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LQTI FT Vest Investment Grade & Target Income ETF

Option income on LQD, paying monthly

Over the year to Sep 18, 2026, LQTI paid 8.5% in cash and finished 0.6 points ahead of LQD.

First Trust · Income ETFs · data as of

Key facts

8.5%Cash paid, 1 year, on its starting price
−1.4%Total return, 1 year
+0.6 ptsAgainst LQD
9.2%Latest payout, annualized

Method

ETFIQ Return Stability Score

50.685th of 173

LQTI paid 8.5% in cash. Its price fell 9.7%, so 100% of what you were paid came back out of your own capital.

Was the payout funded by returns, or by your own capital?

Against its benchmark
MLPD −35.8 ptsMDST −28.6 ptsEIPI −26.8 ptsBLOX −26.6 ptsYQQQ −25.3 ptsULTY −24.3 ptsSLTY −22.7 ptsGDXY −21.4 ptsTDVI −20.9 ptsTOPW −19.8 ptsHIGH −18.8 ptsACKY −17.9 ptsYMAX −16.8 ptsHISF −16.4 ptsNDIV −16.4 ptsSDVD −16.4 ptsWEEI −15.8 ptsOARK −15.2 ptsFDND −14.1 ptsSCLZ −14.0 ptsLFGY −13.6 ptsXLRI −13.6 ptsTCAL −13.5 ptsQRMI −13.3 ptsSLJY −13.2 ptsYYY −13.2 ptsYFYA −13.1 ptsHIPS −12.8 ptsJULH −12.1 ptsRNTY −12.0 ptsXLKI −12.0 ptsXBTY −11.8 ptsQUSA −11.7 ptsJULJ −11.5 ptsLJUL −11.5 ptsJANJ −11.4 ptsLJAN −11.4 ptsFGSI −11.3 ptsLOCT −11.2 ptsQLDY −11.2 ptsOCTJ −11.1 ptsCVRD −11.0 ptsIWMY −10.9 ptsJUCY −10.9 ptsAPRJ −10.5 ptsLAPR −10.5 ptsXISE −10.5 ptsXIJN −10.3 ptsAPRH −10.1 ptsJANH −10.1 ptsXIDE −10.1 ptsXLEI −10.0 ptsOCTH −9.9 ptsJEPI −9.5 ptsAIPI −9.4 ptsMAGY −9.4 ptsBAGY −9.2 ptsXIMR −9.1 ptsSRHR −8.8 ptsBUYW −8.1 ptsRDVI −8.0 ptsIAUI −7.7 ptsOVLH −7.5 ptsVEGA −7.2 ptsXV −7.1 ptsYBTC −7.1 ptsFTHI −6.9 ptsBITY −6.7 ptsXLVI −6.7 ptsXRMI −6.3 ptsIGLD −6.2 ptsFEPI −6.1 ptsYLDE −6.0 ptsGPTY −5.7 ptsKHPI −5.5 ptsQQQI −5.3 ptsSPIN −5.2 ptsTYLG −5.2 ptsSPUT −5.1 ptsETCO −4.8 ptsWTPI −4.6 ptsCAIE −4.1 ptsIQQQ −4.1 ptsPAPI −3.8 ptsBIGY −3.6 ptsJEPQ −3.2 ptsXLBI −3.2 ptsISPY −3.1 ptsIWMW −3.0 ptsWEEL −2.3 ptsGIAX −2.1 ptsDIVO −2.0 ptsKNG −1.6 ptsQDTY −1.6 ptsDFII −1.5 ptsRDTY −1.5 ptsTSPY −1.5 ptsYMAG −1.5 ptsBTCC −1.4 ptsNBOS −1.4 ptsNIHI −1.4 ptsEGGY −1.2 ptsSPYI −1.2 ptsRYLD −1.1 ptsRYLG −1.0 ptsXDTE −1.0 ptsXPAY −0.9 ptsSDTY −0.8 ptsWDTE −0.8 ptsJOYT −0.7 ptsQDTE −0.7 ptsKGLD −0.6 ptsQQQY −0.6 ptsRDTE −0.6 ptsTHTA −0.6 ptsXLII −0.6 ptsFTKI −0.5 ptsGPIQ −0.4 ptsFTQI −0.3 ptsSIXH −0.3 ptsDJIA +0.2 ptsLTTI +0.2 ptsDYLG +0.3 ptsGPIX +0.4 ptsXLFI +0.4 ptsQYLG +0.5 ptsHYBI +0.6 ptsHYTI +0.6 ptsIVVW +0.6 ptsXYLG +0.7 ptsTDAQ +1.0 ptsIWMI +1.1 ptsQYLD +1.2 ptsCSHI +1.3 ptsTLTX +1.3 ptsXYLD +1.4 ptsHYGW +1.5 ptsHYBL +1.6 ptsBNDI +1.7 ptsOVS +1.7 ptsPBP +1.9 ptsTLTI +1.9 ptsXLUI +1.9 ptsBALI +2.0 ptsBTCI +2.0 ptsCHPY +2.3 ptsOVB +2.3 ptsOVT +2.3 ptsYBIT +2.3 ptsITWO +2.4 ptsOVL +2.6 ptsYETH +2.8 ptsOVM +2.9 ptsTLTP +3.0 ptsSOXY +3.5 ptsDUBS +3.7 ptsLQDW +3.8 ptsXLYI +4.1 ptsTLTW +4.2 ptsOVF +4.5 ptsDOGG +4.6 ptsOMAH +4.9 ptsIDVO +5.2 ptsSEPI +5.2 ptsBCCC +5.9 ptsCEPI +6.0 ptsIDUB +7.2 ptsXLCI +7.9 ptsBUCK +9.6 ptsUSOY +11.6 ptsXLSI +12.5 ptsKLIP +22.5 ptsLQTI +0.6 ptsLQTI +0.6 pts−35.8 pts+22.5 pts

