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Multi-Asset Diversified Income Index Fund (MDIV)

$15.81

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Key data on MDIV

AUM

$407836112

P/E ratio

13.5

Dividend yield

6.3438%

Expense ratio

0.75%

Beta

0.594094

Price on MDIV

Previous close

$15.88

Today's open

$15.78

Day's range

$15.78 - $15.88

52 week range

$14.75 - $16.68

Profile about MDIV

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Headquarters

US

Exchange

NASDAQ Global Market

Issue type

Exchange-Traded Fund

MDIV industries and sectors

Asset Allocations

News on MDIV

MDIV: Income ETF With Slow Decay, Lagging Competitors

First Trust Multi-Asset Diversified Income Index Fund (MDIV) has a 6.6% yield from stocks, REITs, preferreds, MLPs and junk bonds. MDIV is well balanced in these five sectors and diversified across a number of issuers. MDIV positive total return hides a slow decay in capital and income stream for shareholders, amplified by inflation.

news source

Seeking Alpha • Jun 11, 2025

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Should You Invest in Multi-Asset ETFs Now?

Volatile markets revive interest in multi-asset ETFs like AOR, AOA, AOM, AOK and MDIV for balanced growth, income and diversification.

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Zacks Investment Research • May 23, 2025

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MDIV: Income From A Nice Mix Of Places

The First Trust Multi-Asset Diversified Income Index Fund ETF (MDIV) offers income-focused investors exposure to multiple asset classes, including REITs, MLPs, and high-yield bonds. MDIV aims to replicate the NASDAQ US Multi-Asset Diversified Income Index™, providing a balanced mix of income-generating assets with a net expense ratio of 0.68%. The fund's diversified holdings and 30-day SEC yield of 6.60% make it an attractive option for steady income despite higher risks and costs.

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Seeking Alpha • Nov 12, 2024

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Middlefield Sustainable Global Dividend ETF Distributions

TORONTO, July 24, 2024 (GLOBE NEWSWIRE) -- Middlefield Sustainable Global Dividend ETF (TSX: MDIV) (the “Fund”) is pleased to announce that distributions for the third quarter of 2024 will be payable to unitholders of Sustainable Global Dividend ETF as follows:

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GlobeNewsWire • Jul 24, 2024

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Sell MDIV, Buy CEFS

MDIV is a multi-asset class ETF focusing on income-producing asset classes and securities. The fund's strategy and security selection process have led to underperformance compared to index funds of its underlying asset classes. It pales in comparison to some of its peers, especially CEFS.

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Seeking Alpha • May 7, 2024

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MDIV: Inflation Is A Silent Killer

First Trust Multi-Asset Diversified Income Index Fund ETF invests in 5 categories of high-yield securities. Historical performance is close to competitors. It has suffered large losses in inflation-adjusted value and distributions.

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Seeking Alpha • Jun 2, 2023

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MDIV: 6.5% Yield ETF With Red Flags

MDIV invests in 5 categories of high-yield securities in equal weight. It has lagged 2 similar ETFs for 6 years but beats them in 2022.

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Seeking Alpha • Dec 8, 2022

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Energy Stock Pays Off Richly In A Market Searching For High Yield

The company doesn't have any operating or capital expenses like an exploration and production company does. The post Energy Stock Pays Off Richly In A Market Searching For High Yield appeared first on Investor's Business Daily.

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Investors Business Daily • Sep 22, 2022

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Benchmark Treasury Yields Jump: 5 ETFs to Play

U.S. benchmark government bond yields rose to 3.03% from 2.98% on Jun 8 on inflationary fears.

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Zacks Investment Research • Jun 9, 2022

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MDIV: Shrinking Income And Capital

MDIV is a high-yield ETF diversified in 5 categories of securities. Since inception, the fund has lost about 17% in share price and 26% in annualized distribution.

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Seeking Alpha • Jun 6, 2022

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