FT Vest Rising Dividend Achievers Target Income ETF (RDVI)
| Assets | $3.75B |
| Expense Ratio | 0.75% |
| PE Ratio | 16.50 |
| Shares Out | 133.05M |
| Dividend (ttm) | $2.31 |
| Dividend Yield | 8.24% |
| Ex-Dividend Date | Sep 24, 2026 |
| Payout Frequency | Monthly |
| Payout Ratio | 134.85% |
| Volume | 2,306,093 |
| Open | 28.11 |
| Previous Close | 28.20 |
| Day's Range | 27.91 - 28.11 |
| 52-Week Low | 24.77 |
| 52-Week High | 30.09 |
| Beta | 0.91 |
| Holdings | 75 |
| 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
23.59% of assets| Name | Symbol | Weight |
|---|---|---|
| Applied Materials, Inc. | AMAT | 2.75% |
| Lam Research Corporation | LRCX | 2.68% |
| KLA Corporation | KLAC | 2.42% |
| GE Vernova Inc. | GEV | 2.41% |
| NVIDIA Corporation | NVDA | 2.33% |
| Meta Platforms, Inc. | META | 2.27% |
| Micron Technology, Inc. | MU | 2.25% |
| Microsoft Corporation | MSFT | 2.21% |
| The Travelers Companies, Inc. | TRV | 2.20% |
| The Bank of New York Mellon Corporation | BNY | 2.08% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 24, 2026 | $0.1999 | Sep 30, 2026 |
| Aug 21, 2026 | $0.2078 | Aug 31, 2026 |
| Jul 21, 2026 | $0.2044 | Jul 31, 2026 |
| Jun 25, 2026 | $0.204 | Jun 30, 2026 |
| May 21, 2026 | $0.1894 | May 29, 2026 |
| Apr 21, 2026 | $0.1906 | Apr 30, 2026 |
Performance
RDVI had a total return of 16.92% in the past year, including dividends. Since the fund's inception, the average annual return has been 18.70%.
News
These 4 Covered Call Funds Can Turn Anything Into Super-Sized Yields
Covered-call strategies can be an income investors' best friend. Whether the broader stock market goes up, down or merely grinds sideways, selling covered calls pays.
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