FTCB ETF — First Trust Core Investment Grade ETF
First Trust Core Investment Grade ETF (FTCB)
FTCB is an ETF. As of August 19, 2026, its distribution rate is 4.67%, its trailing-12-month yield is 5.84%, its expense ratio is 0.56%.
At the current 4.67% distribution rate, a $10,000 investment would generate approximately $467 per year, or $38.92 per month on an equivalent basis.
First Trust Core Investment ETF is a fund that invests substantially all of its portfolio in investment-grade fixed-income securities rated Baa3/BBB- or above. The fund carries a moderate current distribution rate with monthly distributions and has an expense ratio of 0.56%. It appeals to income-focused investors seeking steady cash flow from investment-grade debt securities.
FTCB dividend yield and income
Data as of August 19, 2026.
The distribution rate (4.67%) is the latest posted forward yield, paid monthly. Trailing-12-month yield (5.84%) is the last year of payments divided by the current price. The last dividend was $0.0800. The last ex-dividend date was 07/21/2026. It was paid on 07/31/2026. At 4.67%, $10,000 would generate about $467 a year ($38.92 monthly-equivalent).
| Ex-date | Amount | vs year-ago payment |
|---|---|---|
| 2026-07-21 | $0.08 | 6.7% |
| 2026-06-25 | $0.083 | 10.7% |
| 2026-05-21 | $0.085 | 13.3% |
| 2026-04-21 | $0.09 | 20.0% |
| 2026-03-26 | $0.09 | 12.5% |
| 2026-02-20 | $0.09 | 12.5% |
| 2026-01-21 | $0.09 | 0.0% |
| 2025-12-12 | $0.174 | 93.3% |
| 2025-11-21 | $0.095 | -9.5% |
| 2025-10-21 | $0.083 | -21.0% |
| 2025-09-25 | $0.083 | -21.0% |
| 2025-08-21 | $0.075 | -28.6% |
| 2025-07-22 | $0.075 | -28.6% |
| 2025-06-26 | $0.075 | -3.8% |
| 2025-05-21 | $0.075 | -3.8% |
| 2025-04-22 | $0.075 | -3.8% |
| 2025-03-27 | $0.08 | 6.7% |
| 2025-02-21 | $0.08 | 6.7% |
| 2025-01-22 | $0.09 | 20.0% |
| 2024-12-13 | $0.09 | 20.0% |
| 2024-11-21 | $0.105 | — |
| 2024-10-22 | $0.105 | — |
| 2024-09-26 | $0.105 | — |
| 2024-08-21 | $0.105 | — |
| 2024-07-23 | $0.105 | — |
| 2024-06-27 | $0.078 | — |
| 2024-05-21 | $0.078 | — |
| 2024-04-23 | $0.078 | — |
| 2024-03-21 | $0.075 | — |
| 2024-02-21 | $0.075 | — |
| 2024-01-23 | $0.075 | — |
| 2023-12-22 | $0.075 | — |
| 2023 total | $0.075 | — |
| 2024 total | $1.074 | 1332.0% |
| 2025 total | $1.06 | -1.3% |
| 2026 YTD total | $0.608 | 10.5% |
FTCB dividend growth
Trailing-12-month distributions versus the preceding 12 months changed 12.50%. That is the seasonality-immune income comparison, not a single quarterly check versus the prior quarter. An annualized trend fit on recent payments is -38.59%. That fit can move with uneven quarterly amounts and is not the same as a trailing-12-month cut. The deepest trailing-12-month payout decline in the past five years is -5.56%.
| Window | Change |
|---|---|
| 1Y | 9.4% |
FTCB key facts
Data as of August 19, 2026.
- Issuer
- First Trust
- Asset type
- ETF
- Asset class
- Fixed Income
- Inception date
- 11/07/2023
- Expense ratio
- 0.56%
- Distribution rate
- 4.67%
- Distribution frequency
- Monthly
- Trailing yield
- 5.84%
- Last close
- $20.57
- AUM
- $2,610,611,853
- Average volume
- 1594747.0
- Last dividend
- $0.0800
- Ex-dividend date
- 07/21/2026
- Payment date
- 07/31/2026
- Beta
- 0.0
How Dividend Vision calculates yield and returns
Distribution rate (4.67%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (5.84%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 19, 2026.
Distribution rate methodology · Distribution Safety Score methodology · SEC yield
Sources and review
Data as of August 19, 2026.
Primary sources: First Trust fund 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.
Who may consider FTCB — and who may not
FTCB may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.
Frequently asked questions
Does FTCB pay monthly?
Yes. FTCB currently pays monthly.
What is FTCB's expense ratio?
FTCB's expense ratio is 0.56%.
What is FTCB's dividend yield?
FTCB currently yields 4.67%, paid monthly, with a 0.56% expense ratio.
How has FTCB's dividend grown?
Trailing-12-month distributions versus the preceding 12 months changed 12.50%. That is not a single quarter versus the prior quarter.
When does FTCB pay a dividend?
FTCB pays monthly. The last dividend was $0.0800. The last ex-dividend date was 07/21/2026. It was paid on 07/31/2026.
Is FTCB a good investment?
It currently yields 4.67%. Compare peers below rather than treating any single figure as a buy or sell.
More funds from First Trust.
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