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 23 September 2021
Asset Under Management 472.36 Million (USD)
1 Month Total Return -0.27 %
Year To Date Return 13.39 %
1 Year Total Return 29.87 %
3 Year Annualized Total Return 1.50 %
NAV 16.43
Share Outstanding 28,750,000
Top 10 Holdings (23 September 2021)
Constituent Name Constituent Ticker Constituent Type Weighting
FT TACTICAL HIGH YIELD ETF HYLS ETF 0.2008000000
ANNALY CAPITAL MANAGEMENT IN NLY EQUI 0.0164000000
PENNYMAC MORTGAGE INVESTMENT PMT EQUI 0.0153000000
AGNC INVESTMENT CORP AGNC EQUI 0.0148000000
CHIMERA INVESTMENT CORP CIM EQUI 0.0138000000
KKR REAL ESTATE FINANCE TRUS KREF EQUI 0.0134000000
USA COMPRESSION PARTNERS LP USAC MLP 0.0132000000
SHELL MIDSTREAM PARTNERS LP SHLX MLP 0.0119000000
ICAHN ENTERPRISES LP IEP MLP 0.0115000000
KNOT OFFSHORE PARTNERS LP KNOP MLP 0.0105000000