Multi-Asset Diversified Income Index Fund
Name
As of 12/20/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
9.6%
1 yr return
10.8%
3 Yr Avg Return
6.2%
5 Yr Avg Return
3.1%
Net Assets
$463 M
Holdings in Top 10
31.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.80%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 12/20/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MDIV - Profile
Distributions
- YTD Total Return 9.6%
- 3 Yr Annualized Total Return 6.2%
- 5 Yr Annualized Total Return 3.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 3.03%
- Dividend Yield 7.9%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameMulti-Asset Diversified Income Index Fund
-
Fund Family NameFirst Trust Advisors L.P.
-
Inception DateAug 13, 2012
-
Shares Outstanding28800002
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDaniel Lindquist
Fund Description
MDIV - Performance
Return Ranking - Trailing
Period | MDIV Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 9.6% | -2.2% | 74.1% | 68.43% |
1 Yr | 10.8% | -1.8% | 70.3% | 59.18% |
3 Yr | 6.2%* | -4.7% | 21.9% | 6.31% |
5 Yr | 3.1%* | -3.9% | 21.6% | 95.47% |
10 Yr | 3.5%* | 0.8% | 13.8% | 93.68% |
* Annualized
Return Ranking - Calendar
Period | MDIV Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.5% | -12.2% | 23.9% | 89.38% |
2022 | -9.8% | -34.7% | 2.8% | 4.80% |
2021 | 10.4% | -11.9% | 18.1% | 15.92% |
2020 | -20.0% | -20.9% | 39.7% | 99.84% |
2019 | 11.6% | 0.8% | 25.7% | 74.67% |
Total Return Ranking - Trailing
Period | MDIV Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 9.6% | -2.2% | 74.1% | 68.43% |
1 Yr | 10.8% | -1.8% | 70.3% | 59.18% |
3 Yr | 6.2%* | -4.7% | 21.9% | 6.31% |
5 Yr | 3.1%* | -3.9% | 21.6% | 95.47% |
10 Yr | 3.5%* | 0.8% | 13.8% | 93.68% |
* Annualized
Total Return Ranking - Calendar
Period | MDIV Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 11.5% | -12.2% | 26.8% | 77.14% |
2022 | -3.9% | -29.0% | 10.9% | 3.00% |
2021 | 16.5% | -3.0% | 27.3% | 14.53% |
2020 | -14.9% | -19.5% | 40.6% | 99.51% |
2019 | 18.6% | 2.2% | 32.7% | 66.00% |
MDIV - Holdings
Concentration Analysis
MDIV | Category Low | Category High | MDIV % Rank | |
---|---|---|---|---|
Net Assets | 463 M | 861 K | 235 B | 64.86% |
Number of Holdings | 124 | 2 | 16143 | 40.86% |
Net Assets in Top 10 | 140 M | 859 K | 66.9 B | 71.83% |
Weighting of Top 10 | 31.77% | 10.8% | 122.7% | 70.65% |
Top 10 Holdings
- First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF 19.92%
- Icahn Enterprises LP 1.61%
- PennyMac Mortgage Investment Trust 1.58%
- Delek Logistics Partners LP 1.34%
- Alliance Resource Partners LP 1.29%
- Black Stone Minerals LP 1.25%
- Kimbell Royalty Partners LP 1.24%
- CrossAmerica Partners LP 1.19%
- Dorchester Minerals LP 1.19%
- Rithm Capital Corp 1.16%
Asset Allocation
Weighting | Return Low | Return High | MDIV % Rank | |
---|---|---|---|---|
Stocks | 79.79% | 0.00% | 100.10% | 46.31% |
