FT Vest Investment Grade & Target Income ETFFT Vest Investment Grade & Target Income ETFFT Vest Investment Grade & Target Income ETF

FT Vest Investment Grade & Target Income ETF

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Key stats


Assets under management (AUM)
‪197.49 M‬USD
Fund flows (1Y)
‪197.71 M‬USD
Dividend yield (indicated)
9.37%
Discount/Premium to NAV
0.005%
Shares outstanding
‪9.80 M‬
Expense ratio
0.65%

About FT Vest Investment Grade & Target Income ETF


Issuer
AJM Ventures LLC
Brand
FT Vest
Inception date
Feb 12, 2025
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Replication method
Synthetic
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
ISIN
US33738D7479
LQTI is an actively managed fund that aims for an annual rate of approximately 5%, before fees and expenses, above the current annual income yield of the iShares iBoxx Investment Grade Corporate Bond ETF (LQD). The underlying ETF holds USD-denominated, investment grade corporate bonds of any maturity. To achieve its objectives, the fund provides synthetic exposure to LQD while utilizing a partial call writing strategy. Synthetic exposure to the underlying ETF is achieved through a combination of purchased call options and short-term US Treasurys. The fund then sells weekly, at-the-money FLEX call options on the underlying ETF, which are either cash settled and/or physically settled European style FLEX Options or physically settled American style exchange-traded options. Overall, LQTI aims to provide monthly distributions from the FLEX Option Discount, US Treasury securities, and option premiums. However, there is no guarantee that the funds distribution target will be obtained.

Broaden your horizons with more funds linked to this ETF via country, focus, and more.

Classification


Asset Class
Fixed income
Category
Corporate, broad-based
Focus
Investment grade
Niche
Broad maturities
Strategy
Buy-write
Geography
U.S.
Weighting scheme
Fixed
Selection criteria
Fixed
What's in the fund
Exposure type
Bonds, Cash & Other
Rights & Warrants
Stock breakdown by region
100%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
LQTI trades at 20.29 USD today, its price has risen 0.30% in the past 24 hours. Track more dynamics on LQTI price chart.
LQTI net asset value is 20.25 today — it's fallen 0.38% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
LQTI assets under management is ‪197.49 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
LQTI fund flows account for ‪199.73 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
LQTI invests in bonds. See more details in our Analysis section.
LQTI expense ratio is 0.65%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, LQTI isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, LQTI technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating LQTI shows the strong sell signal. See more of LQTI technicals for a more comprehensive analysis.
Yes, LQTI pays dividends to its holders with the dividend yield of 9.37%.
LQTI trades at a premium (0.24%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
LQTI shares are issued by AJM Ventures LLC
LQTI follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Feb 12, 2025.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.