KNG – FT Cboe Vest S&P 500® Dv Ast Tgt Inc ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks investment results that correspond generally to the price and yield of an equity index called the Cboe S&P 500® Dividend Aristocrats Target Income Index Monthly Series. The fund will normally invest at least 80% of its total assets in the securities that comprise the index. The index is designed to track the performance of a hypothetical BuyWrite strategy on constituents of the S&P 500 Dividend Aristocrats Index, which targets companies that are currently members of the S&P 500 ® Index.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
KNG	FT Cboe Vest S&P 500® Dividend Aristocrats Target Income ETF	ETF	Open	—		Mar 26, 2018	—	0.740%	—	—	—
KNG	FT Cboe Vest S&P 500® Dividend Aristocrats Target Income ETF	ETF	Open			Mar 26, 2018	$3.22B	0.740%	—	—	−$651.76M

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