# First Trust US Equity Income UCITS ETF A USD Exchange Traded Fund (UINC) **Page:** https://fundology.uk/fund/uinc · ISIN IE00BZBW4Z27 ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 13/11/2026, UINC (First Trust US Equity Income UCITS ETF A USD Exchange Traded Fund, ISIN IE00BZBW4Z27) closed at £32.26 on the London Stock Exchange. Its ongoing charge is 0.55% a year (about £55 on £10,000). Over the five years to 13/11/2026 its total return was +59.3%, or +24.4% after UK CPIH inflation. ## Summary First Trust Global Funds ICAV - First Trust US Equity Income UCITS ETF A USD Exchange Traded Fund is an exchange-traded fund (ETF) from First Trust, launched in 2016. It tracks the NASDAQ US High Equity Income Net Total Return Index - USD. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.55% a year — about £55 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is paid out to holders as cash, usually a few times a year. Latest close: **£32.26** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | UINC | | ISIN | IE00BZBW4Z27 | | Also listed as | UIND (London Stock Exchange, US dollars) | | Category | Dividend & income | | Type | ETF | | Provider | First Trust | | Tracks | NASDAQ US High Equity Income Net Total Return Index - USD | | Income | Distributing | | Ongoing charge | 0.55% a year (£55 per £10,000) | | Fund size | £355m | | Launched | 2016 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 14/04/2016 | ## Past returns (periods to 13/11/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +27.88% | +23.36% | income reinvested | | 3 years | +53.62% | +38.79% | income reinvested | | 5 years | +59.32% | +24.36% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of First Trust Global Funds ICAV - First Trust US Equity Income UCITS ETF A USD Exchange Traded Fund in pounds (price only, income paid out not included): 2022 +0.9%, 2023 +6.9%, 2024 +7.1%, 2025 −4.9%; 2026 to 13/11/2026 +25.2%. Returns of First Trust Global Funds ICAV - First Trust US Equity Income UCITS ETF A USD Exchange Traded Fund in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +14.3%; to 30/09/2025: −0.2%; to 30/09/2024: +8.7%; to 30/09/2023: +0.9%; to 30/09/2022: +7.7%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | +0.9% | -7.6% | Price | | 2023 | +6.9% | +2.7% | Price | | 2024 | +7.1% | +3.4% | Price | | 2025 | -4.9% | -8.2% | Price | | 2026 to 13/11/2026 | +25.2% | +21.2% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 11.72% | -5.73% | | 3 years | 14.92% | -22.60% | | 5 years | 16.18% | -22.60% | ## Largest fall Volatility of First Trust Global Funds ICAV - First Trust US Equity Income UCITS ETF A USD Exchange Traded Fund in pounds, annualised from weekly returns to 13/11/2026: 11.7% over 1 year, 14.9% over 3 years, 16.2% over 5 years. Largest fall in the price of First Trust Global Funds ICAV - First Trust US Equity Income UCITS ETF A USD Exchange Traded Fund since November 2021, in pounds: −22.6% from 22/11/2024 to 11/04/2025. The lowest 12-month return of First Trust Global Funds ICAV - First Trust US Equity Income UCITS ETF A USD Exchange Traded Fund in pounds (price only, income paid out not included) since January 2021 was −13.6% (12 months to 12/05/2023); the highest was +27.6% (12 months to 28/01/2022). On 13/11/2026 the price of First Trust Global Funds ICAV - First Trust US Equity Income UCITS ETF A USD Exchange Traded Fund was at its highest weekly close since November 2021, in pounds. ## Charges compared with similar funds Ongoing charge of First Trust Global Funds ICAV - First Trust US Equity Income UCITS ETF A USD Exchange Traded Fund 0.55% a year. Compared on 14/11/2026, 13 of the 109 other dividend and income funds charge more, 4 the same and 92 less (share classes counted once). ## Funds tracking the same index 3 funds track NASDAQ US High Equity Income Net Total Return Index - USD, this one included and share classes counted once; their ongoing charges range from 0.55% to 0.55% a year (13/11/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | First Trust Global Funds ICAV - First Trust US Equity Income UCITS ETF A USD Exchange Traded Fund (this fund) | 0.55% | +27.9% | +53.6% | +59.3% | | First Trust Global Funds ICAV - First Trust US Equity Income UCITS ETF Accum B USD Exchange Traded Fund | 0.55% | +29.8% | +56.5% | +62.8% | | First Trust Global Funds ICAV - First Trust US Equity Income UCITS ETF D GBP | 0.55% | +30.0% | — | — | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.55%** per year - Stocks and shares ISA eligible: usually (check with your platform) - SIPP eligible: usually (check with your provider) - ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify. ## Questions people ask **What is the ongoing charge of UINC?** The ongoing charge of UINC is 0.55% a year — about £55 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of First Trust Global Funds ICAV - First Trust US Equity Income UCITS ETF A USD Exchange Traded Fund 0.55% a year. Compared on 14/11/2026, 13 of the 109 other dividend and income funds charge more, 4 the same and 92 less (share classes counted once). **What does UINC track?** UINC tracks the NASDAQ US High Equity Income Net Total Return Index - USD. **Is UINC accumulating or distributing?** UINC is distributing: income is paid out to holders as cash, usually a few times a year. It pays out quarterly. **What is the ISIN of UINC?** The ISIN of UINC is IE00BZBW4Z27. An ISIN identifies one exact share class of a fund; UINC is its ticker on the London Stock Exchange. The same share class is also listed as UIND (London Stock Exchange, US dollars). **What were UINC’s returns in each of the last five years?** Calendar-year returns of UINC in pounds (price only, income paid out not included): 2022 +0.9%, 2023 +6.9%, 2024 +7.1%, 2025 −4.9%; 2026 to 13/11/2026 +25.2%. Past performance is not a guide to future returns. **How has UINC done after inflation?** Over the five years to 13/11/2026 UINC’s total return was +59.3%, or +24.4% after UK CPIH inflation. Past performance is not a guide to future returns. --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.