Jackson Financial

Garmin

AXA Equitable Holdings Inc

Synchrony Financial

Mueller Industries

QUALCOMM

Williams-Sonoma

Fifth Third Bancorp

Apple

FT Cboe Vest Rising Dividend Achievers Target Income Etf

RDVI seeks to provide current income and capital appreciation by holding a portfolio of dividend-paying US equities, while utilizing a naked call writing strategy on the S&P 500 Index.

RDVI seeks a target level of current income and capital appreciation by holding a portfolio of dividend-paying US equities, while utilizing a naked call writing strategy on the S&P 500 Index or related ETF. The fund is actively managed.

FT Vest Rising Dividend Achievers Target Income ETF is an actively managed fund that generates income by writing call options on US exchange-traded assets. RDVI's top holdings include Williams-Sonoma, Regions Financial, Capital One, Lennar, and Discover Financial, all known for their dividend yield. RDVI has an overweight concentration in financials, followed by industrials and consumer discretionary sectors, and has outperformed similar ETFs over the past year. However, it has a high expense ratio and sector concentration risks.

RDVI: Dividends Juiced By Options Writing

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WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. ("FTA") announces the declaration of the monthly distributions for certain exchange-traded funds advised by FTA. The following dates apply to today's distribution declarations: Expected Ex-Dividend Date: April 23, 2024 Record Date: April 24, 2024 Payable Date: April 30, 2024 Ticker   Exchange   Fund Name   Frequency   Ordinary Income Per Share Amount   ACTIVELY MANAGED EXCHANGE-TRADED FUNDS   First Trust Exchange-Traded Fund III FCAL   N.

First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds

FT Cboe Vest Rising Dividend Achievers Target Income ETF combines a dividend growth portfolio and an index options strategy to provide income. It is overweight in financials, but well-diversified across holdings thanks to an equal-weight methodology. The fund has a short, but promising, track record among ETFs implementing a buy-write strategy with S&P 500 options.

RDVI: Buy-Write ETF Looking Good Among Peers

The FT Cboe Vest Rising Dividend Achievers Target Income ETF (RDVI) aims to provide current income and capital appreciation. It carries a relatively high expense ratio of 0.75%. The fund has underperformed the S&P 500 on both an absolute and risk adjusted basis.

RDVI: Avoid This Complex ETF

RDVI is an interesting ETF to monitor because of its methodology and attractive monthly distributions. However, its high fees and short track record are discouraging. Consider adding it to a watchlist for now and take a look at the alternatives mentioned in this post.

RDVI: Add It To A Watchlist And Consider These

First Trust introduces its third Cboe Vest Target Income ETF designed to address the need for alternative sources of income

First Trust Launches the FT Cboe Vest Rising Dividend Achievers Target Income ETF, Targeting Income with Growth Potential

News for FT Cboe Vest Rising Dividend Achievers Target Income Etf ETF (RDVI)