How have MDIV shares performed in 2024?

Multi-Asset Diversified Income Index Fund's stock was trading at $15.65 at the beginning of 2024. Since then, MDIV shares have decreased by 0.4% and is now trading at $15.59. View the best growth stocks for 2024 here .

What does MDIV invest in?

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 $425.00 million assets under management.

What stocks does 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) , Alliance Resource Partners (ARLP) , PennyMac Mortgage Investment Trust (PMT) , Ready Capital (RC) , Icahn Enterprises (IEP) , Black Stone Minerals (BSM) , Dorchester Minerals (DMLP) , Rithm Capital (RITM) , Kimbell Royalty Partners (KRP) and Ladder Capital (LADR) .

What is the management fee for Multi-Asset Diversified Income Index Fund?

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%.

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. Compare Top Brokerages Here .

NYSEARCA:MDIV

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

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$15.59

0.00 (0.00%)

(As of 01:57 PM ET)

Compare

Today's Range: $15.53
▼
$15.63
50-Day Range: $15.25
▼
$15.81
52-Week Range: $14.03
▼
$15.94

Volume: 27,872 shs
Average Volume: 105,428 shs
Market Capitalization: $427.95 million

Assets Under Management: $425.00 million
Dividend Yield: 6.57%
Net Expense Ratio: 0.72%

Stock Analysis Chart Holdings Ratings

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About Multi-Asset Diversified Income Index Fund

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.

MDIV Stock Price History

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MDIV ETF News Headlines

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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

Outstanding Shares: 27,450,000
Beta: 0.55
Creation Unit: 50,000
Creation Fee: $1,000.00

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Multi-Asset Diversified Income Index Fund Expenses

Type	MDIV	Target Outcome ETFs	Multi Asset ETFs	NYSEARCA ETFs	All ETFs
Management Fee	0.60%	0.68%	0.69%	0.50%	0.51%
Other Expenses	0.24%	1.01%	0.79%	0.64%	0.58%
Total Expense	0.84%	1.36%	1.21%	0.74%	0.70%
Fee Waiver	-0.12%	-1.16%	-0.69%	-0.68%	-0.57%
Net Expense	0.72%	0.91%	0.94%	0.57%	0.58%

Multi-Asset Diversified Income Index Fund (MDIV) Holdings & Exposure

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MDIV Sector Exposure

MDIV Industry Exposure

Full Holdings Details

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MDIV ETF - Frequently Asked Questions

How have MDIV shares performed in 2024?: Multi-Asset Diversified Income Index Fund's stock was trading at $15.65 at the beginning of 2024. Since then, MDIV shares have decreased by 0.4% and is now trading at $15.59.
View the best growth stocks for 2024 here.
What does MDIV invest in?: 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 $425.00 million assets under management.
What stocks does 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), Alliance Resource Partners (ARLP), PennyMac Mortgage Investment Trust (PMT), Ready Capital (RC), Icahn Enterprises (IEP), Black Stone Minerals (BSM), Dorchester Minerals (DMLP), Rithm Capital (RITM), Kimbell Royalty Partners (KRP) and Ladder Capital (LADR).

What is the management fee for Multi-Asset Diversified Income Index Fund?: 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%.
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.
Compare Top Brokerages Here.

This page (NYSEARCA:MDIV) was last updated on 4/24/2024 by MarketBeat.com Staff

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