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

FTHI

Market cap $1.58B

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.

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: July 22, 2025 Record Date: July 22, 2025 Payable Date: July 31, 2025 Ticker   Exchange   Fund Name   Frequency   Ordinary Income Per Share Amount     ACTIVELY MANAGED EXCHANGE-TRADED FUNDS     First Trust Exchange-Traded Fund III   FCAL.

First Trust today announced the launch of the actively managed First Trust Balanced Income ETF (FTBI) on the NYSE Arca. FTBI aims to deliver a steady stream of income that closely matches the performance of the Bloomberg Moderate Allocation Income Focus Index.

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.

FTHI is a high-quality, diversified option ETF with a strong track record, offering a 9.2% yield and monthly distributions—ideal for income-focused investors. The fund's strategy of writing out-of-the-money options on S&P 500 stocks generates reliable income while preserving capital, though it caps upside in bull markets. FTHI underperforms traditional index ETFs during strong market growth, but could outperform if market returns slow, making it attractive in lower-growth environments.

First Trust BuyWrite Income ETF holds 166 stocks and 9 short positions in call options, aiming to enhance distributions. FTHI meets its primary objective of providing income with a yield close to 9%, but price history points to a decay in inflation-adjusted value. Among popular buy-write ETFs, DIVO looks more compelling than FTHI, with a better balance between income and preservation of capital.

FTHI leverages a buy-write strategy on the S&P 500, offering a 9% distribution yield but capping upside potential. FTHI's strategy involves selling call options, generating monthly income but limiting growth, making it suitable for income-focused investors rather than those seeking capital appreciation. The fund underperformed the S&P 500 over the past decade, highlighting the trade-off between steady income and limited growth in a strong bull market.

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.