MDIV

Fund Description
The Multi-Asset Diversified Income Index Fund is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before the Funds fees and expenses, of an index called the NASDAQ US Multi-Asset Diversified Income Index. The index is a modified market capitalization-weighted index designed to provide exposure to multiple asset segments, each selected to result in a consistent and high yield for the index. The index is comprised of securities classified as equities (20%), real estate investment trusts (REITs) (20%), preferred securities (20%), master limited partnerships (MLPs) (20%) and a high yield corporate debt ETF (20%).
Fund Profile
Fund Name First Trust Multi-Asset Diversified Income Index Fund
Fund Exchange Ticker MDIV
Fund Sponsor First Trust
Fund ISIN US33738R1005
Net Expense Ratio 0.68 %
Fund Inception Date 13 August 2012
Fund Legal Structure ETF (Open end fund)
Exchange NASDAQ
Listing Country Code US
Fund Investment Objective
ETF Type Specific Multi-Asset / Other
Asset Class Target Date / Multi-Asset
Index Linked Passive
Index Name NASDAQ US Multi-Asset Diversified Income Index
Index Provider Nasdaq
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Key Statistics
Return As of Date 5 October 2022
Asset Under Management 461.03 Million (USD)
1 Month Total Return -4.67 %
Year To Date Return -8.68 %
1 Year Total Return -7.58 %
3 Year Annualized Total Return -1.82 %
NAV 14.92
Share Outstanding 30,900,000
Top 10 Holdings (5 October 2022)
Constituent Name Constituent Ticker Constituent Type Weighting
FT TACTICAL HIGH YIELD ETF HYLS ETF 0.2053000000
ICAHN ENTERPRISES LP IEP MLP 0.0152000000
SL GREEN REALTY CORP SLG EQUI 0.0131000000
OLD REPUBLIC INTL CORP ORI EQUI 0.0124000000
USA COMPRESSION PARTNERS LP USAC MLP 0.0118000000
READY CAPITAL CORP RC EQUI 0.0111000000
KNOT OFFSHORE PARTNERS LP KNOP EQUI 0.0110000000
WESCO International Inc. Series A 10.625% Variable Rate WCC PREF 0.0110000000
BROADMARK REALTY CAPITAL INC BRMK EQUI 0.0106000000
TWO HARBORS INVESTMENT CORP TWO EQUI 0.0106000000