First
Trust High Income ETF (FTHI) is an exchange-traded fund that seeks to
provide high current income by investing in a diversified portfolio of
high-yield bonds. The fund is managed by First Trust Advisors and is
based in Wheaton, Illinois.
FTHI had a net asset value of
approximately $6.8 million. The fund held 400 bonds, with the largest
allocations in the energy, health care, and communications sectors.
FTHI offers investors exposure to high-yield bonds with the
potential for high current income. The fund provides a diversified
portfolio of bonds, which can help to reduce the risk of defaults and
other credit events.
Like all exchange-traded funds, FTHI is
subject to various risks, including interest rate risk, credit risk,
and market risk. However, FTHI can be a useful tool for investors
seeking exposure to high-yield bonds as part of a diversified
portfolio.
FTHI is traded on the NASDAQ stock exchange under
the ticker symbol FTHI. Investors should carefully consider their
investment objectives, risk tolerance, and other factors before
investing in FTHI or any other exchange-t
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