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About FT Vest Bitcoin Strategy & Target Income ETF
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Inception date
Apr 2, 2025
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
ISIN
US33733E7242
DFII aims for a partial participation in the returns of bitcoin and a high level of income that is approximately 15% higher than the annual yield of one-month US Treasury securities. The fund utilizes options contracts referencing bitcoin exposure instruments (i.e., bitcoin ETPs and indices), as well as other income-producing investments. It may include standardized listed, FLEX, and OTC options with expirations of one year or less. Generally, the funds purchased call and sold put options provide capped gains and full participation in all bitcoin instruments losses. The fund also employs a partial covered call strategy that seeks to sell at-the-money call options with expirations of less than 30 days. Lastly, it may hold short-term US Treasurys, cash and cash-equivalents, or may utilize a box spread consisting of a synthetic long position along with an offsetting synthetic short position. Note: the fund does not invest directly in bitcoin and its target income is not guaranteed.
Classification
Symbol
Geography
Global
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Rights & Warrants
Bonds, Cash & Other100.00%
Rights & Warrants99.17%
Cash0.83%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
DFII last dividends amounted to 0.37 USD. The month before, the issuer paid 0.39 USD in dividends, which shows a 4.51% decrease.
DFII assets under management is 14.72 M USD. It's risen 30.83% over the last month.
DFII fund flows account for 14.22 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, DFII pays dividends to its holders with the dividend yield of 17.76%. The last dividend (Sep 3, 2025) amounted to 0.37 USD. The dividends are paid monthly.
DFII shares are issued by AJM Ventures LLC under the brand First Trust. The ETF was launched on Apr 2, 2025, and its management style is Active.
DFII expense ratio is 0.85% meaning you'd have to pay 0.85% of your investment to help manage the fund.
DFII follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
DFII invests in cash.
DFII trades at a premium (0.14%) meaning the ETF is trading at a higher price than the calculated NAV.