XVMS

FT Vest MSFT & Target Income ETF is an actively managed exchange-traded fund that seeks current income and capital appreciation by investing primarily in common stock, option contracts, box spread trades, U.S. Treasuries, and cash equivalents referencing Microsoft Corporation. The fund utilizes direct common stock holdings alongside synthetic equity replication strategies involving options, cash, and U.S. Treasuries to generate monthly target distributions exceeding the forward dividend yield of the S&P 500 Index.