Multi-Asset Diversified Income Index Fund (MDIV) price, chart and fund profile

Price chart

Fund profile

This fund tracks an index of equal-weighted US-listed securities, comprised of dividend-paying equities, REITs, preferred securities, MLPs, and a high-yield bond ETF.

Issuer

First Trust Advisors L.P.

Industry

—

Inception

Aug 13, 2012

Assets under management

$432.5M

Expense ratio

0.71%

Net asset value

$16.76

NAV as of

Aug 28, 2026

Distributions

Monthly

Leverage

1×

Fund page

www.ftportfolios.com↗

• What is Multi-Asset Diversified Income Index Fund (MDIV)?

  This fund tracks an index of equal-weighted US-listed securities, comprised of dividend-paying equities, REITs, preferred securities, MLPs, and a high-yield bond ETF.

• What is MDIV's expense ratio?

  Multi-Asset Diversified Income Index Fund charges an annual expense ratio of 0.71%. The fund is issued by First Trust Advisors L.P..

• How large is MDIV?

  Multi-Asset Diversified Income Index Fund manages $432.5M in assets and has traded since Aug 13, 2012.

• How do I buy shares of Multi-Asset Diversified Income Index Fund (MDIV)?

  MDIV trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web dashboard at portal.lighthorse.io, the trading API, or an AI agent connected over MCP. The trade panel on this page places the order once you are signed in.