FT S&P 500 Dividend Aristocrats ETF (KNGZ)
NASDAQ (NMS) NASDAQ (NMS) Primary Summary
KNGZ Chart
KNGZ: Solid Improvements For This Sector-Neutral Dividend Aristocrat ETF
KNGZ follows a "Dividend Aristocrat" light strategy, where most constituents only require 15 years of consecutive, not growing, dividend payments. Its expected dividend yield is 2.77% based on current prices. KNGZ tracks a sector-neutral Index, which means its allocations match the S&P 500. As a result, its Technology exposure is 33% and far above what most dividend ETFs feature. This composition is beneficial in growth markets, but KNGZ lacks enough exposure to safer sectors like Consumer Staples and Utilities that typically outperform in market drawdowns.
FT S&P 500 Dividend Aristocrats ETF Dividends
| KNGZ 1 weeks ago | Other | $0.24 Per Share |
| KNGZ 3 months ago Paid | Quarterly | $0.16 Per Share |
| KNGZ 6 months ago Paid | Quarterly | $0.27 Per Share |
| KNGZ 9 months ago Paid | Quarterly | $0.2 Per Share |
| KNGZ 27 Jun 2024 Paid | Quarterly | $0.22 Per Share |
FT S&P 500 Dividend Aristocrats ETF Earnings
| KNGZ 1 weeks ago | Other | $0.24 Per Share |
| KNGZ 3 months ago Paid | Quarterly | $0.16 Per Share |
| KNGZ 6 months ago Paid | Quarterly | $0.27 Per Share |
| KNGZ 9 months ago Paid | Quarterly | $0.2 Per Share |
| KNGZ 27 Jun 2024 Paid | Quarterly | $0.22 Per Share |
FT S&P 500 Dividend Aristocrats ETF (KNGZ) FAQ
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FT S&P 500 Dividend Aristocrats ETF Profile
| NASDAQ (NMS) Exchange | US Country |
Overview
The fund is designed for investors looking to combine the potential for income with the stability of investments in companies that are part of the S&P 500 Index but are distinguished by their record of either stable or increasing dividends. This offers a dual advantage of tapping into the growth potential of some of the largest and most successful companies in the United States, while also focusing on those among them that provide shareholders with consistent or growing income streams through dividends. By committing to invest at least 90% of its net assets in securities that are included in its underlying index, the fund ensures a high level of fidelity to its benchmark. This strategy is particularly appealing for investment portfolios aimed at generating income, providing a measure of predictability in returns that can be more comforting to income-focused investors. Additionally, the use of borrowings for investment purposes can amplify the returns, although this also introduces a higher level of risk.
Products and Services
The fund primarily offers a focused investment product that allows investors to gain exposure to a subset of the S&P 500 Index. This subset comprises companies that have demonstrated a commitment to maintaining or increasing their dividend payouts, making it an attractive option for those seeking income in addition to capital appreciation. The products and services offered by the fund can be broken down as follows:
- Dividend-Focused Investment Strategy: This is the core offering of the fund, wherein it invests a majority of its assets into companies within the S&P 500 that have a track record of stable or growing dividends. This strategy is aimed at investors who prioritize income along with potential stock price appreciation.
- Borrowing for Investment Purposes: As part of its strategy, the fund may leverage borrowing to enhance its investment capacity. This allows for potentially higher returns but comes with an increased risk level. This service is tailored for investors who are comfortable with a higher degree of risk in pursuit of greater returns.
Contact Information
