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

FTQI

Market cap $769M

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 Nasdaq BuyWrite Income ETF offers high monthly income with an 11.4% yield, focusing on capital preservation over growth. FTQI consistently underperforms peers like GPIQ and QQQI in total return, despite its longer operating history and similar or higher yields. The fund's option-writing strategy caps upside potential, making FTQI less suitable for investors seeking long-term capital appreciation or AI market growth.

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.

FTQI offers a high 12% yield by writing covered calls on the Nasdaq-100, appealing to income-focused investors seeking equity exposure. The strategy limits upside potential but can outperform during flat or declining markets, making it a useful hedge or income alternative. Investors should be aware of higher fees, tracking error, and tax implications, as well as the capped returns from covered call writing.

First Trust Nasdaq BuyWrite Income ETF offers a 12% yield from short call options on the Nasdaq 100 Index combined with a portfolio of 189 stocks. A major shift in distribution policy in May 2022 boosted yield, but this likely comes at the cost of capital decay. FTQI has lagged competitors such as JEPQ, while its expense ratio remains among the highest.

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.

FTQI offers double-digit yields, but lacks downside protection, suffering significant drawdowns similar to QQQ during market selloffs. BUYW and JEPQ are better alternatives for income investors seeking more diversification and improved total return performance. JEPQ stands out with a 57% three-year total return, outperforming both FTQI and the S&P 500 in the referenced period.

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 fund strategy focuses on using options against constituents of the Nasdaq-100, currently offering a 11.7% dividend yield. The price has remained quite stable over the last decade, but has underperformed peer option ETFs. The distribution policy seems to be recently changed and it's not yet determined if these higher payout amounts will negatively impact the fund's stability.