FIRST TR EXCHANGE TRADED FD IV VEST SMID RISING DIVIDEND ACHIVR TRG INC

The FT Cboe Vest SMID Rising Dividend Achievers Target Income ETF (the "Fund") seeks to provide investors with current income with a secondary objective of providing capital appreciation. Under normal market conditions, the Fund will pursue its investment objective by investing primarily in U.S. exchange-traded equity securities contained in the Nasdaq US Small-Mid Cap Rising Dividend Achievers™ Index and by utilizing an "option strategy" consisting of writing (selling) U.S. exchange-traded call options on the Russell 2000® Index, or exchange-traded funds that track the Russell 2000® Index.