First Trust Multi-Asset Diversified Income Index Fund
MDIVETF · Nasdaq
$16.17
+$0.11 (+0.68%)
EOD Oct 29, 2026
Key facts
- Expense ratio
- 0.48%
- Dividend yield (TTM)
- 7.19%
- Distributions
- Monthly
- Fund net assets (Jun 2026)
- $416M
- Stocks held
- 118
- Other positions
- 1
- Turnover (last fiscal year)
- 29%
- 52-week range
- $15.52 to $17.02
Top 10 holdings
All holdings36.1% of assets in ten stocks, as of Oct 28, 2026
| Company | Weight | Quality |
|---|---|---|
| HYFirst Trust Tactical High Yield EtfHYLS | 20.46% | n/a |
| 4.06% | 23 | |
| 2.16% | 7 | |
| 1.40% | 55 | |
| 1.38% | 35 | |
| 1.33% | 24 | |
| 1.32% | 26 | |
| 1.32% | 11 | |
| 1.31% | 38 | |
| 1.31% | 10 |
Sector allocation
Share of the fund's assets
- Real Estate22.0%
- High Yield Corporate Bond ETFs20.5%
- Preferred Securities11.8%
- Utilities10.8%
- Financials10.1%
- Other (8)24.7%
All 13 sectors
- Real Estate22.0%
- High Yield Corporate Bond ETFs20.5%
- Preferred Securities11.8%
- Utilities10.8%
- Financials10.1%
- Energy9.9%
- Consumer Discretionary4.4%
- Industrials3.4%
- Consumer Staples2.5%
- Materials2.3%
- Healthcare1.0%
- Communication0.9%
- Dividend Paying Equities0.4%
Scores of what it owns
Every holding's scoreEach holding's score, weighted by its size in the fund
6% of the fund's stock weight sits in companies with a Quality score above 75, 41% in companies below 50.
Where it invests
Stock weight by the company's home country
- United States99.9%
Growth of $10,000
With and without the dividends reinvested
Dividend
Dividend historyMDIV pays monthly. Over the last twelve months it paid $1.16 per share, a 7.19% yield at today's price. The latest payment was $0.08, ex-dividend Oct 21, 2026. Over five years the annual payout grew 2.6% a year.
MDIV questions
What does MDIV invest in?+
First Trust Multi-Asset Diversified Income Index Fund is an exchange-traded fund. Its largest holdings are First Trust Tactical High Yield Etf (20.46%), AGNC Investment Corp. (4.06%), Chs Inc (2.16%).
What is MDIV's expense ratio?+
0.48% a year, as stated in the fund's latest shareholder report filed with the SEC. On a $10,000 investment that is about $48.00 a year.
How much does MDIV pay in dividends?+
MDIV paid $1.16 per share over the last twelve months, a 7.19% yield at the Oct 29, 2026 close of $16.17. It pays monthly.
How good are the companies MDIV owns?+
Weighted by position size, the stocks in MDIV average a Quality score of 45 out of 100. 6% of the fund's stock weight sits in companies scoring above 75, 41% in companies below 50. The score is computed from each company's SEC filings; the methodology page lists every check.
Holdings: the fund's own holdings list, published by First Trust, as of Oct 28, 2026. Expense ratio, turnover and returns: the fund's shareholder report (SEC Form N-CSR) for the period to n/a. Net assets: SEC Form N-PORT. Quality scores: computed by Intrinsiqq from each company's SEC filings (methodology). Price: end of day Oct 29, 2026.