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 14 January 2021
Asset Under Management 461.72 Million (USD)
1 Month Total Return 2.57 %
Year To Date Return 2.90 %
1 Year Total Return -13.63 %
3 Year Annualized Total Return -1.43 %
NAV 15.52
Share Outstanding 29,750,000
Top 10 Holdings (14 January 2021)
Constituent Name Constituent Ticker Constituent Type Weighting
FT TACTICAL HIGH YIELD ETF HYLS ETF 0.1929535823
ANNALY CAPITAL MANAGEMENT IN NLY EQUI 0.0158252196
GEO GROUP INC/THE GEO EQUI 0.0144449049
USA COMPRESSION PARTNERS LP USAC MLP 0.0137886539
ENERGY TRANSFER LP ET MLP 0.0137622122
INDUSTRIAL LOGISTICS PROPERT ILPT EQUI 0.0132928614
GENESIS ENERGY L.P. GEL MLP 0.0126603088
NATIONAL RETAIL PROPERTIES NNN EQUI 0.0126474918
WESTERN MIDSTREAM PARTNERS L WES MLP 0.0125566789
NUSTAR ENERGY LP NS MLP 0.0124354164