XIMR

FT Vest U.S. Equity Buffer & Premium Income ETF - March

$31.00
+0.00%
Market closed. Last update: 11:42 PM ET

📎 Investment Objective

The FT Vest U.S. Equity Buffer & Premium Income ETF seeks to provide investors with a buffer against downside losses in the U.S. equity market while also generating income through a covered call strategy.

Overview

ETF tracking FT Vest U.S. Equity Buffer & Premium Income ETF - March

Category Value
Issuer Other
Inception Date 2024-03-19
Market Cap $42.6M
Average Volume N/A
Dividend Yield 5.37%
52-Week Range $29.35 - $31.25
VWAP $31.05

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The FT Vest U.S. Equity Buffer & Premium Income ETF seeks to provide investors with a buffer against downside losses in the U.S. equity market while also generating income through a covered call strategy.

🎯 Investment Strategy

The ETF aims to achieve its objective by investing in a portfolio of large-cap U.S. stocks and writing call options on those holdings to generate premium income. The fund also employs a buffer strategy to limit downside risk during market declines.

✨ Key Features

  • Seeks to provide downside protection through a buffer strategy
  • Generates income through a covered call options strategy
  • Invests in a portfolio of large-cap U.S. stocks
  • Relatively low expense ratio of 0.00%

⚠️ Primary Risks

  • Market risk: The fund's performance is tied to the performance of the U.S. equity market
  • Option writing risk: The covered call strategy may limit upside potential during strong market rallies
  • Concentration risk: The fund's portfolio is concentrated in large-cap U.S. stocks
  • Liquidity risk: The fund may have limited trading volume and liquidity

👤 Best For

This ETF may be suitable for investors seeking equity exposure with some downside protection and income generation, particularly those with a moderate risk tolerance and a medium-term investment horizon.