FT Vest DJIA Dogs 10 Target Income ETFFT Vest DJIA Dogs 10 Target Income ETFFT Vest DJIA Dogs 10 Target Income ETF

FT Vest DJIA Dogs 10 Target Income ETF

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Key stats

Assets under management (AUM)
‪31.44 M‬USD
Fund flows (1Y)
‪28.02 M‬USD
Dividend yield (indicated)
9.67%
Discount/Premium to NAV
−0.1%

About FT Vest DJIA Dogs 10 Target Income ETF

Issuer
AJM Ventures LLC
Brand
FT Vest
Expense ratio
0.75%
Inception date
Apr 26, 2023
Index tracked
No Underlying Index
Management style
Active
DOGG aims for a consistent level of income that is approximately 8%, before fees and expenses, above the annualized yield of the Dow Jones Industrial Average (DJIA). However, there are no assurances that level of income will be obtained. The fund pursues the Dogs of the Dow strategy, the ten highest dividend-yielding stocks of the Dow on an annual basis. The fund purchases shares of these stocks and writes one-week at-the-money call options against the shares. The belief is that the one-week call options on the individual stocks provide the highest level of premium erosion, allowing for a high probability to collect option premium. Due to fund diversification requirements, the fund captures the price movement of these shares by also creating synthetic long positions through the use of put and call FLEX options. The equal-weighted securities are rebalanced quarterly and reconstituted on an annual basis. Short-term Treasury securities serve as collateral or aid in managing the portfolio.

Classification

Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Broad-based
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns

1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund

As of June 27, 2024
Exposure type
StocksBonds, Cash & Other
Health Technology
Government
Stocks49.00%
Health Technology12.03%
Consumer Non-Durables4.07%
Communications4.03%
Technology Services4.02%
Electronic Technology3.93%
Energy Minerals3.76%
Process Industries3.62%
Distribution Services2.70%
Bonds, Cash & Other51.00%
Government75.79%
Cash3.63%
Miscellaneous−3.84%
Rights & Warrants−24.59%
Stock breakdown by region
100%
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends

Dividend payout history

Assets under management (AUM)

Fund Flows