First Trust Income Opportunities ETF
FCEF
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 120 East Liberty Drive, Suite 400 Wheaton IL United States of America 60187
- IPO Date
- Sep 29, 2016
- CIK
- 0001667919
- Website
- ftportfolios.com
- Similar Companies
- Business
- First Trust Income Opportunities ETF (FCEF) is an actively managed exchange-traded fund that seeks to provide current income by investing primarily in shares of closed-end funds, with secondary exposure to U.S. and non-U.S. equities, fixed income securities, and alternative investments including commodities; its portfolio includes prominent holdings such as Invesco Variable Rate Investment Grade ETF (VRIG), Eaton Vance Tax-Advantaged Global Dividend Income Fund (ETG), abrdn Global Infrastructure Income Fund (ASGI), John Hancock Tax-Advantaged Dividend Income Fund (HTD), and Eaton Vance Tax-Advantaged Dividend Income Fund (EVT), among others spanning equity income, infrastructure, high yield, preferred securities, and multi-asset strategies. The fund targets income-oriented investors through a diversified allocation across taxable fixed income closed-end funds (approximately 40% benchmark weighting), equity closed-end funds (60%), and opportunistic positions in ETFs and other income vehicles, with geographic exposure encompassing U.S., non-U.S. stocks (9%), bonds (9%), and global sectors like infrastructure, utilities, energy, and financials. Launched on September 27, 2016 and domiciled in the United States, FCEF trades on Nasdaq and is advised by First Trust Advisors L.P., a privately held investment manager founded in 1991 and headquartered at 120 E. Liberty Drive, Suite 400, Wheaton, Illinois. In April 2022, the fund underwent a name change from First Trust CEF Income Opportunity ETF to its current designation, reflecting an evolution in its branding while maintaining its core closed-end fund income strategy; more recently, in May 2024, First Trust Advisors completed mergers of several energy-related closed-end funds into the FT Energy Income Partners Enhanced Income ETF (EIPI), signaling broader portfolio rationalization efforts within its ETF and closed-end fund ecosystem, though FCEF itself remained unaffected. The fund continues monthly distributions, with recent declarations including $0.135 per share in November 2025 (ex-date November 12, payable November 28) and ongoing announcements through December 2025, underscoring its commitment to reliable income amid active management.