Key stats
About FT Vest Gold Strategy Quarterly Buffer ETF
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Inception date
Jan 20, 2021
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
BGLD uses FLEX options, short-term Treasurys and cash-like investments in an effort to moderate losses on price movement on the SPDR Gold Trust ETF (ticker: GLD) over a three-month period. For tax purposes, the fund does not hold the FLEX options or gold directly but gets its exposure through a wholly-owned Cayman Island subsidiary. BGLD compensates for GLDs losses between 5% and 15%, beyond it, the fund will experience all subsequent losses on a one-to-one basis. In exchange for preventing realization of GLDs losses, investors forego upside participation above a certain threshold, which is reset quarterly. Investors who buy at any other time than the quarterly reset day may have a very different protection and buffer zone. The issuer publishes effective interim levels daily on its website. The fund must be held to the end of the period to achieve the intended results. The targeted buffers and caps do not include the funds expense ratio.
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
Government
Mutual fund
Bonds, Cash & Other100.00%
Government78.59%
Mutual fund21.41%
Miscellaneous−0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
BGLD last dividends amounted to 4.60 USD. The year before, the issuer paid 1.97 USD in dividends, which shows a 57.04% increase.
BGLD assets under management is 64.13 M USD. It's fallen 1.05% over the last month.
BGLD fund flows account for 39.65 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, BGLD pays dividends to its holders with the dividend yield of 21.56%. The last dividend (Dec 3, 2024) amounted to 4.60 USD. The dividends are paid annually.
BGLD shares are issued by AJM Ventures LLC under the brand FT Vest. The ETF was launched on Jan 20, 2021, and its management style is Active.
BGLD expense ratio is 0.91% meaning you'd have to pay 0.91% of your investment to help manage the fund.
BGLD follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BGLD invests in bonds.
BGLD price has risen by 0.42% over the last month, and its yearly performance shows a 5.37% increase. See more dynamics on BGLD price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.63% over the last month, showed a 6.70% increase in three-month performance and has increased by 31.58% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.63% over the last month, showed a 6.70% increase in three-month performance and has increased by 31.58% in a year.
BGLD trades at a premium (0.30%) meaning the ETF is trading at a higher price than the calculated NAV.