FT Vest Technology Dividend Target Income ETF
TDVI
Chicago Board Options Exchange- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- FT Vest Technology Dividend Target Income ETF is an actively managed exchange-traded fund focused on current income with a secondary objective of capital appreciation. The fund launches on August 9, 2023, is based in Wheaton, Illinois, and is sponsored by First Trust Advisors L.P., with Vest Financial LLC serving as sub-adviser. The fund primarily invests in U.S. exchange-traded equity securities that track the Nasdaq US Technology Dividend Index, which includes technology and telecommunications companies with a history of paying dividends; it also employs a covered call option strategy by writing U.S. exchange-traded call options on the Nasdaq-100 Index and/or the S&P 500 Index, or on ETFs that track those indexes. The strategy is designed to generate distributions from stock dividends and option premiums at an annual rate that is approximately 8.0% before fees and expenses, over the current annual dividend yield of the Nasdaq-100 Index. Its core offering is a target-income ETF structure for investors seeking technology-sector exposure plus monthly income, and it operates within First Trust’s broader target income and outcome-based ETF platform. The fund is organized as an open-end investment company and is managed by Karan Sood and Trevor Lack, who are identified as the portfolio managers. Recent developments include the continued use of the fund’s target income strategy in 2025-2026 filings and distribution materials, with the fund maintaining its active covered-call approach and monthly payout profile. In 2025, First Trust expanded its Target Income ETF lineup with new launches, underscoring the firm’s continued strategic emphasis on income-oriented, option-based ETF products; TDVI remains part of that broader product family.