Key stats
About First Trust Exchange-Traded Fund VI First Trust Balanced Income ETF
Home page
ftportfolios.com/Retail/Etf/EtfSummary.aspx?Ticker=FTBI
Inception date
May 28, 2025
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
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
FTBI is a passively managed fund-of-funds that allocates to income-generating ETFs across three asset classes: equity, fixed income, and commodity. The index includes ETFs advised by First Trust with assets under management of at least $50 million. The equity allocation consists of growth, value, and core funds that seek to generate income using either a buy-write or a target income strategy. The fixed income allocation includes funds that invest in investment grade bonds of any maturity issued by US and non-US governments and corporations. Lastly, the funds commodity allocation seeks to provide a level of income tied to the annual yield of one-month US Treasury securities through FLEX Options that reference an exchange-traded product that invests directly in gold. The fund allocates 60% to equity, 35% to fixed income, and 5% to commodities while equally weighting the underlying funds in each asset class. The index reconstitutes and rebalances semi-annually.
Classification
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF99.84%
Cash0.16%
Top 10 holdings
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
FTBI trades at 20.22 USD today, its price has risen 0.57% in the past 24 hours. Track more dynamics on FTBI price chart.
FTBI net asset value is 20.11 today — it's risen 0.66% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
FTBI assets under management is 999.14 K USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
FTBI fund flows account for 1.00 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
FTBI invests in funds. See more details in our Analysis section.
FTBI expense ratio is 0.97%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, FTBI isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, FTBI doesn't pay dividends to its holders.
FTBI trades at a premium (0.14%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
FTBI shares are issued by AJM Ventures LLC
FTBI follows the Bloomberg Moderate Allocation Income Focus Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on May 28, 2025.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.