FT Vest Rising Dividend Achievers Target Income ETF

RDVI

Market cap $3.02B

RDVI offers a superior yield-focused strategy amid market volatility, outperforming JEPI and earning a "Buy" rating. RDVI's portfolio emphasizes dividend growth and stability, using partial option coverage to balance high yields and capital preservation. JEPI's reliance on ELNs and declining dividend stability, combined with capital erosion, leads to a "Sell".

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. ("FTA") announces the declaration of the monthly distributions for certain exchange-traded funds advised by FTA. The following dates apply to today's distribution declarations: Expected Ex-Dividend Date: February 20, 2026 Record Date: February 20, 2026 Payable Date: February 27, 2026 Ticker Exchange Fund Name Frequency Ordinary Income Per Share Amount       ACTIVELY MANAGED EXCHANGE-TRADED FUNDS           First Trust Exchange-Traded Fund.

FT Vest Rising Dividend Achievers Target Inc ETF (RDVI) offers a covered call strategy on an S&P 500-like portfolio, structurally set up for strong upside capture. RDVI writes short-dated, at-the-money calls on only ~19% of the portfolio, enabling superior upside participation versus peers but providing limited drawdown protection. The fund targets an 8% yield above the S&P 500, with payouts largely taxed as ordinary income and an expense ratio of ~0.75%.

Covered-call strategies can be an income investors' best friend. Whether the broader stock market goes up, down or merely grinds sideways, selling covered calls pays.

FT Vest Rising Dividend Achievers Target Income ETF is rated Hold due to a risky strategy and poor risk-adjusted returns versus the S&P 500. RDVI's approach mismatches its rising dividend equity portfolio with S&P 500-based call writing, exposing investors to basis risk and underperformance. Despite an 8.44% yield, RDVI's high expense ratio (0.75%) and sector concentration lead to lower total returns and higher volatility than VOO.

FT Vest Rising Dividend Achievers Target Income ETF (RDVI) offers an 8.39% yield via an active buy-write strategy, focusing on dividend growth equities. RDVI provides broad sector diversification and monthly distributions, but underperforms its benchmark due to the limitations of the options strategy. Despite a higher 75bps expense ratio, RDVI remains attractive for income-focused investors compared to costlier closed-end funds and similar ETFs.

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. ("FTA") announces the declaration of the monthly distributions for certain exchange-traded funds advised by FTA.

RDVI stands out as a high-quality option ETF for long-term buy-and-hold investors, offering consistent distributions and price resilience across market cycles. The fund's 8.3% yield, monthly payouts, and tax-efficient return of capital make it especially attractive for retirees seeking reliable, supplemental income. RDVI's strategy combines high-quality dividend achievers with an at-the-money index option overlay, balancing income generation with some capital appreciation.

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. ("FTA") announces the declaration of the monthly distributions for certain exchange-traded funds advised by FTA. The following dates apply to today's distribution declarations: Expected Ex-Dividend Date: August 21, 2025 Record Date: August 21, 2025 Payable Date: August 29, 2025 Ticker Exchange Fund Name Frequency Ordinary Income Per Share Amount   ACTIVELY MANAGED EXCHANGE-TRADED FUNDS   First Trust Exchange-Traded Fund III FCAL Nasdaq F.

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. ("FTA") announces the declaration of the monthly distributions for certain exchange-traded funds advised by FTA. The following dates apply to today's distribution declarations: Expected Ex-Dividend Date: July 22, 2025 Record Date: July 22, 2025 Payable Date: July 31, 2025 Ticker   Exchange   Fund Name   Frequency   Ordinary Income Per Share Amount     ACTIVELY MANAGED EXCHANGE-TRADED FUNDS     First Trust Exchange-Traded Fund III   FCAL.