Key stats
About FT Vest S&P 500 Dividend Aristocrats Target Income ETF
Home page
Inception date
Mar 26, 2018
Structure
Open-Ended Fund
Replication method
Physical
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
KNG employs an adjusted buy-write strategy on a dividend-focused portfolio. The equal-weighted portfolio is made up of companies from the S&P 500 that have increased dividends for each of the last 25 years. The fund writes covered call options on these stocks, which generates additional income but limits the upside of the portfolio. Rather than writing calls on the entire notional value of the funds stock holdings, KNG aims for combined income from dividends and call options that is 3% higher than the yield on the S&P 500. The covered call overlay is limited to 20% of the notional value. The index is reconstituted annually and rebalanced quarterly. Prior to being acquired by First Trust on March 1, 2021, the fund was managed by Cboe Vest Financial.
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
Consumer Non-Durables
Finance
Process Industries
Stocks100.19%
Consumer Non-Durables15.97%
Finance14.31%
Process Industries11.81%
Producer Manufacturing9.28%
Health Technology8.44%
Distribution Services7.56%
Technology Services5.97%
Utilities5.68%
Retail Trade4.36%
Electronic Technology3.17%
Transportation2.95%
Consumer Services2.89%
Energy Minerals2.80%
Consumer Durables1.57%
Commercial Services1.55%
Non-Energy Minerals1.52%
Bonds, Cash & Other−0.19%
Cash0.18%
Rights & Warrants−0.37%
Stock breakdown by region
North America92.67%
Europe7.33%
Latin America0.00%
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
KNG invests in stocks. The fund's major sectors are Consumer Non-Durables, with 16.03% stocks, and Finance, with 14.36% of the basket. The assets are mostly located in the North America region.
KNG top holdings are Emerson Electric Co. and Caterpillar Inc., occupying 1.72% and 1.68% of the portfolio correspondingly.
KNG last dividends amounted to 0.36 USD. The month before, the issuer paid 0.35 USD in dividends, which shows a 3.75% increase.
KNG assets under management is 3.74 B USD. It's risen 3.12% over the last month.
KNG fund flows account for 1.15 B 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.
Yes, KNG pays dividends to its holders with the dividend yield of 8.28%. The last dividend (May 30, 2025) amounted to 0.36 USD. The dividends are paid monthly.
KNG shares are issued by AJM Ventures LLC under the brand FT Vest. The ETF was launched on Mar 26, 2018, and its management style is Passive.
KNG expense ratio is 0.75% meaning you'd have to pay 0.75% of your investment to help manage the fund.
KNG follows the Cboe S&P 500 Dividend Aristocrats Target Income Monthly Series. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
KNG invests in stocks.
KNG price has risen by 1.88% over the last month, and its yearly performance shows a −4.23% decrease. See more dynamics on KNG price chart.
NAV returns, another gauge of an ETF dynamics, showed a −2.74% decrease in three-month performance and has increased by 4.66% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −2.74% decrease in three-month performance and has increased by 4.66% in a year.
KNG trades at a premium (0.08%) meaning the ETF is trading at a higher price than the calculated NAV.