Preferred Stocks | 19.94% | 0.00% | 24.59% | 0.44% |
Cash | 0.27% | -7.92% | 100.00% | 75.07% |
Convertible Bonds | 0.17% | 0.00% | 23.84% | 83.21% |
Other | 0.00% | -42.55% | 113.97% | 88.94% |
Bonds | 0.00% | 0.00% | 77.71% | 96.90% |
Stock Sector Breakdown
Weighting | Return Low | Return High | MDIV % Rank | |
---|---|---|---|---|
Energy | 34.77% | 0.00% | 85.65% | 1.34% |
Real Estate | 30.77% | 0.00% | 65.01% | 1.79% |
Utilities | 8.71% | 0.00% | 99.55% | 6.26% |
Financial Services | 8.50% | 0.00% | 38.77% | 92.85% |
Consumer Defense | 5.50% | 0.00% | 15.14% | 80.33% |
Industrials | 3.24% | 0.00% | 24.37% | 98.36% |
Communication Services | 2.55% | 0.00% | 38.10% | 94.78% |
Healthcare | 2.32% | 0.00% | 29.35% | 94.78% |
Consumer Cyclical | 2.04% | 0.00% | 19.36% | 97.02% |
Technology | 0.81% | 0.00% | 44.21% | 98.21% |
Basic Materials | 0.79% | 0.00% | 25.57% | 94.49% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | MDIV % Rank | |
---|---|---|---|---|
US | 79.79% | 0.00% | 100.10% | 45.72% |
Non US | 0.00% | 0.00% | 42.80% | 94.25% |
MDIV - Expenses
Operational Fees
MDIV Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.80% | 0.03% | 27.98% | 67.30% |
Management Fee | 0.60% | 0.00% | 1.83% | 73.50% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 12.03% |
Administrative Fee | N/A | 0.01% | 0.83% | N/A |
Sales Fees
MDIV Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
MDIV Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
MDIV Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.83% | 343.00% | 70.61% |
MDIV - Distributions
Dividend Yield Analysis
MDIV | Category Low | Category High | MDIV % Rank | |
---|---|---|---|---|
Dividend Yield | 7.90% | 0.00% | 17.90% | 4.10% |
Dividend Distribution Analysis
MDIV | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annual | Monthly | Monthly |
Net Income Ratio Analysis
MDIV | Category Low | Category High | MDIV % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.03% | -2.34% | 13.92% | 5.41% |
Capital Gain Distribution Analysis
MDIV | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 13, 2024 | $0.106 | OrdinaryDividend |
Nov 21, 2024 | $0.082 | OrdinaryDividend |
Oct 22, 2024 | $0.072 | OrdinaryDividend |
Sep 26, 2024 | $0.098 | OrdinaryDividend |
Aug 21, 2024 | $0.117 | OrdinaryDividend |
Jul 23, 2024 | $0.049 | OrdinaryDividend |
Jun 27, 2024 | $0.089 | OrdinaryDividend |
Apr 23, 2024 | $0.062 | OrdinaryDividend |
Mar 21, 2024 | $0.125 | OrdinaryDividend |
Feb 21, 2024 | $0.070 | OrdinaryDividend |
Jan 23, 2024 | $0.074 | OrdinaryDividend |
Dec 22, 2023 | $0.098 | OrdinaryDividend |
Nov 21, 2023 | $0.107 | OrdinaryDividend |
Oct 24, 2023 | $0.047 | OrdinaryDividend |
Sep 22, 2023 | $0.098 | OrdinaryDividend |
Aug 22, 2023 | $0.088 | OrdinaryDividend |
Jul 21, 2023 | $0.049 | OrdinaryDividend |
Jun 27, 2023 | $0.070 | OrdinaryDividend |
May 23, 2023 | $0.105 | OrdinaryDividend |
Apr 21, 2023 | $0.022 | OrdinaryDividend |
