Market Overview

First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds

Share:

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, 2019

 

Record Date:

August 22, 2019

 

Payable Date:

August 30, 2019

Ticker

Exchange

Fund Name

Frequency

Ordinary

Income

Per Share

Amount

ACTIVELY MANAGED EXCHANGE-TRADED FUNDS

First Trust Exchange-Traded Fund III

FCAL

Nasdaq

First Trust California Municipal High Income ETF

Monthly

$0.1200

FEMB

Nasdaq

First Trust Emerging Markets Local Currency Bond ETF

Monthly

$0.1583

FMB

Nasdaq

First Trust Managed Municipal ETF

Monthly

$0.1125

FMHI

Nasdaq

First Trust Municipal High Income ETF

Monthly

$0.1450

FPE

NYSE Arca

First Trust Preferred Securities and Income ETF

Monthly

$0.0875

FPEI

NYSE Arca

First Trust Institutional Preferred Securities and Income ETF

Monthly

$0.0826

FSMB

NYSE Arca

First Trust Short Duration Managed Municipal ETF

Monthly

$0.0388

FUMB

NYSE Arca

First Trust Ultra Short Duration Municipal ETF

Monthly

$0.0310

 

First Trust Exchange-Traded Fund IV

FCVT

Nasdaq

First Trust SSI Strategic Convertible Securities ETF

Monthly

$0.0400

FDIV

Nasdaq

First Trust Strategic Income ETF

Monthly

$0.1600

FTSL

Nasdaq

First Trust Senior Loan Fund

Monthly

$0.1840

HYLS

Nasdaq

First Trust Tactical High Yield ETF

Monthly

$0.2100

LGOV

NYSE Arca

First Trust Long Duration Opportunities ETF

Monthly

$0.0387

LMBS

Nasdaq

First Trust Low Duration Opportunities ETF

Monthly

$0.1000

 

First Trust Exchange-Traded Fund VI

FTHI

Nasdaq

First Trust BuyWrite Income ETF

Monthly

$0.0800

FTLB

Nasdaq

First Trust Hedged BuyWrite Income ETF

Monthly

$0.0550

 

First Trust Exchange-Traded Fund VIII

FIXD

Nasdaq

First Trust TCW Opportunistic Fixed Income ETF

Monthly

$0.1200

LDSF

Nasdaq

First Trust Low Duration Strategic Focus ETF

Monthly

$0.0500

UCON

NYSE Arca

First Trust TCW Unconstrained Plus Bond ETF

Monthly

$0.0700

 

INDEX EXCHANGE-TRADED FUNDS

 

First Trust Exchange-Traded Fund VI

MDIV

Nasdaq

Multi-Asset Diversified Income Index Fund

Monthly

$0.1200

 

 

 

 

 

FTA is a federally registered investment advisor and serves as the Funds' investment advisor. FTA and its affiliate First Trust Portfolios L.P. ("FTP"), a FINRA registered broker-dealer, are privately-held companies that provide a variety of investment services. FTA has collective assets under management or supervision of approximately $134 billion as of July 31, 2019 through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts. FTA is the supervisor of the First Trust unit investment trusts, while FTP is the sponsor. FTP is also a distributor of mutual fund shares and exchange-traded fund creation units. FTA and FTP are based in Wheaton, Illinois.

You should consider the investment objectives, risks, charges and expenses of a Fund before investing. Prospectuses for the Funds contain this and other important information and are available free of charge by calling toll-free at 1-800-621-1675 or visiting www.ftportfolios.com. A prospectus should be read carefully before investing.

Past performance is no assurance of future results. Investment return and market value of an investment in a Fund will fluctuate. Shares, when sold, may be worth more or less than their original cost.

Principal Risk Factors: A Fund's shares will change in value, and you could lose money by investing in a Fund. An investment in a Fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. There can be no assurance that a Fund's investment objectives will be achieved. An investment in a Fund involves risks similar to those of investing in any portfolio of equity securities traded on exchanges. The risks of investing in each Fund are spelled out in its prospectus, shareholder report, and other regulatory filings.

An Index ETF seeks investment results that correspond generally to the price and yield of an index. You should anticipate that the value of an Index Fund's shares will decline, more or less, in correlation with any decline in the value of the index. An Index Fund's return may not match the return of the index. Unlike a Fund, the indices do not actually hold a portfolio of securities and therefore do not incur the expenses incurred by a Fund.

Investors buying or selling Fund shares on the secondary market may incur customary brokerage commissions. Investors who sell Fund shares may receive less than the share's net asset value. Shares may be sold throughout the day on the exchange through any brokerage account. However, unlike mutual funds, shares may only be redeemed directly from the Fund by authorized participants, in very large creation/redemption units. If the Fund's authorized participants are unable to proceed with creation/redemption orders and no other authorized participant is able to step forward to create or redeem, Fund shares may trade at a discount to the Fund's net asset value and possibly face delisting.

One of the principal risks of investing in a Fund is market risk. Market risk is the risk that a particular security owned by a Fund, Fund shares or securities in general may fall in value.

An actively managed ETF is subject to manageme

View Comments and Join the Discussion!