First Trust Advisors L.P. ("FTA") announces the declaration of
the Monthly distribution for First Trust Enhanced Short Maturity
ETF, a series of First Trust Exchange-Traded Fund IV.
The following dates apply to today's distribution
declaration:
Expected Ex-Dividend Date:
October 31, 2024
Record Date:
October 31, 2024
Payable Date:
November 4, 2024
Ticker
Exchange
Fund Name
Frequency
Ordinary
Income Per Share Amount
ACTIVELY MANAGED EXCHANGE-TRADED
FUNDS
First Trust Exchange-Traded Fund
IV
FTSM
Nasdaq
First Trust Enhanced Short Maturity
ETF
Monthly
$0.2410
First Trust Advisors L.P. ("FTA") is a federally registered
investment advisor and serves as the Fund's investment advisor. FTA
and its affiliate First Trust Portfolios L.P. ("FTP"), a FINRA
registered broker-dealer, are privately-held companies that provide
a variety of investment services. FTA has collective assets under
management or supervision of approximately $245 billion as of
September 30, 2024 through unit investment trusts, exchange-traded
funds, closed-end funds, mutual funds and separate managed
accounts. FTA is the supervisor of the First Trust unit investment
trusts, while FTP is the sponsor. FTP is also a distributor of
mutual fund shares and exchange-traded fund creation units. FTA and
FTP are based in Wheaton, Illinois.
You should consider the investment objectives, risks, charges
and expenses of the Fund before investing. The prospectus for the
Fund contains this and other important information and is available
free of charge by calling toll-free at 1-800-621-1675 or
visiting www.ftportfolios.com. The prospectus should
be read carefully before investing.
Principal Risk Factors: You could lose money by investing in
a fund. An investment in a fund is not a deposit of a bank and is
not insured or guaranteed. There can be no assurance that a fund's
objective(s) will be achieved. Investors buying or selling shares
on the secondary market may incur customary brokerage commissions.
Please refer to each fund's prospectus and Statement of Additional
Information for additional details on a fund's risks. The order of
the below risk factors does not indicate the significance of any
particular risk factor.
Past performance is no assurance of future results. Investment
return and market value of an investment in a Fund will fluctuate.
Shares, when sold, may be worth more or less than their original
cost.
A Fund's shares will change in value, and you could lose money
by investing in a Fund. An investment in a Fund is not a deposit of
a bank and is not insured or guaranteed by the Federal Deposit
Insurance Corporation or any other governmental agency. There can
be no assurance that a Fund's investment objectives will be
achieved. An investment in a Fund involves risks similar to those
of investing in any portfolio of equity securities traded on
exchanges. The risks of investing in each Fund are spelled out in
its prospectus, shareholder report, and other regulatory
filings.
ETF shares may only be redeemed directly from a fund by
authorized participants in very large creation/redemption units.
ETF shares may trade at a discount to net asset value and possibly
face delisting.
A fund that effects all or a portion of its creations and
redemptions for cash rather than in-kind may be less tax
efficient.
Current market conditions risk is the risk that a particular
investment, or shares of the fund in general, may fall in value due
to current market conditions. As a means to fight inflation, the
Federal Reserve and certain foreign central banks have raised
interest rates; however, the Federal Reserve has recently lowered
interest rates and may continue to do so. Recent and potential
future bank failures could result in disruption to the broader
banking industry or markets generally and reduce confidence in
financial institutions and the economy as a whole, which may also
heighten market volatility and reduce liquidity. Ongoing armed
conflicts between Russia and Ukraine in Europe and among Israel,
Hamas and other militant groups in the Middle East, have caused and
could continue to cause significant market disruptions and
volatility within the markets in Russia, Europe, the Middle East
and the United States. The hostilities and sanctions resulting from
those hostilities have and could continue to have a significant
impact on certain fund investments as well as fund performance and
liquidity. The COVID-19 global pandemic, or any future public
health crisis, and the ensuing policies enacted by governments and
central banks have caused and may continue to cause significant
volatility and uncertainty in global financial markets, negatively
impacting global growth prospects.
A fund normally distributes income it earns, so a fund may be
required to reduce its distributions if it has insufficient income.
Distributions in excess of a Fund's current and accumulated
earnings and profits will be treated as a return of capital. There
may be other circumstances when all or a portion of a Fund’s
distribution is treated as a return of capital, for example, there
are times when Fund securities are sold to cover a derivative
position that generated all or a portion of the distribution that
could lead to a return of capital.
A fund is susceptible to operational risks through breaches in
cyber security. Such events could cause a fund to incur regulatory
penalties, reputational damage, additional compliance costs
associated with corrective measures and/or financial loss.
In managing a fund's investment portfolio, the portfolio
managers will apply investment techniques and risk analyses that
may not have the desired result.
Market risk is the risk that a particular security, or shares of
a fund in general may fall in value. Securities are subject to
market fluctuations caused by such factors as general economic
conditions, political events, regulatory or market developments,
changes in interest rates and perceived trends in securities
prices. Shares of a fund could decline in value or underperform
other investments as a result. In addition, local, regional or
global events such as war, acts of terrorism, spread of infectious
disease or other public health issues, recessions, natural
disasters or other events could have significant negative impact on
a fund.
A fund with significant exposure to a single asset class,
country, region, industry, or sector may be more affected by an
adverse economic or political development than a broadly
diversified fund.
Certain securities are subject to call, credit, extension,
income, inflation, interest rate, prepayment and zero coupon risks.
These risks could result in a decline in a security's value and/or
income, increased volatility as interest rates rise or fall and
have an adverse impact on a fund's performance.
Securities of non-U.S. issuers are subject to additional risks,
including currency fluctuations, political risks, withholding, the
lack of adequate financial information, and exchange control
restrictions impacting non-U.S. issuers. These risks may be
heightened for securities of companies located in, or with
significant operations in, emerging market countries.
A fund may invest in the shares of other funds, which involves
additional expenses that would not be present in a direct
investment in the underlying funds. In addition, a fund's
investment performance and risks may be related to the investment
performance and risks of the underlying funds.
First Trust Advisors L.P. (FTA) is the adviser to the First
Trust fund(s). FTA is an affiliate of First Trust Portfolios L.P.,
the distributor of the fund(s).
The information presented is not intended to constitute an
investment recommendation for, or advice to, any specific person.
By providing this information, First Trust is not undertaking to
give advice in any fiduciary capacity within the meaning of ERISA,
the Internal Revenue Code or any other regulatory framework.
Financial professionals are responsible for evaluating investment
risks independently and for exercising independent judgment in
determining whether investments are appropriate for their
clients.
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