LQTI

FT Vest Investment Grade & Target Income ETF

$20.07

+0.00%

Market closed. Last update: 12:32 PM ET

📎 Investment Objective

The FT Vest Investment Grade & Target Income ETF (LQTI) seeks to provide a high level of current income while preserving capital by investing primarily in investment-grade corporate bonds.

Overview

ETF tracking FT Vest Investment Grade & Target Income ETF

Category Corporate Bonds

Issuer Other

Inception Date 2025-02-13

Market Cap $121.4M

Average Volume N/A

Dividend Yield 6.29%

52-Week Range $19.72 - $20.58

VWAP $20.10

Performance

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Investment Summary

📎 Investment Objective

The FT Vest Investment Grade & Target Income ETF (LQTI) seeks to provide a high level of current income while preserving capital by investing primarily in investment-grade corporate bonds.

🎯 Investment Strategy

The fund invests in a diversified portfolio of investment-grade corporate bonds with the goal of generating a consistent level of income. The portfolio is actively managed to maintain an average duration and credit quality that aligns with the fund's target income objective.

✨ Key Features

Focuses on investment-grade corporate bonds to generate current income
Actively managed portfolio to maintain targeted duration and credit quality
Aims to provide a consistent level of income while preserving capital
Low expense ratio of 0.00%

⚠️ Primary Risks

Interest rate risk: The fund's value may decline when interest rates rise
Credit risk: The fund is exposed to the risk of default by the issuers of the underlying bonds
Liquidity risk: The fund may have difficulty selling certain bonds, especially during periods of market stress
Concentration risk: The fund's performance is tied to the corporate bond market and may be more volatile than a more diversified fund

👤 Best For

This ETF may be suitable for investors seeking a consistent level of current income from their fixed-income allocation, with a focus on investment-grade corporate bonds. It may be appropriate for investors with a moderate risk tolerance who are willing to accept some volatility in exchange for the potential for higher income compared to government bonds.