# EDGAR Filing Document

**Accession Number:** 0001517936
**File Stem:** 0001445546-26-000754
**Filing Date:** 2026-2
**Character Count:** 6495
**Document Hash:** 1f35c2a730b3991fc5ede0e921304ed5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001445546-26-000754.hdr.sgml**: 20260202

**ACCESSION NUMBER**: 0001445546-26-000754

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 14

**FILED AS OF DATE**: 20260202

**DATE AS OF CHANGE**: 20260130

**EFFECTIVENESS DATE**: 20260202

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIRST TRUST EXCHANGE-TRADED FUND IV
- **CENTRAL INDEX KEY:** 0001517936

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-174332
- **FILM NUMBER:** 26584783

**BUSINESS ADDRESS:**
- **STREET 1:** 120 EAST LIBERTY DRIVE, SUITE 400
- **CITY:** WHEATON
- **STATE:** IL
- **ZIP:** 60187
- **BUSINESS PHONE:** 630-765-8000

**MAIL ADDRESS:**
- **STREET 1:** 120 EAST LIBERTY DRIVE, SUITE 400
- **CITY:** WHEATON
- **STATE:** IL
- **ZIP:** 60187

## Series and Classes Contracts Data

### First Trust High Income Strategic Focus ETF (Series ID: S000046109)

---

|  |  |  |
|:---|:---|:---|
| Class Name                                  | Ticker Symbol | Class ID   |
| First Trust High Income Strategic Focus ETF | HISF          | C000144296 |

---

## Series and Classes Contracts Data

### First Trust High Income Strategic Focus ETF (Series ID: S000046109)

| Class ID   | Class Name                                  | Ticker Symbol   |
|:---|:---|:---|
| C000144296 | First Trust High Income Strategic Focus ETF | HISF            |

?xml version='1.0' encoding='ASCII'? EDGAR HTML

Rule 497(e)

Registration Nos. 333-174332 and 811-22559

First Trust Exchange-Traded Fund IV

(the *"Trust"*)

First Trust High Income Strategic Focus ETF

(the *"Fund"*)

Supplement to the Fund's Prospectus and Statement of Additional Information

DATED FEBRUARY 1, 2026

Notwithstanding anything to the contrary in the Fund's Prospectus or Statement of Additional Information, effective February 1, 2026, the Fund's annual unitary management fee will be reduced to 0.10% of the Fund's average daily net assets.

Accordingly, at such time, the "Fees and Expenses of the Fund" section in the Fund's prospectus is replaced in its entirety with the following:

**Fees and Expenses of the Fund**

The following table describes the fees and expenses you may pay if you buy, hold and sell shares of the Fund. **Investors may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in the table and example below.**

**Shareholder Fees** (fees paid directly from your investment)

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

**Annual Fund Operating Expenses** (expenses that you pay each year as a percentage of the value of your investment)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;Management Fees | &nbsp;&nbsp;&nbsp;&nbsp;Management Fees | &nbsp;&nbsp;&nbsp;0.10% |
| &nbsp;&nbsp;&nbsp;&nbsp;Distribution and Service (12b-1) Fees | &nbsp;&nbsp;&nbsp;&nbsp;Distribution and Service (12b-1) Fees | &nbsp;&nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;&nbsp;&nbsp;Other Expenses | &nbsp;&nbsp;&nbsp;&nbsp;Other Expenses | &nbsp;&nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;&nbsp;&nbsp;Acquired Fund Fees and Expenses | &nbsp;&nbsp;&nbsp;&nbsp;Acquired Fund Fees and Expenses | &nbsp;&nbsp;&nbsp;0.68% |
| &nbsp;&nbsp;&nbsp;&nbsp;Total Annual Fund Operating Expenses | &nbsp;&nbsp;&nbsp;&nbsp;Total Annual Fund Operating Expenses | &nbsp;&nbsp;&nbsp;0.78% |
| &nbsp;&nbsp;&nbsp;&nbsp;Fee Waiver and Expense Reimbursement(1) | &nbsp;&nbsp;&nbsp;&nbsp;Fee Waiver and Expense Reimbursement(1) | &nbsp;&nbsp;&nbsp;0.00% |
| &nbsp;&nbsp;&nbsp;&nbsp;Net Annual Fund Operating Expenses | &nbsp;&nbsp;&nbsp;&nbsp;Net Annual Fund Operating Expenses | &nbsp;&nbsp;&nbsp;0.78% |
| *(1)* | *First Trust Advisors L.P., the Fund's investment advisor, has agreed to waive fees and/or reimburse Fund expenses to the extent that the operating expenses of the Fund (excluding interest expense, brokerage commissions and other trading expenses, taxes and extraordinary expenses) exceed 0.87% of its average daily net assets (the "Expense Cap") at least through March 1, 2026. The agreement may be terminated by the Trust, on behalf of the Fund, at any time and by the Fund's investment advisor only after March 1, 2026 upon 60 days' written notice.* | *First Trust Advisors L.P., the Fund's investment advisor, has agreed to waive fees and/or reimburse Fund expenses to the extent that the operating expenses of the Fund (excluding interest expense, brokerage commissions and other trading expenses, taxes and extraordinary expenses) exceed 0.87% of its average daily net assets (the "Expense Cap") at least through March 1, 2026. The agreement may be terminated by the Trust, on behalf of the Fund, at any time and by the Fund's investment advisor only after March 1, 2026 upon 60 days' written notice.* |

---

***Example***

The example below is intended to help you compare the cost of investing in the Fund with the cost of investing in other funds.

The example assumes that you invest $10,000 in the Fund for the time periods indicated and then hold or sell all of your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund's operating expenses remain at current levels. The example assumes that the Fund's investment advisor's agreement to waive fees and/or pay the Fund's expenses to the extent necessary to prevent the operating expenses of the Fund (excluding interest expense, brokerage commissions and other trading expenses, taxes, and extraordinary expenses) from exceeding 0.87% of average daily net assets will be terminated following March 1, 2026. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**1 Year** | &nbsp;&nbsp;**3 Years** | &nbsp;&nbsp;**5 Years** | &nbsp;&nbsp;**10 Years** |
| &nbsp;&nbsp;$80 | &nbsp;&nbsp;$249 | &nbsp;&nbsp;$433 | &nbsp;&nbsp;$966 |

---

Additionally, the Fund is no longer eligible for any breakpoint discounts described in the Fund's prospectus or statement of additional information. Accordingly, any reference to such breakpoint discounts in the Fund's prospectus or statement of additional information is removed in its entirety.

Please Keep this Supplement with your Fund's Prospectus

and Statement of Additional Information for Future Reference