FT Vest Rising Dividend Achievers Target Income ETF (RDVI)
| Assets | $1.53B |
| Expense Ratio | 0.75% |
| PE Ratio | 13.01 |
| Shares Out | 63.85M |
| Dividend (ttm) | $2.09 |
| Dividend Yield | 8.61% |
| Ex-Dividend Date | Dec 13, 2024 |
| Payout Ratio | 111.98% |
| 1-Year Return | +4.52% |
| Volume | 362,445 |
| Open | 23.96 |
| Previous Close | 24.00 |
| Day's Range | 23.86 - 24.44 |
| 52-Week Low | 22.14 |
| 52-Week High | 26.50 |
| Beta | 1.03 |
| Holdings | 53 |
| Inception Date | Oct 19, 2022 |
About RDVI
Fund Home PageThe 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.
Top 10 Holdings
23.53% of assets| Name | Symbol | Weight |
|---|---|---|
| Synchrony Financial | SYF | 2.49% |
| SLM Corporation | SLM | 2.46% |
| Williams-Sonoma, Inc. | WSM | 2.38% |
| Garmin Ltd. | GRMN | 2.37% |
| Expand Energy Corp Ordinary Shares - New | CHK | 2.37% |
| Discover Financial Services | DFS | 2.36% |
| Snap-on Incorporated | SNA | 2.36% |
| Capital One Financial Corporation | COF | 2.28% |
| East West Bancorp, Inc. | EWBC | 2.26% |
| Accenture plc | ACN | 2.20% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 13, 2024 | $0.181 | Dec 31, 2024 |
| Nov 21, 2024 | $0.183 | Nov 29, 2024 |
| Oct 22, 2024 | $0.181 | Oct 31, 2024 |
| Sep 26, 2024 | $0.177 | Sep 30, 2024 |
| Aug 21, 2024 | $0.174 | Aug 30, 2024 |
| Jul 23, 2024 | $0.176 | Jul 31, 2024 |
News
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-...
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,...
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...
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...
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...
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