Mar 24, 2023 | $0.136 | OrdinaryDividend |
Feb 22, 2023 | $0.072 | OrdinaryDividend |
Jan 24, 2023 | $0.060 | OrdinaryDividend |
Dec 23, 2022 | $0.111 | OrdinaryDividend |
Nov 22, 2022 | $0.091 | OrdinaryDividend |
Oct 21, 2022 | $0.062 | OrdinaryDividend |
Sep 23, 2022 | $0.117 | OrdinaryDividend |
Aug 23, 2022 | $0.114 | OrdinaryDividend |
Jul 21, 2022 | $0.031 | OrdinaryDividend |
Jun 24, 2022 | $0.097 | OrdinaryDividend |
May 24, 2022 | $0.109 | OrdinaryDividend |
Apr 21, 2022 | $0.053 | OrdinaryDividend |
Mar 25, 2022 | $0.091 | OrdinaryDividend |
Feb 18, 2022 | $0.072 | OrdinaryDividend |
Jan 21, 2022 | $0.055 | OrdinaryDividend |
Dec 23, 2021 | $0.093 | OrdinaryDividend |
Nov 23, 2021 | $0.098 | OrdinaryDividend |
Oct 21, 2021 | $0.063 | OrdinaryDividend |
Sep 23, 2021 | $0.076 | OrdinaryDividend |
Aug 24, 2021 | $0.078 | OrdinaryDividend |
Jul 21, 2021 | $0.063 | OrdinaryDividend |
Jun 24, 2021 | $0.068 | OrdinaryDividend |
May 21, 2021 | $0.082 | OrdinaryDividend |
Apr 21, 2021 | $0.059 | OrdinaryDividend |
Mar 25, 2021 | $0.047 | OrdinaryDividend |
Feb 23, 2021 | $0.070 | OrdinaryDividend |
Jan 21, 2021 | $0.084 | OrdinaryDividend |
Dec 24, 2020 | $0.061 | OrdinaryDividend |
Nov 24, 2020 | $0.074 | OrdinaryDividend |
Oct 21, 2020 | $0.076 | OrdinaryDividend |
Sep 24, 2020 | $0.061 | OrdinaryDividend |
Aug 21, 2020 | $0.089 | OrdinaryDividend |
Jul 21, 2020 | $0.041 | OrdinaryDividend |
Jun 25, 2020 | $0.065 | OrdinaryDividend |
May 21, 2020 | $0.107 | OrdinaryDividend |
Apr 21, 2020 | $0.036 | OrdinaryDividend |
Mar 26, 2020 | $0.084 | OrdinaryDividend |
Feb 21, 2020 | $0.122 | OrdinaryDividend |
Jan 22, 2020 | $0.087 | OrdinaryDividend |
Dec 13, 2019 | $0.085 | OrdinaryDividend |
Nov 21, 2019 | $0.128 | OrdinaryDividend |
Oct 22, 2019 | $0.060 | OrdinaryDividend |
Sep 25, 2019 | $0.088 | OrdinaryDividend |
Aug 21, 2019 | $0.120 | OrdinaryDividend |
Jul 23, 2019 | $0.059 | OrdinaryDividend |
Jun 14, 2019 | $0.104 | OrdinaryDividend |
May 21, 2019 | $0.112 | OrdinaryDividend |
Apr 23, 2019 | $0.060 | OrdinaryDividend |
Mar 21, 2019 | $0.100 | OrdinaryDividend |
Feb 21, 2019 | $0.131 | OrdinaryDividend |
Jan 23, 2019 | $0.063 | OrdinaryDividend |
Dec 18, 2018 | $0.097 | OrdinaryDividend |
Nov 21, 2018 | $0.135 | OrdinaryDividend |
Oct 23, 2018 | $0.054 | OrdinaryDividend |
Sep 14, 2018 | $0.097 | OrdinaryDividend |
Aug 21, 2018 | $0.076 | OrdinaryDividend |
Jul 20, 2018 | $0.057 | OrdinaryDividend |
Jun 21, 2018 | $0.135 | OrdinaryDividend |
May 22, 2018 | $0.119 | OrdinaryDividend |
Apr 20, 2018 | $0.046 | OrdinaryDividend |
Mar 22, 2018 | $0.121 | OrdinaryDividend |
Feb 21, 2018 | $0.111 | OrdinaryDividend |
Jan 23, 2018 | $0.089 | OrdinaryDividend |
Dec 21, 2017 | $0.109 | OrdinaryDividend |
Nov 21, 2017 | $0.162 | OrdinaryDividend |
Oct 20, 2017 | $0.064 | OrdinaryDividend |
Sep 21, 2017 | $0.140 | OrdinaryDividend |
Aug 22, 2017 | $0.097 | OrdinaryDividend |
