MDIV ETF Price & Analysis
MDIV ETF Chart & Stats
$16.14
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Market closed
$16.14
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Day’s Range― - ―
52-Week Range$14.75 - $16.81
Previous Close$16.15
VolumeN/A
Average Volume (3M)85.64K
AUM401.47M
NAV16.17
Expense Ratio0.71%
Holdings Count125
Beta0.31
Inception DateAug 14, 2012
Last Dividend Ex-Date
Feb 20, 2026Dividend Yield
(6.32%)Shares OutstandingN/A
Standard DeviationN/A
10 Day Avg. Volume110,703
30 Day Avg. Volume85,642
AlphaN/A
ETF Overview
First Trust Multi-Asset Diversified Income Index Fund
The First Trust Multi-Asset Diversified Income Index Fund (MDIV) is a strategically designed exchange-traded fund that provides investors with a comprehensive approach to income generation through asset allocation. As an Asset Allocation ETF, it focuses on achieving Target Outcomes in the Income niche, making it an ideal choice for those seeking diversified income streams. MDIV is meticulously crafted to offer exposure to a broad spectrum of income-generating asset classes, including dividend-paying stocks, REITs, preferred securities, master limited partnerships (MLPs), and high-yield corporate bonds. This diversified mix is intended to mitigate risk while enhancing yield potential. By investing in MDIV, investors gain access to a multi-faceted income strategy that aims to deliver consistent and attractive yields, catering to both growth and income objectives. With its robust, multi-asset approach, MDIV stands out as a compelling option for those looking to enhance their portfolios with stable and diversified income opportunities.
First Trust Multi-Asset Diversified Income Index Fund (MDIV) Fund Flow Chart
First Trust Multi-Asset Diversified Income Index Fund (MDIV) 1 year Net Flows: -$49M
MDIV ETF News
MDIV ETF FAQ
What was MDIV’s price range in the past 12 months?
MDIV lowest ETF price was $14.74 and its highest was $16.81 in the past 12 months.
What is the AUM of MDIV?
As of Mar 20, 2026 The AUM of MDIV is 401.47M.
Is MDIV overvalued?
According to Wall Street analysts MDIV’s price is currently Undervalued.
Does MDIV pay dividends?
MDIV pays a Monthly dividend of $0.077 which represents an annual dividend yield of 6.32%. See more information on MDIV dividends here
How many shares outstanding does MDIV have?
Currently, no data Available
Which hedge fund is a major shareholder of MDIV?
Currently, no hedge funds are holding shares in MDIV
Top 10 Holdings
First Trust Tactical High Yield ETF
20.37%
Mach Natural Resources LP
1.75%
TXO Energy Partners LP
1.68%
Icahn Enterprises LP
1.55%
Armour Residential
1.42%
Chimera Investment
1.31%
AGNC Investment Corp.
1.29%
Annaly Capital Management
1.28%
Kimbell Royalty Partners
1.26%
Dorchester Minerals
1.21%
Total33.12%
See All Holdings


