MDIV - Multi-Asset Diversified Income Index Fund Profile
MDIV Tracks This Index: NASDAQ Multi-Asset Diversified Income Index
Description: The Index is designed to provide access to a diversified portfolio of small, mid and large capitalization income producing securities, which are composed of domestic and international dividend-paying stocks, REITs, oil and gas or basic materials MLPs, U.S.-listed preferred securities and an index-based exchange-traded fund that invests in high yield or “junk” bonds. International securities included in the index are U.S.-listed securities of non-U.S. companies, some of which may be located in emerging markets.
Description: The Index is designed to provide access to a diversified portfolio of small, mid and large capitalization income producing securities, which are composed of domestic and international dividend-paying stocks, REITs, oil and gas or basic materials MLPs, U.S.-listed preferred securities and an index-based exchange-traded fund that invests in high yield or “junk” bonds. International securities included in the index are U.S.-listed securities of non-U.S. companies, some of which may be located in emerging markets.
- Issuer: First Trust
- Structure: ETF
- Expense Ratio: 0.60%
- ETFdb Category: Diversified Portfolio
- ETF Home Page: MDIV
- Inception: 2012-08-14
- Tax Form: 1099
Summary Data For MDIV
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