# FT Vest U.S. Equity Buffer ETF - November (FNOV): ETF Facts & Distributions

> Markdown mirror of https://www.dividenddata.com/funds/fnov for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice.

- Issuer: First Trust · Asset class: Multi-Asset
- Strategy: Buffered · Inception: 2019-11-15

First Trust Exchange-Traded Fund VIII - FT Vest U.S. Equity Buffer ETF - November is an exchange traded fund launched and managed by First Trust Advisors LP. It is co-managed by Vest Financial, LLC. It invests in public equity markets of the United States. The fund invests through derivatives in stocks of companies operating across diversified sectors. It uses derivatives such as FLexible EXchange Options that reference the price performance of the SPDR S&P 500 ETF Trust to create its portfolio. The fund invests in growth and value stocks of large-cap companies. First Trust Exchange-Traded...

## Key Facts

| Metric | Value |
|---|---|
| Price | $60.31 |
| Expense Ratio | 0.85% |
| Assets Under Management | $1.26B |
| NAV | $60.31 |
| Holdings Count | 4 |
| Distribution Yield (TTM) | — |
| Annual Distribution (TTM) | — /share |
| Distribution Frequency | — |
| 52-Week Range | $52.25 – $60.87 |
| Beta | 0.67 |

## Frequently Asked Questions

### What does FNOV invest in?

First Trust Exchange-Traded Fund VIII - FT Vest U.S. Equity Buffer ETF - November is an exchange traded fund launched and managed by First Trust Advisors LP. It is co-managed by Vest Financial, LLC. It invests in public equity markets of the United States. The fund invests through derivatives in stocks of companies operating across diversified sectors. It uses derivatives such as FLexible EXchange Options that reference the price performance of the SPDR S&P 500 ETF Trust to create its portfolio. The fund invests in growth and value stocks of large-cap companies. First Trust Exchange-Traded Fund VIII - FT Vest U.S. Equity Buffer ETF - November was formed on November 15, 2019 and is domiciled in the United States.

### What is the expense ratio of FNOV?

FT Vest U.S. Equity Buffer ETF - November (FNOV) charges an expense ratio of 0.85%. This is the annual fee deducted from fund assets to cover management and operations.

### How big is FNOV?

FT Vest U.S. Equity Buffer ETF - November (FNOV) manages $1.26B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

### Is FNOV actively managed or an index fund?

FNOV's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

### When was FNOV launched?

FT Vest U.S. Equity Buffer ETF - November (FNOV) launched in November 2019 and is managed by First Trust.

### How has FNOV performed?

FNOV's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.

### Does FNOV pay a dividend?

FT Vest U.S. Equity Buffer ETF - November (FNOV) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab.

### How often does FNOV pay dividends?

FT Vest U.S. Equity Buffer ETF - November pays dividends on its published schedule. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page.

### What is FNOV's dividend yield?

FNOV's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price.

### When is FNOV's next ex-dividend date?

FNOV hasn't announced its next ex-date yet. Once declared it'll appear at the top of the dividend history table on this page.

### How much will FNOV's expense ratio cost me over 30 years?

On a $10,000 investment compounding at 7% gross return, a 0.85% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees.

### How does FNOV charge its expense ratio?

The expense ratio is deducted in tiny daily slices from FNOV's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price.

### Why does FNOV cost more than a fund like VOO?

FNOV's strategy (current expense ratio 0.85%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where FNOV sits within its own category, which is the comparison that actually matters.

### Are there cheaper alternatives to FNOV?

The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as FNOV (0.85%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want.

## More on Dividend Data

- Overview (HTML): https://www.dividenddata.com/funds/fnov
- Distribution history: https://www.dividenddata.com/funds/fnov/dividend
- Holdings & diversification: https://www.dividenddata.com/funds/fnov/diversification
- Fees & cheaper alternatives: https://www.dividenddata.com/funds/fnov/expenses
- Peer comparison: https://www.dividenddata.com/funds/fnov/peers

Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.