Symbols

DFII

FT Vest Bitcoin Strategy & Target Income ETF·NYSE

--(--)

Key Stats

Assets Under Management

19.91MUSD

Fund Flows (1Y)

22.74MUSD

Dividend Yield

16.71%

Discount/Premium to NAV

0.28%

Shares Outstanding

1.10M

Expense Ratio

0.85%

About FT Vest Bitcoin Strategy & Target Income ETF

Issuer

First Trust Advisors L.P.

Brand

First Trust

Home Page

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

Inception Date

Apr 2, 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

DFII aims for a partial participation in the returns of bitcoin and a high level of income that is approximately 15% higher than the annual yield of one-month US Treasury securities. The fund utilizes options contracts referencing bitcoin exposure instruments (i.e., bitcoin ETPs and indices), as well as other income-producing investments. It may include standardized listed, FLEX, and OTC options with expirations of one year or less. Generally, the funds purchased call and sold put options provide capped gains and full participation in all bitcoin instruments losses. The fund also employs a partial covered call strategy that seeks to sell at-the-money call options with expirations of less than 30 days. Lastly, it may hold short-term US Treasurys, cash and cash-equivalents, or may utilize a box spread consisting of a synthetic long position along with an offsetting synthetic short position. Note: the fund does not invest directly in bitcoin and its target income is not guaranteed.