First Trust Exchange-Traded Fund VI First Trust BuyWrite Income ETF

FTHI

Market cap $2.36B

First Trust BuyWrite Income ETF is downgraded to Hold due to structural limitations in capital appreciation and underperformance versus peers. FTHI offers an attractive 8.7% starting yield with consistent, mostly tax-efficient monthly distributions, appealing to income-focused investors. The fund's heavy reliance on index option writing (70.6% of assets) generates income but significantly limits upside during bull markets and recovery phases.

WHEATON, Ill.--(BUSINESS WIRE)--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 declarations: Expected Ex-Dividend Date: April 21, 2026 Record Date: April 21, 2026 Payable Date: April 30, 2026 Ticker Exchange Fund Name Frequency Ordinary Income Per Share Amount   ACTIVELY MANAGED EXCHANGE-TRADED FUNDS   First Trust Exchange-Traded Fund III FCAL Nasdaq Firs.

First Trust BuyWrite Income ETF earns a "Buy" rating for its active management and strong performance relative to peer strategies. FTHI offers diversified equity exposure across market caps and regions, with sector allocations differing significantly from benchmarks. The fund employs a covered call strategy on the S&P 500 to generate income for the fund, yielding 8.99% over the last twelve months.

WHEATON, Ill.--(BUSINESS WIRE)--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 declarations: Expected Ex-Dividend Date: February 20, 2026 Record Date: February 20, 2026 Payable Date: February 27, 2026 Ticker Exchange Fund Name Frequency Ordinary Income Per Share Amount       ACTIVELY MANAGED EXCHANGE-TRADED FUNDS           First Trust Exchange-Traded Fund.

Ergawealth Advisors, Inc. increased its FTHI holding by 976,948 shares in the fourth quarter; the estimated trade size was $23.10 million based on quarterly average price. Meanwhile, the quarter-end value of the position rose by $22.97 million, reflecting both buying and share price changes.

First Trust BuyWrite Income ETF (FTHI) provides equity exposure to some of the highest quality growth companies in the world. FTHI currently has a starting dividend yield of ~8.6% and issues payouts on a monthly basis. The fund is a great option for retirees due to its ability to preserve capital and provide tax-efficient distributions.

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. ("FTA") announces the declaration of the monthly distributions for certain exchange-traded funds advised by FTA.

First Trust BuyWrite Income ETF offers an 8.6% dividend yield, making it attractive for income-focused investors seeking monthly payouts and tax efficiency. FTHI uses a covered call strategy on the S&P 500, prioritizing income over price appreciation, and has shown resilience during volatile markets. While FTHI underperforms peers like DIVO in long-term total returns, its higher yield and defensive qualities suit retirees and conservative investors.

WHEATON, Ill.--(BUSINESS WIRE)--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 declarations: Expected Ex-Dividend Date: August 21, 2025 Record Date: August 21, 2025 Payable Date: August 29, 2025 Ticker Exchange Fund Name Frequency Ordinary Income Per Share Amount   ACTIVELY MANAGED EXCHANGE-TRADED FUNDS   First Trust Exchange-Traded Fund III FCAL Nasdaq F.

The First Trust BuyWrite Income ETF's dividend-focused stock selection fails to deliver meaningful income enhancements over the S&P 500, limiting its appeal versus alternatives like JEPI. The ETF's option-writing strategy offers limited downside protection and caps upside, with sector allocations and holdings closely mirroring the S&P 500. FTHI's yield is primarily sustained by capital return and option income, not by superior dividend yields, and its NAV growth remains modest.