Multi-Asset Diversified Income Index Fund (MDIV)
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 PageThe 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.
Top 10 Holdings
31.54% of assetsName | 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% |
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 |
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.
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 ...
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...
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...
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.
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.
MDIV: Subpar Multi-Asset Class Income ETF, Better Choices Out There
MDIV invests in a diversified set of income-producing asset classes.
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.