First Trust Nasdaq BuyWrite Income ETF (FTQI) — ()

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FTQI: Tax-Efficient Monthly Income But Not A Good Long-Term Choice

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Sentiment: Positive ()

First Trust Nasdaq BuyWrite Income ETF is rated a hold due to capped upside and vulnerability in prolonged downturns. FTQI delivers an attractive 11.3% yield with consistent monthly distributions, appealing …

image for news FTQI: Tax-Efficient Monthly Income But Not A Good Long-Term Choice

FTQI: An Appealing Hedge For The Nasdaq-100 Index

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Sentiment: Positive ()

FTQI offers a high 12% yield by writing covered calls on the Nasdaq-100, appealing to income-focused investors seeking equity exposure. The strategy limits upside potential but can outperform during flat …

image for news FTQI: An Appealing Hedge For The Nasdaq-100 Index

First Trust Adds New Income Generating ETF

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Sentiment: Positive ()

First Trust today announced the launch of the actively managed First Trust Balanced Income ETF (FTBI) on the NYSE Arca. FTBI aims to deliver a steady stream of income that …

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FTQI: Hit By The Big Drawdown, Better Alternatives Exist

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Sentiment: Negative ()

FTQI offers double-digit yields, but lacks downside protection, suffering significant drawdowns similar to QQQ during market selloffs. BUYW and JEPQ are better alternatives for income investors seeking more diversification and …

image for news FTQI: Hit By The Big Drawdown, Better Alternatives Exist

About First Trust Nasdaq BuyWrite Income ETF FTQI

The Fund's investment objective is to provide current income. The Fund will pursue its investment objective 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 covered call options on the Nasdaq-100 Index. The Fund will employ an option strategy in which it will write U.S. exchange-traded covered call options on the Nasdaq-100 Index in order to seek additional cash flow in the form of premiums on the options. A premium is the income received by an investor who sells an option contract to another party and may be distributed to shareholders on a monthly basis.