KNG - FT Cboe Vest S&P 500 Dividend - Stock & Dividends

The FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF is an investment fund that puts at least 80% of its assets into the securities that make up the underlying index.

This index is designed to achieve two main objectives. Firstly, it aims to generate a steady income stream from a combination of stock dividends and option premiums, targeting an annualized level of around 8% above the annual dividend yield of the S&P 500 Index. Secondly, it seeks to provide capital appreciation over time.

The fund's strategy is based on a rules-based approach, which means that it follows a predetermined set of guidelines to select and manage its investments. This approach helps to minimize emotional biases and ensures that the fund stays focused on its objectives.

By investing in a diversified portfolio of dividend-paying stocks and options, the fund aims to provide a relatively stable source of income for its investors. At the same time, it also offers the potential for long-term capital growth, making it an attractive option for investors seeking a balanced investment approach.

As a listed ETF, the fund offers investors the benefits of transparency, liquidity, and flexibility, allowing them to easily buy and sell shares throughout the trading day.

For more information about the fund, you can visit the company's website.

The fund is domiciled in the United States.