First Trust Multi-Asset Diversified Income… (MDIV) Holdings
MDIV holdings summary
as of Oct 25, 2026- Holdings
- 116 positions listed
- Top 10 weight
- 32.8% of net assets
- Effective holdings
- 18 equal-weight equivalent
- Largest holding
- HYLS 20.87% First Trust Tactical High Yield ETF
- Annual turnover
- 78.4% of the portfolio traded
Top 1032.8%
Top 2546.9%
Top 5065.2%
Top 10089.0%
All MDIV holdings
116 holdings
| # | Name | ||||||
|---|---|---|---|---|---|---|---|
| 1 | HYLS | First Trust Tactical High Yield ETF | Other | 20.87% | $86.7M | — | — |
| 2 | IEP | Icahn Enterprises L.P. | Energy | 1.50% | $6.3M | $4.73B | — |
| 3 | KRP | Kimbell Royalty Partners, LP | Energy | 1.38% | $5.7M | $2.09B | 19.2 |
| 4 | AAYA | ANNALY CAP.MGMT DL -01 | Other | 1.36% | $5.7M | — | — |
| 5 | AGNC | AGNC Investment Corp. | Real Estate | 1.35% | $5.6M | $10.34B | 4.4 |
| 6 | ARR | ARMOUR Residential REIT, Inc. | Real Estate | 1.34% | $5.6M | $1.87B | 3.3 |
| 7 | NRZ | New Residential Investment Corp | Financial | 1.29% | $5.4M | — | — |
| 8 | RITM | Rithm Capital Corp. | Real Estate | 1.29% | $5.3M | $4.84B | 14.4 |
| 9 | TXO | MorningStar Partners, L.P. | Energy | 1.25% | $5.2M | $788.4M | — |
| 10 | DMLP | Dorchester Minerals, L.P. | Energy | 1.20% | $5.0M | $1.49B | 17.4 |
| 11 | ARLP | Alliance Resource Partners, L.P. | Energy | 1.13% | $4.7M | $3.31B | 12.6 |
| 12 | CAPL | CrossAmerica Partners LP | Energy | 1.08% | $4.5M | $827.6M | 15.8 |
| 13 | WES | Western Midstream Partners, LP | Energy | 1.06% | $4.4M | $18.44B | 14.1 |
| 14 | C-PN | Citigroup Capital XIII TR PFD SECS | Other | 0.97% | $4.0M | — | — |
| 15 | GLPI | Gaming and Leisure Properties, Inc. | Real Estate | 0.93% | $3.9M | $11.76B | 11.5 |
| 16 | BSM | Black Stone Minerals, L.P. | Energy | 0.92% | $3.8M | $3.20B | 12.5 |
| 17 | VICI | VICI Properties Inc. | Real Estate | 0.91% | $3.8M | $25.99B | 9.2 |
| 18 | AGNC | AGNC Investment Corp. | Real Estate | 0.91% | $3.8M | $10.34B | 4.4 |
| 19 | USAC | USA Compression Partners, LP | Energy | 0.91% | $3.8M | $3.70B | 24.1 |
| 20 | APLE | Apple Hospitality REIT, Inc. | Real Estate | 0.90% | $3.8M | $4.03B | 23.0 |
| 21 | AGNCP_old | American Capital Agency Corp. | Real Estate | 0.89% | $3.7M | — | — |
| 22 | DKL | Delek Logistics Partners, LP | Energy | 0.88% | $3.6M | $3.32B | 19.9 |
| 23 | NLY | Annaly Capital Management, Inc. | Real Estate | 0.87% | $3.6M | $13.74B | 4.5 |
| 24 | AGNC | AGNC Investment Corp. | Real Estate | 0.86% | $3.6M | $10.34B | 4.4 |
| 25 | RITM | Rithm Capital Corp. | Real Estate | 0.86% | $3.6M | $4.84B | 14.4 |
| 26 | MPLX | MPLX LP | Energy | 0.84% | $3.5M | $59.02B | 12.5 |
