BUFD

FT Cboe Vest Fund of Deep Buffer ETFs
*Unless otherwise stated, data provided by FactSet.

BUFD Fund Description

BUFD is an actively-managed fund-of-funds that holds a laddered portfolio of FT Cboe Vest U.S. Equity Deep Buffer ETFs.

BUFD Factset Analytics Insight

BUFD is a basket of defined outcome buffer ETFs. The fund consists of four equity buffer funds, each of which has exposure to SPY’s capped gains and 5%-30% buffered losses. BUFD will invest equally in the underlying ETFs, holding one ETF with options expiring within three months, a second ETF with options expiring within six months, a third ETF with options expiring within nine months, and finally a fourth ETF with options expiring within 12 months. Unlike the monthly equity buffers that reset annually on a specific month, BUFD refreshes quarterly, starting February—one of the underlying ETFs resets its cap and refreshes its buffer. This creates a continuous hedge for BUFD regardless of each underlying ETF’s outcome period. The approach reduces the timing risks associated with a monthly buffer strategy. Information on BUFD’s exposure to the underlying ETFs, remaining cap and buffer is provided daily on the issuer’s website.

PERFORMANCE [as of 09/16/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
BUFD 0% 1.19% -- -- -- -- --
BUFD (NAV) 0.14% 1.36% -- -- -- -- --
No Underlying Index -- -- -- -- -- -- --
MSCI USA Large Cap Index 0.04% 6.83% 19.81% 33.70% 18.63% 18.87% 16.64%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

BUFD Summary Data

First Trust
FT Cboe Vest
01/20/21
Open-Ended Fund
1.05%
$175.59M
$1.54M
0.46%

BUFD Portfolio Data

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N/A
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BUFD Index Data

No Underlying Index
Fixed
Fixed
MSCI USA Large Cap Index

BUFD Portfolio Management

1.05%
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BUFD Tax Exposures

20.00% / 39.60%
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Ordinary income
No

BUFD Fund Structure

Open-Ended Fund
No
N/A
-- / --
N/A
N/A
Low
Daily

BUFD Factset Analytics Block Liquidity

As of 09/17/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of BUFD. BUFD is rated a N/A out of 5.

BUFD Tradability

73,741
$1.54M
41,331
$863.14K
0.46%
$0.10
0.12%
0.41% / -0.31%
None
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0
$20.90
N/A

BUFD Countries


BUFD
Segment Benchmark
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0.10%
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99.90%

BUFD Regions


BUFD
Segment Benchmark
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100.00%

BUFD Economic Development


BUFD
Segment Benchmark
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100.00%

BUFD Performance Statistics

0.84
0.24
0.23
0.27
0.63%
MSCI USA Large Cap Index

BUFD Benchmark Comparison Holdings

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BUFD Benchmark Comparison Summary


BUFD
Segment Benchmark
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BUFD Benchmark Comparison Market Cap Size


BUFD
Segment Benchmark
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