The fund will pursue its investment objective by investing primarily in equity securities listed on U.S. exchanges and by utilizing an "option strategy" consisting of writing (selling) U.S. exchange-traded call options on the Nasdaq-100 Index. The call options written by the fund will have expirations of less than one year, and will be typically written at-the-money to out-of-the-money.
Research context
First Trust Nasdaq BuyWrite Income ETF appears in PyInvesting’s ETF catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
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