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FT Vest Rising Dividend Achievers Target Income ETF (RDVI): ETF

ETF traded on BATS under symbol RDVI. Quoted in usd.

FT Vest Rising Dividend Achievers Target Income ETF logo

FT Vest Rising Dividend Achievers Target Income ETF

-1.17%$27.81
BATS:RDVIMulti-Asset
AUM $3.76B·YTD --·Yield --
FT Vest Rising Dividend Achievers Target Income ETF logoBATS:RDVI$27.81-1.17%
About RDVI

RDVI aims to provide income at an annual rate of 8%, before fees and expenses, over the annual dividend yield of the S&P 500 Index. The sources for income stem from dividends from individual equity positions and premiums from selling naked call options. Selecting the portfolio involves screening a broad market index for those that have a history of raising their dividends, while exhibiting characteristics to continue to do so. Each week, RDVI 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 S&P 500 Index or related ETFs. The income from dividends and option premiums are expected to be distributed monthly. Investors should note that naked call writing, or selling call options without owning the underlying asset, is a high-risk options strategy. The fund is actively managed however, there is no guarantee the fund will deliver the target income.

Largest holdings

  1. TRV The Travelers Companies, Inc.2.44%
  2. ADP Automatic Data Processing, Inc.2.42%
  3. ACN Accenture plc2.34%
  4. V Visa Inc. (Class A)2.31%
  5. EXPE Expedia Group, Inc.2.23%
  6. MSFT Microsoft Corporation2.21%
  7. ALL The Allstate Corporation2.19%
  8. VLTO Veralto Corporation2.13%
  9. CB Chubb Limited2.12%
  10. BNY The Bank of New York Mellon Corporation2.12%
Full holdings, sectors and countries
Dividend History
Benchmark Comparison
Compared against
Performance Returns
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Total Invested
$70,000
Final Portfolio
$108,346
Total Return
+$38,346
(+54.8%)
Dividends Reinvested
$0
compounded into portfolio
Defaults are seeded from historical performance and trailing twelve-month yield. Past performance is not a forecast. Feel free to adjust any input to model your own assumptions.
ETF Key Metrics
AUM$3.76B
NAV$27.81
Premium/DiscountAt NAV
Expense Ratio0.75%
Market Cap$3.43B
Shares Outstanding122.25M
Inception DateOct. 19, 2022
Fund Details
IssuerFirst Trust
Asset ClassMulti-Asset
Beta0.85
SectorFinancial Services
DomicileUS
52-Week Range
$24.77$30.09
Current: $27.81
Volume
Volume1.10M
Avg Volume1.12M
Vol/Avg0.98x

30d

1.85M

60d

1.58M

90d

1.28M

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