Summary
SDVD Chart
SDVD: 8.5% Yield, Good Fundamentals, And A Red Flag
FT Vest SMID Rising Dividend Achievers Target Income ETF offers an 8.55% yield using a buy-write strategy in small and mid-caps. SDVD holds dividend growth stocks and sells short-term call options on the Russell 2000 Index. SDVD is well-diversified across holdings thanks to an equal-weight methodology, but is overweight in financials.
SDVD: Eat Your Cake And Keep It, Too - Tailored For Income Investors
The First Trust Vest SMID Rising Dividend Achievers Target Income ETF offers an 8.5% forward yield and aims for capital appreciation, making it attractive for income investors. SDVD's unique sector allocation, focusing on financials, industrials, and consumer cyclicals, positions it well for potential outperformance as interest rates fall. The ETF employs a dual strategy involving dividend growth picks and selling call options, providing a growing yield at a reasonable 0.85% expense ratio.
FT Vest Smid Rising Dividend Fund Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 213,703 | $4.64M | $4.94M | $305,615.48 | 6.59% |
| TSR Ted S. Rich RiverTree Advisors LLC | 178,486 | $3.63M | $4.13M | $495,045.24 | 13.63% |
| CB Catherine Bluvol Next Level Private LLC | 52,221 | $1.13M | $1.21M | $80,670.31 | 7.16% |
| TRG Timothy R. Guthrie Bullseye Investment Management LLC | 262,066 | $5.29M | $6.06M | $767,110.56 | 14.5% |
| TG Timothy Gerlach Novem Group | 10,747 | $230,922.28 | $248,255.7 | $17,333.42 | 7.51% |
FT Vest Smid Rising Dividend Fund (SDVD) FAQ
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FT Vest Smid Rising Dividend Fund Profile
| BATS Exchange | United States Country |
Overview
This fund primarily targets investments in small to mid-cap companies that pay dividends, aiming to allocate at least 80% of its net assets in such securities. It also endeavors to achieve capital appreciation as a secondary objective. Holding a non-diversified status, the fund may concentrate its investments more than a diversified fund might, potentially increasing both the risk and reward from these decisions. The emphasis on dividend-paying securities of smaller and mid-sized companies suggests a strategy that seeks to benefit from the potential growth of these enterprises while also aiming to provide investors with a steady income stream from dividends.
Products and Services
The fund offers a focused investment product with detailed characteristics:
