Become A Wiser, More Profitable Investor

First Trust Launches XISE, the First U.S. Buffer ETF Designed to Provide a Level of Income - Yahoo Finance

WHEATON, Ill., September 18, 2023--(BUSINESS WIRE)--First Trust Advisors L.P. ("First Trust" or "FTA"), a leading provider of exchange-traded funds ("ETFs") and outcome-based strategies, today announced it has launched the FT Cboe Vest U.S. Equity Buffer & Premium Income ETF (Cboe: XISE). The fund is an actively managed ETF that seeks to provide investors with a consistent level of income that, when annualized, is approximately 8.19% (before fees and expenses), while providing a buffer against the first 10% of the SPDR® S&P 500® ETF Trust ("SPY") losses ("outcomes") over the one-year Target Outcome Period.

Yahoo     Sep 18, 2023