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Low Beta Income ETF FT (FTLB)

Low Beta Income ETF FT (FTLB)

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Overview

Name First Trust Low Beta Income ETF
Fund Family First Trust Portfolios
Underlying Index S&P 500 Index
Inception Date 01/09/14
First Trade Date 01/07/14
Leverage Long
Asset Class Equity

Description:

The First Trust Low Beta Income ETF seeks to provide current income. The Fund will pursue its objective by investing in equity securities listed on U.S. exchanges of all market capitalizations and by utilizing an option strategy consisting of buying U.S. exchange-traded put options on the SP 500 Index (the Index) and writing (selling) U.S. exchange-traded covered call options on the Index. Under normal market conditions, the Fund invests primarily in equity securities listed on U.S. exchanges of all market capitalizations. The Fund will also employ an option strategy in which it will write U.S. exchange-traded covered call options on the Index in order to seek additional cash flow in the form of premiums on the options. A premium is the income received by an investor who sells an option contract to another party. These premiums may be distributed to shareholders on a monthly basis or used to purchase U.S. exchange-traded put options on the Index that seek to provide the Fund with downside protection and which are expected to reduce the Fund's price sensitivity to declining markets. The market value of the option strategy may be up to 20% of the Funds overall net asset value.

Investment Information

Alpha -2.85
60-Month Beta 0.64
Standard Deviation +0.29
Shares Outstanding, K 350.00
Managed Assets, $K 7,743.80 K
Net Asset Value 22.13
First Trade Price 20.05
P/E Ratio 17.49
Management Fee 0.85%
Options No
Latest Dividend 0.055
Last Dividend Date 09/25/19
Annual Dividend 0.66
Annual Dividend Yield 2.98%
1-Year Return 0.14%
3-Year Return 10.52%
5-Year Return 12.03%
Management Expense Ratio 0.85%

FTLB Dividends

Date Value
09/25/19 $0.0550
08/21/19 $0.0550
07/23/19 $0.0550
06/14/19 $0.0550
05/21/19 $0.0550
04/23/19 $0.0550
03/21/19 $0.0550
02/21/19 $0.0550
01/23/19 $0.0550
12/18/18 $0.0550
11/21/18 $0.0550
10/23/18 $0.0550
09/14/18 $0.0550
08/21/18 $0.0550
07/20/18 $0.0550
06/21/18 $0.0550
05/22/18 $0.0550
04/20/18 $0.0550
03/22/18 $0.0550
02/21/18 $0.0550
01/23/18 $0.0550
12/21/17 $0.0550
11/21/17 $0.0520
10/20/17 $0.0520
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