Key stats
About FT Vest Buffered Allocation Defensive ETF
Home page
www.ftportfolios.com/retail/etf/etfsummary.aspx?Ticker=BUFT
Inception date
Oct 26, 2021
Structure
Open-Ended Fund
Replication method
Physical
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
US33740U7607
BUFT is a basket of defined outcome buffer ETFs. It consists of five to seven equity buffer funds, taken from a universe of defined outcome ETFs (U.S. Equity Buffer, U.S. Equity Deep Buffer, and U.S. Equity Enhance & Moderate Buffer) offered by the issuer. Each underlying ETF has exposure to SPYs capped gains and provides buffer to either the first 10%, first 15%, or 5%-30% of losses, over a defined one-year period. For selection and weighting, the fund adviser considers various factors including the current price of SPY, NAV, target outcome period, implied volatility, price sensitivity, remaining cap, and remaining buffer. Underlying ETFs are also selected such that the resulting portfolio has an optimal downside protection, while providing some upside growth participation. The portfolio is evaluated on a monthly basis. Information on BUFTs exposure to the underlying ETFs is provided daily on the issuers website.
Classification
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
ETF
Bonds, Cash & Other100.00%
ETF99.98%
Mutual fund0.02%
Cash0.00%
Stock breakdown by region
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
Frequently Asked Questions
BUFT invests in funds. The fund's major sectors are ETF, with 99.98% stocks, and Mutual fund, with 0.02% of the basket. The assets are mostly located in the North America region.
BUFT top holdings are FT Vest U.S. Equity Enhance & Moderate Buffer ETF - April and FT Vest U.S. Equity Enhance & Moderate Buffer ETF - September, occupying 17.30% and 15.33% of the portfolio correspondingly.
BUFT assets under management is 127.16 M USD. It's risen 4.26% over the last month.
BUFT fund flows account for 3.06 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.
No, BUFT doesn't pay dividends to its holders.
BUFT shares are issued by AJM Ventures LLC under the brand FT Vest. The ETF was launched on Oct 26, 2021, and its management style is Active.
BUFT expense ratio is 1.05% meaning you'd have to pay 1.05% of your investment to help manage the fund.
BUFT follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BUFT invests in funds.
BUFT price has risen by 1.16% over the last month, and its yearly performance shows a 8.47% increase. See more dynamics on BUFT price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.81% over the last month, showed a 3.78% increase in three-month performance and has increased by 8.95% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.81% over the last month, showed a 3.78% increase in three-month performance and has increased by 8.95% in a year.
BUFT trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.