FT Vest Gold Strategy Target Income ETF

IGLD

Market cap $328M

FT Vest Gold Strategy Target Income ETF offers a rare blend of high yield (~15.3%) and gold exposure for income-focused investors. IGLD's yield surpasses popular covered call ETFs like JEPI and QQQI, making it an attractive addition to income-seeking portfolios. Traditional high-yield sectors — MLPs, BDCs, REITs — carry risks, while bonds and gold alone lack sufficient yield or inflation protection.

Investing in gold is a defensive strategy, and one that has been working out incredibly well as the price has been surging. However, gold provides no income on its own, making it an unappealing choice for most income-focused investors. That said, one can still gain gold exposure and generate some cash flow through utilizing options writing strategies.

IGLD offers indirect gold exposure via an options strategy, delivering a high 16.58% yield with monthly distributions, appealing to income-focused investors. The ETF's synthetic covered call approach can outperform GLD in flat or declining gold markets, but limits upside during strong gold rallies. Risks include significant downside from short puts, liquidity concerns, and limited track record in adverse gold markets due to recent inception.

Imagine stocks and funds paying you dividends monthly! Your angst awaiting dividend payout is reduced 300%, or more, compared to quarterly, semi-annual, or (ugh) annual doles! September U.S. exchange-traded-monthly-paid (MoPay) dividends, upsides, and net-gains include: 1. Stocks-by-yield (77); 2. Stocks-by price-upside (30); 3. Closed-End-Investments, Exchange-Traded-Funds & Notes (CEICs/ETFs/ETNs) by-yield >10% (80); 4. ‘Safer' Ideal-Dividend-Equities by Cash Flow Margins (31). Items: 1. Top MoPay stock gains; 2. Overall best MoPay gainers; 3. Funds vs. Equities; 4. Fund risks/rewards. 5. Safer Equity Rankings All per prices as of 8/29/25.

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: September 2, 2025 Record Date: September 2, 2025 Payable Date: September 3, 2025 Ticker Exchange Fund Name Frequency Ordinary Income Per Share Amount   ACTIVELY MANAGED EXCHANGE-TRADED FUNDS   First Trust Exchange-Traded Fund DFII NYSE A.

IGLD's income strategy relies on short-term treasuries, gold exposure via options, and covered calls, but struggles to capture upside in gold rallies. Drawdown mitigation is decent, but the outperformance in flat or bearish markets doesn't compensate for missed gains during bull runs. Yield appears attractive but is skewed by one-off payouts; IGLD's NAV-preserving approach is better for long-term investors than chasing unreliable high yields.

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.

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.

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.

IGLD offers a unique blend of gold exposure, income from T-Bills, and volatility premiums, ideal for uncertain macro and geopolitical environments. Rising global liquidity, central bank gold accumulation, and recent volatility spikes support gold's upside and the ETF's income strategy. A weaker dollar and ongoing trade tensions further enhance gold's safe-haven appeal, benefiting IGLD's performance and income potential.