FT Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG)

BATS: KNG · Real-Time Price · USD
53.89
-0.21 (-0.39%)
Sep 18, 2024, 4:00 PM EDT - Market closed
-0.39%
Assets $3.34B
Expense Ratio 0.75%
PE Ratio 22.83
Shares Out 61.73M
Dividend (ttm) $4.50
Dividend Yield 8.35%
Ex-Dividend Date Aug 21, 2024
Payout Ratio 191.15%
1-Year Return +4.40%
Volume 185,852
Open 54.08
Previous Close 54.10
Day's Range 53.89 - 54.46
52-Week Low 46.51
52-Week High 54.46
Beta 0.90
Holdings 134
Inception Date Mar 26, 2018

About KNG

Fund Home Page

The 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.

Asset Class Equity
Category Derivative Income
Region North America
Stock Exchange BATS
Ticker Symbol KNG
ETF Provider First Trust
Index Tracked Cboe S&P 500 Dividend Aristocrats Target Income Monthly Series

Top 10 Holdings

16.89% of assets
Name Symbol Weight
Kenvue Inc. KVUE 1.84%
The Clorox Company CLX 1.76%
Stanley Black & Decker, Inc. SWK 1.70%
Cardinal Health, Inc. CAH 1.68%
McDonald's Corporation MCD 1.68%
Aflac Incorporated AFL 1.67%
International Business Machines Corporation IBM 1.67%
Cincinnati Financial Corporation CINF 1.63%
The Sherwin-Williams Company SHW 1.63%
McCormick & Company, Incorporated MKC 1.63%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Aug 21, 2024 $0.3802 Aug 30, 2024
Jul 23, 2024 $0.3757 Jul 31, 2024
Jun 27, 2024 $0.373 Jun 28, 2024
May 21, 2024 $0.3829 May 31, 2024
Apr 23, 2024 $0.3741 Apr 30, 2024
Mar 21, 2024 $0.3821 Mar 28, 2024
Full Dividend History

News

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...

7 weeks ago - Seeking Alpha

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...

4 months ago - Seeking Alpha

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...

6 months ago - Seeking Alpha

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...

9 months ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

KNG: Not The Buy/Write ETF King

KNG employs a buy/write strategy quite successfully, considering the small opportunity cost in relation to market total returns and the decent dividend yield over the years.

1 year ago - Seeking Alpha

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.

1 year ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

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.

1 year ago - Seeking Alpha

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.

2 years ago - Seeking Alpha

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.

2 years ago - Seeking Alpha

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.

2 years ago - Seeking Alpha

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%.

Other symbols: DIVOPBPXYLD
3 years ago - Seeking Alpha

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...

3 years ago - Seeking Alpha

KNG: Hybrid Income ETF Review

KNG strategy and performance.

3 years ago - Seeking Alpha

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...

Other symbols: CBOE
3 years ago - Business Wire