FT Vest U.S. Equity Buffer ETF - October
FOCT
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 120 East Liberty Drive, Suite 400 Wheaton IL United States of America 60187
- IPO Date
- Oct 19, 2020
- CIK
- 0001667919
- Website
- ftportfolios.com
- Similar Companies
- Business
- FT Vest U.S. Equity Buffer ETF - October (FOCT) is an actively managed exchange-traded fund that seeks to deliver specific target investment outcomes by providing returns, before fees and expenses, that match the price return of the SPDR S&P 500 ETF Trust up to a predetermined cap, while offering a buffer against the first 10% of losses in the Underlying ETF over approximately one-year Target Outcome Periods; the Fund invests substantially all of its assets in a portfolio of FLEX Options referencing the Underlying ETF, including purchased and written call and put options customized for strike prices, styles, and expiration dates to achieve these outcomes, with the current period running from October 20, 2025, through October 16, 2026, featuring a cap of 15.09% gross (14.24% net of 0.85% fees) and buffer of 10% gross (9.15% net). The Fund trades on the Cboe BZX Exchange, operates with a non-diversified portfolio primarily exposed to U.S. large-cap equities via the S&P 500, and targets investors seeking defined outcome strategies amid market volatility, with holdings typically concentrated in a limited number of FLEX Options (e.g., top five holdings comprising over 99% of assets); it provides daily NAV-based outcomes on its website for investors buying mid-period, though actual results vary based on entry timing relative to the cap and buffer. FT Vest U.S. Equity Buffer ETF - October launched on October 16, 2020, and is a series of First Trust Exchange-Traded Fund VIII, advised by First Trust Advisors L.P. (headquartered in Wheaton, Illinois) and sub-advised by Vest Financial LLC. In October 2025, First Trust launched a UCITS version of the Fund, First Trust Vest U.S. Equity Buffer UCITS ETF – October (FOCT), on the London Stock Exchange to expand access for European investors, utilizing FLEX Options for a 10% buffer against S&P 500 volatility with a perpetual structure and transparent holdings; this marks the fourth addition to First Trust's UCITS Target Outcome suite, reflecting ongoing strategic growth in buffered equity strategies as the firm's Target Outcome ETF lineup reached 125 funds with over $33 billion in assets by late 2025.