First Trust Nasdaq BuyWrite Income ETF pairs Nasdaq-oriented stocks with written options. The stocks offer growth exposure and the options seek cash, but those same contracts can limit participation in a strong rally.
Business
Equity and option-income ETF
Listing
FTQI · NASDAQ
Reporting period
2026-06-30
Dividend schedule
Monthly
How the business works
Portfolio dividends after expenses appear in net investment income. Option and share-price outcomes are different measures and are important when assessing the cash paid.
Extras are shown separately and are not assumed to repeat.
Reported earnings
Each measure shown separately, per share
Net investment income$0.02
Jan 1, 2026 to Jun 30, 2026
$0.00$0.02
Distribution yield11.21%Sourced distributions divided by dated market priceReported annual income yield0.10%Reported net investment income $0.0200 per share for 2025-01-01 to 2025-12-31, divided by approved 2025-12-31 market price $20.8200. Excludes capital gains; historical, not a current yield or forecast.Reported annual investment income$0.02Per share for 2025 FY. Excludes investment gains.Trailing 12-month distributions$2.47Recorded recurring payments per share, not a forecast
Dividend payment history
Date or month
Per share
Sep 30, 2026
$0.222
Reported earnings and sources
Reported earnings for the latest four periods. Compare the same earnings measure across periods; different measures are not added together.
Cash distributions are the total paid per share during each reporting period, including any gains or return of capital. Period lengths may differ, so compare the dates before comparing amounts. Short periods are not annualized.
NAV change excludes distributions. Reported NAV total return includes reinvestment and is copied from the fund statement, not estimated by adding cash distributions to the NAV change.
How to read FTQI income
Fund income alone does not measure the full contribution from options. Cash distributions can also include gains or return of capital.
Follow distributions together with NAV and total return. A large payment is not proof that the strategy earned that amount.
Income and distributions
Income and cash distributions per share for the same dated periods. Shorter periods are kept separate and are not annualized. Fund income alone does not measure the full contribution from options. Cash distributions can also include gains or return of capital.
Fund net investment income per common share; actual reporting period, not annualized$0.0200
Total cash distributions in the same period$1.2200
$0.00$1.30
For the six months ended June 30, 2026, FTQI reported $0.02 of net investment income and $1.22 of distributions per share. Net asset value rose from $20.78 to $22.07. The small income figure does not mean the full payment lacked investment support; the option and stock results need to be considered separately.
Portfolio interest and dividends, realized investment results and any derivative activity contribute to distribution resources after expenses. Taxable income and cash distributions can differ from reported net investment income.
The earnings available to shareholders depend on the cash generated by these activities after operating and financing costs. Portfolio gains, financing proceeds and recurring income should be evaluated separately.
First Trust Nasdaq BuyWrite Income ETF reported $0.0200 per share for 2026-01-01 to 2026-06-30, measured as Fund net investment income per common share; actual reporting period, not annualized.
Actual per-share reporting period, without annualisation. Net investment income, realized gains, unrealized changes and cash distributions are different measures. This comparison is not the Fly High forward Dividend Coverage Ratio.
Income and capital are exposed to growth-stock concentration and option trade-offs.
Watch for changes in the underlying exposure and the next reported results before treating the current payment as evidence of continuing earnings support.
Payments can change and can include gains or return of capital. A high trailing yield does not establish earnings coverage or total return.
Watch for changes in the underlying exposure and the next reported results before treating the current payment as evidence of continuing earnings support.
Check the next like-length option and stock results against distributions and net asset value, especially after a large Nasdaq move.
Net asset value (NAV)
NAV per share$22.12Sep 29, 2026Market price$22.14Sep 29, 2026PREMIUM / DISCOUNT TO NAV0.09% premiumCalculated from the displayed same-date values.
NAV is the fund's assets minus liabilities, divided by shares outstanding. All values are USD per share.
First Trust reported closing NAV and market price, both dated 2026-09-29. The premium or discount is calculated from these two reported closing values. Older audited NAV history remains unchanged.
Check the next like-length option and stock results against distributions and net asset value, especially after a large Nasdaq move.
Loading current company feeds…
U.S. federal · Tax year 2025
Dividend tax treatment
The fund's 2025 distributions were mainly return of capital. The mix can change from year to year.
This company information is a guide, not your personal tax statement. Use your Form 1099-DIV when you file.
Ordinary, nonqualified
0%
Qualified dividends
1.42%
Capital-gain distributions
0%
Return of capital
98.58%
Tax year: 2025. Total distributions: $2.39 per share.
Tax details and source
Total ordinary dividends (includes qualified)
1.42%
Section 199A portion (within ordinary dividends)
0%
Exempt-interest distributions
0%
Reporting form
Form 1099-DIV
Source date
2026-02-12
Qualified dividends are included in total ordinary dividends. Section 199A is a separate designation within ordinary dividends, not extra income or qualified dividend income.
Your account type, holding period and circumstances affect treatment. Use your broker’s tax statement for filing. Return of capital generally reduces cost basis; amounts beyond basis can be taxable. IRS dividend guidance.
