Multi-Asset Diversified Income Index Fund (MDIV)
| Assets | $452.64M |
| Expense Ratio | 0.68% |
| PE Ratio | 13.77 |
| Shares Out | 27.60M |
| Dividend (ttm) | $1.03 |
| Dividend Yield | 6.28% |
| Ex-Dividend Date | Feb 21, 2025 |
| Payout Ratio | 86.42% |
| 1-Year Return | +5.05% |
| Volume | 32,653 |
| Open | 16.46 |
| Previous Close | 16.51 |
| Day's Range | 16.41 - 16.47 |
| 52-Week Low | 15.25 |
| 52-Week High | 16.97 |
| Beta | 0.89 |
| Holdings | 123 |
| 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
32.67% of assets| Name | Symbol | Weight |
|---|---|---|
| First Trust Tactical High Yield ETF | HYLS | 20.14% |
| AGNC Investment Corp. | AGNC | 1.58% |
| Icahn Enterprises L.P. | IEP | 1.56% |
| PennyMac Mortgage Investment Trust | PMT | 1.55% |
| Rayonier Inc. | RYN | 1.55% |
| Western Midstream Partners, LP | WES | 1.45% |
| USA Compression Partners, LP | USAC | 1.33% |
| Black Stone Minerals, L.P. | BSM | 1.19% |
| Kimbell Royalty Partners, LP | KRP | 1.17% |
| Delek Logistics Partners, LP | DKL | 1.15% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 21, 2025 | $0.0742 | Feb 28, 2025 |
| Jan 22, 2025 | $0.0673 | Jan 31, 2025 |
| Dec 13, 2024 | $0.1058 | Dec 31, 2024 |
| Nov 21, 2024 | $0.0819 | Nov 29, 2024 |
| Oct 22, 2024 | $0.0717 | Oct 31, 2024 |
| Sep 26, 2024 | $0.098 | Sep 30, 2024 |
News
MDIV: Income From A Nice Mix Of Places
The First Trust Multi-Asset Diversified Income Index Fund ETF (MDIV) offers income-focused investors exposure to multiple asset classes, including REITs, MLPs, and high-yield bonds. MDIV aims to repli...
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.
