ETF profile
FT Vest Rising Dividend Achievers Target Income ETF logo

FT Vest Rising Dividend Achievers Target Income ETF (RDVI)

ETF overview

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.

CountryUnited States of America
ExchangeCBOE
Trades inUSD
Current price
28.17 USD-0.42%
Close 21 Oct 2026
Interval
Benchmarks

Fund facts

Expense ratio
0.75%
Fund assets
3.81B USD (all share classes)
Issuer
First Trust
Inception date
Oct 19, 2022
Number of holdings
73

Breakdown

Holdings (73)

NameTickerWeight
The Travelers Companies, Inc.TRV2.37%
Automatic Data Processing, Inc.ADP2.28%
Visa Inc. (Class A)V2.26%
Expedia Group, Inc.EXPE2.21%
Microsoft CorporationMSFT2.20%
Meta Platforms, Inc. (Class A)META2.17%
Ross Stores, Inc.ROST2.15%
GE Vernova Inc.GEV2.15%
Accenture plcACN2.14%
Chubb LimitedCB2.13%
and 60 more

Historical returns do not guarantee future returns. This is not investment advice.

FT Vest Rising Dividend Achievers Target Income ETF (RDVI)

RDVI · CBOE
28.17 USD-0.42%
Sign up to track this ETF
Benchmarks
Fund facts
Expense ratio
0.75%
Fund assets
3.81B USD (all share classes)
Issuer
First Trust
Inception date
Oct 19, 2022
Number of holdings
73
Breakdown
Holdings (73)
NameTickerWeight
The Travelers Companies, Inc.TRV2.37%
Automatic Data Processing, Inc.ADP2.28%
Visa Inc. (Class A)V2.26%
Expedia Group, Inc.EXPE2.21%
Microsoft CorporationMSFT2.20%
Meta Platforms, Inc. (Class A)META2.17%
Ross Stores, Inc.ROST2.15%
GE Vernova Inc.GEV2.15%
Accenture plcACN2.14%
Chubb LimitedCB2.13%
and 60 more
ETF overview

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.

CountryUnited States of America
Trades inUSD

Historical returns do not guarantee future returns. This is not investment advice.

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