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First Trust Advisors L.P. Announces Distribution for First Trust Income Opportunities ETF

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First Trust Advisors L.P. (FTA) has declared a monthly distribution for the First Trust Income Opportunities ETF (Ticker: FCEF). The ex-dividend date is June 11, 2024, and the payable date is June 28, 2024, with a distribution amount of $0.1250 per share. FTA, an investment advisor with approximately $226 billion in assets under management as of May 31, 2024, advises the ETF. The announcement highlights associated risks, including market volatility, interest rate changes, geopolitical events, and potential disruptions from cyber security breaches. Investors are advised to review the fund's prospectus for comprehensive risk details. Past performance does not guarantee future results, and investments may fluctuate in value.

Positive
  • Declared monthly distribution of $0.1250 per share for June 2024.
  • First Trust Advisors L.P. manages approximately $226 billion in assets.
  • Distribution date set for June 28, 2024, providing steady income for investors.
Negative
  • Potential market volatility and interest rate risks may impact fund performance.
  • Possible delisting and trading at a discount to net asset value for ETF shares.
  • Exposure to geopolitical risks, including conflicts in Russia, Ukraine, and the Middle East.
  • Cyber security breaches could result in financial loss and reputational damage.
  • ETF shares could fluctuate significantly due to economic conditions, political events, and market developments.

WHEATON, Ill.--(BUSINESS WIRE)-- First Trust Advisors L.P. ("FTA") announces the declaration of the monthly distribution for First Trust Income Opportunities ETF, advised by FTA.

The following dates apply to today's distribution declaration:

Expected Ex-Dividend Date:

June 11, 2024

Record Date:

June 11, 2024

Payable Date:

June 28, 2024

Ticker

Exchange

Fund Name

Frequency

Ordinary
Income
Per Share
Amount

ACTIVELY MANAGED EXCHANGE-TRADED FUNDS

 

First Trust Exchange-Traded Fund VIII

FCEF

Nasdaq

First Trust Income Opportunities ETF

Monthly

$0.1250

 

 

 

 

 

FTA is a federally registered investment advisor and serves as the Fund's investment advisor. FTA and its affiliate First Trust Portfolios L.P. ("FTP"), a FINRA registered broker-dealer, are privately-held companies that provide a variety of investment services. FTA has collective assets under management or supervision of approximately $226 billion as of May 31, 2024 through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts. FTA is the supervisor of the First Trust unit investment trusts, while FTP is the sponsor. FTP is also a distributor of mutual fund shares and exchange-traded fund creation units. FTA and FTP are based in Wheaton, Illinois.

You should consider the investment objectives, risks, charges and expenses of a Fund before investing. Prospectuses for the Funds contain this and other important information and are available free of charge by calling toll-free at 1-800-621-1675 or visiting https://www.ftportfolios.com. A prospectus should be read carefully before investing.

Principal Risk Factors: Risks are inherent in all investing. Certain risks applicable to the fund are identified below. The material risks of investing in the fund are spelled out in its prospectus, statement of additional information and other regulatory filings. The order of the below risk factors does not indicate the significance of any particular risk factor.

Past performance is no assurance of future results. Investment return and market value of an investment in a Fund will fluctuate. Shares, when sold, may be worth more or less than their original cost.

A Fund's shares will change in value, and you could lose money by investing in a Fund. An investment in a Fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. There can be no assurance that a Fund's investment objectives will be achieved. An investment in a Fund involves risks similar to those of investing in any portfolio of equity securities traded on exchanges. The risks of investing in each Fund are spelled out in its prospectus, shareholder report, and other regulatory filings.

All or a portion of a fund's otherwise tax exempt interest dividends may be taxable to those shareholders subject to the federal and state alternative minimum tax.

ETF shares may only be redeemed directly from a fund by authorized participants in very large creation/redemption units. ETF shares may trade at a discount to net asset value and possibly face delisting.

Securities of small- and mid-capitalization companies may experience greater price volatility and be less liquid than larger, more established companies whereas large capitalization companies may grow at a slower rate than the overall market.

A fund that effects all or a portion of its creations and redemptions for cash rather than in-kind may be less tax efficient.

Commodity prices can have a significant volatility and exposure to commodities can cause the value of a fund's shares to decline or fluctuate in a rapid and unpredictable manner.

