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NYSEARCA:MDIV

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

$15.85 +0.13 (+0.83%)
As of 05/2/2025 03:54 PM Eastern

About Multi-Asset Diversified Income Index Fund (NYSEARCA:MDIV)

Key Stats

Today's Range
$15.75
$15.85
50-Day Range
$14.96
$16.59
52-Week Range
$14.74
$16.97
Volume
54,974 shs
Average Volume
90,138 shs
Market Capitalization
$439.84 million
Assets Under Management
$425.00 million
Dividend Yield
6.56%
Net Expense Ratio
0.72%
Aggregate Rating
Hold

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.

Multi-Asset Diversified Income Index Fund Expenses

TypeMDIVTarget Outcome ETFsMulti Asset ETFsNYSEARCA ETFsAll ETFs
Management Fee0.60%0.68%0.71%0.52%0.53%
Other Expenses0.24%1.09%0.73%0.56%0.52%
Total Expense0.84%1.42%1.21%0.73%0.71%
Fee Waiver-0.12%-1.26%-0.70%-0.65%-0.54%
Net Expense0.72%0.97%0.97%0.58%0.60%
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MDIV ETF News Headlines

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MDIV ETF - Frequently Asked Questions

Multi-Asset Diversified Income Index Fund's stock was trading at $16.15 at the start of the year. Since then, MDIV stock has decreased by 1.9% and is now trading at $15.85.
View the best growth stocks for 2025 here
.

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
$109,191.10
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

Beta
0.69
Creation Unit
50,000
Creation Fee
$1,000.00
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MDIV Sector Exposure

MDIV Industry Exposure


This page (NYSEARCA:MDIV) was last updated on 5/4/2025 by MarketBeat.com Staff
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