Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Rating
Sector Rating
Recommendation *
Avoid
Neutral
Fair
Quality
Rating Breakdown
Avg.
Relative Strength
The relative strength of a dividend stock indicates whether the stock is uptrending or not. The major determining factor in this rating is whether the stock is trading close to its 52-week-high.
Overall Yield Attractiveness
If a stock’s yield is above or near the market average then it will be rated higher within this parameter. High dividend yields (usually over 10%) should be considered extremely risky, while low dividend yields (1% or less) are simply not very beneficial to long-term investors.
Dividend Reliability
A stock’s dividend reliability is determined by a healthy payout ratio that is higher than other stocks. A company that pays out close to half its earnings as dividends and retains the other half of earnings has ample room to grow its business and pay out more dividends in the future.
Dividend Uptrend
A stock’s Dividend Uptrend rating is dependent on the company’s price-to-earnings (P/E) ratio to evaluate whether or not a stock’s dividend is likely to trend upward. If a stock is valued near, or slightly below the market average, research has shown that the market expects the stock’s dividend to increase.
Earnings Growth
A stock’s Earnings Growth rating evaluates a company’s expected EPS for the current financial year and compares it to next financial year’s expected EPS. Stocks with single-digit growth estimates will have a higher rating than others, as our research has shown that well-established dividend-paying companies have modest earnings growth estimates.
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First Trust Hedged BuyWrite Income ETF
Active ETF
FTLB
Dividend policy
Active
Price as of:
$21.1
-0.26
-1.22%
primary theme
N/A
FTLB (ETF)
First Trust Hedged BuyWrite Income ETF
Dividend policy
Active
Price as of:
$21.1
-0.26
-1.22%
primary theme
N/A
FTLB (ETF)
First Trust Hedged BuyWrite Income ETF
Dividend policy
Active
Price as of:
$21.1
-0.26
-1.22%
primary theme
N/A
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
Vitals
YTD Return
4.5%
1 yr return
11.9%
3 Yr Avg Return
2.1%
5 Yr Avg Return
3.6%
Net Assets
$9.58 M
Holdings in Top 10
26.3%
52 WEEK LOW AND HIGH
$21.4
$19.88
$22.28
Expenses
OPERATING FEES
Expense Ratio 0.85%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 207.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Investment Style
Options Trading
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
FTLB - Profile
Distributions
- YTD Total Return 4.5%
- 3 Yr Annualized Total Return 2.1%
- 5 Yr Annualized Total Return 3.6%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 0.96%
- Dividend Yield 3.1%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameFirst Trust Hedged BuyWrite Income ETF
-
Fund Family NameFirst Trust
-
Inception DateJan 06, 2014
-
Shares Outstanding450002
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJohn Gambla
Fund Description
The fund will pursue its objective by investing primarily in equity securities listed on U.S. exchanges and by utilizing an "option strategy" consisting of buying U.S. exchange-traded put options on the Standard & Poor's 500® Index (the "index") and writing (selling) U.S. exchange-traded covered call options on the index. The call options written by the fund will be a laddered portfolio of call options with expirations of less than one year, written at-the-money to slightly out-of-the-money. The fund is non-diversified.
FTLB - Performance
Return Ranking - Trailing
| Period | FTLB Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 4.5% | -2.8% | 240.8% | 45.45% |
| 1 Yr | 11.9% | -4.3% | 140.6% | 92.17% |
| 3 Yr | 2.1%* | -8.3% | 18.3% | 89.74% |
| 5 Yr | 3.6%* | -5.0% | 17.3% | 85.59% |
| 10 Yr | N/A* | -4.6% | 13.2% | N/A |
* Annualized
Return Ranking - Calendar
| Period | FTLB Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | -9.6% | -34.1% | 904.0% | 94.14% |
