FTBI
First Trust Balanced Income ETF
📎 Investment Objective
The First Trust Balanced Income ETF (FTBI) seeks to provide current income and capital appreciation by investing in a diversified portfolio of income-producing securities.
Overview
ETF tracking First Trust Balanced Income ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The First Trust Balanced Income ETF (FTBI) seeks to provide current income and capital appreciation by investing in a diversified portfolio of income-producing securities.
🎯 Investment Strategy
FTBI invests in a mix of fixed-income securities, dividend-paying stocks, and other income-generating assets. The fund aims to maintain a balanced allocation between equities and fixed-income to generate a steady stream of income while also providing potential for capital growth.
✨ Key Features
- Diversified portfolio of income-producing assets including bonds, dividend stocks, and other securities
- Balanced approach targeting both current income and capital appreciation
- Low expense ratio of 0.00%
- Relatively new fund with limited performance history
⚠️ Primary Risks
- Market risk: The value of the fund's holdings may decline due to general market conditions
- Interest rate risk: Bond prices may fall as interest rates rise
- Dividend risk: Companies may reduce or eliminate dividend payments
- Limited performance history: Lack of long-term track record makes it difficult to evaluate the fund's performance
👤 Best For
FTBI may be suitable for investors seeking a balanced approach to generating current income and long-term capital growth, with a moderate risk tolerance. The fund's diversified portfolio and focus on income-producing assets make it potentially appropriate for retirees, those in or nearing retirement, or investors looking to supplement their portfolio with a steady stream of income.