NasdaqGM - Nasdaq Real Time Price USD

First Trust Nasdaq BuyWrite Income ETF (FTLB)

20.90 +0.03 (+0.13%)
As of May 10 at 3:33 PM EDT. Market Open.

ETF Summary

The fund will pursue its investment objective by investing primarily in equity securities listed on U.S. exchanges and by utilizing an “option strategy” consisting of writing (selling) U.S. exchange-traded call options on the Nasdaq-100 Index. The call options written by the fund will have expirations of less than one year, and will be typically written at-the-money to out-of-the-money.

ETF Overview

Category Options Trading
Fund Family First Trust
Net Assets 13.83M
YTD Daily Total Return -7.80%
Yield 0.37%
Legal Type Exchange Traded Fund

ETF Operations

Attributes FTLB Category Average
Annual Report Expense Ratio (net) 0.85% 0.97%
Holdings Turnover 207.00% 48.50%
Total Net Assets 48,803.79 48,803.79

Morningstar Style Box

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Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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