FT Vest S&P 500 Dividend Aristocrats Target Income ETF
First Trust Exchange-Traded Fund IV · 1 share class
Fund classification
Classified from what the fund holds · as of 2026 Q2
FT Vest S&P 500 Dividend Aristocrats Target Income ETF is a U.S. equity index ETF that tracks the Cboe S&P 500 Dividend Aristocrats Target Income Index Monthly Series. 4% of KNG’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 93% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Index (passive)
- Fund type
- ETF
Fund profile
As filed in the prospectus · 2026 Q1
The FT Vest S&P 500 Dividend Aristocrats Target Income ETF (the Fund ) seeks investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an equity index called the Cboe S&P 500 Dividend Aristocrats Target Income Index Monthly Series (the Index ).
The fund tracks the Cboe S&P 500 Dividend Aristocrats Target Income Index, which holds stocks of S&P 500 companies with at least 25 consecutive years of dividend increases and sells monthly covered call options on those stocks to generate income targeting approximately 8% above the S&P 500's dividend yield. Day-to-day investment decisions are delegated to sub-adviser Vest Financial LLC. Because the fund sells call options, capital appreciation is capped when stock prices rise above the option strike prices, potentially limiting total returns relative to the S&P 500 Index. The fund may sell securities to meet its income target, which can result in return-of-capital distributions and reduced tax efficiency.
| Share class | Expense ratio |
|---|---|
| KNG | 0.74% |
Portfolio turnover 152.00% · as of 2026 Q1
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 100.25% |
| Cash & short-term | 0.27% |
| Derivatives | -0.57% |
The outer band is exposure held short — written against the portfolio rather than part of it, which is why it sits outside the ring and why the two are never netted into one figure.
Derivatives are shown at market value, not notional exposure.
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Consumer Staples | 23.4% |
| Industrials | 21.7% |
| Financials | 11.2% |
| Health Care | 8.7% |
| 8 smaller | 35.0% |
Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).
Portfolio growth profile
How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2
Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.
Latest quarter
What changed since the fund's previous filing
Largest new: CBOE GLOBAL MARKETS, INC. ×8
Largest exited: CBOE GLOBAL MARKETS, INC. ×8
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| CAT | CATERPILLAR INCCAT | 1.62% | $890.11 | $54.52M | 61.3K |
| BEN | FRANKLIN RESOURCES INCBEN | 1.60% | $29.97 | $53.94M | 1.8M |
| NUE | NUCOR CORPNUE | 1.58% | $225.29 | $53.09M | 235.6K |
| WST | WEST PHARMACEUTICAL SERVICES INCWST | 1.58% | $297.59 | $53.11M | 178.5K |
| NEE | NEXTERA ENERGY INCNEE | 1.57% | $97.88 | $52.97M | 541.2K |
| ADM | ARCHER DANIELS MIDLAND COMPANYADM | 1.55% | $74.54 | $52.34M | 702.1K |
| ES | EVERSOURCE ENERGYES | 1.54% | $70.70 | $51.88M | 733.7K |
| GD | GENERAL DYNAMICS CORPGD | 1.54% | $344.30 | $51.86M | 150.6K |
| KO | COCA-COLA COMPANY (THE)KO | 1.53% | $78.76 | $51.69M | 656.3K |
| ADP | AUTOMATIC DATA PROCESSING INCADP | 1.52% | $211.94 | $51.22M | 241.7K |
Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.
Top 10 positions are 15.63% of net assets, top 25 38.18%, across 71 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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