Multi-Asset Diversified Income Index Fund (MDIV) Price, Holdings, & News

ETF Overview

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 managed by First Trust.

Key Stats

• Today's Range: $15.79 to $15.91
• 50-Day Range: $15.65 to $16.13
• 52-Week Range: $14.74 to $16.97
• Volume: 44,969 shs
• Average Volume: 92,080 shs
• Market Capitalization: $427.70 million
• Assets Under Management: $425.00 million
• Dividend Yield: 6.55%
• Net Expense Ratio: 0.72%
• Aggregate Rating: Moderate Buy

MDIV ETF - Frequently Asked Questions

How have MDIV shares performed this year?

Multi-Asset Diversified Income Index Fund's stock was trading at $16.15 at the beginning of the year. Since then, MDIV shares have decreased by 1.7% and is now trading at $15.87.

How do I buy shares of Multi-Asset Diversified Income Index Fund?

Shares of MDIV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Fund Details

• Issuer: First Trust
• Fund Name: First Trust Multi-Asset Diversified Income Index Fund
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:MDIV
• Inception Date: 8/13/2012
• Fund Manager: Daniel J. Lindquist, Jon Erickson David McGarel, RogerTestin, Stan Ueland, Chris Peterson, Erik Russo
• Web: N/A
• Phone: N/A

Fund Focus

• Asset Class: Multi Asset
• Benchmark: Nasdaq US Multi-Asset Diversified Income Index
• Category: Asset Allocation
• Focus: Target Outcome
• Development Level: Blended Development
• Region: Global
• Number of Holdings: 126

Fund Statistics

• Assets Under Management: $425.00 million
• Average Daily Volume: $109.19 thousand
• Discount/Premium: 1.72%

Administrator, Advisor and Custodian

• Administrator: Brown Brothers Harriman & Co.
• Advisor: First Trust Advisors L.P.
• Custodian: Brown Brothers Harriman & Co.
• Distributor: First Trust Portfolios L.P.
• Transfer Agent: Brown Brothers Harriman & Co.
• Trustee: N/A
• Lead Market Maker: Susquehanna

Options

• Optionable: N/A
• Short Interest: 600 shs

Miscellaneous

• Outstanding Shares: 26,950,000
• Beta: 0.87
• Creation Unit: 50,000
• Creation Fee: $1,000.00