| 27 | AQNB | Algonquin Power Utilities Corp | Real Estate | 0.83% | $3.4M | — | — |
| 28 | FITB | Fifth Third Bancorp | Financial Services | 0.80% | $3.3M | $45.68B | 17.0 |
| 29 | CHSCO | CHS Inc CO Pref | Consumer Defensive | 0.78% | $3.3M | — | — |
| 30 | PAA | Plains All American Pipeline, L.P. | Energy | 0.78% | $3.2M | $17.82B | 21.8 |
| 31 | EPR | EPR Properties | Real Estate | 0.78% | $3.2M | $4.27B | 17.9 |
| 32 | BANC | Banc of California, Inc. | Financial Services | 0.78% | $3.2M | $2.72B | — |
| 33 | JXN | Jackson Financial Inc. | Financial Services | 0.75% | $3.1M | $8.84B | 143.5 |
| 34 | ALL | The Allstate Corporation | Real Estate | 0.75% | $3.1M | $62.68B | 5.0 |
| 35 | CHSCL | CHS Inc CL Pref | Consumer Defensive | 0.75% | $3.1M | — | — |
| 36 | FCPT | Four Corners Property Trust, Inc. | Real Estate | 0.74% | $3.1M | $2.41B | 20.0 |
| 37 | OHI | Omega Healthcare Investors, Inc. | Real Estate | 0.73% | $3.0M | $14.39B | 16.3 |
| 38 | PFE | Pfizer Inc. | Healthcare | 0.71% | $3.0M | $168.60B | 38.9 |
| 39 | ATHS | Athene Holding Ltd. 7.250% Fixed | Other | 0.71% | $3.0M | — | — |
| 40 | APO | Apollo Global Management, Inc. | Financial Services | 0.71% | $3.0M | $65.42B | 39.7 |
| 41 | PAGP | Plains GP Holdings, L.P. | Energy | 0.71% | $2.9M | $6.40B | 62.4 |
| 42 | CUBE | CubeSmart | Real Estate | 0.70% | $2.9M | $8.83B | 26.7 |
| 43 | RZC | 7.125% Fixed-Rate Reset Subordinated Debentures due 2052 | Other | 0.70% | $2.9M | — | — |
| 44 | GLP | Global Partners LP | Energy | 0.70% | $2.9M | $1.68B | 10.1 |
| 45 | HESM | Hess Midstream LP | Energy | 0.70% | $2.9M | $6.32B | 10.6 |
| 46 | CHSCN | CHS Inc CN Pref | Consumer Defensive | 0.70% | $2.9M | — | — |
| 47 | GTY | Getty Realty Corp. | Real Estate | 0.69% | $2.9M | $1.76B | 17.2 |
| 48 | MO | Altria Group, Inc. | Consumer Defensive | 0.69% | $2.9M | $125.41B | 15.8 |
| 49 | MS | Morgan Stanley | Financial Services | 0.67% | $2.8M | $283.60B | 14.3 |
| 50 | WPC | W. P. Carey Inc. | Real Estate | 0.66% | $2.7M | $14.84B | 22.3 |
| 51 | MS | Morgan Stanley | Financial Services | 0.65% | $2.7M | $283.60B | 14.3 |
| 52 | NNN | NNN REIT Inc | Real Estate | 0.64% | $2.7M | $7.97B | 20.6 |
| 53 | REXR | Rexford Industrial Realty, Inc. | Real Estate | 0.64% | $2.7M | $8.42B | — |
| 54 | EPD | Enterprise Products Partners L.P. | Energy | 0.63% | $2.6M | $79.51B | 12.8 |
| 55 | KHC | The Kraft Heinz Company | Consumer Defensive | 0.63% | $2.6M | $28.08B | — |
| 56 | NHI | National Health Investors, Inc. | Real Estate | 0.61% | $2.5M | $3.26B | 19.2 |
| 57 | LAMR | Lamar Advertising Company | Real Estate | 0.61% | $2.5M | $15.24B | 27.4 |
| 58 | VNOM | Viper Energy Partners LP | Energy | 0.61% | $2.5M | $16.17B | — |
