First Trust Announces Name Changes for First Trust Low Beta Income ETF and First Trust High Income ETF

First Trust Advisors L.P. (“First Trust”) announced today that two First Trust exchange-traded funds are changing their names. First Trust Low Beta Income ETF (Nasdaq: FTLB) is changing its name to First Trust Hedged BuyWrite Income ETF, and First Trust High Income ETF (Nasdaq: FTHI) is changing its name to First Trust BuyWrite Income ETF. The Funds’ ticker symbols and CUSIPS are not changing. First Trust anticipates that the changes will be effective on each Funds’ respective exchange on or around Thursday, December 14, 2017.

First Trust, the Funds’ investment advisor, along with its affiliate, First Trust Portfolios L.P., are privately-held companies which provide a variety of investment services, including asset management and financial advisory services, with collective assets under management or supervision of approximately $117 billion as of November 30, 2017 through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts.

You should consider each Fund’s investment objective, risks, charges and expenses carefully before investing. You can download a prospectus or contact First Trust to request a prospectus, which contains other information about the Funds. Read it carefully before you invest. The risks of investing in each Fund are spelled out in its prospectus, shareholder reports and other regulatory filings.

This press release does not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction.

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First Trust Advisors L.P.Press Inquiries: Ryan Issakainen 630-765-8689Analyst Inquiries: Stan Ueland 630-517-7633