What is BUFT?

BUFT is an actively-managed fund-of-funds that allocates exposure to defined outcome buffer ETFs referencing the SPY.

PERFORMANCE [as of 12/07/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
BUFT 0.76% 0% -7.42% -6.89% -- -- --
BUFT (NAV) 1.05% -0.17% -7.22% -6.70% -- -- --
No Underlying Index -- -- -- -- -- -- --
MSCI USA Large Cap Index 3.44% -1.17% -17.64% -16.34% 9.39% 10.38% 12.96%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

BUFT Factset Analytics Insight

BUFT is a basket of defined outcome buffer ETFs. It consists of five to seven equity buffer funds, taken from a universe of defined outcome ETFs (U.S. Equity Buffer, U.S. Equity Deep Buffer, and U.S. Equity Enhance & Moderate Buffer) offered by the issuer. Each underlying ETF has exposure to SPY’s capped gains and provides buffer to either the first 10%, first 15%, or 5%-30% of losses, over a defined one-year period. For selection and weighting, the fund adviser considers various factors including the current price of SPY, NAV, target outcome period, implied volatility, price sensitivity, remaining cap, and remaining buffer. Underlying ETFs are also selected such that the resulting portfolio has an optimal downside protection, while providing some upside growth participation. The portfolio is evaluated on a monthly basis. Information on BUFT’s exposure to the underlying ETFs is provided daily on the issuer’s website.

BUFT Summary Data

First Trust
10/26/21
1.05%
$140.88M
No Underlying Index
MSCI USA Large Cap Index
Open-Ended Fund

Peers

MSCI USA Large Cap Index

Fund Flows

-$0.00B 5 Days
-$0.02B 30 Days
-$0.01B 90 Days

BUFT Portfolio Data

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N/A
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BUFT Index Data

No Underlying Index
Fixed
Fixed
MSCI USA Large Cap Index

BUFT Portfolio Management

1.05%
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BUFT Tax Exposures

20.00% / 39.60%
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Qualified dividends
No

BUFT Fund Structure

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

Factset Analytics Block Liquidity

As of 12/08/22

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

BUFT Tradability

72,343
$1.34M
44,850
$825.31K
0.34%
$0.06
0.10%
0.35% / -0.28%
None
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--
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0
$18.66
N/A

BUFT Sector/Industry Breakdown

BUFT Segment
Benchmark
100.00% --

BUFT Top 10 Holdings

0.01%
100.00%

BUFT Performance Statistics

0.94
0.34
0.34
0.37
1.07%
MSCI USA Large Cap Index

BUFT Benchmark Comparison Holdings

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BUFT Benchmark Comparison Summary

BUFT Segment
Benchmark
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BUFT Benchmark Comparison Market Cap Size

BUFT Segment
Benchmark
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Options Strategies for Outcome Investing

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.