Key stats
About FT Vest Dow Jones Internet & Target Income ETF
Home page
Inception date
Mar 20, 2024
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
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
US33738D7545
FDND aims to provide income at an annual rate of 8%, before fees and expenses, over the annual dividend yield of the Nasdaq-100 Index. The income stems from dividends from individual equity positions and premiums from selling naked call options. However, there is no guarantee the fund will deliver the target income. The portfolio manager actively selects 40 of the largest and most liquid US internet companies, which includes firms in the internet commerce and internet services sub-industries. Each week, FDND attempts to bridge the difference between the dividend income of its equity portfolio and its target distribution by selling at-the-money, naked call options on the Nasdaq-100 Index or related ETFs. The income from dividends and option premiums are expected to be distributed monthly. Investors should note that naked call writing, or selling call options without owning the underlying asset, is a high-risk options strategy.
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
Technology Services
Retail Trade
Electronic Technology
Stocks99.63%
Technology Services57.71%
Retail Trade15.20%
Electronic Technology11.10%
Consumer Services9.62%
Transportation3.31%
Commercial Services2.69%
Bonds, Cash & Other0.37%
Cash0.37%
Rights & Warrants−0.00%
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
FDND invests in stocks. The fund's major sectors are Technology Services, with 57.71% stocks, and Retail Trade, with 15.20% of the basket. The assets are mostly located in the North America region.
FDND top holdings are Amazon.com, Inc. and Meta Platforms Inc Class A, occupying 10.05% and 9.96% of the portfolio correspondingly.
FDND last dividends amounted to 0.16 USD. The month before, the issuer paid 0.16 USD in dividends, which shows a 1.14% increase.
FDND assets under management is 9.61 M USD. It's risen 16.70% over the last month.
FDND fund flows account for 6.33 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, FDND pays dividends to its holders with the dividend yield of 7.43%. The last dividend (Aug 29, 2025) amounted to 0.16 USD. The dividends are paid monthly.
FDND shares are issued by AJM Ventures LLC under the brand FT Vest. The ETF was launched on Mar 20, 2024, and its management style is Active.
FDND expense ratio is 0.75% meaning you'd have to pay 0.75% of your investment to help manage the fund.
FDND follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FDND invests in stocks.
FDND price has risen by 2.07% over the last month, and its yearly performance shows a 24.49% increase. See more dynamics on FDND price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.59% over the last month, showed a 9.29% increase in three-month performance and has increased by 13.24% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.59% over the last month, showed a 9.29% increase in three-month performance and has increased by 13.24% in a year.
FDND trades at a premium (0.03%) meaning the ETF is trading at a higher price than the calculated NAV.