Jul 21, 2017 | $0.056 | OrdinaryDividend |
Jun 22, 2017 | $0.111 | OrdinaryDividend |
May 23, 2017 | $0.088 | OrdinaryDividend |
Apr 21, 2017 | $0.062 | OrdinaryDividend |
Mar 23, 2017 | $0.109 | OrdinaryDividend |
Feb 22, 2017 | $0.087 | OrdinaryDividend |
Jan 20, 2017 | $0.065 | OrdinaryDividend |
Dec 21, 2016 | $0.105 | OrdinaryDividend |
Nov 22, 2016 | $0.084 | OrdinaryDividend |
Oct 21, 2016 | $0.069 | OrdinaryDividend |
Sep 21, 2016 | $0.098 | OrdinaryDividend |
Aug 23, 2016 | $0.113 | OrdinaryDividend |
Jul 21, 2016 | $0.095 | OrdinaryDividend |
Jun 22, 2016 | $0.126 | OrdinaryDividend |
May 20, 2016 | $0.123 | OrdinaryDividend |
Apr 21, 2016 | $0.089 | OrdinaryDividend |
Mar 23, 2016 | $0.111 | OrdinaryDividend |
Feb 23, 2016 | $0.138 | OrdinaryDividend |
Jan 21, 2016 | $0.065 | OrdinaryDividend |
Dec 23, 2015 | $0.099 | OrdinaryDividend |
Nov 20, 2015 | $0.120 | OrdinaryDividend |
Oct 21, 2015 | $0.069 | OrdinaryDividend |
Sep 23, 2015 | $0.196 | OrdinaryDividend |
Aug 21, 2015 | $0.135 | OrdinaryDividend |
Jul 21, 2015 | $0.085 | OrdinaryDividend |
Jun 24, 2015 | $0.084 | OrdinaryDividend |
May 21, 2015 | $0.110 | OrdinaryDividend |
Apr 21, 2015 | $0.063 | OrdinaryDividend |
Mar 25, 2015 | $0.140 | OrdinaryDividend |
Feb 20, 2015 | $0.110 | OrdinaryDividend |
Jan 21, 2015 | $0.141 | OrdinaryDividend |
Dec 23, 2014 | $0.121 | OrdinaryDividend |
Nov 21, 2014 | $0.083 | OrdinaryDividend |
Oct 21, 2014 | $0.101 | OrdinaryDividend |
Sep 23, 2014 | $0.104 | OrdinaryDividend |
Aug 21, 2014 | $0.104 | OrdinaryDividend |
Jul 22, 2014 | $0.102 | OrdinaryDividend |
Jun 24, 2014 | $0.097 | OrdinaryDividend |
May 21, 2014 | $0.125 | OrdinaryDividend |
Apr 22, 2014 | $0.080 | OrdinaryDividend |
Mar 25, 2014 | $0.136 | OrdinaryDividend |
Feb 21, 2014 | $0.108 | OrdinaryDividend |
Jan 22, 2014 | $0.059 | OrdinaryDividend |
Dec 18, 2013 | $0.185 | OrdinaryDividend |
Nov 21, 2013 | $0.049 | OrdinaryDividend |
Oct 22, 2013 | $0.088 | OrdinaryDividend |
Sep 20, 2013 | $0.153 | OrdinaryDividend |
Aug 21, 2013 | $0.135 | OrdinaryDividend |
Jul 23, 2013 | $0.096 | OrdinaryDividend |
Jun 21, 2013 | $0.066 | OrdinaryDividend |
May 21, 2013 | $0.125 | OrdinaryDividend |
Apr 23, 2013 | $0.076 | OrdinaryDividend |
Mar 21, 2013 | $0.076 | OrdinaryDividend |
Feb 21, 2013 | $0.133 | OrdinaryDividend |
Dec 21, 2012 | $0.283 | OrdinaryDividend |
Dec 21, 2012 | $0.001 | CapitalGainShortTerm |
Sep 21, 2012 | $0.037 | OrdinaryDividend |
MDIV - Fund Manager Analysis
Managers
Daniel Lindquist
Start Date
Tenure
Tenure Rank
Aug 13, 2012
9.8
9.8%
Daniel J. Lindquist, CFA, was born in 1970. Mr. Lindquist earned a B.A. in Business Economics from Wheaton College and has an MBA in Finance from the University of Chicago. He has been with First Trust Advisors L.P. since 2004 and is a Managing Director. Mr. Lindquist is the Chairman of the Investment Committee and is responsible for the overall supervision of the Separate Managed Accounts.
