First Trust Nasdaq BuyWrite Income ETF
FTQI
NASDAQ Global Market- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 120 East Liberty Drive, Suite 400 Wheaton IL United States of America 60187
- IPO Date
- Jan 7, 2014
- Website
- ftportfolios.com
- Similar Companies
- Business
- First Trust Nasdaq BuyWrite Income ETF (FTQI) is an exchange-traded fund that seeks current income by investing primarily in equity securities listed on U.S. exchanges and employing a covered call option strategy on the Nasdaq-100 Index. The fund holds a portfolio of Nasdaq-100 constituents, including leading large-cap technology and growth stocks such as NVIDIA Corporation, Apple Inc., Microsoft Corporation, Broadcom Inc., and Advanced Micro Devices Inc., with top 10 holdings representing approximately 49.5% of assets; it writes U.S. exchange-traded at-the-money call options on the Nasdaq-100 Index to generate premium income, which is distributed monthly to shareholders. With total net assets of around $750 million, a net expense ratio of 0.76%, and shares outstanding exceeding 35 million, FTQI targets income-focused investors in the U.S. equity market, particularly those seeking high yields from options premiums alongside exposure to developed market large-cap equities. Incepted on January 7, 2014, and managed by First Trust Advisors L.P., the fund is headquartered at 120 East Liberty Drive, Suite 400, Wheaton, Illinois, United States, with operations centered on the U.S. domestic market. On May 11, 2022, the fund underwent a significant strategic conversion from the First Trust Hedged BuyWrite Income ETF to its current structure as the First Trust Nasdaq BuyWrite Income ETF, shifting focus to a pure Nasdaq-100 covered call strategy without prior hedging elements; this change affects performance comparability for periods before that date. First Trust Advisors L.P. continues to announce regular monthly distributions, with recent declarations in December 2025 reflecting ongoing income generation amid stable assets under management. No major acquisitions, partnerships, or new product launches have been reported for FTQI in the last 1-2 years beyond routine portfolio rebalancing and board appointments at the advisor level.