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Dividend Vision

OCTM — FT Vest U.S. Equity Max Buffer ETF – October

FT Vest U.S. Equity Max Buffer ETF – October (OCTM)

OCTM pays a 0.00% distribution rate, on a 0.85% expense ratio. Total return is 11.8% over the past 1.8 years, 24.0 points behind SPY at 35.8%. Its deepest 1-year drawdown was 1.6%.

FT Vest U.S. Equity Max Buffer ETF – October is an ETF that invests substantially all of its assets in flexible exchange options referencing an underlying equity ETF, designed to provide buffered equity exposure with defined risk parameters. The fund does not currently distribute income to shareholders and carries an expense ratio of 0.85%. This structure appeals to investors seeking equity market participation with downside protection mechanisms rather than traditional dividend income.

OCTM key facts

Issuer
First Trust
Asset type
ETF
Asset class
Equity
Inception date
10/18/2024
Expense ratio
0.85%
Distribution rate
0.00%
Last close
$33.98
AUM
$32,231,981
Average volume
820.0
Beta
0.1732
P/E ratio
26.3504