74.3% of the 173 sit at or below LQTI on this measure.

What happened to the principal
ETCO −75.5%XBTY −74.1%YETH −66.4%YBTC −60.1%BTCC −59.1%YBIT −58.9%BAGY −57.9%ULTY −54.1%BITY −51.5%SLTY −51.5%BCCC −48.5%BTCI −47.0%LFGY −44.7%DFII −43.7%BLOX −40.9%YMAX −40.7%TOPW −37.7%OARK −34.0%GDXY −33.1%KLIP −32.5%YMAG −28.1%YQQQ −25.7%MAGY −25.3%IWMY −24.9%CEPI −22.5%RDTY −21.8%RDTE −21.4%QLDY −20.3%QDTE −19.2%TLTX −18.5%EGGY −16.2%XLYI −15.5%ACKY −15.1%WDTE −14.8%QDTY −14.0%AIPI −13.8%TLTP −13.4%XDTE −13.4%QQQY −13.2%LTTI −12.6%XLUI −11.3%QUSA −11.0%SDTY −10.8%GIAX −10.5%FEPI −10.0%TLTW −9.9%XLRI −9.4%TLTI −9.1%LQDW −8.8%XLCI −8.8%XV −8.8%YYY −8.8%TCAL −8.6%HIGH −8.3%FDND −8.2%GPTY −8.1%IGLD −7.9%RNTY −7.3%HIPS −7.0%HYTI −6.8%XLSI −6.5%OMAH −6.3%XLBI −6.3%IWMW −6.2%XLFI −6.2%HYGW −6.0%XPAY −5.8%HYBI −5.5%OVB −5.0%BNDI −4.9%USOY −4.8%HISF −4.7%OVT −4.3%QRMI −3.8%OVM −3.6%FGSI −3.2%HYBL −2.8%CAIE −2.5%JUCY −2.5%XRMI −2.4%BUCK −2.2%CVRD −2.2%MLPD −2.1%IAUI −2.0%IVVW −2.0%YFYA −1.7%JEPI −1.2%XLII −1.2%XIJN −0.9%WTPI −0.8%JULJ −0.6%XISE −0.6%CSHI −0.4%JULH −0.4%KNG −0.4%BIGY −0.3%LJUL −0.3%QQQI −0.1%TSPY −0.1%JANH 0.0%JANJ 0.0%LAPR 0.0%OCTH 0.0%XIDE 0.0%APRJ +0.1%LJAN +0.1%LOCT +0.1%OCTJ +0.1%APRH +0.3%FTHI +0.3%XIMR +0.5%WEEL +0.7%SRHR +1.0%SDVD +1.2%SPYI +1.2%IWMI +1.3%KHPI +1.5%BUYW +2.1%DJIA +2.4%QYLG +2.4%XYLG +2.6%YLDE +2.6%NIHI +2.8%RYLD +2.9%KGLD +3.4%TDAQ +3.4%DYLG +3.5%FTKI +3.8%XLVI +4.0%SCLZ +4.1%THTA +4.1%RYLG +4.2%PAPI +4.5%XLKI +4.6%PBP +5.5%JEPQ +5.7%SPIN +5.8%XYLD +5.9%NBOS +6.0%SPUT +6.0%DIVO +7.3%GPIX +7.4%ISPY +7.6%DOGG +8.0%FTQI +8.0%MDST +8.2%TDVI +8.2%OVF +8.3%OVS +8.5%OVLH +8.8%VEGA +8.9%QYLD +9.1%BALI +9.2%GPIQ +9.3%OVL +9.4%RDVI +9.6%ITWO +10.5%IQQQ +10.8%SLJY +12.3%EIPI +12.8%XLEI +12.8%SEPI +13.4%SIXH +14.1%IDVO +14.4%JOYT +15.2%WEEI +17.3%IDUB +17.4%DUBS +17.6%NDIV +20.4%CHPY +20.6%TYLG +20.6%SOXY +64.1%LQTI −9.7%LQTI −9.7%−75.5%+64.1%