Jon Erickson
Start Date
Tenure
Tenure Rank
Aug 13, 2012
9.8
9.8%
Jon C. Erickson, CFA, was born in 1966. Mr. Erickson earned a B.S. in Computer Science from the University of Illinois and has an MBA from the University of Illinois in Finance. He has been with First Trust Advisors L.P. since 1994 and he is a Portfolio Manager and Senior Vice President. As the head of FTA’s Equity Research Group, Mr. Erickson shall be responsible for determining the securities to be purchased and sold by Funds that do not utilize quantitative investment strategies on behalf of the Investment Committee.
David McGarel
Start Date
Tenure
Tenure Rank
Aug 13, 2012
9.8
9.8%
David G. McGarel, CFA, was born in 1966. Mr. McGarel earned a B.S. in Accounting from the University of Notre Dame. He has been with First Trust Advisors L.P. since 1997 and he is a Managing Director, Chief Operating Officer and the Chief Investment Officer. As head of FTA’s Strategy Research Group, Mr. McGarel shall be responsible for developing and implementing quantitative investment strategies for those Funds that have investment policies that require them to follow such strategies, on behalf of the Investment Committee.
Stan Ueland
Start Date
Tenure
Tenure Rank
Aug 13, 2012
9.8
9.8%
Mr. Ueland joined First Trust Advisors as a Vice President in August 2005 and has been a Senior Vice President of First Trust and FTP since September 2012. At First Trust, he plays an important role in executing the investment strategies of each portfolio of exchange-traded funds advised by First Trust. Before joining First Trust, he was vice president of sales at BondWave LLC from May 2004 through August 2005, an account executive for Mina Capital Management LLC and Samaritan Asset Management LLC from January 2003 through May 2004, and a sales consultant at Oracle Corporation from January 1997 through January 2003.
Roger Testin
Start Date
Tenure
Tenure Rank
Aug 13, 2012
9.8
9.8%
Roger F. Testin, CFA, was born in 1966. Mr. Testin earned a B.S. in Accounting from the University of Illinois and has an MBA in Finance from the University of Chicago. He has been with First Trust Advisors L.P. since 2001 and he is a Portfolio Manager and Senior Vice President. As Product Manager for the VA’s, SMA’s and International Managed Products, Mr. Testin shall be responsible for the daily implementation and execution of the strategies for these product vehicles on behalf of the Investment Committee.
Chris Peterson
Start Date
Tenure
Tenure Rank
Mar 18, 2016
6.21
6.2%
Chris A. Peterson, CFA was born in 1975. Mr. Peterson earned a B.S in Finance from Bradley University and has an MBA from the University of Chicago Booth School of Business with concentrations in Analytic Finance & Accounting. He has been with First Trust Advisors L.P. since 2000. As head of FTA’s Portfolio Advisor’s Strategy Research Group, Mr. Peterson shall be responsible for developing and implementing quantitative equity strategies on behalf of the Investment Committee.
Erik Russo
Start Date
Tenure
Tenure Rank
Dec 31, 2020
1.41
1.4%
Mr. Russo is a Vice President of First Trust. He is responsible for implementing the investment strategies of each portfolio of exchange-traded funds advised by First Trust in his role as a Portfolio Manager. Mr. Russo joined First Trust in January of 2010.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 34.51 | 6.39 | 2.41 |