MDIV First Trust Multi-Asset Diversified Income ETF

Seeks to track, before fees and expenses, the NASDAQ Multi-Asset Diversified Income Index. The index is a modified market capitalization-weighted index designed to provide exposure to multiple asset segments, each selected to result in a consistent and high yield for the index. The Index is comprised of securities classified as equities (20%), real estate investment trusts (REITs) (20%), preferred securities (20%), master limited partnerships (MLPs) (20%) and a high yield corporate debt ETF (20%). Each segment has its own set of eligibility criteria. Every security in the index is U.S.-listed and meets stringent eligibility criteria based on liquidity, size, volatility and yield. The index is rebalanced quarterly.

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As of 09/23/2022 16:00:00 EST     IEX book   CBOE book


ETF Information
Sponsor:     First Trust
Category1:  Special Security Types
Category2:  Broad market
Category3:  
Morningstar category:  Allocation--50% to 70% Equity
Leverage factor:  1.00
Inception date:  08/13/2012
Index tracking method: Passive replication
Current yield:  6.32%
Historical average yield:  6.02%
Market cap:  $465,443,029
Average volume:  64,399
Fees:     0.7100%

Index Information
NASDAQ US Multi-Asset Diversified Income Index
Index symbol:  NQMAUS
Provider:   NASDAQ OMX
Index weighting:   Other
Index inception date:  06/20/2012
Backtesting data exists:   Yes
Number of holdings:  123  (as of 12/03/2019)
Strategy:  Multi-factor investing
Factors used to select securities:

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