FT Vest DJIA Dogs 10 Target Income ETF
DOGG
Chicago Board Options Exchange- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 120 East Liberty Drive, Suite 400 Wheaton IL United States of America 60187
- IPO Date
- May 1, 2023
- CIK
- 0001517936
- Website
- ftportfolios.com
- Similar Companies
- Business
- FT Vest DJIA Dogs 10 Target Income ETF (DOGG) is an exchange-traded fund that seeks to generate current income and secondarily provide capped participation in the price return of the Dow Jones U.S. Dividend 10 Index, through a portfolio of options and direct investments in the underlying index constituents; employs a target income strategy via FLEX options on the index; and offers monthly distributions targeting a 10% annualized income level, subject to market conditions and option premiums. The fund targets high-dividend-yielding stocks from the Dow Jones Industrial Average, known as the "Dogs of the Dow," focusing on the 10 highest yielding components; utilizes covered call and put strategies to harvest income while limiting upside potential; and serves income-focused investors seeking enhanced yields from large-cap U.S. equities. Launched in 2023 by FT Vest ETFs, a brand of First Trust Advisors LP, and headquartered in Wheaton, Illinois, the ETF operates primarily in the U.S. market with no international geographic focus. In late 2024, FT Vest announced enhancements to its target income ETF suite, including DOGG, with improved option overlay mechanics for higher distribution rates amid rising volatility; no major acquisitions or partnerships reported in the past year; and continued expansion of the FT Vest lineup to over a dozen income-oriented ETFs targeting popular equity benchmarks. The fund is issued by First Trust Portfolios LP, with sub-advisory from FT Vest, and trades on the Cboe BZX Exchange.