Current market conditions risk is the risk that a particular investment, or shares of the fund in general, may fall in value due to current market conditions. As a means to fight inflation, the Federal Reserve and certain foreign central banks have raised interest rates and expect to continue to do so, and the Federal Reserve has announced that it intends to reverse previously implemented quantitative easing. Recent and potential future bank failures could result in disruption to the broader banking industry or markets generally and reduce confidence in financial institutions and the economy as a whole, which may also heighten market volatility and reduce liquidity. Ongoing armed conflicts between Russia and Ukraine in Europe and among Israel, Hamas and other militant groups in the Middle East, have caused and could continue to cause significant market disruptions and volatility within the markets in Russia, Europe, the Middle East and the United States. The hostilities and sanctions resulting from those hostilities have and could continue to have a significant impact on certain fund investments as well as fund performance and liquidity. The COVID-19 global pandemic, or any future public health crisis, and the ensuing policies enacted by governments and central banks have caused and may continue to cause significant volatility and uncertainty in global financial markets, negatively impacting global growth prospects.

A fund normally distributes income it earns, so a fund may be required to reduce its distributions if it has insufficient income. Distributions in excess of a Fund's current and accumulated earnings and profits will be treated as a return of capital. There may be other circumstances when all or a portion of a Fund’s distribution is treated as a return of capital, for example, there are times when Fund securities are sold to cover a derivative position that generated all or a portion of the distribution that could lead to a return of capital.

A fund is susceptible to operational risks through breaches in cyber security. Such events could cause a fund to incur regulatory penalties, reputational damage, additional compliance costs associated with corrective measures and/or financial loss.

Certain securities are subject to call, credit, extension, income, inflation, interest rate, prepayment and zero coupon risks. These risks could result in a decline in a security's value and/or income, increased volatility as interest rates rise or fall and have an adverse impact on a fund's performance.

The use of listed and OTC derivatives, including futures, options, swap agreements and forward contracts, can lead to losses because of adverse movements in the price or value of the underlying asset, index or rate, which may be magnified by certain features of the derivatives.

In managing a fund's investment portfolio, the portfolio managers will apply investment techniques and risk analyses that may not have the desired result.

Market risk is the risk that a particular security, or shares of a fund in general may fall in value. Securities are subject to market fluctuations caused by such factors as general economic conditions, political events, regulatory or market developments, changes in interest rates and perceived trends in securities prices. Shares of a fund could decline in value or underperform other investments as a result. In addition, local, regional or global events such as war, acts of terrorism, spread of infectious disease or other public health issues, recessions, natural disasters or other events could have significant negative impact on a fund.

Securities of non-U.S. issuers are subject to additional risks, including currency fluctuations, political risks, withholding, the lack of adequate financial information, and exchange control restrictions impacting non-U.S. issuers. These risks may be heightened for securities of companies located in, or with significant operations in, emerging market countries.

A fund may invest in the shares of other funds, which involves additional expenses that would not be present in a direct investment in the underlying funds. In addition, a fund's investment performance and risks may be related to the investment performance and risks of the underlying funds.

A fund with significant exposure to a single asset class, country, region, industry, or sector may be more affected by an adverse economic or political development than a broadly diversified fund.

First Trust Advisors L.P. (FTA) is the adviser to the First Trust fund(s). FTA is an affiliate of First Trust Portfolios L.P., the distributor of the fund(s).

The information presented is not intended to constitute an investment recommendation for, or advice to, any specific person. By providing this information, First Trust is not undertaking to give advice in any fiduciary capacity within the meaning of ERISA, the Internal Revenue Code or any other regulatory framework. Financial professionals are responsible for evaluating investment risks independently and for exercising independent judgment in determining whether investments are appropriate for their clients.

Press Inquiries, Ryan Issakainen, 630-765-8689

Broker Inquiries, Sales Team, 866-848-9727

Analyst Inquiries, Stan Ueland, 630-517-7633

Source: First Trust Advisors L.P.

FAQ

What is the ex-dividend date for First Trust Income Opportunities ETF (FCEF)?

The ex-dividend date for the First Trust Income Opportunities ETF (FCEF) is June 11, 2024.

When will the distribution for FCEF be paid?

The distribution for the First Trust Income Opportunities ETF (FCEF) will be paid on June 28, 2024.

How much is the monthly distribution for FCEF?

The monthly distribution for the First Trust Income Opportunities ETF (FCEF) is $0.1250 per share.

What are the risks associated with investing in FCEF?

Risks include market volatility, interest rate changes, geopolitical events, cyber security breaches, and potential trading at a discount to net asset value.

How much does First Trust Advisors L.P. manage in assets?

As of May 31, 2024, First Trust Advisors L.P. manages approximately $226 billion in assets.

First Trust Exchange-Traded Fund VIII First Trust Income Opportunities ETF

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