First Trust Exchange-Traded Fund VIII FT Energy Income Partners Enhanced Income ETFFirst Trust Exchange-Traded Fund VIII FT Energy Income Partners Enhanced Income ETFFirst Trust Exchange-Traded Fund VIII FT Energy Income Partners Enhanced Income ETF

First Trust Exchange-Traded Fund VIII FT Energy Income Partners Enhanced Income ETF

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Buy EIPI

Key stats


Assets under management (AUM)
‪932.53 M‬USD
Fund flows (1Y)
‪−354.57 M‬USD
Dividend yield (indicated)
7.76%
Discount/Premium to NAV
0.5%

About First Trust Exchange-Traded Fund VIII FT Energy Income Partners Enhanced Income ETF


Issuer
AJM Ventures LLC
Brand
First Trust
Expense ratio
1.10%
Inception date
May 6, 2024
Index tracked
No Underlying Index
Management style
Active
EIPI aims to provide a balanced mix of income and growth for shareholders by focusing on pure-play companies within the global energy sector. It includes firms engaged in the exploration, production, transportation, and distribution of energy sources like natural gas, crude oil, and renewable energy. The fund may also hold MLPs and MLP affiliates. The adviser aims to capitalize on the sectors dynamic nature, focusing on the influence of technological advancements and government policies. Stocks are chosen based on yield, growth potential, and valuation, including stable cash flows, sustainable dividend payout ratios, increasing per-share earnings, and positive changes in value resulting from business restructuring or government policies. To boost income, the fund utilizes single stock covered call writing, along with naked call writing on energy indexes and ETFs. EIPI launched with $1 billion in assets through the conversion of four closed-end funds that were consolidated.
Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Neutral
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Neutral
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Neutral
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Neutral
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Moving Averages
Neutral
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Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
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