Key stats
About FT Vest SMID Rising Dividend Achievers Target Income ETF
Home page
Inception date
Aug 9, 2023
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
SDVD 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.
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
Finance
Producer Manufacturing
Stocks99.96%
Finance32.36%
Producer Manufacturing17.11%
Consumer Non-Durables5.59%
Retail Trade5.17%
Industrial Services4.95%
Technology Services4.64%
Consumer Services4.46%
Consumer Durables4.34%
Process Industries3.96%
Commercial Services3.65%
Electronic Technology3.31%
Energy Minerals2.62%
Non-Energy Minerals2.05%
Distribution Services1.79%
Health Services1.29%
Transportation0.86%
Utilities0.58%
Miscellaneous0.51%
Health Technology0.37%
Bonds, Cash & Other0.04%
Cash0.39%
Rights & Warrants−0.34%
Stock breakdown by region
North America98.47%
Latin America1.11%
Europe0.43%
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
SDVD invests in stocks. The fund's major sectors are Finance, with 32.47% stocks, and Producer Manufacturing, with 17.17% of the basket. The assets are mostly located in the North America region.
SDVD top holdings are InterDigital, Inc. and Paycom Software, Inc., occupying 1.19% and 1.19% of the portfolio correspondingly.
SDVD last dividends amounted to 0.15 USD. The month before, the issuer paid 0.14 USD in dividends, which shows a 8.91% increase.
SDVD assets under management is 457.11 M USD. It's risen 8.00% over the last month.
SDVD fund flows account for 367.12 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.
Yes, SDVD pays dividends to its holders with the dividend yield of 9.10%. The last dividend (May 30, 2025) amounted to 0.15 USD. The dividends are paid monthly.
SDVD shares are issued by AJM Ventures LLC under the brand FT Vest. The ETF was launched on Aug 9, 2023, and its management style is Active.
SDVD expense ratio is 0.85% meaning you'd have to pay 0.85% of your investment to help manage the fund.
SDVD follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SDVD invests in stocks.
SDVD price has risen by 3.30% over the last month, and its yearly performance shows a −3.10% decrease. See more dynamics on SDVD price chart.
NAV returns, another gauge of an ETF dynamics, showed a 0.68% increase in three-month performance and has decreased by −2.78% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 0.68% increase in three-month performance and has decreased by −2.78% in a year.
SDVD trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.