| 59 | EXR | Extra Space Storage Inc. | Real Estate | 0.59% | $2.5M | $30.81B | 30.8 |
| 60 | SUN | Sunoco LP | Energy | 0.59% | $2.4M | $13.80B | 16.2 |
| 61 | GIS | General Mills, Inc. | Consumer Defensive | 0.58% | $2.4M | $17.71B | — |
| 62 | AMT | American Tower Corporation | Real Estate | 0.58% | $2.4M | $86.33B | 25.5 |
| 63 | KIM | Kimco Realty Corporation | Real Estate | 0.56% | $2.3M | $15.37B | 27.0 |
| 64 | PSA | Public Storage | Real Estate | 0.55% | $2.3M | $55.74B | 28.5 |
| 65 | VZ | Verizon Communications Inc. | Communication Services | 0.54% | $2.2M | $186.09B | 11.7 |
| 66 | NWBI | Northwest Bancshares, Inc. | Financial Services | 0.54% | $2.2M | $2.19B | 14.4 |
| 67 | REG | Regency Centers Corporation | Real Estate | 0.52% | $2.1M | $13.69B | 24.7 |
| 68 | CQP | Cheniere Energy Partners, L.P. | Energy | 0.51% | $2.1M | $30.77B | 12.0 |
| 69 | STAG | STAG Industrial, Inc. | Real Estate | 0.51% | $2.1M | $7.05B | 27.6 |
| 70 | EIX | Edison International | Utilities | 0.51% | $2.1M | $21.52B | 5.8 |
| 71 | BRX | Brixmor Property Group Inc. | Real Estate | 0.50% | $2.1M | $8.49B | 19.8 |
| 72 | AVA | Avista Corporation | Utilities | 0.50% | $2.1M | $3.07B | 13.2 |
| 73 | EPRT | Essential Properties Realty Trust, Inc. | Real Estate | 0.49% | $2.1M | $5.66B | 20.2 |
| 74 | KMB | Kimberly-Clark Corporation | Consumer Defensive | 0.49% | $2.0M | $35.11B | 20.8 |
| 75 | FIBK | First Interstate BancSystem, Inc. | Financial Services | 0.48% | $2.0M | $3.32B | 10.8 |
| 76 | PRU | Prudential Financial, Inc. | Financial Services | 0.46% | $1.9M | $39.99B | 10.5 |
| 77 | TROW | T. Rowe Price Group, Inc. | Financial Services | 0.44% | $1.8M | $21.54B | 10.1 |
| 78 | BKH | Black Hills Corporation | Utilities | 0.43% | $1.8M | $5.84B | 19.3 |
| 79 | UGI | UGI Corporation | Utilities | 0.42% | $1.7M | $8.24B | 12.8 |
| 80 | T | AT&T Inc. | Communication Services | 0.42% | $1.7M | $160.62B | 7.7 |
| 81 | SR | Spire Inc. | Utilities | 0.40% | $1.7M | $4.85B | 23.8 |
| 82 | OGE | OGE Energy Corp. | Utilities | 0.40% | $1.6M | $9.82B | 20.9 |
| 83 | ES | Eversource Energy | Utilities | 0.39% | $1.6M | $25.18B | 17.3 |
| 84 | FE | FirstEnergy Corp. | Utilities | 0.39% | $1.6M | $26.73B | 24.6 |
| 85 | PEP | PepsiCo, Inc. | Consumer Defensive | 0.39% | $1.6M | $179.19B | 16.5 |
| 86 | NWN | Northwest Natural Holding Company | Utilities | 0.39% | $1.6M | $2.06B | 16.3 |
| 87 | HOPE | Hope Bancorp, Inc. | Financial Services | 0.39% | $1.6M | $1.72B | 13.0 |
| 88 | FHB | First Hawaiian, Inc. | Financial Services | 0.38% | $1.6M | $3.04B | 10.8 |
| 89 | HON | Honeywell International Inc. | Industrials | 0.38% | $1.6M | $67.00B | 7.8 |
