(SDVD) FT Vest SMID Rising - Ratings and Ratios

The FT Vest SMID Rising Dividend Achievers Target Income ETF (BATS:SDVD) is an actively managed exchange-traded fund that focuses on investing at least 80% of its net assets in dividend-paying securities of small and mid-capitalization companies. The funds primary objective is to generate income, while also seeking capital appreciation as a secondary goal. By targeting companies with a history of increasing dividend payments, the fund aims to provide a relatively stable source of returns.

Given its non-diversified nature, the fund is more susceptible to individual stock performance, which can be both a risk and an opportunity. To mitigate this risk, the funds management team likely employs a rigorous stock selection process, focusing on companies with strong dividend growth prospects. The funds investment strategy is geared towards capturing the potential of smaller-cap companies that have demonstrated a commitment to returning value to shareholders through dividend payments.

Analyzing the funds recent performance, we observe that it has been trending upwards, with its current price of $20.56 exceeding both its 20-day and 50-day simple moving averages (SMA20: $20.15, SMA50: $19.75). However, it remains slightly above its 200-day moving average (SMA200: $20.46), indicating a relatively stable long-term trend. The Average True Range (ATR) of 0.26, equivalent to 1.24%, suggests moderate volatility. With a 52-week high of $22.89 and a low of $17.26, the fund has demonstrated its ability to navigate varying market conditions.

Considering the funds assets under management (AUM) of $496.83M USD, it appears to have a reasonable scale, potentially allowing for more efficient trading and lower expense ratios. Looking ahead, if the fund continues to invest in companies with strong dividend growth prospects, it may be well-positioned to achieve its income generation and capital appreciation objectives. Based on the technical indicators, a potential forecast could be that the funds price may continue to trend upwards, potentially reaching $21.50 in the near term, driven by its momentum and relatively stable long-term trend. However, this forecast is contingent upon the funds continued ability to identify and invest in high-quality dividend-paying securities.

To further inform this forecast, a more detailed analysis of the funds holdings and the overall market environment would be necessary. Nonetheless, based on the available data, the FT Vest SMID Rising Dividend Achievers Target Income ETF appears to be a viable option for investors seeking income generation and capital appreciation, with a reasonable level of risk.