FTHIFirst Trust BuyWrite Income ETF
FTHI Fund Description
FTHI is an actively managed portfolio of US-listed stocks, with an overlay of short calls on the S&P 500.
FTHI Factset Analytics Insight
FTHI is actively-managed to invest in US-listed stocks, overlaid by an options strategy. The fund manager uses a model that emphasizes stocks with higher dividends from the US-listed equity universe, then writes call options with expirations of less than one year, written at-the-money to slightly out-of-the-money against the S&P 500. The options strategy may comprise 20% of the fund and is designed to maximize income for its investors, though it comes at the cost of capital appreciation in a rising market. Realized premiums from the strategy may be distributed to shareholders monthly. The fund appears to be primarily model-driven in its portfolio selection, but the active management wrapper allows the fund manager to take advantage of market anomalies during periods of high volatility. Sibling fund FTLB, holds the same portfolio but uses options to reduce volatility. Effective Oct. 24, 2016, First Trust Dividend and Income Fund (FAV) a close-end fund merged into FTHI.
FTHI MSCI ESG Analytics Insight
First Trust BuyWrite Income ETF has an MSCI ESG Fund Rating of BBB based on a score of 5.30 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. First Trust BuyWrite Income ETF ranks in the 31st percentile within its peer group and in the 15th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
FTHI Summary Data
FTHI Portfolio Data
FTHI Index Data
FTHI Portfolio Management
FTHI Tax Exposures
FTHI Fund Structure
FTHI Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FTHI. FTHI is rated a 5 out of 5.
FTHI Sector/Industry Breakdown
FTHI Top 10 Holdings[View All]
FTHI Economic Development
FTHI Performance Statistics
FTHI MSCI ESG Ratings
FTHI Benchmark Comparison Summary
FTHI Benchmark Comparison Market Cap Size