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About First Trust BuyWrite Income ETF
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Inception date
Jan 6, 2014
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
First Trust Portfolios LP
Distributor
First Trust Portfolios LP
ISIN
US33738R3084
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.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Technology Services
Finance
Stocks97.59%
Electronic Technology23.08%
Technology Services21.19%
Finance15.14%
Retail Trade6.95%
Health Technology6.09%
Consumer Non-Durables4.42%
Utilities2.49%
Consumer Durables2.30%
Producer Manufacturing2.25%
Industrial Services2.13%
Energy Minerals2.06%
Process Industries1.65%
Transportation1.47%
Non-Energy Minerals1.30%
Communications1.24%
Health Services1.09%
Consumer Services0.77%
Commercial Services0.71%
Distribution Services0.51%
Bonds, Cash & Other2.41%
Cash3.21%
Rights & Warrants−0.80%
Stock breakdown by region
North America91.44%
Europe6.95%
Asia0.70%
Latin America0.28%
Middle East0.24%
Africa0.20%
Oceania0.18%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FTHI invests in stocks. The fund's major sectors are Electronic Technology, with 23.26% stocks, and Technology Services, with 21.36% of the basket. The assets are mostly located in the North America region.
FTHI top holdings are NVIDIA Corporation and Microsoft Corporation, occupying 6.72% and 6.66% of the portfolio correspondingly.
FTHI last dividends amounted to 0.17 USD. The month before, the issuer paid 0.17 USD in dividends,
FTHI assets under management is 1.62 B USD. It's risen 8.28% over the last month.
FTHI fund flows account for 663.27 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, FTHI pays dividends to its holders with the dividend yield of 8.58%. The last dividend (Sep 30, 2025) amounted to 0.17 USD. The dividends are paid monthly.
FTHI shares are issued by AJM Ventures LLC under the brand First Trust. The ETF was launched on Jan 6, 2014, and its management style is Active.
FTHI expense ratio is 0.76% meaning you'd have to pay 0.76% of your investment to help manage the fund.
FTHI follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FTHI invests in stocks.
FTHI price has risen by 1.29% over the last month, and its yearly performance shows a 2.74% increase. See more dynamics on FTHI price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.47% over the last month, showed a 6.11% increase in three-month performance and has increased by 12.72% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.47% over the last month, showed a 6.11% increase in three-month performance and has increased by 12.72% in a year.
FTHI trades at a premium (0.08%) meaning the ETF is trading at a higher price than the calculated NAV.