MDIV
Closed
First Trust Multi-asset Diversified Income Index Fund
15.88
+0.07 (+0.44%)
Last Update: 01 Jul 2025 23:15:00
Yesterday: 15.81
Day's Range: 15.73 - 15.95
Send
sign up or login to leave a comment!
When Written:
14.67
The First Trust Multi-Asset Diversified Income Index Fund (MDIV) is an exchange-traded fund (ETF) that seeks to provide investors with a diversified portfolio of income-producing assets. The fund invests in a variety of asset classes, including equities, fixed income, and alternative investments, such as real estate investment trusts (REITs) and master limited partnerships (MLPs).
The fund tracks the NASDAQ Multi-Asset Diversified Income Index, which is designed to provide exposure to a diversified range of income-producing assets. The index is comprised of approximately 125 securities and is rebalanced quarterly.
MDIV has an expense ratio of 0.67%, which is relatively low compared to other actively managed funds. It also offers a dividend yield of around 6%, making it an attractive option for income-seeking investors.
However, it's important to note that the fund's performance may be impacted by changes in interest rates, inflation, and other economic factors. As with any investment, investors should carefully consider their investment objectives and risk tolerance before investing in MDIV.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
The fund tracks the NASDAQ Multi-Asset Diversified Income Index, which is designed to provide exposure to a diversified range of income-producing assets. The index is comprised of approximately 125 securities and is rebalanced quarterly.
MDIV has an expense ratio of 0.67%, which is relatively low compared to other actively managed funds. It also offers a dividend yield of around 6%, making it an attractive option for income-seeking investors.
However, it's important to note that the fund's performance may be impacted by changes in interest rates, inflation, and other economic factors. As with any investment, investors should carefully consider their investment objectives and risk tolerance before investing in MDIV.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
(0)
(0)
Send
sign up or login to leave a comment!!