MDIV is First Trust's Multi-Asset Diversified Income Index Fund (Aggressive Allocation). Trading at $16.65. Current dividend yield: 6.13%.
Dividend snapshot
| Annual dividend rate | $1.04 |
| Current yield | 6.13% |
| Payment frequency | Monthly |
| Next ex-dividend date | May 21, 2026 |
| Most recent payment date | May 29, 2026 |
| Last payment amount | $0.1321 |
| 5-year dividend CAGR | 2.57% |
| 3-year dividend CAGR | 0.73% |
| Expense ratio | 0.71% |
| Payout ratio | 0% |
| Market cap | $417M |
| Exchange | NGM |
Recent dividend payments
| Date | Amount / share |
|---|---|
| 2026-05-21 | $0.1320 |
| 2026-04-21 | $0.0520 |
| 2026-03-26 | $0.1340 |
| 2026-02-20 | $0.0770 |
| 2026-01-21 | $0.0600 |
| 2025-12-12 | $0.0810 |
| 2025-11-21 | $0.1110 |
| 2025-10-21 | $0.0700 |
About MDIV
The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and/or depositary receipts, REITs, preferred securities, MLPs and ETF that comprise the index. The index is designed to provide exposure to five asset segments, each selected to result in a consistent and high yield for the index. These five asset segments are: equity securities, REITs, preferred securities, MLPs and high yield corporate bonds.
Track MDIV in DiviDrip
Add MDIV to your portfolio on DiviDrip to track every buy, DRIP reinvestment, and dividend payment in one place. Free, no credit card, no upsell — built by dividend investors, for dividend investors.
- Open DiviDrip — search MDIV and add your shares.
- View the MDIV Dividend Triangle — see Revenue × EPS × Dividend growth at a glance.
- Stock Screener — find more dividend payers like MDIV.
- DiviDrip Learn — free guides on DRIP, dividend tiers, ETF comparisons.
Data refreshed 2026-05-24. Not investment advice. Yields and prices change continuously; always verify the latest numbers in the live app before buying.