Investment Objective/Strategy - The investment objective of the FT Vest U.S. Equity Buffer & Premium Income ETF - September (the "Fund") is to seek to provide investors with a consistent level of income that, when annualized, is approximately 8.19% (before fees and expenses) while providing a buffer (before fees and expenses) against the first 10% of Underlying ETF losses, over the period from September 18, 2023 through September 20, 2024.
There can be no assurance that the Fund's investment objectives will be achieved.
Ticker | XISE |
Fund Type | Target Outcome Strategies® |
Investment Advisor | First Trust Advisors L.P. |
Investor Servicing Agent | Bank of New York Mellon Corp |
Portfolio Manager/Sub-Advisor | Vest Financial, LLC |
CUSIP | 33740F375 |
ISIN | US33740F3753 |
Intraday NAV | XISEIV |
Fiscal Year-End | 08/31 |
Exchange | Cboe BZX |
Inception | 9/15/2023 |
Inception Price | $30.15 |
Inception NAV | $30.15 |
Expense Ratio* | 0.85% |
* As of 1/2/2024
Closing NAV1 | $30.55 |
Closing Market Price2 | $30.57 |
Bid/Ask Midpoint | $30.55 |
Bid/Ask Premium | 0.00% |
30-Day Median Bid/Ask Spread3 | 0.26% |
Total Net Assets | $77,903,738 |
Outstanding Shares | 2,550,002 |
Daily Volume | 5,364 |
Average 30-Day Daily Volume | 35,758 |
Closing Market Price 52-Week High/Low | $30.73 / $29.79 |
Closing NAV 52-Week High/Low | $30.77 / $29.79 |
Number of Holdings (excluding cash) | 7 |
Past performance is not indicative of future results.
Holding |
Percent |
2024-09-20 SPDR® S&P 500® ETF Trust C 0.04 |
120.79% |
U.S. Treasury Bill, 0%, due 07/11/2024 |
0.60% |
U.S. Treasury Bill, 0%, due 08/08/2024 |
0.60% |
U.S. Treasury Bill, 0%, due 09/05/2024 |
0.60% |
2024-09-20 SPDR® S&P 500® ETF Trust P 443.35 |
0.18% |
2024-09-20 SPDR® S&P 500® ETF Trust P 399.01 |
-0.10% |
2024-09-20 SPDR® S&P 500® ETF Trust C 443.35 |
-23.62% |
* Excluding cash.
Holdings are subject to change.
|
2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Days Traded at Premium |
25 |
15 |
11 |
--- |
Days Traded at Discount |
48 |
46 |
52 |
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S&P 500® Index - The Index is an unmanaged index of 500 companies used to measure large-cap U.S. stock market performance.
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