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Multi-Asset Diversified Income Index Fund (MDIV)

$16.56

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Key data on MDIV

AUM

$412393833

P/E ratio

13.7

Dividend yield

6.0197%

Expense ratio

0.71%

Beta

0.599366

Price on MDIV

Previous close

$16.62

Today's open

$16.64

Day's range

$16.53 - $16.69

52 week range

$14.75 - $16.81

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

First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. ("FTA") announces the declaration of the monthly distributions for certain exchange-traded funds advised by FTA. The following dates apply to today's distribution declarations: Expected Ex-Dividend Date: February 20, 2026 Record Date: February 20, 2026 Payable Date: February 27, 2026 Ticker Exchange Fund Name Frequency Ordinary Income Per Share Amount       ACTIVELY MANAGED EXCHANGE-TRADED FUNDS           First Trust Exchange-Traded Fund.

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Business Wire • Feb 19, 2026

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Staying Invested, Diversified and Ahead With ETFs

With AI-driven fears rising and uncertainties remaining high, diversification matters more than ever. Staying diversified with ETFs may be the smartest long-term move.

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Zacks Investment Research • Feb 18, 2026

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ETFs Worth Watching as Debt Pressures Continue to Build

With U.S. debt on track for new highs, investors should turn to defensive ETF strategies for stability.

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Zacks Investment Research • Feb 12, 2026

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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.

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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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¹ Disclosures

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