MDIVMulti-Asset Diversified Income Index Fund
Seeks investment results that correspond generally to the price and yield of the Nasdaq US Multi-Asset Diversified Income Index.
By First Trust · Launched 2012
Annual Cost
0.71%
#3,716 of 5,861 · average
Fund Size
$416M
#1,748 of 5,861 · large
Return (1Y)Goal
+12.5%
Track Record
13 years
#1,007 of 5,861 · established
Performance
Total-return NAV · USDGrowth of $10,000
$11,197+12.0%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
Mixed assetRegion
North americaStrategy
Index tracking
Index tracked
Nasdaq US Multi-Asset Diversified Income Index
What it actually holds
By weightConcentration
Top 10 holdings = 33.1% of fund✓ well diversified
First Trust Exchange-Traded Fund IV
20.3%
Mach Natural Resources LP
1.8%
TXO Partners LP
1.6%
Icahn Enterprises LP
1.5%
ARMOUR Residential REIT, Inc.
1.5%
Agnc Investment Corp
1.3%
Annaly Capital Management, Inc.
1.3%
Chimera Investment Corporation
1.3%
Kimbell Royalty Partners Lp
1.3%
Alliance Resource Partners, L.P.
1.2%
Asset allocation
Stocks
60.5%
Bonds
19.6%
Preferred
18.2%
Other
1.4%
Cash
0.2%
By sector
Real Estate
33.8%
Energy
33.0%
Financial Services
14.4%
Consumer Defensive
8.0%
Utilities
6.6%
Healthcare
2.1%
Communication
1.3%
Consumer Cyclical
0.8%
Other
0.1%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
6.7%Low
Year-on-year price swings
Max drawdown
-48.6%Severe
Worst peak-to-trough loss
Sharpe (3Y)
0.76Decent risk-adjusted returns
Sortino (3Y)
1.09Good downside protection
Bond profile
Duration
6.8 years
Credit ratings
BBB
4.8%
BB
41.3%
B
38.7%
Below B
12.8%
Other
2.4%
Listing
- Exchange
- NASDAQ Global Select Market
Full fund details
- Objective
- Seeks investment results that correspond generally to the price and yield of the Nasdaq US Multi-Asset Diversified Income Index.
- Strategy
- Invests primarily in common stocks, REITs, preferred securities, MLPs, and ETFs that comprise the Nasdaq US Multi-Asset Diversified Income Index using an indexing investment approach. The Fund may invest in companies with various market capitalizations and non-U.S. securities.
- Inception date
- August 13, 2012
- Fund family
- First Trust
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Data updated on 2026-08-04