FT Vest U.S. Equity Moderate Buffer ETF - February
GFEB
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
FRC
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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
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
- Feb 21, 2023
- CIK
- 0001667919
- Website
- ftportfolios.com
- Similar Companies
- Business
- FT Vest U.S. Equity Moderate Buffer ETF - February (GFEB), a series of First Trust Exchange-Traded Fund VIII, seeks to provide investors with returns, before fees and expenses, that match the price return of the SPDR S&P 500 ETF Trust up to a predetermined upside cap while offering a buffer against the first 15% of losses in the Underlying ETF over an approximate one-year Target Outcome Period; under normal market conditions, the fund invests substantially all of its assets in FLEX Options referencing the price performance of the SPDR S&P 500 ETF Trust, including purchased and written put and call options that are customized exchange-traded contracts guaranteed for settlement by the Options Clearing Corporation. For the current Target Outcome Period from February 24, 2025, through February 20, 2026, the cap stands at 11.98% before fees and expenses (11.14% after the 0.85% management fee), with the buffer at 15% before fees (14.15% after); at the end of each period, the fund resets with new FLEX Options, maintaining the 15% buffer level but establishing a new cap based on prevailing market conditions such as interest rates and volatility. The fund is actively managed by First Trust Advisors L.P. as investment adviser, with Vest Financial LLC serving as sub-advisor, and trades principally on the Cboe BZX Exchange. First Trust Advisors L.P., founded in 1991 and headquartered in Wheaton, Illinois, with additional offices in Austin, Texas, and Franklin, Tennessee, acts as adviser to the First Trust Exchange-Traded Fund VIII trust; Vest Financial LLC, established in 2012 and based in McLean, Virginia, provides sub-advisory services focused on structured products and target outcome investments. The fund, launched on February 17, 2023, targets investors seeking defined outcome strategies in the U.S. large-cap equity market, particularly those desiring exposure to S&P 500 price returns with downside protection; it is non-diversified and operates solely within the United States. Recent updates include prospectus supplements dated February 27, 2025, revising summary information, buffer and cap line graphs, and performance illustrations for the ongoing Target Outcome Period; the fund continues its perpetual offering structure with no termination planned post-period, alongside routine announcements of distributions for First Trust ETFs in November 2025, though no major acquisitions, funding rounds, partnerships, or strategic shifts specific to GFEB have been reported in the last 1-2 years.