KNG

FT Vest S&P 500 Dividend Aristocrats Target Income ETF

$48.87
+0.00%
Market closed. Last update: 12:27 PM ET

📎 Investment Objective

The FT Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG) seeks to provide a high level of current income by investing in the stocks of companies that have a history of consistently increasing their dividends.

Overview

ETF tracking FT Vest S&P 500 Dividend Aristocrats Target Income ETF

Category Dividend
Issuer Other
Inception Date 2021-03-01
Market Cap $3.7B
Average Volume N/A
Dividend Yield 7.26%
52-Week Range $45.30 - $54.35
VWAP $48.93

Performance

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Investment Summary

📎 Investment Objective

The FT Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG) seeks to provide a high level of current income by investing in the stocks of companies that have a history of consistently increasing their dividends.

🎯 Investment Strategy

The ETF tracks the S&P 500 Dividend Aristocrats Index, which is composed of S&P 500 companies that have increased their dividends for at least 25 consecutive years. The fund aims to generate a high level of dividend income while maintaining exposure to the large-cap U.S. equity market.

✨ Key Features

  • Focuses on dividend-paying stocks with a history of dividend growth
  • Provides exposure to large-cap U.S. equities through the S&P 500 Dividend Aristocrats Index
  • Targets a high level of current income through its dividend-focused strategy
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Equity market risk: The fund's value may fluctuate with changes in the stock market
  • Dividend risk: Companies may reduce or eliminate dividends, which could negatively impact the fund's income
  • Concentration risk: The fund's focus on dividend aristocrats may result in less diversification compared to a broader market index
  • Liquidity risk: The fund may have difficulty trading certain securities, especially during periods of market stress

👤 Best For

This ETF may be suitable for investors seeking a high level of current income from their equity investments, with a focus on large-cap U.S. companies with a history of dividend growth. It may be particularly appealing to retirees or those in the income-generating phase of their investment journey.