XVNV — FT Vest NVDA & Target Income ETF

Data updated: 2026-08-12

XVNV — FT Vest NVDA & Target Income ETF. Long-Only · 0.85% expense ratio. Holdings, fees, performance and SEC filings.

XVNV Fund Overview

XVNV — FT Vest NVDA & Target Income ETF is a US ETF managed by First Trust Exchange-Traded Fund IV, categorised as Long-Only. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

XVNV Investment Objective and Strategy

FT Vest NVDA & Target Income ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by First Trust Exchange-Traded Fund IV.

Investment objective

The FT Vest NVDA & Target Income ETF (the "Fund" ) seeks to provide investors with current income with a secondary objective of providing capital appreciation.

Principal investment strategy

Under normal market conditions, the Fund will pursue its investment objectives by investing primarily in a portfolio of common stock and options contracts, including standardized listed options and/or FLexible EXchange options ( “FLEX Options” ) that utilize the common stock of NVIDIA Corporation as the reference asset (the “Underlying Security” ). To provide a stable revenue stream, the Fund may also utilize a “box spread” options trade (defined below) and/or invest in U.S. Treasuries and cash or cash equivalents. The Fund will purchase shares of the Underlying Security directly and gain synthetic exposure to the price movements of the Underlying Security through the use of a combination of put options, call options, U.S. Treasuries and/or box spreads (the "Synthetic Replication" ), as described in greater detail below.

An investment in the Fund is not an investment in the Underlying Security. Under normal market conditions, the Fund will invest at least 80% of its net assets (plus any investment borrowings) in investments that provide exposure to the Underlying Security and investments intended to provide income to the Fund. The notional value of the derivatives will be used for purposes of compliance with the Fund’s 80% investment policy. Vest Financial, LLC is the Fund’s investment sub-advisor ( “Vest” or the “Sub-Advisor” ). In furtherance of its objectives, the Fund seeks to make distributions from dividends, U.S. Treasuries, a box spread options trade and option premiums from sold call options at an annual rate that is approximately 15.0% (before fees and expenses) over the current annual forward dividend yield of the S&P 500 ® Index.

The Fund may make distributions that represent a return of capital for tax purposes. Return of capital represents a return of a portion of a Fund shareholder’s invested capital and is not taxable in the year it is received unless the distribution exceeds a shareholder’s basis in the Fund. The Fund also seeks a secondary objectiv

XVNV Costs and Fees

XVNV costs about $85 per $10,000 invested per year in fund expenses.

  • Net expense ratio: 0.85%
  • Gross expense ratio: 0.85%

XVNV Debt Constituents

No individual debt constituents are reported in FT Vest NVDA & Target Income ETF's latest SEC N-PORT filing.

XVNV Prospectus and SEC Filings

Official FT Vest NVDA & Target Income ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

Related Funds

Other Long-Only funds tracked on ABC INVEST:

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.