FT Vest Rising Dividend Achievers Target Income ETF (RDVI)

BATS: RDVI · Real-Time Price · USD
24.45
-0.40 (-1.61%)
Oct 31, 2024, 4:00 PM EDT - Market closed
-1.61%
Assets $1.43B
Expense Ratio 0.75%
PE Ratio 10.09
Shares Out 57.95M
Dividend (ttm) $2.05
Dividend Yield 8.39%
Ex-Dividend Date Oct 22, 2024
Payout Ratio 84.65%
1-Year Return +22.13%
Volume 544,796
Open 24.89
Previous Close 24.85
Day's Range 24.45 - 24.89
52-Week Low 20.25
52-Week High 25.34
Beta 1.00
Holdings 53
Inception Date Oct 19, 2022

About RDVI

Fund Home Page

The FT Vest Rising Dividend Achievers Target Income ETF (RDVI) is an exchange-traded fund that is based on the NASDAQ US Rising Dividend Achievers index. The fund seeks a target level of current income and capital appreciation by holding a portfolio of dividend-paying US equities, while utilizing a naked call writing strategy on the S&P 500 Index or related ETF. The fund is actively managed. RDVI was launched on Oct 19, 2022 and is issued by First Trust.

Asset Class Equity
Category Derivative Income
Region North America
Stock Exchange BATS
Ticker Symbol RDVI
ETF Provider First Trust
Index Tracked NASDAQ US Rising Dividend Achievers

Top 10 Holdings

21.81% of assets
Name Symbol Weight
East West Bancorp, Inc. EWBC 2.32%
Snap-on Incorporated SNA 2.30%
Steel Dynamics, Inc. STLD 2.22%
Mueller Industries, Inc. MLI 2.19%
Jackson Financial Inc. JXN 2.17%
Synchrony Financial SYF 2.13%
M&T Bank Corporation MTB 2.13%
Expand Energy Corp Ordinary Shares - New CHK 2.12%
Accenture plc ACN 2.11%
Equitable Holdings, Inc. EQH 2.11%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Oct 22, 2024 $0.1812 Oct 31, 2024
Sep 26, 2024 $0.1774 Sep 30, 2024
Aug 21, 2024 $0.1741 Aug 30, 2024
Jul 23, 2024 $0.1764 Jul 31, 2024
Jun 27, 2024 $0.1709 Jun 28, 2024
May 21, 2024 $0.174 May 31, 2024
Full Dividend History

News

First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. ("FTA") announces the declaration of the monthly distributions for certain exchange-traded funds advised by FTA.

10 days ago - Business Wire

RDVI: Dividend-Growth ETF With 8% Yield

FT Cboe Vest Rising Dividend Achievers Target Income ETF holds 50 dividend-growth stocks and sells S&P 500 call options for income. The RDVI ETF is well-diversified across holdings thanks to an equal-...

3 months ago - Seeking Alpha

RDVI: Dividends Juiced By Options Writing

FT Vest Rising Dividend Achievers Target Income ETF is an actively managed fund that generates income by writing call options on US exchange-traded assets. RDVI's top holdings include Williams-Sonoma,...

6 months ago - Seeking Alpha

RDVI: Buy-Write ETF Looking Good Among Peers

FT Cboe Vest Rising Dividend Achievers Target Income ETF combines a dividend growth portfolio and an index options strategy to provide income. It is overweight in financials, but well-diversified acro...

9 months ago - Seeking Alpha

RDVI: Avoid This Complex ETF

The FT Cboe Vest Rising Dividend Achievers Target Income ETF (RDVI) aims to provide current income and capital appreciation. It carries a relatively high expense ratio of 0.75%. The fund has underperf...

1 year ago - Seeking Alpha

RDVI: Add It To A Watchlist And Consider These

RDVI is an interesting ETF to monitor because of its methodology and attractive monthly distributions. However, its high fees and short track record are discouraging. Consider adding it to a watchlist...

1 year ago - Seeking Alpha

First Trust Launches the FT Cboe Vest Rising Dividend Achievers Target Income ETF, Targeting Income with Growth Potential

First Trust introduces its third Cboe Vest Target Income ETF designed to address the need for alternative sources of income

2 years ago - Business Wire