First Trust Income Opportunities ETF

First Trust Income Opportunities ETF is an actively managed exchange-traded fund designed to pursue current income by investing primarily in a portfolio of closed-end funds and, at times, other exchange-traded funds. The fund uses a multi-asset approach that can include U.S. and non-U.S. equities, fixed income securities, preferred securities, and commodities through its underlying holdings. It is built to give investors diversified exposure to income-producing assets while emphasizing closed-end fund strategies across sectors and market segments. Managed by First Trust, the ETF plays a role in the income-focused ETF market by packaging a broad collection of listed funds into a single vehicle with monthly distributions.