust TCW Emerging Markets Debt
ETF
Monthly
$0.0880
FIXD
Nasdaq
First Trust TCW Opportunistic Fixed Income
ETF
Monthly
$0.1550
LDSF
Nasdaq
First Trust Low Duration Strategic Focus
ETF
Monthly
$0.0655
MFLX
Nasdaq
First Trust Flexible Municipal High Income
ETF
Monthly
$0.0510
UCON
NYSE Arca
First Trust TCW Unconstrained Plus Bond
ETF
Monthly
$0.1000
INDEX EXCHANGE-TRADED FUNDS
First Trust Exchange-Traded Fund
IV
KNG
Cboe BZX
FT Vest S&P 500® Dividend Aristocrats
Target Income ETF®
Monthly
$0.3829
First Trust Exchange-Traded Fund
VI
MDIV
Nasdaq
Multi-Asset Diversified Income Index
Fund
Monthly
$0.0904
FTA is a federally registered investment advisor and serves as
the Fund's investment advisor. FTA and its affiliate First Trust
Portfolios L.P. ("FTP"), a FINRA registered broker-dealer, are
privately-held companies that provide a variety of investment
services. FTA has collective assets under management or supervision
of approximately $218 billion as of April 30, 2024 through unit
investment trusts, exchange-traded funds, closed-end funds, mutual
funds and separate managed accounts. FTA is the supervisor of the
First Trust unit investment trusts, while FTP is the sponsor. FTP
is also a distributor of mutual fund shares and exchange-traded
fund creation units. FTA and FTP are based in Wheaton,
Illinois.
You should consider the investment objectives, risks, charges
and expenses of a Fund before investing. Prospectuses for the Funds
contain this and other important information and are available free
of charge by calling toll-free at 1-800-621-1675 or visiting
https://www.ftportfolios.com. A prospectus should be read
carefully before investing.
Principal Risk Factors: You could lose money by investing in
a fund. An investment in a fund is not a deposit of a bank and is
not insured or guaranteed. There can be no assurance that a fund's
objective(s) will be achieved. Investors buying or selling shares
on the secondary market may incur customary brokerage commissions.
Please refer to each fund's prospectus and Statement of Additional
Information for additional details on a fund's risks. The order of
the below risk factors does not indicate the significance of any
particular risk factor.
Past performance is no assurance of future results. Investment
return and market value of an investment in a Fund will fluctuate.
Shares, when sold, may be worth more or less than their original
cost.
A Fund's shares will change in value, and you could lose money
by investing in a Fund. An investment in a Fund is not a deposit of
a bank and is not insured or guaranteed by the Federal Deposit
Insurance Corporation or any other governmental agency. There can
be no assurance that a Fund's investment objectives will be
achieved. An investment in a Fund involves risks similar to those
of investing in any portfolio of equity securities traded on
exchanges. The risks of investing in each Fund are spelled out in
its prospectus, shareholder report, and other regulatory
filings.
ETF shares may only be redeemed directly from a fund by
authorized participants in very large creation/redemption units.
ETF shares may trade at a discount to net asset value and possibly
face delisting.
All or a portion of a fund's otherwise tax exempt interest
dividends may be taxable to those shareholders subject to the
federal and state alternative minimum tax.
Securities of small- and mid-capitalization companies may
experience greater price volatility and be less liquid than larger,
more established companies whereas large capitalization companies
may grow at a slower rate than the overall market.
A fund that effects all or a portion of its creations and
redemptions for cash rather than in-kind may be less tax
efficient.
Current market conditions risk is the risk that a particular
investment, or shares of the fund in general, may fall in value due
to current market conditions. As a means to fight inflation, the
Federal Reserve and certain foreign central banks have raised
interest rates and expect to continue to do so, and the Federal
Reserve has announced that it intends to reverse previously
implemented quantitative easing. Recent and potential future bank
failures could result in disruption to the broader banking industry
or markets generally and reduce confidence in financial
institutions and the economy as a whole, which may also heighten
market volatility and reduce liquidity. Ongoing armed conflicts
between Russia and Ukraine in Europe and among Israel, Hamas and
other militant groups in the Middle East, have caused and could
continue to cause significant market disruptions and volatility
within the markets in Russia, Europe, the Middle East and the
United States. The hostilities and sanctions resulting from those
hostilities have and could continue to have a significant impact on
certain fund investments as well as fund performance and liquidity.
The COVID-19 global pandemic, or any future public health crisis,
and the ensuing policies enacted by governments and central banks
have caused and may continue to cause significant volatility and
uncertainty in global financial markets, negatively impacting
global growth prospects.
A fund is susceptible to operational risks through breaches in
cyber security. Such events could cause a fund to incur regulatory
penalties, reputational damage, additional compliance costs
associated with corrective measures and/or financial loss.
Trading FLEX Options involves risks different than, and possibly
greater than, investing directly in securities. A Target Outcome
fund may experience substantial downside for FLEX Option positions
and certain FLEX Option positions may expire worthless. There can
be no guarantee that a liquid secondary market will exist for the
FLEX Options and the FLEX Options may be less liquid than
exchange-traded options.
A fund's return may not match the return of its underlying
index. A fund invests in securities included in the index
regardless of investment merit and the securities held by a fund
will generally not be bought or sold in response to market
fluctuations.
In managing a fund's investment portfolio, the portfolio
managers will apply investment techniques and risk analyses that
may not have the desired result.
