Key stats
About FT Vest Laddered Deep Buffer ETF
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Inception date
Jan 20, 2021
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
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
US33740U7037
BUFD is a basket of defined outcome buffer ETFs. It consists of 12 equity buffer funds, each of which has exposure to SPY's capped gains and buffered losses on the first 5% to 30%. The fund will invest equally in the underlying ETFs, holding one ETF with options expiring within one month, a second ETF with options expiring within two months, up until a 12th ETF with options expiring within 12 months. Unlike the monthly equity buffers that reset annually on a specific month, BUFD refreshes monthly starting in February, wherein one of the underlying ETFs resets its cap and refreshes its buffer. This creates a continuous hedge for BUFD regardless of each underlying ETF's outcome period. The approach reduces the timing risks associated with a monthly buffer strategy. Information on BUFD's exposure to the underlying ETFs, remaining cap and buffer are provided daily on the issuer's website. Prior to May 10, 2024, the fund was called FT Vest Fund of Deep Buffer ETFs.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF99.95%
Mutual fund0.05%
Cash0.00%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
BUFD invests in funds. The fund's major sectors are ETF, with 99.95% stocks, and Mutual fund, with 0.05% of the basket. The assets are mostly located in the North America region.
BUFD top holdings are FT Vest U.S. Equity Deep Buffer ETF - October and FT Vest U.S. Equity Deep Buffer ETF - February, occupying 8.34% and 8.34% of the portfolio correspondingly.
BUFD assets under management is 1.44 B USD. It's risen 4.04% over the last month.
BUFD fund flows account for 345.69 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.
No, BUFD doesn't pay dividends to its holders.
BUFD shares are issued by AJM Ventures LLC under the brand FT Vest. The ETF was launched on Jan 20, 2021, and its management style is Active.
BUFD expense ratio is 0.95% meaning you'd have to pay 0.95% of your investment to help manage the fund.
BUFD follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BUFD invests in funds.
BUFD price has risen by 1.60% over the last month, and its yearly performance shows a 10.80% increase. See more dynamics on BUFD price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.89% over the last month, showed a 4.87% increase in three-month performance and has increased by 9.62% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.89% over the last month, showed a 4.87% increase in three-month performance and has increased by 9.62% in a year.
BUFD trades at a premium (0.10%) meaning the ETF is trading at a higher price than the calculated NAV.