26.9% of the 173 sit at or below LQTI on this measure.

Weighted evenly, those two positions are what the score combines, across the 173 income ETFs writing on an index or proxy. Neither spread above is the score: a fund can sit further right on one and score lower. A position in this set, not a rating: it moves when the set moves, and it is not a figure to average against another desk's.

What the score is computed from
What it measuresThis fundIts percentileWeight
against its benchmark+0.6 pts74.350%
what happened to the principal−9.7%26.950%

All income ETFs ranked by this score · How it is computed

70th of 369 income ETFs by net assets

What a holder got

LQTI against LQDLQTI returned −1.4% with distributions reinvested against −2.0% for US investment grade bonds (LQD), used as the proxy, a gap of +0.6 pts. Of that, 8.5% arrived as cash rather than price.−1.4%LQTI total return−2.0%US investment grade bonds (LQD), used as the proxy

Over the year to Sep 18, 2026, LQTI returned −1.4% with distributions reinvested and US investment grade bonds (LQD), used as the proxy returned −2.0%, so a holder came out ahead of it by 0.6 points. The lighter segment is the 8.5% that arrived as cash rather than as price.

Its ten largest equity positions

LQTI top ten by weight, 100.0% of its 5 equity positions, from the holdings published by its issuer for Sep 18, 2026. The options the fund writes are not positions of this kind and are not listed. Source: the issuer’s own daily file.
HoldingTickerWeight
2026-10-30 iShares iBoxx $ Investment Gr4LQD 261030C0000106098.40%
US Dollar$USD0.83%
U.S. Treasury Bill, 0%, due 09/29/2026not filed0.43%
U.S. Treasury Bill, 0%, due 10/29/2026not filed0.43%
2026-09-25 iShares iBoxx $ Investment Gr4LQD 260925C00104690-0.09%

Method

Period by period

LQTI over each window to Sep 18, 2026. Every figure is an ETFIQ calculation. Source: ETFIQ.
WindowCash paidPriceTotal returnLQDAhead or behind
3 months2.2%−4.7%−2.5%−2.9%+0.4 pts
6 months4.4%−4.6%−0.2%−0.6%+0.3 pts
1 year8.5%−9.7%−1.4%−2.0%+0.6 pts
Since launch13.4%−8.7%+4.7%+4.7%+0.1 pts

Method

When LQTI pays

LQTI pays monthly. The last distribution was $0.1411 a share, which went ex on Sep 1, 2026, with payment about 2 days later. The next has not been declared. On its own cadence of about 30 days the ex-date falls near Oct 1, 2026; that date is an ETFIQ projection, not the issuer’s.

