KNG FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF

*Unless otherwise stated, data provided by FactSet.

KNG Fund Description

KNG tracks an equal-weighted index of US large-cap companies that have increased dividends for at least 25 years, with a partial overlay of covered call options.

KNG Factset Analytics Insight

KNG employs an adjusted buy-write strategy on a dividend-focused portfolio. The equal-weighted portfolio is made up of companies from the S&P 500 that have increased dividends for each of the last 25 years. The fund writes covered call options on these stocks, which generates additional income but limits the upside of the portfolio. Rather than writing calls on the entire notional value of the fund’s stock holdings, KNG aims for combined income from dividends and call options that is 3% higher than the yield on the S&P 500. The covered call overlay is limited to 20% of the notional value. The index is reconstituted annually and rebalanced quarterly. Prior to being acquired by First Trust on March 1, 2021, the fund was managed by Cboe Vest Financial.

PERFORMANCE [as of 09/21/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
KNG -9.56% 0.73% -13.57% -4.65% 7.15% -- --
KNG (NAV) -9.46% 0.90% -13.27% -4.44% 7.27% -- --
MSCI USA Large Cap Index -10.28% 1.01% -20.49% -13.34% 10.16% 10.84% 12.29%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

KNG Summary Data

First Trust
FT Cboe Vest
03/26/18
Open-Ended Fund
0.75%
$515.68M
$2.58M
0.14%

KNG Portfolio Data

--
--
--
3.13%
N/A
--

KNG Index Data

Cboe S&P 500 Dividend Aristocrats Target Income Index Monthly Series
Fixed
Fixed
MSCI USA Large Cap Index

KNG Portfolio Management

0.75%
--
--
--

KNG Tax Exposures

20.00% / 39.60%
0.51%
Ordinary income
No

KNG Fund Structure

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

KNG Factset Analytics Block Liquidity

As of 09/22/22
5
4
3
2
1

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

KNG Tradability

50,177
$2.58M
37,743
$1.87M
0.14%
$0.07
0.09%
1.55% / -1.45%
None
100.00%
25,000
1.51
0.02%
0.01%
0
$48.56
5

KNG Sector/Industry Breakdown


KNG
Segment Benchmark
16.60%
--
13.74%
--
12.97%
--
10.47%
--
9.05%
--
6.27%
--
5.45%
--
5.01%
--
4.75%
--
3.44%
--

KNG Performance Statistics

0.76
0.66
0.66
0.74
0.68%
MSCI USA Large Cap Index

KNG Benchmark Comparison Holdings

--
--
--
--

KNG Benchmark Comparison Summary


KNG
Segment Benchmark
--
--
--
--
--
--
--
--
--
--
Low
--

KNG Benchmark Comparison Market Cap Size


KNG
Segment Benchmark
--
--
--
--
--
--
--
--