First Trust Vest SMID Rising Dividend Achievers Target Income ETF Trust UnitsFirst Trust Vest SMID Rising Dividend Achievers Target Income ETF Trust UnitsFirst Trust Vest SMID Rising Dividend Achievers Target Income ETF Trust Units

First Trust Vest SMID Rising Dividend Achievers Target Income ETF Trust Units

No trades
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Key stats


Assets under management (AUM)
‪2.96 M‬CAD
Fund flows (1Y)
‪3.21 M‬CAD
Dividend yield (indicated)
Discount/Premium to NAV
−0.02%
Shares outstanding
‪150.00 K‬
Expense ratio

About First Trust Vest SMID Rising Dividend Achievers Target Income ETF Trust Units


Issuer
AJM Ventures LLC
Brand
First Trust
Home page
Inception date
Nov 1, 2024
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
No Underlying Index
Management style
Active
Dividend treatment
Distributes
Primary advisor
FT Portfolios Canada Co.
ISIN
CA33743Y1088
The fund seeks to invest all its assets in the US-listed ETF SDVD. The underlying ETF aims for an 8% annual distribution, before fees and expenses, over the annual dividend yield of the Russell 2000 Index. However, the delivery of the target income is not assured. Distributions stem from dividends from small- and mid-cap companies within the Nasdaq US Small-Mid Cap Rising Dividend Achievers Index and premiums from selling naked index call options. These options are European style, written at-the-money, and will have expirations of less than 30 days. Each week, SDVD attempts to bridge the difference between the dividend income of its equity portfolio and its target distribution by selling at-the-money, naked call options on the Russell 2000 Index or related ETFs. The income from stock dividends and option premiums is expected to be distributed monthly. Investors should be aware that selling naked index call options carries a high level of risk.

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

Classification


Asset Class
Equity
Category
Size and style
Focus
Extended market
Niche
Broad-based
Strategy
Active
Geography
U.S.
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
StocksBonds, Cash & Other
Finance
Producer Manufacturing
Stock breakdown by region
0.7%98%0.5%
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
Displays a symbol's price movements over previous years to identify recurring trends.

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.
SDVD trades at 19.82 CAD today, its price has risen 0.10% in the past 24 hours. Track more dynamics on SDVD price chart.
SDVD net asset value is 19.81 today — it's risen 0.25% 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.
SDVD assets under management is ‪2.96 M‬ CAD. 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.
SDVD price has risen by 2.64% over the last month, and its yearly performance shows a −1.20% decrease. See more dynamics on SDVD price chart.
NAV returns, another gauge of an ETF dynamics, showed a 9.18% increase in three-month performance and has increased by 2.66% in a year.
SDVD fund flows account for ‪3.21 M‬ CAD (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.
SDVD invests in stocks. See more details in our Analysis section.
No, SDVD isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, SDVD doesn't pay dividends to its holders.
SDVD trades at a premium (0.02%).
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.
SDVD shares are issued by AJM Ventures LLC
SDVD 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 Nov 1, 2024.
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.