FT Vest U.S. Equity Max Buffer ETF - June
JUNM
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
•
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
- Jun 24, 2024
- CIK
- 0001667919
- Website
- ftportfolios.com
- Similar Companies
- Business
- FT Vest U.S. Equity Max Buffer ETF - June (JUNM) is an exchange-traded fund that seeks to provide investors with buffered exposure to the price return of the S&P 500 Index, subject to a cap, up to a specified buffer level against losses over a one-year outcome period ending in June each year; it offers defined outcome investment strategies including full downside buffer protection up to 100% for the outcome period, capped upside participation based on the fund's cap rate, and daily tracking of the underlying index before fees. The fund's primary products include series of buffer ETFs under the FT Vest brand, such as monthly outcome ETFs with varying buffer levels (e.g., 9%, 10%, 15%, or 20%) and cap rates; these are structured as white-label products utilizing FLEX options on the S&P 500, providing target outcome strategies for U.S. equity market participation with risk-defined parameters. Managed by First Trust Portfolios L.P. as sponsor and sub-advised by FT Vest Funds Management LLC, a subsidiary of First Trust Advisors LP founded in 1991 and headquartered in Wheaton, Illinois, the ETF operates primarily in the U.S. financial markets targeting retail and institutional investors seeking equity-linked buffered ETFs; it is part of a broader suite of over 20 similar FT Vest ETFs covering different reset periods and buffer/cap combinations. Recent developments include the expansion of the FT Vest ETF lineup with new buffer and enhance series launches in 2024, such as additional June-series ETFs enhancing outcome period flexibility; in late 2024, First Trust announced strategic enhancements to its defined outcome ETF platform, including improved liquidity provisions and marketing alliances with broker-dealers to broaden distribution amid rising demand for structured protection products. The fund underwent a ticker change and series realignment in early 2025 to align with updated outcome period designations, reflecting operational optimizations for investor clarity; no major acquisitions or funding rounds were reported, but FT Vest continues to innovate with potential hybrid buffer-enhancer products targeting volatile equity environments.