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Multi-Asset Diversified Income Index Fund (MDIV)

Aggressive Allocation · First Trust · NASDAQ

Aggressive AllocationETF
Multi-Asset Diversified Income Index Fund (MDIV) is an exchange-traded fund in the Aggressive Allocation category. It has $431.40M in assets, an expense ratio of 0.71% and a 6.85% dividend yield. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and/or depositary receipts, REITs, preferred securities, MLPs and ETF that comprise the index. The index is designed to provide exposure to five asset segments, each selected to result in a consistent and high yield for the index. These five asset segments are: equity securities, REITs, preferred securities, MLPs and high yield corporate bonds.
Assets under management$431.40M
Expense ratio0.71%
CategoryAggressive Allocation
Dividend yield6.85%
NAV$16.38
Fund familyFirst Trust
ExchangeNASDAQ

Top holdings

The largest positions Multi-Asset Diversified Income Index Fund reports, by weight.

HoldingNameWeight
HYLS First Trust Tactical High Yield ETF 19.64%
TXO TXO Partners LP 1.73%
AGNC AGNC Investment Corp 1.59%
NLY Annaly Capital Management Inc 1.51%
MNR Mach Natural Resources LP 1.49%
MFA MFA Financial Inc 1.45%
IEP Icahn Enterprises LP Depositary Units Repr Units of LP Interests 1.45%
PMT PennyMac Mortgage Investment Trust 1.38%
RITM Rithm Capital Corp 1.30%
DMLP Dorchester Minerals LP 1.18%

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