| 90 | MAIN | Main Street Capital Corporation | Financial Services | 0.38% | $1.6M | $5.03B | 10.8 |
| 91 | TSN | Tyson Foods, Inc. | Consumer Defensive | 0.37% | $1.6M | $19.31B | 33.9 |
| 92 | CVX | Chevron Corporation | Energy | 0.37% | $1.5M | $441.34B | 21.2 |
| 93 | PNW | Pinnacle West Capital Corporation | Utilities | 0.37% | $1.5M | $12.53B | 19.9 |
| 94 | PEBO | Peoples Bancorp Inc. | Financial Services | 0.37% | $1.5M | $1.32B | 11.1 |
| 95 | PFS | Provident Financial Services, Inc. | Financial Services | 0.37% | $1.5M | $2.90B | 9.3 |
| 96 | TFC | Truist Financial Corporation | Financial Services | 0.37% | $1.5M | $57.50B | 10.8 |
| 97 | REYN | Reynolds Consumer Products Inc. | Consumer Cyclical | 0.37% | $1.5M | $4.81B | 13.9 |
| 98 | OZK | Bank OZK | Financial Services | 0.36% | $1.5M | $5.03B | 7.6 |
| 99 | CFFN | Capitol Federal Financial, Inc. | Financial Services | 0.36% | $1.5M | $1.01B | 12.6 |
| 100 | NRP | Natural Resource Partners L.P. | Energy | 0.36% | $1.5M | $1.47B | 14.3 |
| 101 | DUK | Duke Energy Corporation | Utilities | 0.36% | $1.5M | $94.71B | 18.3 |
| 102 | BHLB | Berkshire Hills Bancorp Inc | Financial Services | 0.35% | $1.5M | — | — |
| 103 | BEN | Franklin Resources, Inc. | Financial Services | 0.35% | $1.5M | $15.74B | 21.1 |
| 104 | EXC | Exelon Corporation | Utilities | 0.35% | $1.4M | $44.82B | 16.0 |
| 105 | CVBF | CVB Financial Corp. | Financial Services | 0.35% | $1.4M | $3.85B | 15.3 |
| 106 | BMY | Bristol-Myers Squibb Company | Healthcare | 0.35% | $1.4M | $122.05B | 13.2 |
| 107 | KEY | KeyCorp | Financial Services | 0.34% | $1.4M | $21.33B | 11.6 |
| 108 | WEC | WEC Energy Group, Inc. | Utilities | 0.34% | $1.4M | $35.42B | 21.1 |
| 109 | WSBC | WesBanco, Inc. | Financial Services | 0.34% | $1.4M | $3.57B | 10.7 |
| 110 | OGS | ONE Gas, Inc. | Utilities | 0.34% | $1.4M | $4.75B | 16.3 |
| 111 | FNF | Fidelity National Financial, Inc. | Financial Services | 0.34% | $1.4M | $10.74B | 13.9 |
| 112 | RF | Regions Financial Corporation | Financial Services | 0.33% | $1.4M | $23.39B | 11.2 |
| 113 | BOH | Bank of Hawaii Corporation | Financial Services | 0.33% | $1.4M | $2.65B | 12.5 |
| 114 | HBAN | Huntington Bancshares Incorporated | Financial Services | 0.33% | $1.4M | $30.85B | 11.7 |
| 115 | FRME | First Merchants Corporation | Financial Services | 0.32% | $1.3M | $2.49B | 12.7 |
| 116 | NMM | Navios Maritime Partners LP Unit | Industrials | 0.03% | $121,320.30 | — | — |
Weights as a percentage of net assets. Value held = weight × net assets ($415.5M). Market cap and P/E from each company's latest fundamentals (U.S.-listed stocks).
