First Trust Exchange-Traded Fund VIII FT Energy Income Partners Enhanced Income ETFFirst Trust Exchange-Traded Fund VIII FT Energy Income Partners Enhanced Income ETFFirst Trust Exchange-Traded Fund VIII FT Energy Income Partners Enhanced Income ETF

First Trust Exchange-Traded Fund VIII FT Energy Income Partners Enhanced Income ETF

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Key stats


Assets under management (AUM)
‪939.14 M‬USD
Fund flows (1Y)
‪−378.01 M‬USD
Dividend yield (indicated)
7.56%
Discount/Premium to NAV
−0.2%
Shares outstanding
‪47.24 M‬
Expense ratio
1.10%

About First Trust Exchange-Traded Fund VIII FT Energy Income Partners Enhanced Income ETF


Issuer
AJM Ventures LLC
Brand
First Trust
Inception date
May 6, 2024
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Management style
Active
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
Primary advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
EIPI aims to provide a balanced mix of income and growth for shareholders by focusing on pure-play companies within the global energy sector. It includes firms engaged in the exploration, production, transportation, and distribution of energy sources like natural gas, crude oil, and renewable energy. The fund may also hold MLPs and MLP affiliates. The adviser aims to capitalize on the sectors dynamic nature, focusing on the influence of technological advancements and government policies. Stocks are chosen based on yield, growth potential, and valuation, including stable cash flows, sustainable dividend payout ratios, increasing per-share earnings, and positive changes in value resulting from business restructuring or government policies. To boost income, the fund utilizes single stock covered call writing, along with naked call writing on energy indexes and ETFs. EIPI launched with $1 billion in assets through the conversion of four closed-end funds that were consolidated.

Classification


Asset Class
Equity
Category
Sector
Focus
Energy
Niche
Broad-based
Strategy
Active
Geography
Global
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of January 28, 2025
Exposure type
StocksBonds, Cash & Other
Industrial Services
Utilities
Energy Minerals
Stocks99.69%
Industrial Services44.87%
Utilities32.61%
Energy Minerals16.92%
Distribution Services2.19%
Producer Manufacturing1.11%
Process Industries1.03%
Miscellaneous0.47%
Bonds, Cash & Other0.31%
Mutual fund0.82%
Cash0.00%
Rights & Warrants−0.51%
Stock breakdown by region
100%
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows