FT Vest U.S. Equity Equal Weight Buffer ETF - June
RSJN
New York Stock Exchange Arca- -
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
- Jun 24, 2024
- Website
- ftportfolios.com
- Similar Companies
- Business
- FT Vest U.S. Equity Equal Weight Buffer ETF - June (RSJN) is an actively managed exchange-traded fund that seeks to provide investors with returns, before fees and expenses, that match those of the Invesco S&P 500 Equal Weight ETF (RSP) up to a predefined cap while offering a limited buffer against the first percentage of losses over a one-year Target Outcome Period ending in June each year; the fund employs FLEX options on RSP to achieve these targeted outcomes, with holdings primarily consisting of call and put FLEX options, cash equivalents, and exposure to U.S. large-cap equities on an equal-weight basis. FT Vest U.S. Equity Equal Weight Buffer ETF - June forms part of the suite of Target Outcome ETFs sponsored by First Trust Exchange-Traded Fund VIII, with First Trust Advisors L.P. serving as investment adviser and Vest Financial LLC acting as sub-adviser for the options strategy; it operates within the defined outcome asset class, targeting investors seeking equity exposure with downside protection and capped upside, primarily retail and institutional investors in the United States. Launched on June 21, 2024, and headquartered at 120 East Liberty Drive, Suite 400, Wheaton, Illinois 60187—the principal executive offices of First Trust Exchange-Traded Fund VIII—the fund maintains a net expense ratio of 0.85% and had total net assets of approximately $25.49 million as of recent data. Recent developments include a manager change with Trevor Lack added as co-portfolio manager effective January 8, 2025, alongside Karan Sood; the fund's initial Target Outcome Period cap was set based on prevailing market conditions at launch, with buffers expected between 5.00% and 17.20% before fees for applicable periods, and ongoing SEC filings reflect periodic amendments to its registration statement through 2025. The fund does not distribute dividends regularly and remains available for sale exclusively in the United States, with no reported acquisitions, mergers, or strategic alliances specific to RSJN in the past year.