MDIV

Multi-Asset Diversified Income Index Fund
*Unless otherwise stated, data provided by FactSet.

MDIV Fund Description

MDIV tracks an index of equal-weighted US-listed securities, comprised of dividend-paying equities, REITs, preferred securities, MLPs, and a high-yield bond ETF.

MDIV Factset Analytics Insight

MDIV offers exposure to a diverse range of income-producing asset types. Like some peer funds, MDIV has a preset allocation target to various cap-weighted asset buckets, targeting a weight of 20% apiece to REITs, preferred stock, MLPs, stocks and depository receipts, and high-yield bonds in the form of First Trust's own junk-bond ETF, HYLS. Each component in the underlying index is US-listed and meets stringent eligibility criteria based on liquidity, size, volatility and yield. This overall structure reduces diversity somewhat within each bucket and emphasizes bottom-up security selection rather than top-down allocation. That said, MDIV may have the diversification edge in the context of an investor’s portfolio, thanks to its sizeable allocations to non-traditional assets (MLPs, REITs). As with all income-focused products, be sure to check the total return as well as yield. The index is rebalanced quarterly.

PERFORMANCE [as of 05/12/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
MDIV -- -- -- -- -- -- --
MDIV (NAV) -4.81% -3.14% -2.88% 1.35% 0.33% 2.06% --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

MDIV Summary Data

First Trust
08/14/12
Open-Ended Fund
0.73%
$469.38M
0.32%

MDIV Portfolio Data

5.61%
N/A

MDIV Index Data

NASDAQ Multi-Asset Diversified Income Index
Equal
Fixed
N/A

MDIV Fund Structure

No
No
-- / --
N/A
N/A
Low
N/A
N/A

MDIV Tax Exposures

20.00% / 39.60%
--
No

MDIV Factset Analytics Block Liquidity

As of 05/13/22
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of MDIV. MDIV is rated a 4 out of 5.

MDIV Tradability

121,597
$1.99M
70,409
$1.15M
0.32%
$0.05
-0.06%
0.49% / -0.69%
None
100.00%
50,000
1.41
0.12%
0.37%
67
$15.89
4