FT Vest Gold Strategy Quarterly Buffer ETF uses gold-linked options to pursue a defined outcome over each quarterly period. Its buffer and upside cap depend on the option terms and the investor's entry date, not on a promise that gold losses disappear.
Business
Gold buffer-strategy ETF
Listing
BGLD · BATS
Reporting period
2026-06-30
Dividend schedule
Annual
How the business works
Cash or collateral may earn interest, but gold-linked option gains and losses drive much of the wider result. Net investment income alone is not a test of this strategy's capital outcome or a future cash payment.
Extras are shown separately and are not assumed to repeat.
Reported earnings
Each measure shown separately, per share
Net investment income$0.22
Jan 1, 2026 to Jun 30, 2026
$0.00$0.22
Distribution yield44.95%Sourced distributions divided by dated market priceReported annual income yield3.62%Reported net investment income $0.6200 per share for 2025-01-01 to 2025-12-31, divided by approved 2025-12-31 market price $17.1100. Excludes capital gains; historical, not a current yield or forecast.Reported annual investment income$0.62Per share for 2025 FY. Excludes investment gains.Trailing 12-month distributions$7.58Recorded recurring payments per share, not a forecast
Dividend payment dates
Each announced payment is shown separately. Extra payments are not assumed to repeat.
Compare the share price with the value of the fund portfolio after liabilities. Each price is matched to a dated NAV; a different price date is shown in the label. Read NAV together with cash distributions.
Cash distributions and reported returns
Cash distributions are the total paid per share during each reporting period, including any gains or return of capital. Period lengths may differ, so compare the dates before comparing amounts. Short periods are not annualized.
NAV change excludes distributions. Reported NAV total return includes reinvestment and is copied from the fund statement, not estimated by adding cash distributions to the NAV change.
How to read BGLD income
Interest and dividends are only part of this strategy. Option gains, losses and the hedge also affect what can be paid.
Check the protection period, upside limits and NAV alongside cash distributions.
Income and distributions
Income and cash distributions per share for the same dated periods. Shorter periods are kept separate and are not annualized. Interest and dividends are only part of this strategy. Option gains, losses and the hedge also affect what can be paid.
Income and capital are exposed to gold losses beyond the buffer, outcome-period timing and capped returns.
Monitor
A change can affect future distributions or shareholder capital.
Distribution variability
Payments can change and can include gains or return of capital. A high trailing yield does not establish earnings coverage or total return.
Monitor
A change can affect future distributions or shareholder capital.
Market and implementation risk
Market liquidity, trading costs, derivative execution where used, and fund expenses can reduce shareholder returns.
Monitor
A change can affect future distributions or shareholder capital.
The assets behind the earnings
How BGLD makes money
Financial snapshot: 2026-06-30. Research reviewed 2026-09-21. Compare results for the reporting periods shown. Historical results are not a forecast.
The assets it owns
$48.045 million net assets at June30,2026Six gross-asset categories
Gross assets49.139462million less liabilities1.094954million equal net assets48.044508million. Written options1.058403million are liabilities, not positive assets.
Treasury bills97.918809123307%
Money market fund0.64954109591188%
Purchased options1.3347826233832%
Cash and collateral cash0.092115375622143%
Due from broker0.0028449639924833%
Dividend receivable0.0019068177832309%
Percent of total gross assets at June30,2026; options strategy exposure differs from this balance-sheet allocation.
For the six months ended June 30, 2026, BGLD reported $0.22 of net investment income and paid no distributions per share. Net asset value fell from $17.09 to $16.29. There is no same-period cash payment to test for coverage; the option result and the exact outcome-period terms matter more here.
Portfolio interest and dividends, realized investment results and any derivative activity contribute to distribution resources after expenses. Taxable income and cash distributions can differ from reported net investment income.
The earnings available to shareholders depend on the cash generated by these activities after operating and financing costs. Portfolio gains, financing proceeds and recurring income should be evaluated separately.
FT Vest Gold Strategy Quarterly Buffer ETF reported $0.2200 per share for 2026-01-01 to 2026-06-30, measured as Fund net investment income per common share; actual reporting period, not annualized.
Actual per-share reporting period, without annualisation. Net investment income, realized gains, unrealized changes and cash distributions are different measures. This comparison is not the Fly High forward Dividend Coverage Ratio.
Income and capital are exposed to gold losses beyond the buffer, outcome-period timing and capped returns.
Watch for changes in the underlying exposure and the next reported results before treating the current payment as evidence of continuing earnings support.
Payments can change and can include gains or return of capital. A high trailing yield does not establish earnings coverage or total return.
Watch for changes in the underlying exposure and the next reported results before treating the current payment as evidence of continuing earnings support.
Check the next like-length option result and any cash paid against the active buffer and cap terms, the entry date and net asset value.
Net asset value (NAV)
NAV per share$16.4300Sep 29, 2026Market price$16.4800Sep 29, 2026PREMIUM / DISCOUNT TO NAV0.30% premiumCalculated from the displayed same-date values.
NAV is the fund's assets minus liabilities, divided by shares outstanding. All values are USD per share.
First Trust reported closing NAV and market price, both dated 2026-09-29. The premium or discount is calculated from these two reported closing values. Older audited NAV history remains unchanged.
Actual first-half2026 net investment income was $0.22 per share; no distribution was paid in that half-year.
Six reported periods are connected, including four complete calendar years.
Final2025 tax reporting separates ordinary dividends from return of capital.
What to watch next
Check the next like-length option result and any cash paid against the active buffer and cap terms, the entry date and net asset value.
Fly High context
Check the next like-length option result and any cash paid against the active buffer and cap terms, the entry date and net asset value.
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U.S. federal · Tax year 2025
Dividend tax treatment
Final2025 company reporting allocates the $7.5834 distribution to $6.279618 ordinary dividends and $1.303782 return of capital. Qualified dividends, capital-gain distributions, exempt interest and Section199A are zero.
Ordinary, nonqualified
82.81%
Qualified dividends
0%
Capital-gain distributions
0%
Return of capital
17.19%
Tax year: 2025. Total distributions: $7.58 per share.
Tax details and source
Total ordinary dividends (includes qualified)
82.81%
Section 199A portion (within ordinary dividends)
0%
Exempt-interest distributions
0%
Reporting form
Form 1099-DIV
Source date
2026-02-12
Qualified dividends are included in total ordinary dividends. Section 199A is a separate designation within ordinary dividends, not extra income or qualified dividend income.
Your account type, holding period and circumstances affect treatment. Use your broker’s tax statement for filing. Return of capital generally reduces cost basis; amounts beyond basis can be taxable. IRS dividend guidance.
