Multi-Asset Diversified Income Index Fund (MDIV)

NASDAQ: MDIV · IEX Real-Time Price · USD
14.98
0.00 (0.00%)
At close: Nov 28, 2023, 12:00 AM
15.02
+0.04 (0.27%)
After-hours: Nov 28, 2023, 6:33 PM EST
0.00%
Assets $408.88M
Expense Ratio 0.72%
PE Ratio 10.58
Shares Out n/a
Dividend (ttm) $0.97
Dividend Yield 6.44%
Ex-Dividend Date Nov 21, 2023
Payout Ratio 68.32%
1-Year Return -3.11%
Volume 51,851
Open 14.97
Previous Close 14.98
Day's Range 14.90 - 14.98
52-Week Low 13.82
52-Week High 16.29
Beta n/a
Holdings 125
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

32.08% of assets
Name Symbol Weight
First Trust Tactical High Yield ETF HYLS 20.20%
Energy Transfer LP ET 1.65%
Icahn Enterprises L.P. IEP 1.59%
Rithm Capital Corp. RITM 1.36%
Ready Capital Corporation RC 1.33%
Alliance Resource Partners, L.P. ARLP 1.28%
Starwood Property Trust, Inc. STWD 1.25%
Ladder Capital Corp LADR 1.17%
Dorchester Minerals, L.P. DMLP 1.14%
Nustar Logistics, L.P. 0% NSS 1.10%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Nov 21, 2023 $0.1071 Nov 30, 2023
Oct 24, 2023 $0.0474 Oct 31, 2023
Sep 22, 2023 $0.0983 Sep 29, 2023
Aug 22, 2023 $0.0882 Aug 31, 2023
Jul 21, 2023 $0.0486 Jul 31, 2023
Jun 27, 2023 $0.070 Jun 30, 2023
Full Dividend History

News

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

2 years ago - ETFcom