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MDIV ETF

Profile

Name:

Multi-Asset Diversified Income Index Fund

Assets under management:

$429 M

Expense ratio:

0.68%

Inception date:

14 August 2012

Website:

-

Last ex-dividend date:

21 November 2024

Next ex-dividend date:

N/A

Description:

MDIV is an exchange-traded fund (ETF) that focuses on high-dividend-paying stocks and real estate investment trusts (REITs). It aims to provide investors with regular income and potential capital appreciation by investing in a diversified portfolio of income-generating assets.

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MDIV: Income From A Nice Mix Of Places
MDIV: Income From A Nice Mix Of Places
MDIV: Income From A Nice Mix Of Places
MDIV
seekingalpha.com12 November 2024

The First Trust Multi-Asset Diversified Income Index Fund ETF (MDIV) is designed for investors looking for income, as it includes various asset types like REITs, MLPs, and high-yield bonds. It seeks to mirror the NASDAQ US Multi-Asset Diversified Income Index™, offering a mix of income-producing assets with a net expense ratio of 0.68%. With its diverse investments and a 30-day SEC yield of 6.60%, MDIV can be a good choice for those wanting consistent income, even though it comes with some higher risks and costs.

MDIV: Inflation Is A Silent Killer
MDIV: Inflation Is A Silent Killer
MDIV: Inflation Is A Silent Killer
MDIV
Seeking Alpha02 June 2023

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.

FAQ

  • What is MDIV ETF?
  • Does MDIV pay dividends?
  • What stocks are in MDIV ETF?
  • What is the current assets under management for MDIV?
  • What is MDIV average volume?
  • What is MDIV expense ratio?
  • What is MDIV inception date?

What is MDIV ETF?

MDIV is an exchange-traded fund (ETF) that focuses on high-dividend-paying stocks and real estate investment trusts (REITs). It aims to provide investors with regular income and potential capital appreciation by investing in a diversified portfolio of income-generating assets.

Does MDIV pay dividends?

Yes, the Multi-Asset Diversified Income Index Fund does pays dividends, with the most recent payment being $0.08 per share. The last ex-dividend date was on 21 November 2024, and the next ex-dividend date has not been announced yet

What stocks are in MDIV ETF?

As of today, Multi-Asset Diversified Income Index Fund inlcudes 126 holdings, with 100 of them being companies from 1 different countries and 11 sectors. The most weighted holdings are First Trust Tactical High Yield ETF (19.2%), Two Harbors Investment (1.32%) and Icahn Enterprises LP (1.3%)

What is the current assets under management for MDIV?

Assets under management of Multi-Asset Diversified Income Index Fund is $429 M

What is MDIV average volume?

Average volume of Multi-Asset Diversified Income Index Fund is $68 K

What is MDIV expense ratio?

Expense ratio of Multi-Asset Diversified Income Index Fund is 0.68%

What is MDIV inception date?

Inception date of Multi-Asset Diversified Income Index Fund is 14 August 2012