The fund primarily seeks to generate current income, while also pursuing capital appreciation as a secondary objective. It achieves this by investing in a diverse portfolio of U.S.-listed equity securities, spanning companies of all market capitalizations. This core holding is supplemented by an options strategy involving the sale (writing) of U.S. exchange-traded covered call options on the Standard & Poor's 500 Index. The purpose of this options strategy is to generate additional cash flow through the receipt of premiums. These premiums, defined as the income earned by selling an option contract, may be distributed to shareholders each month. The allocation to this options strategy is capped at 20% of the fund's total net asset value.

فئة الأصول

Equity Income

الجهة المصدرة

First Trust

موطن التسجيل

US

تاريخ التأسيس

6 يناير 2014

عدد الحيازات

186

ISIN

US33738R3084