FT Vest Technology Dividend Target Income ETF (TDVI)

The FT Vest Technology Dividend Target Income ETF (TDVI) is an exchange-traded fund from First Trust, sub-advised by Vest Financial, that combines dividend-paying technology stocks with an options-based income overlay.

The fund holds a portfolio of technology and technology-related companies that pay dividends, generally following a rules-based index of such stocks. To boost income, it writes call options on a portion of its exposure, collecting premiums with the aim of reaching a targeted level of annual income above the market's dividend yield. Writing calls limits some of the fund's upside in strong markets.

Its objective is to provide consistent current income while retaining exposure to the technology sector.