FFLX ETF — First Trust Flexible Income ETF

First Trust Flexible Income ETF (FFLX)

Updated October 16, 2026.

FFLX is an ETF. its distribution rate is 6.22%, its trailing-12-month yield is 1.04%, its expense ratio is 0.65%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is -1.2% over the past 0.2 years, 0.2 points behind SPY at -1.0%.

First Trust Flexible Income ETF is an actively managed ETF that seeks to maximize current income. It invests at least half of its net assets in U.S. and non-U.S. corporate debt, investment grade and below, and in bank loans, including first lien senior secured floating and fixed rate loans, and it is non-diversified. The fund began trading on August 10, 2026, when First Trust reorganized the closed-end First Trust Senior Floating Rate Income Fund II (FCT) into it, and it pays distributions monthly with a 0.65% expense ratio.

FFLX performance versus SPY

Price and return data through 2026-10-16.

Total return is -1.2% over the past 0.2 years, 0.2 points behind SPY at -1.0%.

FFLX key facts

Distribution Safety Score™

50 · Unproven

Issuer

First Trust

Asset type

ETF

Asset class

Fixed Income

Inception date

08/10/2026

Listing date

08/10/2026

Expense ratio

0.65%

Distribution rate

6.22%

Distribution frequency

Monthly

Trailing yield

1.04%

Last close

$9.46 (as of 2026-10-16)

Average volume

150453.0

Dividend

$0.049

Ex-dividend date

09/24/2026

Payment date

09/30/2026

AUM unavailable in this published snapshot. Missing values do not mean zero or complete coverage. ?

How Dividend Vision calculates yield and returns

Distribution rate (6.22%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (1.04%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: First Trust or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

FFLX risks and drawbacks

Total return has trailed SPY over the available window.

Who may consider FFLX — and who may not

It is a weaker fit for investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on FFLX

• All tickers starting with F

Tagged: Active, Bonds, Credit, Fixed Income, Floating Rate.

Frequently asked questions

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