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Business Wire
1 year ago
First Trust Launches the FT Vest Dow Jones Internet & Target Income ETF (FDND)
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, today announced it has launched the FT Vest Dow Jones Internet & Target Income ETF (Cboe: FDND) (the “fund”). The fund is an actively managed ETF that seeks to provide investors with current income that, when annualized, is approximately 8% (before fees and expenses), over the annual dividend yield of the Nasdaq-100® Index.**.