Multi-Asset Diversified Income ETF (MDIV)
15.82
+0.05
(+0.32%)
USD |
NASDAQ |
Mar 28, 16:00
15.82
0.00 (0.00%)
After-Hours: 20:00
Price Chart
Key Stats
Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
---|---|---|---|
0.68% | 0.00% | 432.17M | 95259.63 |
Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
6.40% | 76.00% | -47.79M | Upgrade |
Basic Info
Investment Strategy | |
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 U.S. 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. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | Small Cap/Value |
Fixed Income Style | Low Quality/Limited Sensitivity |
Broad Asset Class | Allocation |
Broad Category | Allocation |
Category Name | Aggressive Allocation |
Category Index | Morningstar Agg Tgt Risk TR USD |
Global Category Name | Aggressive Allocation |
YCharts Categorization | Target Allocation |
YCharts Benchmark | S&P Target Risk Moderate Index (^STRB) |
Prospectus Objective | Growth |
Fund Owner Firm Name | First Trust Advisors L.P. |
Prospectus Benchmark Index | |
NASDAQ US Multi-Asset Divers Inc TR USD | 100.0% |
Broad Asset Class Benchmark Index | |
^SPXTR | 100.0% |
Manager Tenure | |
Daniel Lindquist | 11.56 yrs |
David McGarel | 11.56 yrs |
Jon Erickson | 11.56 yrs |
Roger Testin | 11.56 yrs |
Stan Ueland | 11.56 yrs |
Chris Peterson | 7.96 yrs |
Erik Russo | 3.17 yrs |
Performance Versus Category
As of March 27, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of March 27, 2024.
Basic Info
Investment Strategy | |
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 U.S. 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. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | Small Cap/Value |
Fixed Income Style | Low Quality/Limited Sensitivity |
Broad Asset Class | Allocation |
Broad Category | Allocation |
Category Name | Aggressive Allocation |
Category Index | Morningstar Agg Tgt Risk TR USD |
Global Category Name | Aggressive Allocation |
YCharts Categorization | Target Allocation |
YCharts Benchmark | S&P Target Risk Moderate Index (^STRB) |
Prospectus Objective | Growth |
Fund Owner Firm Name | First Trust Advisors L.P. |
Prospectus Benchmark Index | |
NASDAQ US Multi-Asset Divers Inc TR USD | 100.0% |
Broad Asset Class Benchmark Index | |
^SPXTR | 100.0% |
Manager Tenure | |
Daniel Lindquist | 11.56 yrs |
David McGarel | 11.56 yrs |
Jon Erickson | 11.56 yrs |
Roger Testin | 11.56 yrs |
Stan Ueland | 11.56 yrs |
Chris Peterson | 7.96 yrs |
Erik Russo | 3.17 yrs |