| 2019 | 10.6% | -28.6% | 438.4% | 54.34% |
| 2018 | -12.4% | -93.5% | 8.2% | 68.28% |
| 2017 | 9.2% | -38.9% | 19.8% | 33.33% |
| 2016 | 6.9% | -10.9% | 12.8% | 11.65% |
Total Return Ranking - Trailing
| Period | FTLB Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 4.5% | -2.7% | 244.0% | 54.55% |
| 1 Yr | 11.9% | -4.3% | 140.6% | 90.87% |
| 3 Yr | 2.1%* | -8.3% | 18.3% | 89.10% |
| 5 Yr | 3.6%* | -5.4% | 17.3% | 84.75% |
| 10 Yr | N/A* | -4.6% | 13.2% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | FTLB Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | -9.6% | -34.1% | 904.0% | 94.14% |
| 2019 | 10.6% | -5.9% | 438.4% | 54.91% |
| 2018 | -12.4% | -81.2% | 8.2% | 78.62% |
| 2017 | 9.2% | -29.0% | 19.8% | 46.51% |
| 2016 | 6.9% | -10.9% | 12.8% | 21.36% |
FTLB - Holdings
Concentration Analysis
| FTLB | Category Low | Category High | FTLB % Rank | |
|---|---|---|---|---|
| Net Assets | 9.58 M | 25 | 17.4 B | 93.63% |
| Number of Holdings | 243 | 2 | 508 | 12.21% |
| Net Assets in Top 10 | 2.52 M | -6.66 M | 5.12 B | 98.85% |
| Weighting of Top 10 | 26.29% | 11.3% | 100.0% | 75.33% |
Top 10 Holdings
- Apple Inc 4.86%
- Microsoft Corp 4.61%
- Louisiana-Pacific Corp 3.19%
- Element Solutions Inc 3.06%
- Pfizer Inc 2.81%
- White Mountains Insurance Group Ltd 2.76%
- Arrow Electronics Inc 2.67%
- Amazon.com Inc 2.67%
- Blackstone Group Inc 2.67%
- Acceleron Pharma Inc 2.66%
Asset Allocation
| Weighting | Return Low | Return High | FTLB % Rank | |
|---|---|---|---|---|
| Stocks | 99.50% | -3.92% | 100.76% | 32.44% |
| Cash | 0.50% | -0.76% | 100.29% | 61.07% |
| Preferred Stocks | 0.00% | 0.00% | 3.08% | 28.24% |
| Other | 0.00% | 0.00% | 45.92% | 41.98% |
| Convertible Bonds | 0.00% | 0.00% | 20.91% | 30.53% |
| Bonds | 0.00% | 0.00% | 97.96% | 34.35% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FTLB % Rank | |
|---|---|---|---|---|
| Financial Services | 17.58% | 0.00% | 29.60% | 11.34% |
| Healthcare | 16.87% | 0.00% | 25.91% | 9.66% |
| Technology | 13.00% | 0.00% | 44.43% | 77.73% |
| Energy | 10.21% | 0.00% | 69.54% | 10.08% |
| Consumer Cyclical | 9.28% | 0.00% | 19.02% | 10.92% |
| Basic Materials | 9.26% | 0.00% | 60.58% | 14.29% |
| Communication Services | 8.01% | 0.00% | 21.22% | 75.21% |
| Industrials | 6.54% | 1.41% | 43.91% | 87.82% |
| Real Estate | 4.77% | 0.00% | 9.74% | 10.08% |
| Consumer Defense | 3.66% | 0.00% | 22.87% | 95.80% |
| Utilities | 0.83% | 0.00% | 13.35% | 96.22% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FTLB % Rank | |
|---|---|---|---|---|
| US | 94.92% | -3.89% | 100.00% | 45.04% |
| Non US | 4.58% | -2.17% | 99.33% | 28.24% |
FTLB - Expenses
Operational Fees
| FTLB Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.85% | 0.20% | 6.78% | 66.67% |
| Management Fee | 0.85% | 0.20% | 1.75% | 55.22% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 14.94% |
| Administrative Fee | N/A | 0.02% | 0.28% | N/A |
Sales Fees
| FTLB Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 4.75% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
| FTLB Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| FTLB Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 207.00% | 0.00% | 456.80% | 95.54% |
FTLB - Distributions
Dividend Yield Analysis
| FTLB | Category Low | Category High | FTLB % Rank | |
|---|---|---|---|---|
| Dividend Yield | 3.13% | 0.00% | 3.76% | 3.35% |
Dividend Distribution Analysis
| FTLB | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Annually | Monthly | Annually |
Net Income Ratio Analysis
| FTLB | Category Low | Category High | FTLB % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.96% | -2.54% | 14.24% | 31.97% |
Capital Gain Distribution Analysis
| FTLB | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| Sep 30, 2020 | $0.003 |
| Aug 31, 2020 | $0.055 |
| Jul 31, 2020 | $0.055 |
| Jun 30, 2020 | $0.055 |
| May 29, 2020 | $0.055 |
| Apr 30, 2020 | $0.055 |
| Mar 31, 2020 | $0.055 |
| Feb 28, 2020 | $0.055 |
| Jan 31, 2020 | $0.055 |
| Dec 31, 2019 | $0.055 |
