FT Multi-Asset Diversified Income Fund logo

FT Multi-Asset Diversified Income Fund (MDIV)

Market Closed
5 Dec, 20:00
NASDAQ (NMS) NASDAQ (NMS)
$
15. 84
+0.01
+0.03%
$
432.43M Market Cap
0.47% Div Yield
53,551 Volume
$ 15.83
Previous Close
Day Range
15.81 15.89
Year Range
14.75 16.79
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MDIV: Income ETF With Slow Decay, Lagging Competitors

MDIV: Income ETF With Slow Decay, Lagging Competitors

First Trust Multi-Asset Diversified Income Index Fund (MDIV) has a 6.6% yield from stocks, REITs, preferreds, MLPs and junk bonds. MDIV is well balanced in these five sectors and diversified across a number of issuers. MDIV positive total return hides a slow decay in capital and income stream for shareholders, amplified by inflation.

Seekingalpha | 5 months ago
MDIV: Income From A Nice Mix Of Places

MDIV: Income From A Nice Mix Of Places

The First Trust Multi-Asset Diversified Income Index Fund ETF (MDIV) offers income-focused investors exposure to multiple asset classes, including REITs, MLPs, and high-yield bonds. MDIV aims to replicate the NASDAQ US Multi-Asset Diversified Income Index™, providing a balanced mix of income-generating assets with a net expense ratio of 0.68%. The fund's diversified holdings and 30-day SEC yield of 6.60% make it an attractive option for steady income despite higher risks and costs.

Seekingalpha | 1 year ago