Key stats
About FT Vest SMID Rising Dividend Achievers Target Income ETF
Expense ratio
0.85%
Home page
Inception date
Aug 9, 2023
SDVD aims for an 8% annual distribution, before fees and expenses, over the annual dividend yield of the Russell 2000 Index. However, the delivery of the target income is not assured. Distributions stem from dividends from small- and mid-cap companies within the Nasdaq US Small-Mid Cap Rising Dividend Achievers Index and premiums from selling naked index call options. These options are European style, written at-the-money, and will have expirations of less than 30 days. Each week, SDVD attempts to bridge the difference between the dividend income of its equity portfolio and its target distribution by selling at-the-money, naked call options on the Russell 2000 Index or related ETFs. The income from stock dividends and option premiums is expected to be distributed monthly. Investors should be aware that selling naked index call options carries a high level of risk.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Producer Manufacturing
Stocks100.41%
Finance34.41%
Producer Manufacturing11.19%
Consumer Durables6.89%
Electronic Technology6.31%
Process Industries5.27%
Energy Minerals5.19%
Industrial Services5.15%
Commercial Services5.12%
Non-Energy Minerals4.52%
Retail Trade3.56%
Consumer Non-Durables3.25%
Transportation3.18%
Miscellaneous1.46%
Utilities1.20%
Technology Services1.14%
Consumer Services1.09%
Distribution Services0.98%
Bonds, Cash & Other−0.41%
Cash0.10%
Rights & Warrants−0.51%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history