FT Vest U.S. Equity Buffer & Premium Income ETF - December

Frequently Asked Questions About XIDE

What does XIDE invest in?

The FT Vest U.S. Equity Buffer & Premium Income ETF - December aims to provide investors with a stable income stream, projected at approximately 7.08% annually before fees and expenses. This objective also includes offering protection against the first 10% of any losses in the underlying ETF, likewise prior to expenses, over the specified duration from December 22, 2025, to December 18, 2026.

What is the expense ratio of XIDE?

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

What is XIDE's distribution yield?

XIDE's trailing-twelve-month yield is 6.28%, calculated from the sum of distributions over the past year divided by the current price.

How does XIDE's covered-call strategy work?

XIDE sells call options against the stocks (or index) it holds, collecting premium income that gets passed through to shareholders as distributions. The strategy generates above-market income in flat or rising markets but caps upside — when the underlying rallies past the strike, the gains above the strike go to the option buyer, not the fund.

How big is XIDE?

FT Vest U.S. Equity Buffer & Premium Income ETF - December (XIDE) manages $22.7M 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 XIDE actively managed or an index fund?

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