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RDVI · FT Vest Rising Dividend Achievers Target Income ETF

Know the company

Company overview

FT Vest Rising Dividend Achievers Target Income ETF owns U.S. companies with growing dividends and writes options to seek additional cash. Company dividends are one part of the payment; option and stock results determine much of the rest.

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

How the business works

Stock dividends after expenses appear in net investment income. Option outcomes and share-price changes influence distributions and net asset value separately.

FT Vest Rising Dividend Achievers Target Income ETF: financial report supporting reported earnings

Dividend & earnings snapshot

Dividend payments

Per common share

$0.1999Reviewed declaration · Payment Sep 30, 2026

Regular dividend

Announced Sep 23, 2026

Dates and issuer sources

Announcement: Sep 23, 2026
Declaration: Sep 23, 2026
Ex-dividend: Sep 24, 2026
Record: Sep 24, 2026
Payment: Sep 30, 2026
Source reviewed: Sep 28, 2026

Dividend declaration for payment Sep 30, 2026 · www.morningstar.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$0.11

Nov 1, 2025 to Apr 30, 2026

Distribution yield7.95%Sourced distributions divided by dated market price

Reported annual income yield1.09%Reported net investment income $0.2800 per share for 2024-11-01 to 2025-10-31, divided by approved 2025-10-31 market price $25.6700. Excludes capital gains; historical, not a current yield or forecast.

Trailing 12-month distributions$2.29Recorded recurring payments per share, not a forecast

Distribution supportSee period evidenceReported net investment income and total distributions for the same period are needed.

Verified dividend dates and payment components

Issuer announcements supplement the recorded totals above. Each declared payment is shown separately. Additional payments are not assumed to repeat.

Regular dividend

$0.1999

Payment: Sep 30, 2026

Announced Sep 23, 2026

Dates and issuer sources

Announcement: Sep 23, 2026
Declaration: Sep 23, 2026
Ex-dividend: Sep 24, 2026
Record: Sep 24, 2026
Payment: Sep 30, 2026
Source reviewed: Sep 28, 2026

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

Verified earnings history and sources

The latest four recorded reporting periods. Each issuer measure keeps its own name and dates. These source records supplement the Fly High figures above; different measures are not added together or assumed comparable.

Reporting period	Earnings measure	Per share	Source
Nov 1, 2025 to Apr 30, 2026	Net investment income	$0.11	Issuer source 1 Announced Jul 7, 2026

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	$27.47	+7.22%	$1.12	+11.83%	Verified issuer financial highlights for this exact fiscal period; total return is reported, not inferred.

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.

Reported distribution and income history

Net investment income and total cash distributions are separate reported figures. Investment gains, option activity where applicable, and other sources can contribute to distributions, so net investment income alone is not a coverage verdict. Partial periods are not annualized.

Reporting period	Net investment income/share	Total distributions/share
2023-11-01 to 2024-10-31	$0.34	$2.05
2024-11-01 to 2025-10-31	$0.28	$2.13
2025-11-01 to 2026-04-30	$0.11	$1.12

Risk monitor

Risk	Current condition	Direction	Why it matters
Portfolio and strategy risk	Income and capital are exposed to equity performance, dividend changes and option trade-offs.	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 RDVI makes money

Financial snapshot: 2026-04-30. Research reviewed 2026-09-18. Source dates are retained with each measure; historical results are not a forecast.

The assets it owns

$3.743 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 Rising Dividend Achievers 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$0.1100

Total cash distributions in the same period$1.1200

For the six months ended April 30, 2026, RDVI reported $0.11 of net investment income and $1.12 of distributions per share. Net asset value rose from $25.62 to $27.47. The small income line does not tell the whole payment story; option and stock returns are essential to it.

FT Vest Rising Dividend Achievers 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 Rising Dividend Achievers Target Income ETF: financial report supporting reported earnings

What the reported earnings support

FT Vest Rising Dividend Achievers Target Income ETF reported $0.1100 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 Rising Dividend Achievers Target Income ETF: financial report supporting reported earnings

Portfolio and strategy risk

Income and capital are exposed to equity performance, dividend changes and option trade-offs.

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 Rising Dividend Achievers 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 Rising Dividend Achievers Target Income ETF: financial report supporting reported earnings

What would change the earnings picture?

Compare the next matching cash and income period with option results, dividend growth and net asset value.

Net asset value (NAV)

NAV per share$28.0000Sep 29, 2026

Market price$28.0100Sep 29, 2026

PREMIUM / DISCOUNT TO NAV0.04% 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 issuer-reported closing NAV and market price, both dated 2026-09-29. The premium or discount is calculated from these two issuer-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: $0.11 for 2025-11-01 to 2026-04-30; actual period, not annualized.
Trailing distribution screen: 7.95% on 2026-09-11.
Latest announced cash distribution in the checked history: $0.2078; usual frequency monthly.

What to watch next

Compare the next matching cash and income period with option results, dividend growth and net asset value.

Fly High context

Compare the next matching cash and income period with option results, dividend growth 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 issuer information is a guide, not your personal tax statement. Use your Form 1099-DIV when you file.

Ordinary, nonqualified: 72.9%
Qualified dividends: 19.82%
Capital-gain distributions: 7.28%
Return of capital: 0%

Tax year: 2025. Total distributions: $2.13 per share.

Tax details and source

Total ordinary dividends (includes qualified): 92.72%
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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