NASDAQ:MDIV First Trust Multi-Asset Diversified Income Index Fund (MDIV) Price, Holdings, & News Notice: This company has been marked as potentially delisted and may not be actively trading. Add Compare Share Share Today's Range$14.06▼$14.2050-Day Range$16.42▼$17.0852-Week Range$13.12▼$17.44Volume64,533 shsAverage Volume86,217 shsMarket Capitalization$419.30 millionAssets Under Management$415.41 millionDividend Yield5.79%Net Expense Ratio0.72% ProfileProfileDividendHeadlinesHoldingsOptions ChainShort InterestSocial MediaProfileDividendHeadlinesHoldingsOptions ChainShort InterestSocial Media 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 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 MDIV ETF News HeadlinesApril 24, 2023 | msn.comFirst Trust Limited Duration Investment Grade Corporate ETF declares monthly distribution of $0.0700April 24, 2023 | msn.comMulti-Asset Diversified Income Index Fund declares monthly distribution of $0.0217May 29, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>April 20, 2023 | technews.tmcnet.comFirst Trust Intermediate Duration Preferred & Income Fund Declares its Monthly Common Share Distribution of $0.1075 Per Share for MayApril 7, 2023 | nasdaq.comWestern Asset Diversified Income Fund Common Shares of Beneficial Interest (WDI)February 8, 2023 | money.usnews.comMulti-Manager Hedge Funds Offer Big Returns but at High CostJanuary 29, 2023 | news.yahoo.comWhat's the Best Way to Build a Multi-Asset Portfolio Strategy?January 26, 2023 | msn.comMulti-Asset Diversified Income Index Fund declares monthly distribution of $0.0599May 29, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>January 4, 2023 | msn.com5 Great Fixed-Income Funds to Buy for 2023See 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 J. Lindquist, Jon Erickson David McGarel, RogerTestin, 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 Holdings126 Fund Statistics Assets Under Management$415.41 million Average Daily Volume$109,191.10 Discount/Premium2.00% Administrator, Advisor and Custodian AdministratorBrown Brothers Harriman & Co. AdvisorFirst Trust Advisors L.P. CustodianBrown Brothers Harriman & Co. DistributorFirst Trust Portfolios L.P. Transfer AgentBrown Brothers Harriman & Co. TrusteeN/A Lead Market MakerSusquehanna Options OptionableN/A Short Interest500 shs Miscellaneous Outstanding Shares29,600,000Beta0.87 Creation Unit50,000 Creation Fee$1,000.00 First Trust Multi-Asset Diversified Income Index Fund ExpensesTypeMDIVTarget Outcome ETFsMulti Asset ETFsNASDAQ ETFsAll ETFsManagement Fee0.60%0.66%0.67%0.45%0.49%Other Expenses0.24%0.97%0.75%0.28%0.51%Total Expense0.84%1.31%1.16%0.54%0.66%Fee Waiver-0.12%-0.92%-0.66%-0.21%-0.53%Net Expense0.72%0.90%0.89%0.50%0.55% 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: 20.99%First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF(NASDAQ:HYLS)Holding Weight: 20.99%Ready Capital(NYSE:RC)Holding Weight: 1.53%Ready Capital(NYSE:RC)Holding Weight: 1.53%Icahn Enterprises(NASDAQ:IEP)Holding Weight: 1.47%Icahn Enterprises(NASDAQ:IEP)Holding Weight: 1.47%Dorchester Minerals(NASDAQ:DMLP)Holding Weight: 1.26%Dorchester Minerals(NASDAQ:DMLP)Holding Weight: 1.26%Starwood Property Trust(NYSE:STWD)Holding Weight: 1.20%Starwood Property Trust(NYSE:STWD)Holding Weight: 1.20%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 Drawdown 13 ETFNASDAQ:TDSDCabana Target Drawdown 16 ETFNASDAQ:TDSEInstitutional OwnershipAmeriprise Financial Inc.Sold 1,106,795 shares on 5/22/2023Ownership: 1.642%Rockefeller Capital Management L.P.Bought 7,158 shares on 5/17/2023Ownership: 0.203%Advisory Services Network LLCBought 3,002 shares on 5/17/2023Ownership: 0.010%Harbour Investments Inc.Bought 33,548 shares on 5/16/2023Ownership: 0.832%Snowden Capital Advisors LLCBought 3,314 shares on 5/16/2023Ownership: 0.072%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 decrease in short interest in May. As of May 15th, there was short interest totaling 500 shares, a decrease of 16.7% from the April 30th total of 600 shares. Based on an average daily volume of 102,200 shares, the days-to-cover ratio is presently 0.0 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 22nd. Shareholders of record on Wednesday, May 24th will be given a dividend of $0.1049 per share on Wednesday, May 31st. This represents a $1.26 annualized dividend and a dividend yield of 8.89%. The ex-dividend date of this dividend is Tuesday, May 23rd. This is a positive change from the stock's previous monthly dividend of $0.02. 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 $415.41 million assets under management. What stocks does First Trust Multi-Asset Diversified Income Index Fund hold? MDIV invests in 126 holdings. Some of the stocks in their portfolio include First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (HYLS), First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (HYLS), Ready Capital (RC), Ready Capital (RC), Icahn Enterprises (IEP), Icahn Enterprises (IEP), Dorchester Minerals (DMLP), Dorchester Minerals (DMLP), Starwood Property Trust (STWD) and Starwood Property Trust (STWD). 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). What is First Trust Multi-Asset Diversified Income Index Fund's stock symbol? First Trust Multi-Asset Diversified Income Index Fund trades on the NASDAQ under the ticker symbol "MDIV." 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 Flaharty Asset Management LLC (4.88%), LPL Financial LLC (3.43%), Ameriprise Financial Inc. (1.64%), Bank of America Corp DE (1.21%), Raymond James & Associates (0.90%) and UBS Group AG (0.88%). What is First Trust Multi-Asset Diversified Income Index Fund's stock price today? One share of MDIV stock can currently be purchased for approximately $14.17. How much money does First Trust Multi-Asset Diversified Income Index Fund make? First Trust Multi-Asset Diversified Income Index Fund (NASDAQ:MDIV) has a market capitalization of $419.30 million. How many employees does First Trust Multi-Asset Diversified Income Index Fund have? The company employs 147,000 workers across the globe. How can I contact First Trust Multi-Asset Diversified Income Index Fund? The company can be reached via phone at 14089961010. This page (NASDAQ:MDIV) was last updated on 5/29/2023 by MarketBeat.com Staff 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. 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