NASDAQ:MDIV First Trust Multi-Asset Diversified Income Index Fund (MDIV) Price, Holdings, & News → Shocking $16T Elon Musk Crypto Leak (From Crypto 101 Media) (Ad) Free MDIV Stock Alerts Notice: This company has been marked as potentially delisted and may not be actively trading. Add Compare Share Share Today's Range$15.42▼$15.5150-Day Range$16.42▼$17.0852-Week Range$13.12▼$17.44Volume58,132 shsAverage Volume86,217 shsMarket Capitalization$414.86 millionAssets Under Management$411.31 millionDividend Yield5.30%Net Expense Ratio0.72% Stock AnalysisStock AnalysisDividendHeadlinesHoldingsOptions ChainOwnershipRatingsShort InterestTrendsStock AnalysisDividendHeadlinesHoldingsOptions ChainOwnershipRatingsShort InterestTrends Get First Trust Multi-Asset Diversified Income Index Fund alerts: Email Address About First Trust Multi-Asset Diversified Income Index FundThe 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 managed by First Trust.Read More Ad Gold Safe ExchangeGold Set to EXPLODE!Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.Click here now to download the free Precious Metals Buying Guide! MDIV ETF News HeadlinesMay 21, 2024 | msn.comFirst Trust Multi-Asset Diversified Income Index Fund ETF declares $0.0904 dividendMarch 26, 2024 | marketwatch.comInvesco Multi-Asset Income Fund;RMarch 22, 2024 | morningstar.comLord Abbett Multi-Asset Income CMarch 20, 2024 | msn.comSatrix Rebalances Multi Asset Passive Portfolios Solutions Protect ETFFebruary 28, 2024 | reuters.comIndia industry body asks mutual funds to limit flows in mid- and small-cap funds - letterFebruary 13, 2024 | uk.finance.yahoo.comMulti-Asset Diversified Income ETF (MDIV)February 9, 2024 | msn.comMulti-Asset Funds Allocation Tips: Hedge Against Inflation with Smart Investing Strategy for Financial StabilityFebruary 8, 2024 | markets.businessinsider.comVirtus Diversified REIT Celebrates Significant Increase in Net Asset ValueSee More Headlines Receive MDIV Stock News and Ratings via Email Sign-up to receive the latest news and ratings for First Trust Multi-Asset Diversified Income Index Fund and its competitors with MarketBeat's FREE daily newsletter. Email Address Fund Details IssuerFirst Trust Fund NameFirst Trust Multi-Asset Diversified Income Index Fund Tax ClassificationRegulated Investment Company Stock ExchangeNASDAQCurrent SymbolNASDAQ:MDIV Inception Date8/13/2012 Fund ManagerDaniel Lindquist, Jon Erickson, David McGarel, Roger Testin, Stan Ueland, Chris Peterson, Erik Russo WebN/A Phone14089961010Fund Focus Asset ClassMulti Asset BenchmarkNasdaq US Multi-Asset Diversified Income Index CategoryAsset Allocation FocusTarget Outcome Development LevelBlended Development RegionGlobal Number of Holdings121 Fund Statistics Assets Under Management$411.31 million Average Daily Volume$64,898.40 Discount/Premium-0.01% Administrator, Advisor and Custodian AdministratorThe Bank of New York Mellon Corporation AdvisorFirst Trust Advisors L.P. CustodianThe Bank of New York Mellon Corporation DistributorFirst Trust Portfolios L.P. Transfer AgentThe Bank of New York Mellon Corporation TrusteeN/A Lead Market MakerSusquehanna Options OptionableN/A Short Interest38,500 shs Miscellaneous Outstanding Shares26,800,000Beta0.48 Creation Unit50,000 Creation Fee$1,000.00 Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Ad Gold Safe ExchangeGold Set to EXPLODE!Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.Click here now to download the free Precious Metals Buying Guide! First Trust Multi-Asset Diversified Income Index Fund ExpensesTypeMDIVTarget Outcome ETFsMulti Asset ETFsNASDAQ ETFsAll ETFsManagement Fee0.60%0.68%0.69%0.48%0.51%Other Expenses0.24%1.00%0.79%0.34%0.58%Total Expense0.84%1.35%1.20%0.58%0.70%Fee Waiver-0.12%-1.16%-0.69%-0.22%-0.56%Net Expense0.72%0.90%0.94%0.54%0.58% First Trust Multi-Asset Diversified Income Index Fund (MDIV) Holdings & ExposureTop 10 MDIV HoldingsFirst Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF(NASDAQ:HYLS)Holding Weight: 19.66%Alliance Resource Partners(NASDAQ:ARLP)Holding Weight: 1.56%PennyMac Mortgage Investment Trust(NYSE:PMT)Holding Weight: 1.51%Icahn Enterprises(NASDAQ:IEP)Holding Weight: 1.44%Ready Capital(NYSE:RC)Holding Weight: 1.44%Rithm Capital(NYSE:RITM)Holding Weight: 1.27%Black Stone Minerals(NYSE:BSM)Holding Weight: 1.22%Kimbell Royalty Partners(NYSE:KRP)Holding Weight: 1.20%Nustar Logistics, L.P. 0%Holding Weight: 1.18%Dorchester Minerals(NASDAQ:DMLP)Holding Weight: 1.16%MDIV Sector ExposureMDIV Industry