Morningstar

First Trust Multi-Asset Diversified Income Index Fund MDIV

Morningstar Medalist Rating
Medalist Rating as of | See First Trust Investment Hub

Morningstar’s Analysis MDIV

Will MDIV outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MDIV’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MDIV management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of MDIV’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Multi-Asset Diversified Income ETF holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings MDIV

More MDIV Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 32.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

First Trust Tactical High Yield ETF

19.37 83M
—

AGNC Investment Corp

1.62 7M
Real Estate

Icahn Enterprises LP Depositary Units Repr Units of LP Interests

1.56 7M
Energy

Mach Natural Resources LP

1.53 7M
Energy

MFA Financial Inc

1.53 7M
Real Estate

TXO Partners LP

1.50 6M
Energy

Annaly Capital Management Inc

1.49 6M
Real Estate

PennyMac Mortgage Investment Trust

1.43 6M
Real Estate

Rithm Capital Corp

1.18 5M
Real Estate

CrossAmerica Partners LP

1.11 5M
Energy

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