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NasdaqGM - Nasdaq Real Time Price USD

Multi-Asset Diversified Income Index Fund (MDIV)

16.20 -0.01 (-0.03%)
As of 10:22:01 AM EST. Market Open.
Trade MDIV on Coinbase

ETF Summary

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.

ETF Overview

Category Aggressive Allocation
Fund Family First Trust
Net Assets 407.13M
YTD Daily Total Return 9.31%
Yield 7.31%
Legal Type Exchange Traded Fund

ETF Operations

Attributes MDIV Category Average
Annual Report Expense Ratio (net)
0.71% 1.14%
Holdings Turnover
68.00% 64.70%
Total Net Assets
8,264.72 8,264.72

Morningstar Style Box

Yahoo partners with Morningstar a leading market research and investment data group to help investors rate and compare funds on Yahoo Finance. The Morningstar Category is shown next to the Morningstar Style Box which identifies a fund's investment focus, based on the underlying securities in the fund. Yahoo partners with Morningstar a leading market research and investment data group to help investors rate and compare funds on Yahoo Finance. The Morningstar Category is shown next to the Morningstar Style Box which identifies a fund's investment focus, based on the underlying securities in the fund.

Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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