MDIV ETF Price & Analysis
MDIV ETF Chart & Stats
$16.67
--
Market closed
$16.67
--
Day’s Range― - ―
52-Week Range$15.52 - $16.81
Previous Close$16.67
VolumeN/A
Average Volume (3M)62.55K
AUM418.54M
NAV16.66
Expense Ratio0.71%
Holdings Count125
Beta0.30
Inception DateAug 14, 2012
Last Dividend Ex-Date
Jun 25, 2026Dividend Yield
(6.99%)Shares OutstandingN/A
Standard DeviationN/A
10 Day Avg. Volume58,203
30 Day Avg. Volume62,554
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: -$47M
MDIV ETF News
MDIV ETF FAQ
What was MDIV’s price range in the past 12 months?
MDIV lowest ETF price was $15.52 and its highest was $16.81 in the past 12 months.
What is the AUM of MDIV?
As of Jul 07, 2026 The AUM of MDIV is 418.54M.
Is MDIV overvalued?
According to Wall Street analysts MDIV’s price is currently Undervalued.
Does MDIV pay dividends?
MDIV pays a Monthly dividend of $0.159 which represents an annual dividend yield of 6.99%. 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
19.56%
AGNC Investment Corp.
1.63%
PennyMac Mortgage Investment
1.56%
Icahn Enterprises LP
1.54%
MFA Financial Inc
1.53%
TXO Energy Partners LP
1.52%
Mach Natural Resources LP
1.51%
Annaly Capital Management
1.48%
Rithm Capital Corp.
1.18%
Crossamerica Partners LP
1.13%
Total32.66%
See All Holdings

