RDVI offers a high 8.8% yield and consistent payouts, making it ideal for income-focused investors seeking stability and reliability. The ETF's selective approach targets high-quality dividend growers, outperforming traditional dividend ETFs and peers since inception. RDVI's option strategy allows for significant market participation while maintaining capital preservation and tax-efficient return of capital distributions.
RDVI ETF offers a mix of capital appreciation and an 8.7% dividend yield, making it attractive for income-seeking investors despite modest price gains. The fund's strategy includes a diversified portfolio with a significant focus on financials, technology, and industrials, and employs an option writing strategy for income. RDVI's option strategy caps upside potential but provides resilience during market downturns, making it suitable for defensive portfolios.
FT Cboe Vest Rising Dividend Achievers Target Income ETF holds 50 dividend-growth stocks and sells S&P 500 call options for income. The RDVI ETF is well-diversified across holdings thanks to an equal-weight methodology, but it is overweight in financials. RDVI valuation, growth and quality metrics look attractive compared to the S&P 500 benchmark.
RDVI RDVI 1 weeks ago | Other | $0.17 Per Share |
RDVI RDVI 1 month ago Paid | Monthly | $0.18 Per Share |
RDVI RDVI 2 months ago Paid | Monthly | $0.16 Per Share |
RDVI RDVI 3 months ago Paid | Monthly | $0.17 Per Share |
RDVI RDVI 4 months ago Paid | Monthly | $0.18 Per Share |
RDVI RDVI 1 weeks ago | Other | $0.17 Per Share |
RDVI RDVI 1 month ago Paid | Monthly | $0.18 Per Share |
RDVI RDVI 2 months ago Paid | Monthly | $0.16 Per Share |
RDVI RDVI 3 months ago Paid | Monthly | $0.17 Per Share |
RDVI RDVI 4 months ago Paid | Monthly | $0.18 Per Share |
BATS Exchange | United States Country |
The company specializes in investment management, focusing on creating a portfolio primarily composed of dividend-paying securities. Its strategic approach aims to maintain at least 80% of its net assets in investments that yield dividends or offer exposure to such dividend-paying securities. The investment philosophy is tailored to provide income through stock dividends and option premiums, targeting a distribution rate significantly above the traditional annual dividend yield of the S&P 500® Index. This ambition is realized under normal market conditions, with the fund also employing borrowings for investment purposes when necessary. Unlike diversified funds, this entity adopts a non-diversified fund strategy, indicating a possibly concentrated investment in fewer issuers.
This service includes the selection and investment in stocks and other securities known for distributing dividends. The primary goal is to generate income for investors through dividends, focusing on securities that can ensure stable and potential growth in dividend payouts over time.
The fund offers investment strategies that provide exposure to dividend-paying securities without the need for direct investment. This may involve the use of financial derivatives or other instruments that mimic the performance of dividend-yielding stocks, offering investors a diversified approach to income generation.
Alongside dividends, the company seeks to enhance investor returns through the strategic use of options. This includes writing options against holdings or indexes to generate additional income from option premiums, complemented by the income from stock dividends. The aim is to achieve a total annual distribution rate that exceeds the current annual dividend yield of the S&P 500® Index by approximately 8.0%.