NYSEARCA:MDIV Multi-Asset Diversified Income Index Fund (MDIV) Price, Holdings, & News → A new way to collect income from stocks (From DTI) (Ad) Free MDIV Stock Alerts $15.58 -0.02 (-0.13%) (As of 04/25/2024 ET) Add Compare Share Share Today's Range$15.53▼$15.6350-Day Range$15.25▼$15.8152-Week Range$14.03▼$15.94Volume53,632 shsAverage Volume105,252 shsMarket Capitalization$427.67 millionAssets Under Management$425.00 millionDividend Yield6.57%Net Expense Ratio0.72% Stock AnalysisStock AnalysisChartHoldingsRatingsStock AnalysisChartHoldingsRatings Get Multi-Asset Diversified Income Index Fund alerts: Email Address About 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 MDIV Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MDIV ETF News HeadlinesNo headlines for this company have been tracked by MarketBeat.com Receive MDIV Stock News and Ratings via Email Sign-up to receive the latest news and ratings for 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 ExchangeNYSEARCACurrent SymbolNYSEARCA:MDIV Inception Date8/13/2012 Fund ManagerDaniel J. Lindquist, Jon Erickson David McGarel, RogerTestin, Stan Ueland, Chris Peterson, Erik Russo WebN/A PhoneN/AFund 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$425.00 million Average Daily Volume$109,191.10 Discount/Premium1.72% 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 Interest600 shs Miscellaneous Outstanding Shares27,450,000Beta0.55 Creation Unit50,000 Creation Fee$1,000.00 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for May 2024. 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Multi-Asset Diversified Income Index Fund ExpensesTypeMDIVTarget Outcome ETFsMulti Asset ETFsNYSEARCA ETFsAll ETFsManagement 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 & ExposureTop 10 MDIV HoldingsFirst Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF(NASDAQ:HYLS)Holding Weight: 19.81%Alliance Resource Partners(NASDAQ:ARLP)Holding Weight: 1.47%PennyMac Mortgage Investment Trust(NYSE:PMT)Holding Weight: 1.42%Ready Capital(NYSE:RC)Holding Weight: 1.42%Icahn Enterprises(NASDAQ:IEP)Holding Weight: 1.40%Black Stone Minerals(NYSE:BSM)Holding Weight: 1.23%Dorchester Minerals(NASDAQ:DMLP)Holding Weight: 1.23%Rithm Capital(NYSE:RITM)Holding Weight: 1.21%Kimbell Royalty Partners(NYSE:KRP)Holding Weight: 1.19%Nustar Logistics, L.P. 0%Holding Weight: 1.18%MDIV Sector ExposureMDIV Industry ExposureFull Holdings Details Similar ETFsAmplify High Income ETFNYSEARCA:YYYHCM Defender 100 Index ETFNYSEARCA:QQHHCM Defender 500 Index ETFNYSEARCA:LGHWisdomTree International Efficient Core FundNYSEARCA:NTSIKFA Mount Lucas Managed Futures Index Strategy ETFNYSEARCA:KMLM 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 stock has decreased by 0.4% and is now trading at $15.58. 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. 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