FT Vest U.S. Equity Buffer & Premium Income ETF - March (XIMR)

The FT Vest U.S. Equity Buffer & Premium Income ETF - March is an exchange-traded fund offered by First Trust with Vest Financial as sub-advisor. It is listed on Cboe BZX under the ticker XIMR.

The fund combines a buffer strategy with an income strategy using options linked to U.S. large-cap equities, referencing the S&P 500. It seeks to cushion a portion of downside losses while producing regular income from option premiums, over an annual outcome period that begins in March.

These features come at the cost of limited participation in equity gains. The fund's options are rolled at the end of each outcome period, and investors entering after the start of a period may not receive the full targeted buffer.