Welcome to our dedicated page for FT Cboe Vest S&P 500® Dv Ast Tgt ETF news (Ticker: KNG), a resource for investors and traders seeking the latest updates and insights on FT Cboe Vest S&P 500® Dv Ast Tgt ETF stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect FT Cboe Vest S&P 500® Dv Ast Tgt ETF's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
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First Trust Advisors L.P. announced the successful reorganization of the Cboe Vest S&P 500® Dividend Aristocrats Target Income ETF into the FT Cboe Vest S&P 500® Dividend Aristocrats Target Income ETF (stock symbol: KNG). This transition aims to provide income similar to high dividend payers while offering lower volatility and greater total return potential. With over $1.6B in assets as of January 29, 2021, the fund, managed by Cboe Vest, seeks to generate annualized income approximately 3% over the S&P 500 index's yield.
