FT Vest International Equity Moderate Buffer ETF - June (YJUN), a series of First Trust Exchange-Traded Fund VIII, is an actively managed exchange-traded fund that seeks to deliver specific target outcomes based on the price return performance of the iShares MSCI EAFE ETF (EFA) through investments in FLEX Options; these include purchased and written call and put FLEX Options referencing EFA, providing investors with upside participation up to a predetermined cap, currently 12.94% before fees and expenses (12.04% after fees) for the Target Outcome Period from June 23, 2025 through June 18, 2026, while offering a buffer against the first 15% of EFA losses (14.11% after fees) over the same period. The fund holds a portfolio typically comprising four FLEX Options contracts structured to produce these buffered and capped returns relative to EFA's share price performance, with no direct investment in EFA shares or dividends; EFA tracks the MSCI EAFE Index of large- and mid-cap developed market equities excluding the U.S. and Canada, spanning regions including Europe, Australasia, and the Far East. Launched on June 18, 2021, and listed on Cboe BZX Exchange, the ETF is domiciled in the United States with First Trust Advisors L.P. serving as investment adviser and Vest Financial LLC as sub-advisor. The fund resets its FLEX Options portfolio at the start of each successive one-year Target Outcome Period, adjusting the cap based on prevailing market conditions such as interest rates and volatility while maintaining the 15% buffer level. Recent SEC filings in 2025, including prospectus updates filed on May 13 and February 13, reflect ongoing compliance and operational continuity with no reported acquisitions, funding rounds, partnerships, or strategic shifts within the last 1-2 years; institutional interest has grown, evidenced by new positions established by firms such as Janney Montgomery Scott LLC (47,616 shares valued at approximately $1.166 million in Q2 2025) and Wealth Enhancement Advisory Services LLC. The ETF targets investors seeking defined outcome strategies in international developed equity exposure, with geographic focus mirroring EFA's holdings across 21 developed markets including Japan, the United Kingdom, France, Switzerland, Germany, and Australia.