MDIV sector breakdown
| Sector | Weight | Holdings | Largest |
|---|---|---|---|
| Other | 24.6% | 5 | HYLS, AAYA, C-PN |
| Real Estate | 23.8% | 31 | AGNC, ARR, RITM |
| Energy | 18.1% | 21 | IEP, KRP, TXO |
| Financial Services | 12.7% | 28 | FITB, BANC, JXN |
| Utilities | 5.6% | 14 | EIX, AVA, BKH |
| Consumer Defensive | 5.4% | 9 | CHSCO, CHSCL, CHSCN |
| Financial | 1.3% | 1 | NRZ |
| Healthcare | 1.1% | 2 | PFE, BMY |
| Communication Services | 1.0% | 2 | VZ, T |
| Industrials | 0.4% | 2 | HON, NMM |
| Consumer Cyclical | 0.4% | 1 | REYN |
Sum of the weights of the holdings in each sector.
MDIV top industries
Banks - Regional
7.9%
REIT - Mortgage
7.5%
Oil & Gas Midstream
6.5%
Oil & Gas E&P
4.7%
REIT - Retail
4.1%
Oil & Gas Refining & Marketing
4.0%
Utilities - Regulated Electric
3.1%
REIT - Industrial
3.0%
REIT - Specialty
2.9%
Farm Products
2.6%
Utilities - Regulated Gas
2.0%
Asset Management
1.9%
REIT - Residential
1.6%
REIT - Diversified
1.6%
Thermal Coal
1.5%
MDIV overlap with other ETFs
| ETF | Fund | Overlap | Shared holdings | Expense ratio |
|---|---|---|---|---|
| SPY | SPDR S&P 500 ETF | 3.6% | 36 of 502 | 0.09% |
| VTI | Vanguard Total Stock Market ETF | 3.5% | 80 of 2,941 | 0.03% |
| IWM | iShares Russell 2000 ETF | 2.7% | 23 of 1,962 | 0.19% |
| QQQ | Invesco QQQ ETF | 0.9% | 3 of 101 | 0.17% |
| DIA | SPDR Dow Jones Industrial Average ETF | 0.8% | 2 of 30 | 0.16% |
| VXUS | Vanguard Total International Stock ETF | 0.4% | 12 of 8,035 | 0.05% |
Overlap = sum over shared holdings of the smaller of the two weights. 100% means identical portfolios.
About the MDIV portfolio
First Trust Multi-Asset Diversified Income… holds 116 positions. The ten largest make up 32.8% of the fund and the top 50 65.2%, so it behaves like a portfolio of about 18 equally weighted stocks. The biggest positions are First Trust Tactical High Yield ETF (20.87%), Icahn Enterprises L.P. (1.50%), Kimbell Royalty Partners, LP (1.38%), ANNALY CAP.MGMT DL -01 (1.36%), AGNC Investment Corp. (1.35%).
Holdings data is from the fund's latest portfolio as reported by EODHD on October 25, 2026; positions change as the fund rebalances.
Related: MDIV chart, MDIV performance, MDIV dividends, MDIV bond profile, MDIV overview.
MDIV holdings FAQ
How many holdings does MDIV have?
MDIV holds 116 positions as of October 25, 2026.
What are the top 10 holdings of MDIV?
The ten largest holdings are First Trust Tactical High Yield ETF (20.87%), Icahn Enterprises L.P. (1.50%), Kimbell Royalty Partners, LP (1.38%), ANNALY CAP.MGMT DL -01 (1.36%), AGNC Investment Corp. (1.35%), ARMOUR Residential REIT, Inc. (1.34%), New Residential Investment Corp (1.29%), Rithm Capital Corp. (1.29%), MorningStar Partners, L.P. (1.25%), Dorchester Minerals, L.P. (1.20%). Together they are 32.8% of the fund.
What percentage of MDIV is First Trust Tactical High Yield ETF?
First Trust Tactical High Yield ETF is the largest holding at 20.87% of net assets, about $86.7M of the fund's $415.5M.
How concentrated is MDIV?
The top 10 holdings are 32.8% of the fund. By the effective number of holdings (1 divided by the sum of squared weights) MDIV behaves like a portfolio of about 18 equally weighted stocks.