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First Trust files a 485BPOS for six FT Vest single-stock income series

First Trust Exchange-Traded Fund IV filed a Rule 485(b) post-effective amendment on September 11, 2026, listing six unlisted FT Vest single-stock target-income series as of September 14.

· 2 min read · By ETF.net Research

An open, light blue expanding file box filled with sorted document folders sitting on a wooden desk.

Key takeaways

  • First Trust has moved six unlisted FT Vest single-stock target-income ETFs to the step that lets shares be offered.
  • The funds pair a covered-call income mandate with one big-cap name each, from AMD and Amazon to Palantir.
  • A 485(b) amendment is not a listing or a launch, and none of the six tickers trade yet.
  • This is the follow-on batch to four funds in the same sleeve that listed in August.

The Friday paper is the kind of amendment an issuer files when it is ready to offer a new series, not when it is rewriting one you already hold. The concrete commitment is in an exhibit: Schedule II to the trust’s Bank of New York Mellon custody agreement, dated as of Monday, September 14, names six FT Vest single-stock target-income series that do not yet trade.

FundTickerNamed stock
FT Vest AMD & Target Income ETFXVADAdvanced Micro Devices
FT Vest AMZN & Target Income ETFXVAZAmazon
FT Vest GOOG & Target Income ETFXVGLAlphabet
FT Vest META & Target Income ETFXVMTMeta Platforms
FT Vest MSFT & Target Income ETFXVMSMicrosoft
FT Vest PLTR & Target Income ETFXVPTPalantir

Those six names sat in registration as far back as December 2025. A 485BPOS under Rule 485(b) is the later step that typically makes a prospectus effective so shares can be offered. It is not a listing, and it is not a launch. As of Monday morning, none of the six tickers had a quoted market.

First Trust already listed four funds in this single-stock target-income sleeve in August: FT Vest AAPL & Target Income ETF XVAP, FT Vest NVDA & Target Income ETF XVNV, FT Vest TSLA & Target Income ETF XVTS, and FT Vest SPCX & Target Income ETF XVSP. This filing is the next batch of the same idea, still on paper.

The registrant is First Trust Exchange-Traded Fund IV, the Massachusetts trust that already houses the issuer’s senior-loan, energy-infrastructure and other target-income ETFs. Nothing in the Friday amendment, on the exhibit that can be read, changes the fees or mandates of those existing funds. Whether any of the six list, on which exchange, and at what expense ratio, is a later fact. Registrations get amended, and launches slip.

ETFs in this story

—XVAPFirst Trust Exchange-Traded Fund IV - FT Vest APPL & Target Income ETF—XVNVFirst Trust Exchange-Traded Fund IV - FT Vest NVDA & Target Income ETF—XVTSFirst Trust Exchange-Traded Fund IV - FT Vest TSLA & Target Income ETF—XVSPFirst Trust Exchange-Traded Fund IV - FT Vest SPCX & Target Income ETF

Frequently asked questions

Can I buy these funds now?

No: as of Monday morning none of the six tickers had a quoted market.

Which stocks do the six funds name?

Advanced Micro Devices, Amazon, Alphabet, Meta Platforms, Microsoft and Palantir.

Does this change anything for existing First Trust funds in the trust?

Nothing in the amendment, on the exhibit that can be read, changes the fees or mandates of the trust's existing funds.

What do we still not know?

Whether any of the six actually list, on which exchange, and at what expense ratio.

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