Symbols

DLNV

FT Vest U.S. Equity Dual Directional Buffer ETF - November·CBOE

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Key Stats

Assets Under Management

15.70MUSD

Fund Flows (1Y)

12.43MUSD

Dividend Yield

Discount/Premium to NAV

-0.13%

Shares Outstanding

500.00K

Expense Ratio

0.85%

About FT Vest U.S. Equity Dual Directional Buffer ETF - November

Issuer

First Trust Advisors L.P.

Brand

FT Vest

Home Page

https://www.ftportfolios.com/Retail/Etf/EtfSummary.aspx?Ticker=DLNV

Inception Date

Nov 21, 2025

Structure

Open-Ended Fund

Index Tracked

Management Style

Active

Dividend Treatment

Distributes

Distribution Tax Treatment

Ordinary income

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

First Trust Advisors LP

Distributor

First Trust Portfolios LP

The investment objective of the DLNV is to seek to provide investors with returns (before fees and expenses) that either match the price return of the SPDR S&P 500 ETF Trust ("SPY" or the "Underlying ETF") up to a predetermined upside cap or match the absolute or inverse value of the Underlying ETF losses up to a specified threshold (the "Inverse Performance Threshold"), while also seeking to provide a 10% buffer against losses that exceed the Inverse Performance Threshold over an approximate period of one year.