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Dividend Vision

GFEB — First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - February

First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - February (GFEB)

GFEB pays a 0.00% distribution rate, on a 0.85% expense ratio. Total return is 54.2% over the past 3.5 years, 49.2 points behind SPY at 103.4%. Its deepest 1-year drawdown was 4.5%.

GFEB is an equity ETF that employs a buffer strategy designed to provide downside protection while maintaining upside exposure to U.S. equities, with a February roll date for its protective collar mechanism. The fund carries an 0.85% expense ratio and currently distributes no dividend yield, reflecting its focus on capital structure rather than income generation. This ETF appeals primarily to investors seeking a defensive equity approach with built-in hedging features rather than those prioritizing dividend income or growth.

GFEB key facts

Issuer
First Trust
Asset type
ETF
Asset class
Equity
Inception date
02/17/2023
Expense ratio
0.85%
Distribution rate
0.00%
Last close
$44.79
AUM
$379,663,410
Average volume
14476.0
Beta
0.48
P/E ratio
26.5178