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Germany's Scholz arrives in China on a visit marked by trade tensions and Ukraine conflict
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The craze for Masters gnomes is growing. Little golf-centric statue is now a coveted collector item
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Germany's Scholz arrives in China on a visit marked by trade tensions and Ukraine conflict
Israel hails 'success' in blocking Iran's unprecedented attack. Biden now seeks diplomatic response
Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal
India's Modi vows to boost social spending, make country into a manufacturing hub ahead of election
It's almost April 15. Here's how to reduce stress and get your taxes done
Can homeless people be fined for sleeping outside? A rural Oregon city asks the US Supreme Court
The craze for Masters gnomes is growing. Little golf-centric statue is now a coveted collector item
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Germany's Scholz arrives in China on a visit marked by trade tensions and Ukraine conflict
Israel hails 'success' in blocking Iran's unprecedented attack. Biden now seeks diplomatic response
Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal
India's Modi vows to boost social spending, make country into a manufacturing hub ahead of election
It's almost April 15. Here's how to reduce stress and get your taxes done
Can homeless people be fined for sleeping outside? A rural Oregon city asks the US Supreme Court
The craze for Masters gnomes is growing. Little golf-centric statue is now a coveted collector item
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Germany's Scholz arrives in China on a visit marked by trade tensions and Ukraine conflict
Israel hails 'success' in blocking Iran's unprecedented attack. Biden now seeks diplomatic response
Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal
India's Modi vows to boost social spending, make country into a manufacturing hub ahead of election
It's almost April 15. Here's how to reduce stress and get your taxes done
Can homeless people be fined for sleeping outside? A rural Oregon city asks the US Supreme Court
The craze for Masters gnomes is growing. Little golf-centric statue is now a coveted collector item
NYSEARCA:MDIV

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

$15.48
-0.09 (-0.58%)
(As of 04/12/2024 ET)
Today's Range
$15.43
$15.61
50-Day Range
$15.27
$15.81
52-Week Range
$14.03
$15.94
Volume
82,028 shs
Average Volume
105,147 shs
Market Capitalization
$446.60 million
Assets Under Management
$425.00 million
Dividend Yield
6.68%
Net Expense Ratio
0.72%

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

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
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
0.87
Creation Unit
50,000
Creation Fee
$1,000.00
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Multi-Asset Diversified Income Index Fund Expenses

TypeMDIVTarget Outcome ETFsMulti Asset ETFsNYSEARCA ETFsAll ETFs
Management Fee0.60%0.68%0.69%0.50%0.51%
Other Expenses0.24%1.01%0.79%0.64%0.58%
Total Expense0.84%1.36%1.21%0.74%0.70%
Fee Waiver-0.12%-1.16%-0.69%-0.68%-0.57%
Net Expense0.72%0.91%0.94%0.58%0.58%

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

MDIV Sector Exposure

MDIV Industry Exposure


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 on January 1st, 2024. Since then, MDIV shares have decreased by 1.1% and is now trading at $15.48.
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 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 4/14/2024 by MarketBeat.com Staff

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