FT Vest U.S. Equity Moderate Buffer ETF - May (GMAY) Dividend Yield, History & Forecast

FT Vest U.S. Equity Moderate Buffer ETF - May (GMAY) is an exchange-traded fund (ETF) listed on the Chicago Board Options Exchange. market capitalization is approximately $294M.

GMAY fund composition

GMAY holds 8 positions, with 0.0% of assets in its ten largest. It charges an expense ratio of 0.85%, and manages $541.1M.

Top 10 holdings

HoldingWeight
4SPY 270521C000074102027-05-21 State Street® SPDR® S&P 500® ETF Trust C 7.410.00%
$USDUS Dollar0.00%
4SPY 270521P007391902027-05-21 State Street® SPDR® S&P 500® ETF Trust P 739.190.00%

Sector allocation

Technology38.5%Financial Services11.6%Communication Services9.9%Consumer Cyclical9.5%Healthcare8.9%Industrials8.4%Consumer Defensive4.5%Energy3.0%Other5.7%

Frequently Asked Questions about FT Vest U.S. Equity Moderate Buffer ETF - May (GMAY)

What does FT Vest U.S. Equity Moderate Buffer ETF - May invest in?
GMAY uses options in an effort to moderate losses on shares of SPDR S&P 500 ETF Trust (ticker: SPY) over a one-year period, starting in May. The fund foregoes some upside return, as well as the dividend component of IWM because the options are written on the price (not total) return version of the shares, in exchange for preventing realization of the first 15% of the losses in SPY value. Should the shares of SPY decline greater than 15%, investors participate in the downside performance on a $1 for $1 basis. Shares must be held over a specific period to pursue the intended results. At the end...