Key stats
About FT Vest S&P 500 Dividend Aristocrats Target Income ETF
Expense ratio
0.75%
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Inception date
Mar 26, 2018
KNG employs an adjusted buy-write strategy on a dividend-focused portfolio. The equal-weighted portfolio is made up of companies from the S&P 500 that have increased dividends for each of the last 25 years. The fund writes covered call options on these stocks, which generates additional income but limits the upside of the portfolio. Rather than writing calls on the entire notional value of the funds stock holdings, KNG aims for combined income from dividends and call options that is 3% higher than the yield on the S&P 500. The covered call overlay is limited to 20% of the notional value. The index is reconstituted annually and rebalanced quarterly. Prior to being acquired by First Trust on March 1, 2021, the fund was managed by Cboe Vest Financial.
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
Consumer Non-Durables
Finance
Process Industries
Producer Manufacturing
Stocks100.43%
Consumer Non-Durables18.20%
Finance13.35%
Process Industries12.08%
Producer Manufacturing10.42%
Health Technology8.77%
Distribution Services7.38%
Utilities4.57%
Retail Trade4.45%
Technology Services4.28%
Transportation3.01%
Consumer Services2.98%
Energy Minerals2.97%
Electronic Technology2.96%
Consumer Durables1.52%
Commercial Services1.52%
Non-Energy Minerals1.46%
Bonds, Cash & Other−0.43%
Mutual fund0.07%
Cash0.01%
Miscellaneous−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