FT Multi-Asset Diversified Income Fund (02F3)
XBER 
Summary
02F3 Chart
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.
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.
FT Multi-Asset Diversified Income Fund Dividends
| MDIV In 3 days Estimated | Monthly | $0.1 Per Share |
| MDIV 4 weeks ago Paid | Monthly | $0.1 Per Share |
| MDIV 1 month ago Paid | Monthly | $0.05 Per Share |
| MDIV 2 months ago Paid | Monthly | $0.13 Per Share |
| MDIV 3 months ago Paid | Monthly | $0.07 Per Share |
| MDIV 4 months ago Paid | Monthly | $0.07 Per Share |
FT Multi-Asset Diversified Income Fund Earnings
| MDIV In 3 days Estimated | Monthly | $0.1 Per Share |
| MDIV 4 weeks ago Paid | Monthly | $0.1 Per Share |
| MDIV 1 month ago Paid | Monthly | $0.05 Per Share |
| MDIV 2 months ago Paid | Monthly | $0.13 Per Share |
| MDIV 3 months ago Paid | Monthly | $0.07 Per Share |
| MDIV 4 months ago Paid | Monthly | $0.07 Per Share |
FT Multi-Asset Diversified Income Fund (02F3) FAQ
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FT Multi-Asset Diversified Income Fund Profile
| XBER Exchange | US Country |
Overview
The fund focuses on investing in a diverse set of assets aimed at generating a high yield for its investors. By normally allocating at least 90% of its net assets into a mix of common stocks, depositary receipts, real estate investment trusts (REITs), preferred securities, master limited partnerships (MLPs), and exchange-traded funds (ETFs), the fund seeks to mirror the performance of its underlying index. This index is specifically constructed to provide exposure to five key asset segments designed to yield consistent and high returns. The strategic mix of investments across different asset classes aims to provide investors with a balanced approach to income generation and growth potential, making it an attractive option for those looking to diversify their investment portfolio while seeking higher yields.
Products and Services
- Equity Securities
Equity securities represent ownership interests in companies. These can include common stocks or depositary receipts, which provide investors with a share in the company's profits, usually in the form of dividends, along with voting rights. Investing in equity securities is aimed at capturing the growth potential of companies while distributing dividends to provide steady income.
- Real Estate Investment Trusts (REITs)
REITs offer a way to invest in real estate without having to buy, manage, or finance properties directly. These trusts typically own and operate income-generating real estate and distribute a significant portion of their earnings as dividends to investors. REITs in the fund's portfolio aim to provide investors with exposure to the real estate market, offering the potential for both income through dividends and capital appreciation.
- Preferred Securities
Preferred securities are a type of investment that generally offers higher yields than common stocks and bonds. They blend features of both debt and equity financing and often come with fixed dividend payments. Preferred securities can offer more stable dividends than common stocks, making them an attractive option for income-focused investors.
- Master Limited Partnerships (MLPs)
MLPs are investments in partnerships that typically operate in the energy sector, such as pipelines, storage, and processing facilities. They are known for providing significant income to investors through distribution payments, partly due to their tax-advantaged status. MLPs in the fund aim to offer investors exposure to the energy sector's income-generating potential.
- High Yield Corporate Bonds
High yield corporate bonds, also known as junk bonds, are debt securities issued by companies with lower credit ratings. Because of the higher risk associated with these issuers, high yield bonds typically offer higher interest rates to compensate investors. This component of the fund aims to increase overall yield by incorporating debt securities with higher income potential.
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