First Trust Exchange-Traded Fund VIII FT Energy Income Partners Enhanced Income ETF
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About First Trust Exchange-Traded Fund VIII FT Energy Income Partners Enhanced Income ETF
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Inception date
May 6, 2024
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
EIPI aims to provide a balanced mix of income and growth for shareholders by focusing on pure-play companies within the global energy sector. It includes firms engaged in the exploration, production, transportation, and distribution of energy sources like natural gas, crude oil, and renewable energy. The fund may also hold MLPs and MLP affiliates. The adviser aims to capitalize on the sectors dynamic nature, focusing on the influence of technological advancements and government policies. Stocks are chosen based on yield, growth potential, and valuation, including stable cash flows, sustainable dividend payout ratios, increasing per-share earnings, and positive changes in value resulting from business restructuring or government policies. To boost income, the fund utilizes single stock covered call writing, along with naked call writing on energy indexes and ETFs. EIPI launched with $1 billion in assets through the conversion of four closed-end funds that were consolidated.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Industrial Services
Utilities
Energy Minerals
Stocks96.03%
Industrial Services46.73%
Utilities27.34%
Energy Minerals16.56%
Distribution Services2.26%
Producer Manufacturing1.13%
Process Industries0.73%
Miscellaneous0.43%
Bonds, Cash & Other3.97%
Mutual fund4.86%
Cash0.00%
Rights & Warrants−0.89%
Stock breakdown by region
North America93.36%
Europe6.64%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
EIPI invests in stocks. The fund's major sectors are Industrial Services, with 47.15% stocks, and Utilities, with 27.58% of the basket. The assets are mostly located in the North America region.
EIPI top holdings are Enterprise Products Partners L.P. and Energy Transfer LP, occupying 8.37% and 6.29% of the portfolio correspondingly.
EIPI last dividends amounted to 0.13 USD. The month before, the issuer paid 0.13 USD in dividends,
EIPI assets under management is 909.88 M USD. It's fallen 0.80% over the last month.
EIPI fund flows account for −112.70 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, EIPI pays dividends to its holders with the dividend yield of 7.65%. The last dividend (Jun 30, 2025) amounted to 0.13 USD. The dividends are paid monthly.
EIPI shares are issued by AJM Ventures LLC under the brand First Trust. The ETF was launched on May 6, 2024, and its management style is Active.
EIPI expense ratio is 1.11% meaning you'd have to pay 1.11% of your investment to help manage the fund.
EIPI follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
EIPI invests in stocks.
EIPI price has fallen by −1.11% over the last month, and its yearly performance shows a 3.92% increase. See more dynamics on EIPI price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.67% over the last month, have fallen by −0.67% over the last month, showed a 5.64% increase in three-month performance and has increased by 0.93% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −0.67% over the last month, have fallen by −0.67% over the last month, showed a 5.64% increase in three-month performance and has increased by 0.93% in a year.
EIPI trades at a premium (0.44%) meaning the ETF is trading at a higher price than the calculated NAV.