What is BUFD?

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

PERFORMANCE [as of 03/21/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
BUFD 0.22% 1.51% 2.13% -4.74% -- -- --
BUFD (NAV) 0.32% 1.74% 2.04% -4.51% -- -- --
No Underlying Index -- -- -- -- -- -- --
MSCI USA Large Cap Index 1.08% 4.51% 5.64% -8.99% 21.74% 10.30% 12.32%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

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 as 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.

BUFD Summary Data

First Trust
01/20/21
1.05%
$497.95M
No Underlying Index
MSCI USA Large Cap Index
Open-Ended Fund

Peers

MSCI USA Large Cap Index

Fund Flows

-$0.00B 5 Days
-$0.01B 30 Days
-$0.04B 90 Days

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

Factset Analytics Block Liquidity

As of 03/22/23

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

201,231
$4.03M
105,049
$2.11M
0.38%
$0.08
0.08%
0.33% / -0.29%
None
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0
$20.09
N/A

BUFD Sector/Industry Breakdown

BUFD Segment
Benchmark
100.00% --
-0.00% --

BUFD Performance Statistics

0.97
0.38
0.36
0.40
0.94%
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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