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Stock impact report

First Trust Announces March 4, 2024 for Changes in Investment Strategies and Other Related Matters for Large Cap US Equity Select ETF [Yahoo! Finance]

Multi-Asset Diversified Income Index Fund (MDIV) 
US:NASDAQ Investor Relations: ftportfolios.com
Company Research Source: Yahoo! Finance
ETF (Nasdaq: RNLC) (the "Fund"), a series of First Trust Exchange-Traded Fund VI (the "Trust"), will change its investment objective, name and other related matters, effective March 4, 2024. FTA previously announced that the Fund will seek investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an equity index called the Bloomberg Shareholder Yield Index (the "New Index") on or around a different date, February 29, 2024. Currently, the Fund seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an equity index called the Nasdaq Riskalyze US Large Cap™ Index. According to Bloomberg Index Services Limited, the index provider to the New Index, the New Index tracks the performance of US large- and mid-capitalization companies that have a track record of returning value to shareholders through dividends, buybacks and debt reduction in a manner that is within their capacity. The Show less Read more
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