(SDVD) FT Vest SMID Rising - Ratings and Ratios

The FT Vest SMID Rising Dividend Achievers Target Income ETF (BATS:SDVD) is designed to provide exposure to dividend-paying small and mid-capitalization companies. Under normal market conditions, the fund invests at least 80% of its net assets in such securities, with a secondary objective of capital appreciation. The fund is non-diversified, allowing for concentrated exposure to its investment strategy. It operates in the Derivative Income category, targeting income generation through dividend-focused investments.

Based on the provided data, the fund currently has an AUM of $353.89 million and trades with an average 20-day volume of 231,911 shares. The last price is $21.06, with a 20-day SMA of $21.61, 50-day SMA of $21.64, and 200-day SMA of $21.07. The ATR is $0.32, indicating moderate volatility. The funds price action suggests a slight pullback from its recent highs, with the 20-day SMA above the 200-day SMA, indicating a bullish trend.

3-month forecast: The fund is expected to maintain its current trajectory, with support from its dividend-paying strategy. The technical indicators suggest a bullish trend, with the 20-day SMA above the 200-day SMA. The ATR of $0.32 indicates manageable volatility, with potential for steady price appreciation. The funds AUM growth may continue to attract investors seeking income from small and mid-cap companies. Overall, the fund is expected to perform in line with its historical trends, with a focus on dividend income and moderate capital appreciation.