FT Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG)
| Assets | $3.54B |
| Expense Ratio | 0.75% |
| PE Ratio | 22.55 |
| Shares Out | 66.38M |
| Dividend (ttm) | $4.54 |
| Dividend Yield | 8.54% |
| Ex-Dividend Date | Oct 22, 2024 |
| Payout Ratio | 191.56% |
| 1-Year Return | +7.30% |
| Volume | 421,347 |
| Open | 53.15 |
| Previous Close | 53.20 |
| Day's Range | 52.85 - 53.25 |
| 52-Week Low | 49.36 |
| 52-Week High | 55.50 |
| Beta | 0.90 |
| Holdings | 133 |
| Inception Date | Mar 26, 2018 |
About KNG
Fund Home PageThe FT Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an equal-weighted index of US large-cap companies that have increased dividends for at least 25 years, with a partial overlay of covered call options. KNG was launched on Mar 26, 2018 and is issued by First Trust.
Top 10 Holdings
16.85% of assets| Name | Symbol | Weight |
|---|---|---|
| Sysco Corporation | SYY | 1.85% |
| Emerson Electric Co. | EMR | 1.81% |
| Cincinnati Financial Corporation | CINF | 1.67% |
| Genuine Parts Company | GPC | 1.67% |
| Albemarle Corporation | ALB | 1.66% |
| Dover Corporation | DOV | 1.65% |
| W.W. Grainger, Inc. | GWW | 1.64% |
| Fastenal Company | FAST | 1.64% |
| Franklin Resources, Inc. | BEN | 1.64% |
| Church & Dwight Co., Inc. | CHD | 1.63% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 22, 2024 | $0.393 | Oct 31, 2024 |
| Sep 26, 2024 | $0.391 | Sep 30, 2024 |
| Aug 21, 2024 | $0.380 | Aug 30, 2024 |
| Jul 23, 2024 | $0.376 | Jul 31, 2024 |
| Jun 27, 2024 | $0.373 | Jun 28, 2024 |
| May 21, 2024 | $0.383 | May 31, 2024 |
News
KNG: Why Higher Implied Volatility Might Be Bullish (Rating Upgrade)
Volatility has increased ahead of the U.S. election, with the VIX rising and a slew of economic data and earnings reports expected. KNG ETF offers high option-selling premiums and a strong yield, bene...
KNG: Dividend Aristocrat Covered Call ETF
FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF offers instant diversification and a high dividend yield of 8.8% through a covered call strategy. KNG underperforms the S&P 500 due to its o...
KNG: Buy-Write ETF Lagging Peers For 3 Years
FT Cboe Vest S&P 500® Dividend Aristocrats Target Income ETF holds S&P 500 dividend aristocrats in equal-weight and sells covered calls options. KNG ETF valuation looks slightly better than the S&P 50...
KNG: A King Among Buy-Write Strategies
FT Cboe Vest S&P 500® Dividend Aristocrats Target Income ETF uses a buy-write strategy with dividend aristocrats to generate income and yield. The KNG ETF has a diversified portfolio of 67 stock holdi...
KNG: Big Yield, Unimpressive YTD Returns
Covered call ETFs have attracted over $25 billion in net flows this year, surpassing the total for 2022. The FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF is a veteran ETF in the covered...
KNG: Enhancing Dividend Aristocrat Yields With Covered Calls
First Trust Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF implements a buy-write strategy with dividend aristocrats. It is well-diversified across sectors and holdings. KNG outperforms othe...
KNG: Boosting Dividends At The Expense Of Return
KNG invests in dividend aristocrats and sells covered calls on them. About 47% of asset value is in two sectors: consumer staples and industrials.
Good Fishing In The Dividend Stream
Once upon a time, dividends played a starring role in equity markets—until 14 years of easy money whetted investors' appetite for risk and created a massive tailwind for unprofitable, long-duration gr...
Oversold-Overbought Watch: S&P 500 Index - February 21, 2023
The S&P 500 Index has rebounded sharply off its previous low in October, closing up 14% on Feb. 17 since October's trough. The market could continue to rally, of course.
KNG: Showing Resilience In 2022
The KNG ETF holds a portfolio of dividend aristocrats and sells covered calls. Consumer staples and industrials are the top sectors, weighing over 40% together.
KNG: Covered Calls And Dividend Aristocrats
KNG is a hybrid income ETF holding dividend aristocrats and selling call options on them. Its heaviest sectors are consumer staples and industrials.
KNG: Dividend Aristocrats With A 3-4% Yield
KNG uses a small covered call strategy on the S&P 500 dividend aristocrats to produce a higher yield.
Search For Income: S&P 500 Covered Call ETFs
In searching for income, I researched the five largest S&P 500 covered call ETFs. The dividend yields of the five funds ranged from 1.09% to 9.85%.
KNG: The Dividend Aristocrats With A Yield Boost
Dividend investors looking for a high income with potentially slightly lower downside risk may want to consider KNG. This enhanced S&P 500 Dividend Aristocrats ETF writes a small number of call option...
First Trust Acquires Cboe Vest S&P 500® Dividend Aristocrats Target Income ETF® (KNG), Expanding its Lineup of Target Outcome Investments®
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“First Trust” or “FTA”) a leading exchange-traded fund (“ETF”) provider and asset manager, announced today that the reorganization of Cboe Ve...