MDIV : First Trust Multi-Asset Diversified Income Index Fund

MDIV is a Allocation Market All-In-One index fund with MODERATE fees.

MDIV

First Trust Multi-Asset Diversified Income Index Fund

FI Score

46 /100

Diversification Rating

0 /10

Expense Ratio Rating

6 /10

Expense Rating

3 /10

Market Score

5 /10

Category Score

5 /10

Market Size

5 /10

46% FI Score
  • mdiv
  • ETF
  • Allocation
  • All-In-One

First Trust Multi-Asset Diversified Income Index Fund

Expenses: 0.73% (Better than 1% of similar funds)

This is a bad choice for a All-In-One Allocation fund. See why ยป

Fund Summary

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the NASDAQ US Multi-Asset Diversified Income IndexSM. 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.

Largest Holdings

Amount Holding
23.64% First Trust Tactical High Yield ETF
1.26% DCP Midstream, LP
1.18% Calpine Corporation
1.12% Delek Logistics Partners, LP
1.12% USA Compression Partners, LP
1.10% Holly Energy Partners, L.P
1.07% Annaly Capital Management Inc Cum Red Pfd Shs Series -D-
1.05% GMAC Capital Trust I Pfd Secs 2011-15.2.40 Gtd Series 2
1.01% Black Stone Minerals, L.P

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