Multi-Asset Diversified Income Index Fund (MDIV)

NASDAQ: MDIV · Real-Time Price · USD
16.32
-0.13 (-0.79%)
Oct 31, 2024, 4:00 PM EDT - Market closed
-0.79%
Assets $444.80M
Expense Ratio 0.68%
PE Ratio 11.53
Shares Out 27.15M
Dividend (ttm) $1.05
Dividend Yield 6.44%
Ex-Dividend Date Oct 22, 2024
Payout Ratio 74.80%
1-Year Return +14.77%
Volume 78,820
Open 16.49
Previous Close 16.45
Day's Range 16.32 - 16.49
52-Week Low 14.41
52-Week High 16.80
Beta 0.89
Holdings 126
Inception Date Aug 14, 2012

About MDIV

Fund Home Page

The Multi-Asset Diversified Income Index Fund (MDIV) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund tracks an index of equal-weighted US-listed securities, comprised of dividend-paying equities, REITs, preferred securities, MLPs, and a high-yield bond ETF. MDIV was launched on Aug 14, 2012 and is issued by First Trust.

Asset Class Asset Allocation
Category Aggressive Allocation
Region North America
Stock Exchange NASDAQ
Ticker Symbol MDIV
ETF Provider First Trust
Index Tracked NASDAQ US Multi-Asset Diversified Income Index

Top 10 Holdings

31.54% of assets
Name Symbol Weight
First Trust Tactical High Yield ETF HYLS 19.91%
PennyMac Mortgage Investment Trust PMT 1.54%
Icahn Enterprises L.P. IEP 1.53%
Alliance Resource Partners, L.P. ARLP 1.33%
Dorchester Minerals, L.P. DMLP 1.25%
Kimbell Royalty Partners, LP KRP 1.24%
Black Stone Minerals, L.P. BSM 1.22%
CrossAmerica Partners LP CAPL 1.22%
Delek Logistics Partners, LP DKL 1.18%
USA Compression Partners, LP USAC 1.12%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Oct 22, 2024 $0.0717 Oct 31, 2024
Sep 26, 2024 $0.098 Sep 30, 2024
Aug 21, 2024 $0.1169 Aug 30, 2024
Jul 23, 2024 $0.0487 Jul 31, 2024
Jun 27, 2024 $0.0889 Jun 28, 2024
May 21, 2024 $0.0904 May 31, 2024
Full Dividend History

News

First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. ("FTA") announces the declaration of the monthly distributions for certain exchange-traded funds advised by FTA.

10 days ago - Business Wire

Middlefield Sustainable Global Dividend ETF Distributions

TORONTO, July 24, 2024 (GLOBE NEWSWIRE) -- Middlefield Sustainable Global Dividend ETF (TSX: MDIV) (the “Fund”) is pleased to announce that distributions for the third quarter of 2024 will be payable ...

3 months ago - GlobeNewsWire

Sell MDIV, Buy CEFS

MDIV is a multi-asset class ETF focusing on income-producing asset classes and securities. The fund's strategy and security selection process have led to underperformance compared to index funds of it...

Other symbols: CEFS
6 months ago - Seeking Alpha

MDIV: Inflation Is A Silent Killer

First Trust Multi-Asset Diversified Income Index Fund ETF invests in 5 categories of high-yield securities. Historical performance is close to competitors. It has suffered large losses in inflation-ad...

1 year ago - Seeking Alpha

MDIV: 6.5% Yield ETF With Red Flags

MDIV invests in 5 categories of high-yield securities in equal weight. It has lagged 2 similar ETFs for 6 years but beats them in 2022.

2 years ago - Seeking Alpha

MDIV: Shrinking Income And Capital

MDIV is a high-yield ETF diversified in 5 categories of securities. Since inception, the fund has lost about 17% in share price and 26% in annualized distribution.

2 years ago - Seeking Alpha

MDIV: Subpar Multi-Asset Class Income ETF, Better Choices Out There

MDIV invests in a diversified set of income-producing asset classes.

2 years ago - Seeking Alpha

MDIV: Income Index ETF, Meant For Retirees

A long-time reader and subscriber asked for my thoughts on MDIV. MDIV is a diversified income index ETF, providing retirees with exposure to most relevant income-producing asset classes.

3 years ago - Seeking Alpha

Asset Allocation ETFs: The Neglected Few

Although they are a small percentage of the ETF universe, they could hold a lot of appeal for investors.

3 years ago - ETFcom

MDIV: Buy At Your Own Risk

MDIV: Buy At Your Own Risk

4 years ago - Seeking Alpha