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FT Vest Rising Dividend Achievers Target Income ETF
RDVI (FT Vest Rising Dividend Achievers Target Income ETF) is an active US Dividend Equity ETF by FT. With a 0.75% MER, it provides diversified exposure through 72 holdings. Monthly distribution with a 8.46% yield.
RDVI is actively managed by FT's investment team, which selects holdings with the goal of outperforming a benchmark index.
With a 0.75% MER, its fees are in line with category averages. It pays a monthly distribution with a 8.46% yield, making it attractive for income-seeking investors.
This ETF suits investors who prioritize regular dividend income. It is often held in a TFSA to receive distributions tax-free.