Key stats
About FT Vest U.S. Equity Uncapped Accelerator ETF - April
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Inception date
Apr 17, 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
US33740U3648
UXAP starts with a 2% negative return, plus the expense ratio, each year in April. The investment objective is to potentially accelerate the returns in alignment with the price movement of the SPDR S&P 500 ETF (SPY), should the ETF rise above the 2% threshold. If the fund appreciates below the target upside level, it does not participate in the returns and will experience all losses on a one-to-one basis. While the target upside of 102% is expected to remain constant for each outcome period, the upside return is calculated at the commencement of each target period and will vary for each target period, depending upon market conditions. The fund must be held to the end of the outcome period to achieve the intended results.
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
Rights & Warrants
Bonds, Cash & Other100.00%
Rights & Warrants98.35%
Cash1.65%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
UXAP assets under management is 7.51 M USD. It's fallen 17.57% over the last month.
UXAP fund flows account for 5.74 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, UXAP doesn't pay dividends to its holders.
UXAP shares are issued by AJM Ventures LLC under the brand FT Vest. The ETF was launched on Apr 17, 2025, and its management style is Active.
UXAP expense ratio is 0.85% meaning you'd have to pay 0.85% of your investment to help manage the fund.
UXAP follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
UXAP invests in cash.
UXAP trades at a premium (0.10%) meaning the ETF is trading at a higher price than the calculated NAV.