First Trust Exchange-Traded Fund IV - FT Vest Rising Dividend Achievers Target Income ETF

First Trust Exchange-Traded Fund IV - FT Vest Rising Dividend Achievers Target Income ETF is an exchange traded fund launched and managed by First Trust Advisors LP. The fund is co-managed by Vest Financial, LLC. It invests in the public equity markets of the United States. The fund invests directly and through derivatives in stocks of companies operating across diversified sectors. It uses derivatives such as options to create its portfolio. The fund invests in growth and value stocks of companies across diversified market capitalization. It invests in dividend paying stocks of companies. The fund seeks to benchmark the performance of its portfolio against the Nasdaq US Rising Dividend Achievers Index and the S&P 500 Index. First Trust Exchange-Traded Fund IV - FT Vest Rising Dividend Achievers Target Income ETF was formed on October 19, 2022 and is domiciled in the United States.