Name of ETF: First Trust High Income ETF

Ticker Symbol: FTHI

Approximate Number of Stocks in this ETF: 120

Types of Stocks Included in this ETF: Large sized publicly traded companies.        

Strategy Used: The ETF provider will use the covered call option strategy and write covered calls on the S&P 500 index in order to generate additional income.

Individual Company Weight: This ETF is diversified with no one company representing a significant percentage of the ETF.

Related Links:

First Trust Website