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ALL
AUM
$407836112
P/E ratio
13.5
Dividend yield
6.3438%
Expense ratio
0.75%
Beta
0.594094
Previous close
$15.88
Today's open
$15.78
Day's range
$15.78 - $15.88
52 week range
$14.75 - $16.68
show more
Headquarters
US
Exchange
NASDAQ Global Market
Issue type
Exchange-Traded Fund
Asset Allocations
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.
Seeking Alpha • Jun 11, 2025

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.
Zacks Investment Research • May 23, 2025

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.
Seeking Alpha • Nov 12, 2024

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:
GlobeNewsWire • Jul 24, 2024

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.
Seeking Alpha • May 7, 2024

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.
Seeking Alpha • Jun 2, 2023

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.
Seeking Alpha • Dec 8, 2022

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.
Investors Business Daily • Sep 22, 2022

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.
Zacks Investment Research • Jun 9, 2022

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.
Seeking Alpha • Jun 6, 2022

¹ Disclosures

Open an M1 investment account to buy and sell Multi-Asset Diversified Income Index Fund commission-free¹. Build wealth for the long term using automated trading and transfers.