FT Vest Rising Dividend Achievers Target Income ETF (RDVI)

BATS: RDVI · Real-Time Price · USD
23.79
+0.07 (0.30%)
Apr 1, 2025, 4:00 PM EDT - Market closed
0.30%
Assets $1.78B
Expense Ratio 0.75%
PE Ratio 14.72
Shares Out 75.65M
Dividend (ttm) $2.12
Dividend Yield 8.95%
Ex-Dividend Date Mar 27, 2025
Payout Ratio 131.98%
1-Year Return -3.10%
Volume 584,360
Open 23.57
Previous Close 23.72
Day's Range 23.46 - 23.82
52-Week Low 22.30
52-Week High 26.50
Beta 1.04
Holdings 79
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

22.25% of assets
Name Symbol Weight
Unum Group UNM 2.49%
Visa Inc. V 2.30%
The Bank of New York Mellon Corporation BK 2.30%
eBay Inc. EBAY 2.27%
The Hartford Insurance Group, Inc. HIG 2.16%
Automatic Data Processing, Inc. ADP 2.16%
Mueller Industries, Inc. MLI 2.16%
Chubb Limited CB 2.14%
Snap-on Incorporated SNA 2.14%
Booking Holdings Inc. BKNG 2.14%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Mar 27, 2025 $0.174 Mar 31, 2025
Feb 21, 2025 $0.1828 Feb 28, 2025
Jan 22, 2025 $0.1808 Jan 31, 2025
Dec 13, 2024 $0.1809 Dec 31, 2024
Nov 21, 2024 $0.1834 Nov 29, 2024
Oct 22, 2024 $0.1812 Oct 31, 2024
Full Dividend History

News

RDVI: Option ETF That Delivers Price Stability

RDVI ETF offers a mix of capital appreciation and an 8.7% dividend yield, making it attractive for income-seeking investors despite modest price gains. The fund's strategy includes a diversified portf...

3 days ago - Seeking Alpha

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-...

8 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,...

1 year 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...

1 year 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