MDIVMulti-Asset Diversified Income Index Fund

Grow my money13y track recordRanked #1,021 of 2,960 in this goal

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%

#3,560 of 5,562 · average

Fund Size

$411M

#1,728 of 5,562 · large

Return (1Y)Goal

+10.6%

Track Record

13 years

#1,026 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,868+8.7%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Mixed asset

Region

North america

Strategy

Index tracking

Index tracked

Nasdaq US Multi-Asset Diversified Income Index

What it actually holds

By weight

Concentration

Top 10 holdings = 31.4% of fund✓ well diversified

First Trust Tactical High Yield ETF

20.1%

Mach Natural Resources LP

1.5%

Icahn Enterprises LP

1.5%

TXO Partners LP

1.4%

Apollo Commercial Real Estate

1.4%

Rithm Capital Corp

1.2%

Western Midstream Partners LP

1.1%

Kimbell Royalty Partners LP

1.1%

Apple Hospitality REIT Inc

1.1%

RITHM CAPITAL CORP

1.0%

Asset allocation

Stocks

59.7%

Bonds

20.0%

Preferred

18.8%

Other

1.4%

Cash

0.1%

By sector

Energy

34.4%

Real Estate

33.8%

Financial Services

13.8%

Utilities

6.3%

Consumer Defensive

5.2%

Consumer Cyclical

2.7%

Communication

2.3%

Healthcare

1.5%

Other

0.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

6.8%Low

Year-on-year price swings

Max drawdown

-48.5%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.80Decent risk-adjusted returns

Sortino (3Y)

1.14Good downside protection

Bond profile

Duration

6.8 years

Credit ratings

BBB

4.3%

37.1%

40.9%

Below B

15.0%

Other

2.8%

Where to buy

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 Index, aiming to replicate its performance. The Index allocates equally across five asset segments.
Inception date: August 13, 2012
Fund family: First Trust