ExposureFull Holdings Details Similar ETFsCabana Target Drawdown 10 ETFNASDAQ:TDSCCabana Target Leading Sector Moderate ETFNASDAQ:CLSMCabana Target Drawdown 7 ETFNASDAQ:TDSBCabana Target Leading Sector Aggressive ETFNASDAQ:CLSAGlobal X Alternative Income ETFNASDAQ:ALTYInstitutional OwnershipCetera Investment AdvisersBought 190,497 shares on 5/24/2024Ownership: 0.784%Cetera Advisors LLCBought 5,686 shares on 5/24/2024Ownership: 0.084%Jaffetilchin Investment Partners LLCBought 986 shares on 5/17/2024Ownership: 0.237%B. Riley Wealth Advisors Inc.Bought 3,680 shares on 5/16/2024Ownership: 0.061%Rockport Wealth LLCBought 42,149 shares on 5/13/2024Ownership: 0.157%View All Institutional Transactions MDIV ETF - Frequently Asked Questions Are investors shorting First Trust Multi-Asset Diversified Income Index Fund? First Trust Multi-Asset Diversified Income Index Fund saw a drop in short interest in May. As of May 15th, there was short interest totaling 38,500 shares, a drop of 26.8% from the April 30th total of 52,600 shares. Based on an average daily trading volume, of 85,900 shares, the days-to-cover ratio is currently 0.4 days. View First Trust Multi-Asset Diversified Income Index Fund's Short Interest. How often does First Trust Multi-Asset Diversified Income Index Fund pay dividends? What is the dividend yield for First Trust Multi-Asset Diversified Income Index Fund? First Trust Multi-Asset Diversified Income Index Fund declared a monthly dividend on Monday, May 20th. Stockholders of record on Wednesday, May 22nd will be given a dividend of $0.0904 per share on Friday, May 31st. This represents a $1.08 annualized dividend and a dividend yield of 7.01%. The ex-dividend date is Tuesday, May 21st. Read our dividend analysis for MDIV. What does MDIV invest in? First Trust Multi-Asset Diversified Income Index Fund is a multi asset fund issued by First Trust. MDIV focuses on target outcome investments and follows the Nasdaq US Multi-Asset Diversified Income Index. The fund's investments total to approximately $411.31 million assets under management. What stocks does First Trust Multi-Asset Diversified Income Index Fund hold? MDIV invests in 121 holdings. Some of the stocks in their portfolio include First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (HYLS), Alliance Resource Partners (ARLP), PennyMac Mortgage Investment Trust (PMT), Icahn Enterprises (IEP), Ready Capital (RC), Rithm Capital (RITM), Black Stone Minerals (BSM), Kimbell Royalty Partners (KRP), Dorchester Minerals (DMLP). What is the management fee for First Trust Multi-Asset Diversified Income Index Fund? First Trust Multi-Asset Diversified Income Index Fund's management fee is 0.60% and has other expenses of 0.24%. However, MDIV has a fee waiver of -0.12% to reimburse the expenses. The net expense ratio for MDIV is 0.72%. What other stocks do shareholders of First Trust Multi-Asset Diversified Income Index Fund own? Based on aggregate information from My MarketBeat watchlists, some companies that other First Trust Multi-Asset Diversified Income Index Fund investors own include Johnson & Johnson (JNJ), Coca-Cola (KO), Procter & Gamble (PG), AT&T (T), Crown Castle (CCI), Chevron (CVX), Energy Transfer (ET), Home Depot (HD), Intel (INTC) and ONEOK (OKE). Who are First Trust Multi-Asset Diversified Income Index Fund's major shareholders? First Trust Multi-Asset Diversified Income Index Fund's stock is owned by many different institutional and retail investors. Top institutional shareholders include Commonwealth Equity Services LLC (1.56%), Capital Investment Advisory Services LLC (0.88%), Cetera Investment Advisers (0.78%), StoneX Group Inc. (0.70%), Raymond James Financial Services Advisors Inc. (0.59%) and Cambridge Investment Research Advisors Inc. (0.38%). This page (NASDAQ:MDIV) was last updated on 5/30/2024 by MarketBeat.com Staff From Our PartnersExposed: 10 CENT Crypto to Explode May 20th?True Market InsidersMust-See: Elon’s New Invention is Absolutely InsaneInvestorPlaceUrgent Alert: Biden's IRS Targeting Your Money – Act Fast to Protect It!American AlternativeThis Apple-like Innovator is Revolutionizing HealthcareWall Street StarGold Set to EXPLODE!Gold Safe ExchangeWrite this ticker symbol down…StocksToTradeWho are Nvidia’s New Silent Partners?Weiss RatingsThe 7th Trillion Dollar Company?The Oxford Club Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding First Trust Multi-Asset Diversified Income Index Fund Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.