TDVI

FT Vest Technology Dividend Target Income ETF

$27.73
+0.00%
Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The FT Vest Technology Dividend Target Income ETF (TDVI) seeks to provide a high level of current income by investing in a portfolio of dividend-paying technology stocks.

Overview

ETF tracking FT Vest Technology Dividend Target Income ETF

Category Value
Issuer Other
Inception Date 2023-08-10
Market Cap $145.6M
Average Volume N/A
Dividend Yield 6.19%
52-Week Range $19.66 - $29.50
VWAP $27.67

Performance

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Investment Summary

📎 Investment Objective

The FT Vest Technology Dividend Target Income ETF (TDVI) seeks to provide a high level of current income by investing in a portfolio of dividend-paying technology stocks.

🎯 Investment Strategy

The fund tracks an index that selects technology companies with a history of paying dividends. The portfolio is weighted towards stocks with higher dividend yields, while maintaining diversification across the technology sector.

✨ Key Features

  • Focuses on technology stocks that pay dividends
  • Aims to provide a high level of current income
  • Diversified exposure to the technology sector
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Sector concentration risk as the fund is focused solely on the technology sector
  • Dividend payment risk as companies may reduce or suspend dividends
  • Market risk as the value of technology stocks can be volatile
  • Liquidity risk due to the fund's small asset size

👤 Best For

This ETF may be suitable for investors seeking current income from their technology stock exposure, as well as those looking to diversify their portfolio with a sector-focused dividend fund. However, the fund's small asset size and concentration in technology stocks make it a higher-risk investment, so it is best suited for investors with a higher risk tolerance and a longer investment horizon.