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KNG · FT Vest S&P 500 Dividend Aristocrats Target Income ETF

Know the company

Company overview

FT Vest S&P 500 Dividend Aristocrats Target Income ETF owns companies with long dividend-growth records and adds an option strategy. Company dividends provide one cash stream, while options add another source whose result can vary with the market.

Business: Equity and option-income ETF
Listing: KNG · BATS
Reporting period: 2026-04-30
Dividend schedule: Monthly

How the business works

Stock dividends after expenses contribute to net investment income. Option and stock-price results are separate and can matter as much as the income line when reading the distribution and net asset value.

FT Vest S&P 500 Dividend Aristocrats Target Income ETF: financial report supporting reported earnings

Dividend & earnings snapshot

Dividend payments

Per common share

$0.3447Reviewed declaration · Payment Sep 30, 2026

Regular dividend

Announced Sep 23, 2026

Dates and company reports

Announcement: Sep 23, 2026
Declaration: Sep 23, 2026
Ex-dividend: Sep 24, 2026
Record: Sep 24, 2026
Payment: Sep 30, 2026

Dividend declaration for payment Sep 30, 2026 · www.ftportfolios.com · Announced Sep 23, 2026

Extras are shown separately and are not assumed to repeat.

Reported earnings

Each measure shown separately, per share

Net investment income$0.44

Nov 1, 2025 to Apr 30, 2026

Distribution yield8.45%Sourced distributions divided by dated market price

Reported annual income yield1.76%Reported net investment income $0.8500 per share for 2024-11-01 to 2025-10-31, divided by approved 2025-10-31 market price $48.3500. Excludes capital gains; historical, not a current yield or forecast.

Reported annual investment income$0.85Per share for 2025 FY. Excludes investment gains.

Trailing 12-month distributions$4.21Recorded recurring payments per share, not a forecast

Dividend payment dates

Each announced payment is shown separately. Extra payments are not assumed to repeat.

Regular dividend

$0.3447

Payment: Sep 30, 2026

Announced Sep 23, 2026

Dates and company reports

Announcement: Sep 23, 2026
Declaration: Sep 23, 2026
Ex-dividend: Sep 24, 2026
Record: Sep 24, 2026
Payment: Sep 30, 2026

Dividend declaration for payment Sep 30, 2026 · www.ftportfolios.com · Announced Sep 23, 2026

Reported earnings and sources

Reported earnings for the latest four periods. Compare the same earnings measure across periods; different measures are not added together.

Reporting period	Earnings measure	Per share	Source
Nov 1, 2025 to Apr 30, 2026	Net investment income	$0.44	Company report 1 Announced Jul 7, 2026

Market price and NAV per share

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.

History

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.

Reporting period	Ending NAV	NAV change	Distributions / share	Reported NAV total return	Source
Nov 1, 2025 to Apr 30, 2026	$49.39	+2.21%	$2.11	+6.60%	Verified company financial highlights for this exact fiscal period; total return is reported, not inferred.
Nov 1, 2024 to Oct 31, 2025	$48.32	-7.86%	$4.31	Not available	Fund financial highlights for the exact share class and reporting period.
Nov 1, 2023 to Oct 31, 2024	$52.44	+10.73%	$4.54	Not available	Fund financial highlights for the exact share class and reporting period.
Nov 1, 2022 to Oct 31, 2023	$47.36	-5.81%	$2.84	Not available	Fund financial highlights for the exact share class and reporting period.
Nov 1, 2021 to Oct 31, 2022	$50.28	-8.20%	$2.02	Not available	Fund financial highlights for the exact share class and reporting period.
Nov 1, 2020 to Oct 31, 2021	$54.77	+29.17%	$1.93	Not available	Fund financial highlights for the exact share class and reporting period.

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 KNG income

Fund income alone does not measure the full contribution from options. Cash distributions can also include gains or return of capital.

Follow distributions together with NAV and total return. A large payment is not proof that the strategy earned that amount.

