Neutral
Business Wire
3 months ago
First Trust Expands ETF Lineup with Launch of Three New Target Outcome Strategy ETFs
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“First Trust” or “FTA”), a leading provider of exchange-traded funds (“ETFs”) and outcome-based strategies, announced the launch of three new actively managed ETFs this week: FT Vest Growth Strength & Target Income ETF (Nasdaq: FGSI) launched June 26, 2025, and seeks to provide current income that, when annualized, is approximately 8% above the annual dividend yield of the S&P 500® Index1 by investing primarily in U.S. exchange-.