First Trust Advisors L.P. (“FTA”) has announced the declaration of the monthly distribution for the First Trust Enhanced Short Maturity ETF, part of First Trust Exchange-Traded Fund IV.
Key Dates for the Distribution:
- Expected Ex-Dividend Date: September 30, 2024
- Record Date: September 30, 2024
- Payable Date: October 2, 2024
Fund Details:
| Ticker | Exchange | Fund Name | Frequency | Ordinary Income Per Share Amount |
|---|---|---|---|---|
| FTSM | Nasdaq | First Trust Enhanced Short Maturity ETF | Monthly | $0.2470 |
FTA, a federally registered investment advisor, serves as the investment advisor for the Fund. Together with its affiliate, First Trust Portfolios L.P. (“FTP”), a FINRA-registered broker-dealer, FTA provides various investment services. As of August 31, 2024, FTA manages approximately $241 billion in assets across multiple investment vehicles, including unit investment trusts, exchange-traded funds, closed-end funds, mutual funds, and separate managed accounts.
Investors should consider the Fund’s objectives, risks, charges, and expenses before investing. The prospectus for the Fund, containing vital information, can be obtained free of charge by calling 1-800-621-1675 or visiting www.ftportfolios.com. It is essential to read the prospectus carefully before making any investments.
Principal Risk Factors:
Investing in a fund carries risks, including the potential loss of principal. A fund is not a bank deposit and is not insured or guaranteed. There are no assurances that the Fund’s objectives will be achieved. Past performance does not guarantee future results, and the market value of a fund’s investment may fluctuate.
The Fund typically distributes the income it earns, and insufficient income may lead to reduced distributions. Distributions exceeding the Fund’s current and accumulated earnings may be treated as a return of capital. Additionally, funds are susceptible to operational risks, market risks, and various specific risks associated with their investment strategies.
About FTA:
FTA serves as the advisor to the First Trust fund(s) and is affiliated with First Trust Portfolios L.P., which distributes the fund(s). The information provided is not investment advice and is intended for informational purposes only. Financial professionals should independently assess investment risks and suitability for their clients.
