XISE

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

$30.12
+0.00%
Market closed. Last update: 10:54 PM ET

📎 Investment Objective

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

Overview

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

Category Value
Issuer Other
Inception Date 2023-09-18
Market Cap $59.5M
Average Volume N/A
Dividend Yield 4.88%
52-Week Range $28.27 - $30.57
VWAP $30.09

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

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

🎯 Investment Strategy

The ETF aims to achieve its objective by investing in a portfolio of U.S. equity securities and employing a call option writing strategy to generate premium income. The fund also utilizes a buffer mechanism to limit downside losses to a predetermined level.

✨ Key Features

  • Seeks to provide a buffer against downside losses in the U.S. equity market
  • Generates premium income through a call option writing strategy
  • Resets the buffer and option positions on a monthly basis
  • Designed for investors seeking equity exposure with downside protection and income generation

⚠️ Primary Risks

  • Market risk: The ETF's performance is subject to the overall performance of the U.S. equity market
  • Option writing risk: The option writing strategy may not generate the expected level of premium income
  • Buffer mechanism risk: The buffer may not fully protect against all downside losses
  • Liquidity risk: The ETF may have limited trading volume, which could impact its ability to be bought or sold at desired prices

👤 Best For

This ETF may be suitable for investors who are seeking equity exposure with a level of downside protection and the potential for generating additional income. It may be particularly appealing to those with a moderate risk tolerance who are looking to balance growth and income in their portfolio.