Market risk is the risk that a particular security, or shares of
a fund in general may fall in value. Securities are subject to
market fluctuations caused by such factors as general economic
conditions, political events, regulatory or market developments,
changes in interest rates and perceived trends in securities
prices. Shares of a fund could decline in value or underperform
other investments as a result. In addition, local, regional or
global events such as war, acts of terrorism, spread of infectious
disease or other public health issues, recessions, natural
disasters or other events could have significant negative impact on
a fund.
A fund normally distributes income it earns, so a fund may be
required to reduce its distributions if it has insufficient income.
Distributions in excess of a Fund's current and accumulated
earnings and profits will be treated as a return of capital. There
may be other circumstances when all or a portion of a Fund’s
distribution is treated as a return of capital, for example, there
are times when Fund securities are sold to cover a derivative
position that generated all or a portion of the distribution that
could lead to a return of capital.
A fund classified as "non-diversified" may invest a relatively
high percentage of its assets in a limited number of issuers. As a
result, a fund may be more susceptible to a single adverse economic
or regulatory occurrence affecting one or more of these issuers,
experience increased volatility and be highly concentrated in
certain issuers.
A fund and a fund's advisor may seek to reduce various
operational risks through controls and procedures, but it is not
possible to completely protect against such risks. A fund also
relies on third parties for a range of services, including custody,
and any delay or failure related to those services may affect a
fund's ability to achieve its objectives.
A fund with significant exposure to a single asset class,
country, region, industry, or sector may be more affected by an
adverse economic or political development than a broadly
diversified fund.
Certain funds have characteristics unlike many other traditional
investment products and may not be appropriate for all
investors.
Certain securities are subject to call, credit, extension,
income, inflation, interest rate, prepayment and zero coupon risks.
These risks could result in a decline in a security's value and/or
income, increased volatility as interest rates rise or fall and
have an adverse impact on a fund's performance.
The use of listed and OTC derivatives, including futures,
options, swap agreements and forward contracts, can lead to losses
because of adverse movements in the price or value of the
underlying asset, index or rate, which may be magnified by certain
features of the derivatives.
Securities of non-U.S. issuers are subject to additional risks,
including currency fluctuations, political risks, withholding, the
lack of adequate financial information, and exchange control
restrictions impacting non-U.S. issuers. These risk may be
heightened for securities of companies located in, or with
significant operations in, emerging market countries.
A fund may invest in the shares of other funds, which involves
additional expenses that would not be present in a direct
investment in the underlying funds. In addition, a fund's
investment performance and risks may be related to the investment
performance and risks of the underlying funds.
Nasdaq® and Nasdaq US Multi-Asset Diversified Income™ Index,
Nasdaq Composite Index ("the Nasdaq Indexes") are registered
trademarks and service marks of Nasdaq, Inc. (together with its
affiliates hereinafter referred to as the "Corporations") and are
licensed for use by First Trust. The funds have not been passed on
by the Corporations as to their legality or suitability. The funds
are not issued, endorsed, sold or promoted by the Corporations. THE
CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT
TO THE FUNDS.
The Target Outcome registered trademarks are registered
trademarks of Vest Financial LLC.
S&P® is a registered trademark of Standard & Poor's
Financial Services LLC ("S&P"), a division of S&P Global;
Cboe® is a registered trademark of Cboe. The Index, S&P, and
Cboe trademarks have been licensed for use by the Sub- Advisor, and
in turn, sub-licensed by the Advisor, including for use by the
fund. The fund is not sponsored, endorsed, sold, or promoted by
Cboe and/or its affiliates (the "Cboe Group"), or S&P and/or
its affiliates (together, the "S&P Group"). Neither the Cboe
Group nor the S&P Group make any representation regarding the
advisability of investing in the fund and shall have no liability
whatsoever in connection with the fund.
Nasdaq® and Nasdaq US Rising Dividend Achievers™ Index, Nasdaq
Technology Dividend Index™, Nasdaq US Small Mid Cap Rising Dividend
Achievers™ Index ("the Nasdaq Indexes") are registered trademarks
and service marks of Nasdaq, Inc. (together with its affiliates
hereinafter referred to as the "Corporations") and are licensed for
use by First Trust. The funds have not been passed on by the
Corporations as to their legality or suitability. The funds are not
issued, endorsed, sold or promoted by the Corporations. THE
CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT
TO THE FUNDS.
The "Dow Jones Industrial Average", "Dow Jones Internet
Composite Index℠" (the "indexes") are products of S&P Dow Jones
Indices LLC ("SPDJI"), and has been licensed for use by First Trust
Advisors L.P. S&P® is a registered trademark of Standard &
Poor's Financial Services LLC ("S&P"); "Dow Jones®" and "DJIA"
are trademarks of Dow Jones Trademark Holdings LLC ("Dow Jones");
and these trademarks have been licensed for use by SPDJI and
sublicensed for certain purposes by First Trust Advisors L.P. The
funds are not sponsored, endorsed, sold or promoted by SPDJI, Dow
Jones, S&P, their respective affiliates, and none of such
parties make any representation regarding the advisability of
investing in such product(s) nor do they have any liability for any
errors, omissions, or interruptions of the indexes.
First Trust Advisors L.P. (FTA) is the adviser to the First
Trust fund(s). FTA is an affiliate of First Trust Portfolios L.P.,
the distributor of the fund(s).
The information presented is not intended to constitute an
investment recommendation for, or advice to, any specific person.
By providing this information, First Trust is not undertaking to
give advice in any fiduciary capacity within the meaning of ERISA,
the Internal Revenue Code or any other regulatory framework.
Financial professionals are responsible for evaluating investment
risks independently and for exercising independent judgment in
determining whether investments are appropriate for their
clients.
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