First Trust’s KNG ETF: A Dual Approach to Income and Defense

First Trust has listed a new UCITS ETF on the London Stock Exchange, with the First Trust Vest S&P 500® Dividend Aristocrats Target Income UCITS ETF commencing trading on November 19, 2025.

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By ETFWorld.co.uk

Rupert Haddon Managing Director at First Trust Global Portfolios

The ETF trades under the ticker symbol KNG and carries an ongoing charge of 0.75%.

This fund employs a passive management approach, tracking the Cboe S&P 500® Dividend Aristocrats Target Income Index Monthly Series.

The underlying index implements a partial covered call strategy on S&P 500 Dividend Aristocrats stocks.

The ETF follows a distributing income policy, paying dividends to shareholders rather than accumulating them.

The index methodology involves selling covered call options monthly to generate additional income from the portfolio.

First Trust designed this ETF to provide exposure to companies with consistent dividend growth histories while enhancing yield through options strategies.

The fund’s ISIN is IE000SNMGYT5, and it trades in GBX and USD on the London market.

Source: ETFWorld