Expected distributions for LQTI. Where the basis is a projection, ETFIQ has carried the fund’s own spacing forward from its last ex-date and held the amount at the last one paid; neither is an issuer statement. Source: ETFIQ.
Ex-datePay dateAmountBasis
Oct 1, 2026Oct 5, 2026$0.1411ETFIQ projection
Nov 2, 2026Nov 4, 2026$0.1411ETFIQ projection
Every distribution ETFIQ holds for LQTI (13, most recent first)
Cash distributions per share for LQTI. Source: ETFIQ from Tiingo end-of-day distributions.
Ex-dateAmount
Sep 1, 2026$0.1411
Aug 3, 2026$0.1413
Jul 1, 2026$0.1439
Jun 1, 2026$0.1437
May 1, 2026$0.1444
Apr 1, 2026$0.1441
Mar 2, 2026$0.1464
Feb 2, 2026$0.1467
Jan 2, 2026$0.1472
Dec 1, 2025$0.1469
Nov 3, 2025$0.1471
Oct 1, 2025$0.1477
Sep 2, 2025$0.148

Every income ETF going ex-dividend in the next fortnight

Method

In plain words

Since it launched on Feb 13, 2025, LQTI has returned +4.7% with distributions reinvested, against +4.7% for US investment grade bonds (LQD), used as the proxy, and has paid out 13.4% of its starting value in cash along the way. It pays monthly, and at its current price the latest distribution annualizes to 9.2%. No Rule 19a-1 notice has been published for this fund, so there is no issuer estimate of how much of its distributions was a return of capital.

LQTI (FT Vest Investment Grade & Target Income ETF), income ETFs fields as of Sep 18, 2026. Source: ETFIQ.
Strategyoption income
BenchmarkUS investment grade bonds (LQD), used as the proxy (proxy)
Paysmonthly
Net assets (issuer page, as of Sep 18, 2026)$242m
Latest payout, annualized (ETFIQ)9.2%
Expense ratio (485BPOS XBRL, Feb 27, 2026)0.65%
Cash paid, last 12 months, over today’s price (ETFIQ)9.4%
LaunchedFeb 13, 2025
Paysmonthly
Typical gap between ex-dates30 days
Typical wait from ex-date to payment2 days
Last paid, per share$0.1411 ex Sep 1, 2026
Sum of the last 12 distributions$1.7405

Every figure is an ETFIQ calculation from exchange prices and cash distributions (Tiingo end-of-day), total return with distributions reinvested. Return of capital is the issuer’s estimate. How these figures are computed

Questions people ask

How much has LQTI paid over the last year?
Over the year to Sep 18, 2026, LQTI paid 8.5% of its starting price in cash distributions, while the price fell 9.7%.
Is LQTI ahead of LQD?
Over the year to Sep 18, 2026, with every distribution reinvested, LQTI returned −1.4% against −2.0% for US investment grade bonds (LQD), used as the proxy, so a holder was ahead of it by 0.6 points.
How often does LQTI pay, and how much?
LQTI pays monthly. The latest distribution annualizes to 9.2% at its price on Sep 18, 2026, which is not a promise; the next one can differ.
When does LQTI next pay a distribution?
LQTI pays monthly. The last distribution went ex on Sep 1, 2026 at $0.1411 a share. The next is not declared; on a cadence of about 30 days the ex-date falls near Oct 1, 2026, which is an ETFIQ projection. Payment usually follows the ex-date by 2 days.
What does LQTI cost?
The prospectus expense ratio is 0.65% a year.

The words on this page

Total return
What a holder actually ended up with: price change plus every distribution, reinvested. The only figure that answers whether you came out ahead.
Cash paid
Distributions over the window as a share of what the fund cost at the start. A measure of cash delivered, not of return: a fund can pay a great deal and still lose money.
Ahead or behind
The fund’s total return minus the benchmark’s over exactly the same days, in percentage points. Both sides reinvest.
Return of capital
The issuer’s own estimate, in a Rule 19a-1 notice, of how much of a distribution was your own money returned. An estimate and a tax characterization, not a measure of erosion.
Covered call
Selling call options on shares the fund holds. It collects a premium and gives up the gains above the strike, which is why these funds pay well and lag a rising market.

Every term used here, defined in full on the income ETFs vocabulary page.

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

Compare LQTI

Also against HYBL, HYGM, HYGW, HYTI, LQDM, LQDW, LTTI, TLTI, TLTP, TLTW, TLTX, TSYW.

Funds near this one

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LQTI payout bar, ETFIQ

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Where LQTI is written about

LQTI, Income ETFs, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. ETFIQ is an independent publisher, is not a fund issuer, broker-dealer or investment adviser, and makes no recommendations.
Use this data, or open the live card

Open LQTI live on ETFIQ, where the figures refresh with the data.

Cite this page. ETFIQ, LQTI, income ETFs, data as of Sep 18, 2026. https://etfiq.com/funds/lqti Free to use with attribution; the underlying files are at Open data.

How these figures are computed · Standards and sources