RDVI

FT Vest Rising Dividend Achievers Target Income ETF

$25.55
+0.00%
Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The FT Vest Rising Dividend Achievers Target Income ETF (RDVI) seeks to provide current income and long-term capital appreciation by investing in a portfolio of dividend-paying U.S. stocks.

Overview

ETF tracking FT Vest Rising Dividend Achievers Target Income ETF

Category Value
Issuer Other
Inception Date 2022-10-20
Market Cap $2.3B
Average Volume N/A
Dividend Yield 6.91%
52-Week Range $20.93 - $26.38
VWAP $25.59

Performance

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Investment Summary

📎 Investment Objective

The FT Vest Rising Dividend Achievers Target Income ETF (RDVI) seeks to provide current income and long-term capital appreciation by investing in a portfolio of dividend-paying U.S. stocks.

🎯 Investment Strategy

The fund tracks the Nasdaq U.S. Rising Dividend Achievers Index, which is composed of U.S. companies that have increased their dividends for at least 10 consecutive years. The portfolio is weighted towards companies with higher dividend yields.

✨ Key Features

  • Focuses on dividend-paying stocks with a history of dividend growth
  • Aims to provide current income and long-term capital appreciation
  • Tracks the Nasdaq U.S. Rising Dividend Achievers Index
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Equity market risk - the value of the fund's holdings may decline due to general market and economic conditions
  • Dividend-paying stock risk - companies may reduce or eliminate dividends, negatively impacting the fund's income
  • Concentration risk - the fund is concentrated in the U.S. equity market
  • Liquidity risk - the fund may have difficulty trading some of its holdings at an advantageous time or price

👤 Best For

This ETF may be suitable for investors seeking current income and long-term capital appreciation through exposure to a portfolio of dividend-paying U.S. stocks. It may be appropriate for investors with a medium to long-term investment horizon who can tolerate the volatility associated with the equity market.