FT Vest High Yield & Target Income ETF (HYTI) is an exchange-traded fund in the High Yield Bond category. It has $94.02M in assets, an expense ratio of 0.65% and a 8.53% dividend yield. Under normal market conditions, the fund will pursue its investment objectives by investing in U.S. treasury securities and utilizing an option strategy consisting of purchasing and writing (selling) U.S. exchange-traded call options, including Flexible Exchange options (“FLEX Options”), on the iShares iBoxx High Yield Corporate Bond ETF (the “Underlying ETF”). The fund is non-diversified.