FT Vest Rising Dividend Achievers Target Income ETF (RDVI)

FT Vest Rising Dividend Achievers Target Income ETF (RDVI) is an exchange-traded fund in the Derivative Income category. It has $3.69B in assets, an expense ratio of 0.75% and a 4.85% dividend yield. Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in dividend-paying securities and/or investments that provide exposure to dividend-paying securities. In furtherance of its objectives, the adviser seeks to make distributions from stock dividends and option premiums at an annual rate that is approximately 8.0% over the current annual dividend yield of the S&P 500 ® Index. The fund is non-diversified.