| Nov 29, 2019 | $0.055 |
| Oct 31, 2019 | $0.055 |
| Sep 30, 2019 | $0.046 |
| Aug 30, 2019 | $0.046 |
| Jul 31, 2019 | $0.046 |
| Jun 28, 2019 | $0.055 |
| May 31, 2019 | $0.055 |
| Apr 30, 2019 | $0.055 |
| Mar 29, 2019 | $0.055 |
| Feb 28, 2019 | $0.055 |
| Jan 31, 2019 | $0.055 |
| Dec 31, 2018 | $0.055 |
| Nov 30, 2018 | $0.055 |
| Oct 31, 2018 | $0.055 |
| Sep 28, 2018 | $0.055 |
| Aug 31, 2018 | $0.055 |
| Jul 31, 2018 | $0.055 |
| Jun 29, 2018 | $0.055 |
| May 31, 2018 | $0.055 |
| Apr 30, 2018 | $0.055 |
| Mar 29, 2018 | $0.055 |
| Feb 28, 2018 | $0.055 |
| Jan 31, 2018 | $0.055 |
| Dec 29, 2017 | $0.055 |
| Nov 30, 2017 | $0.053 |
| Oct 31, 2017 | $0.053 |
| Sep 29, 2017 | $0.053 |
| Aug 31, 2017 | $0.053 |
| Jul 31, 2017 | $0.053 |
| Jun 30, 2017 | $0.053 |
| May 31, 2017 | $0.053 |
| Apr 28, 2017 | $0.053 |
| Mar 31, 2017 | $0.053 |
| Feb 28, 2017 | $0.053 |
| Jan 31, 2017 | $0.053 |
| Dec 30, 2016 | $0.053 |
| Nov 30, 2016 | $0.053 |
| Oct 31, 2016 | $0.053 |
| Sep 30, 2016 | $0.053 |
| Aug 31, 2016 | $0.053 |
| Jul 29, 2016 | $0.053 |
| Jun 30, 2016 | $0.053 |
| May 31, 2016 | $0.053 |
| Apr 29, 2016 | $0.053 |
| Mar 31, 2016 | $0.055 |
| Feb 29, 2016 | $0.055 |
| Jan 29, 2016 | $0.055 |
| Dec 31, 2015 | $0.055 |
| Nov 30, 2015 | $0.055 |
| Oct 30, 2015 | $0.055 |
| Sep 30, 2015 | $0.055 |
| Aug 31, 2015 | $0.060 |
| Jul 31, 2015 | $0.060 |
| Jun 30, 2015 | $0.060 |
| May 29, 2015 | $0.060 |
| Apr 30, 2015 | $0.060 |
| Mar 31, 2015 | $0.060 |
| Feb 27, 2015 | $0.060 |
| Jan 30, 2015 | $0.060 |
| Dec 31, 2014 | $0.065 |
| Nov 28, 2014 | $0.065 |
| Oct 31, 2014 | $0.066 |
| Sep 30, 2014 | $0.068 |
| Aug 29, 2014 | $0.067 |
| Jul 31, 2014 | $0.068 |
| Jun 30, 2014 | $0.068 |
| May 30, 2014 | $0.067 |
| Apr 30, 2014 | $0.014 |
| Mar 31, 2014 | $0.059 |
| Feb 28, 2014 | $0.065 |
FTLB - Fund Manager Analysis
Managers
John Gambla
Start Date
Tenure
Tenure Rank
Jan 06, 2014
7.9
7.9%
John W. Gambla, CFA, FRM, PRM, is a senior portfolio manager for the Alternatives Investment Team at First Trust Advisors L.P. Prior to joining First Trust in July 2011, he was co-Chief Investment Officer at the Nuveen HydePark Group LLC where he started in 2007. While at Nuveen HydePark Group LLC, he co-directed investment activities including research, product development, trading, portfolio management and performance attribution. John also led the research systems and infrastructure development for Nuveen HydePark Group LLC. Previously, he was a Senior Trader and Quantitative specialist at Nuveen Asset Management. While there, he was responsible for trading all derivatives for the 120+ municipal mutual funds with Nuveen Asset Management. John W. Gambla, has served in a variety of roles throughout his career including: portfolio management, research, business development and strategy development. He was born in 1966 and earned a B.S. in Genetics and Developmental Biology and a B.A. in Finance from the University of Illinois at Urbana/Champaign and an MBA from the University Of Chicago Booth School Of Business.
Rob Guttschow
Start Date
Tenure
Tenure Rank
Jan 06, 2014
7.9
7.9%
Rob A. Guttschow, CFA, is a senior portfolio manager for the Alternatives Investment Team at First Trust Advisors L.P. Prior to joining First Trust in July 2011, Mr. Guttschow was co-Chief Investment Officer at the Nuveen HydePark Group LLC where he started in 2007. While at Nuveen HydePark Group LLC, Mr. Guttschow co-directed investment activities including research, product development, trading, portfolio management and performance attribution. Previously, Mr. Guttschow was an Overlay Manager and Senior Portfolio Manager at Nuveen Asset Management. While there, he developed Nuveen’s buy-side derivative desk for fixed income and equity portfolio hedging. He was born in 1968 and earned a B.S. in Materials/Ceramic Engineering and a MBA from the University of Illinois in Urbana/Champaign.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 19.77 | 3.61 | 5.67 |
