Unlike mutual funds, unit investment trusts are not actively traded in the markets. Instead, their underlying securities are held for extended periods and only bought or sold whenever there is a ... FTA is the supervisor of the First Trust unit investment trusts, while FTP is the sponsor.

Understanding the Context

FTP is also a distributor of mutual fund shares and exchange-traded fund creation units. FTA and FTP are ... Business Wire: First Trust Advisors L.P. Announces Distribution for First Trust Income Opportunities ETF First Trust Advisors L.P.

Key Insights

Announces Distribution for First Trust Income Opportunities ETF