DMAY

FT Cboe Vest U.S. Equity Deep Buffer ETF - May
*Unless otherwise stated, data provided by FactSet.

DMAY Fund Description

DMAY aims for specific buffered losses and capped gains on the SPY over a specific holdings period. The actively-managed fund holds options and collateral.

DMAY Factset Analytics Insight

DMAY uses flex options in an effort to moderate losses on an ETF, SPY, over a one-year period starting each May. Using SPY is a slightly different approach than using S&P 500 index flex options, what is gained in favorable tax treatment may be lost in higher expense. The fund offers a buffer for the first 5-30% losses on the SPY. The fund will cover 5% of the losses between the buffer zone and additional 25% coverage on SPYs realized losses if it falls below the buffer zone. Investors forego the upside participation above a certain threshold, which is reset annually. Investors who buy at any other time than the annual reset day may have a very different protection and buffer zone. The issuer publishes effective interim levels daily on its website. The fund must be held to the end of the period to achieve the intended results. The targeted buffers and caps do not include the fund’s expense ratio. The fund is actively managed and uses flex options exclusively.

PERFORMANCE [as of 07/01/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
DMAY -2.85% -10.62% -10.76% -8.10% -- -- --
DMAY (NAV) -2.68% -11.00% -11.04% -8.19% -- -- --
No Underlying Index -- -- -- -- -- -- --
MSCI USA Large Cap Index -6.37% -16.14% -20.07% -11.70% 10.89% 11.81% 13.19%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

DMAY Summary Data

First Trust
FT Cboe Vest
05/15/20
Open-Ended Fund
0.85%
$229.77M
$4.34M
0.29%

DMAY Portfolio Data

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N/A
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DMAY Index Data

No Underlying Index
Fixed
Fixed
MSCI USA Large Cap Index

DMAY Portfolio Management

0.85%
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DMAY Tax Exposures

20.00% / 39.60%
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Ordinary income
No

DMAY Fund Structure

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

DMAY Factset Analytics Block Liquidity

As of 07/05/22
5
4
3
2
1

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

DMAY Tradability

137,977
$4.34M
63,615
$2.04M
0.29%
$0.09
-0.12%
0.39% / -0.90%
None
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50,000
1.27
0.01%
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0
$30.99
N/A

DMAY Top 10 Holdings

99.04%
0.96%
100.00%

DMAY Countries


DMAY
Segment Benchmark
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0.11%
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99.89%

DMAY Regions


DMAY
Segment Benchmark
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100.00%

DMAY Economic Development


DMAY
Segment Benchmark
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100.00%

DMAY Performance Statistics

0.85
0.45
0.45
0.55
0.71%
MSCI USA Large Cap Index

DMAY Benchmark Comparison Holdings

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DMAY Benchmark Comparison Summary


DMAY
Segment Benchmark
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DMAY Benchmark Comparison Market Cap Size


DMAY
Segment Benchmark
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