FT Vest 20+ Year Treasury & Target Income ETF (LTTI)
Derivative Income · First Trust · NYSE
Derivative IncomeETF
FT Vest 20+ Year Treasury & Target Income ETF (LTTI) is an exchange-traded fund in the Derivative Income category. It has $16.61M in assets, an expense ratio of 0.65% and a 6.02% dividend yield. Under normal market conditions, the manager 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 20+ Year Treasury Bond ETF (the “Underlying ETF”). The fund is non-diversified.