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 0.70 %
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 19 March 2019
Asset Under Management 631.12 Million (USD)
1 Month Total Return 0.99 %
Year To Date Return 10.62 %
1 Year Total Return 7.07 %
3 Year Annualized Total Return 6.31 %
NAV 18.4
Share Outstanding 34,300,000
Top 10 Holdings (18 March 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
FT TACTICAL HIGH YIELD ETF HYLS ETF 0.1989000000
USA COMPRESSION PARTNERS LP USAC MLP 0.0152000000
BUCKEYE PARTNERS LP BPL MLP 0.0140000000
NEW YORK MORTGAGE TRUST INC NYMT EQUI 0.0135000000
KNOT OFFSHORE PARTNERS LP KNOP MLP 0.0127000000
NEW RESIDENTIAL INVESTMENT NRZ EQUI 0.0126000000
EQM MIDSTREAM PARTNERS LP EQM MLP 0.0116000000
MFA FINANCIAL INC MFA EQUI 0.0115000000
CHIMERA INVESTMENT CORP CIM EQUI 0.0114000000
APOLLO COMMERCIAL REAL ESTAT ARI EQUI 0.0108000000