NASDAQ:MDIV
Multi-Asset Diversified Income Index ETF Company Profile
$15.77
+0.0457 (+0.291%)
At Close: May 03, 2024
Information
800-621-1675
Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the NASDAQ Multi-Asset Diversified Income Index(SM). The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and/or depositary receipts (20%),real estate investment trusts ("REITs") (20%), preferred securities (20%),master limited partnerships ("MLPs") (20%) and an exchange-traded fund ("ETF")(20%) that comprise the index (each, an "Index Segment").