Symbols

JANM

FT Vest U.S. Equity Max Buffer ETF – January·CBOE

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Key Stats

Assets Under Management

28.12MUSD

Fund Flows (1Y)

8.97MUSD

Dividend Yield

Discount/Premium to NAV

-0.01%

Shares Outstanding

850.00K

Expense Ratio

0.85%

About FT Vest U.S. Equity Max Buffer ETF – January

Issuer

First Trust Advisors L.P.

Brand

FT Vest

Home Page

http://www.ftportfolios.com/retail/etf/EtfSummary.aspx?Ticker=JANM

Inception Date

Jan 17, 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 FT Vest U.S. Equity Max Buffer ETF - January (the "Fund") is to seek to provide investors with returns (before fees and expenses) that match the price return of the SPDR S&P 500 ETF (the "Underlying ETF") up to a predetermined upside cap while seeking to provide the maximum available buffer (before fees and expenses), against Underlying ETF losses over an approximate period of one year (the "Target Outcome Period"). Over the Target Outcome Period that began on January 21, 2025 and ends on January 16, 2026 the Fund seeks to buffer against the first 100% of Underlying ETF losses and limit gains up to a predetermined upside cap of 7.24%. When the Fund's fees and expenses are taken into account, the cap is 6.39% and the buffer is 99.15%.