First Trust Bloomberg Shareholder Yield ETF

First Trust Bloomberg Shareholder Yield ETF is an exchange-traded fund that seeks to track the Bloomberg Shareholder Yield Index, providing exposure to U.S. large- and mid-cap companies selected for shareholder-friendly capital allocation. The fund focuses on businesses that return value through dividends, share repurchases, and debt reduction, offering a rules-based way to access equity income within a diversified portfolio. Its holdings span multiple sectors, including financials, technology, consumer staples, healthcare, energy, and industrials, which helps spread exposure across different parts of the U.S. equity market. First Trust Bloomberg Shareholder Yield ETF is used by investors looking for a passive strategy centered on companies with strong shareholder yield characteristics and broad market participation.