In fact, HYG is the top holding at the moment by a wide margin, carrying a 14.27% weighting versus the next largest holding NLY (1.68%), and the ETF holds 123 individual positions at the moment. Even being rather new to the marketplace, MDIV has reeled in north of $248 million in assets, reflective of the appetite of portfolio managers for above average yield in the marketplace.
First Trust Multi-Asset Diversified Income
For more information on Street One ETF research and ETF trade execution/liquidity services, contact Paul Weisbruch at [email protected].