First Trust Expands ETF Lineup with Launch of Three New Single Stock Target Income ETFs(R)
you are currently viewing:First Trust Expands ETF Lineup with Launch of Three New Single Stock Target Income ETFs(R)August 19, 2026- First Trust Advisors L.P. ("First Trust"), a leading provider of exchange-traded funds ("ETFs") and outcome-based strategies, announced the launch of three new actively managed ETFs, collectively referred to as the "Single Stock Target Income ETFs" or "the funds." These Single Stock Target Income ETFs each seek to provide current income with a secondary objective of providing capital appreciation, through direct and synthetic exposure to a single target company (the "underlying security" collectively, the "underlying securities"). The underlying securities consist of companies that First Trust considers to be "Market Leaders." They are typically among the world's largest companies by market capitalization and are significantly important to a sector, industry, or theme, with strong brand recognition and a history of product innovation. FT Vest TSLA & Target Income ETF (CBOE BZX: XVTS) provides exposure to Tesla Corporation (TSLA) Source: First Trust Advisors L.P. |
August 19, 2026-The national debt surpassed a record $40 trillion on Wednesday, a staggering milestone as defense costs, social programs like Social Security and Medicare and interest on the burgeoning deficit make up an enormous share of federal spending.
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Change Effective on August 19, 2026, Reflects Fund's Longstanding Investment Practices
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