ETF Selected - First Trust BuyWrite Income ETF

Company & ETF Information



ETF Key Data

Company NameFirst Trust
ETF NameFirst Trust BuyWrite Income ETF
CountryUSA
Asset ClassEquity
Market SegmentDeveloped
CurrencyUSD
ISINUS33738R3084
ETF Category - SpecificDerivative Income
Underlying Index Name
Morningstar Ratio
Morningstar Sustainability Ratio
Inception Date01/05/2014
Total Expense Ratio0.75%

ETF Description

Under normal market conditions, the fund will pursue its investment objectives 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 Standard & Poor"s 500® Index. The fund will employ an option strategy in which it will write U.S. exchange-traded call options on the S&P 500 Index in order to seek additional cash flow in the form of premiums on the options that may be distributed to shareholders on a monthly basis.