First Trust Exchange-Traded Fund IV - FT Vest High Yield & Target Income ETF

First Trust Exchange-Traded Fund IV - FT Vest High Yield & Target Income ETF is an exchange traded fund launched and managed by First Trust Advisors LP. The fund is co-managed by Vest Financial LLC. It invests in the fixed income markets of the United States. It directly and through derivatives invests in U.S. dollar-denominated, high yield U.S. Treasury securities and corporate bonds. The fund uses derivatives such as FLexible EXchange Options that reference the iShares iBoxx High Yield Corporate Bond ETF to create its portfolio. First Trust Exchange-Traded Fund IV - FT Vest High Yield & Target Income ETF was formed on February 12, 2025 and is domiciled in the United States.