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 0.73 %
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 16 April 2021
Asset Under Management 480.57 Million (USD)
1 Month Total Return 2.64 %
Year To Date Return 11.94 %
1 Year Total Return 42.45 %
3 Year Annualized Total Return 2.97 %
NAV 16.6
Share Outstanding 28,950,000
Top 10 Holdings (16 April 2021)
Constituent Name Constituent Ticker Constituent Type Weighting
FT TACTICAL HIGH YIELD ETF HYLS ETF 0.1871405828
STARWOOD PROPERTY TRUST INC STWD EQUI 0.0166600495
ANNALY CAPITAL MANAGEMENT IN NLY EQUI 0.0158965989
NATL HEALTH INVESTORS INC NHI EQUI 0.0151252368
INDUSTRIAL LOGISTICS PROPERT ILPT EQUI 0.0149198202
USA COMPRESSION PARTNERS LP USAC MLP 0.0131476082
PBF LOGISTICS LP PBFX MLP 0.0129422074
ENERGY TRANSFER LP ET MLP 0.0127327784
PHILLIPS 66 PARTNERS LP PSXP MLP 0.0124056168
NATIONAL RETAIL PROPERTIES NNN EQUI 0.0114182132