Income and distributions

Income and cash distributions per share for the same dated periods. Shorter periods are kept separate and are not annualized. Fund income alone does not measure the full contribution from options. Cash distributions can also include gains or return of capital.

Reporting period	Net investment income/share	Total distributions/share
2020-11-01 to 2021-10-31	$0.73	$1.93
2021-11-01 to 2022-10-31	$0.81	$2.02
2022-11-01 to 2023-10-31	$0.86	$2.84
2023-11-01 to 2024-10-31	$0.83	$4.54
2024-11-01 to 2025-10-31	$0.85	$4.31
2025-11-01 to 2026-04-30	$0.44	$2.11

Risk monitor

Risk	Current condition	Direction	Why it matters
Portfolio and strategy risk	Income and capital are exposed to stock-market losses, dividend-policy changes and option execution.	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 KNG makes money

Financial snapshot: 2026-04-30. Research reviewed 2026-09-18. Compare results for the reporting periods shown. Historical results are not a forecast.

The assets it owns

$3.402 billion net assetsEquity and option-income ETF

Net assets checked 2026-09-11. Borrowings and preferred financing are excluded from this net-assets figure.

A complete, comparable portfolio allocation is not available for this chart. No percentages have been estimated.

FT Vest S&P 500 Dividend Aristocrats Target Income ETF: net assets and portfolio information, checked 2026-09-11

Reported earnings and distributions

2025-11-01 to 2026-04-30 · $ per share

Fund net investment income per common share; actual reporting period, not annualized$0.4400

Total cash distributions in the same period$2.1100

For the six months ended April 30, 2026, KNG reported $0.44 of net investment income and $2.11 of distributions per share. Net asset value rose from $48.32 to $49.39. The ending value adds useful context, but the option and stock results are needed to explain the cash beyond ordinary dividends.

FT Vest S&P 500 Dividend Aristocrats Target Income ETF: financial report supporting reported earnings

The income-producing business

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 S&P 500 Dividend Aristocrats Target Income ETF: financial report supporting reported earnings

What the reported earnings support

FT Vest S&P 500 Dividend Aristocrats Target Income ETF reported $0.4400 per share for 2025-11-01 to 2026-04-30, 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.

FT Vest S&P 500 Dividend Aristocrats Target Income ETF: financial report supporting reported earnings

Portfolio and strategy risk

Income and capital are exposed to stock-market losses, dividend-policy changes and option execution.

Watch for changes in the underlying exposure and the next reported results before treating the current payment as evidence of continuing earnings support.

FT Vest S&P 500 Dividend Aristocrats Target Income ETF: financial report supporting reported earnings

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.

Watch for changes in the underlying exposure and the next reported results before treating the current payment as evidence of continuing earnings support.

FT Vest S&P 500 Dividend Aristocrats Target Income ETF: financial report supporting reported earnings

What would change the earnings picture?

Read the next comparable income and cash period with option results, stock returns and net asset value.

Net asset value (NAV)

NAV per share$48.4000Sep 29, 2026

Market price$48.4400Sep 29, 2026

PREMIUM / DISCOUNT TO NAV0.08% 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.

NAV source · Market-price source

Current evidence and recent developments

Reported fund net investment income per share: $0.44 for 2025-11-01 to 2026-04-30; actual period, not annualized.
Trailing distribution screen: 8.45% on 2026-09-11.
Latest announced cash distribution in the checked history: $0.3621; usual frequency monthly.

What to watch next

Read the next comparable income and cash period with option results, stock returns and net asset value.

Fly High context

Read the next comparable income and cash period with option results, stock returns and net asset value.

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U.S. federal · Tax year 2025

Dividend tax treatment

The fund's 2025 distributions were mainly ordinary dividends. The mix can change from year to year.

This company information is a guide, not your personal tax statement. Use your Form 1099-DIV when you file.

Ordinary, nonqualified: 59.27%
Qualified dividends: 23.97%
Capital-gain distributions: 16.76%
Return of capital: 0%

Tax year: 2025. Total distributions: $4.23 per share.

Tax details and source

Total ordinary dividends (includes qualified): 83.24%
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.

Tax source

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.

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