Expense Ratio History

MDIV expense ratio history

Multi-Asset Diversified Income Index Fund

Fund company
First Trust
Type
Index mutual fund

0.83%

In basis points
83 basis points
Yearly cost per $10,000
$83
Prospectus dated
2 February 2026, filed with the SEC; rounded to 0.01%
Last change
Cut from 0.87% on 2 February 2026

Fee over time

MDIV expense ratio: 0.62% until 17 Nov 2015, then 0.80%; 0.80% until 1 Feb 2017, then 0.79%; 0.79% until 1 Feb 2018, then 0.82%; 0.82% until 1 Feb 2019, then 0.83%; 0.83% until 3 Feb 2020, then 0.85%; 0.85% until 1 Feb 2021, then 0.81%; 0.81% until 1 Feb 2023, then 0.84%; 0.84% until 1 Feb 2024, then 0.80%; 0.80% until 3 Feb 2025, then 0.87%; 0.87% until 2 Feb 2026, then 0.83%; read at 0.83% on 2 Feb 2026.0.00%0.50%1.00%1.50%Jan 2013Apr 2015Jul 2017Oct 2019Jan 2022Apr 20240.62% before0.83% from 2 Feb 2026
MDIV expense ratio: 0.62% until 17 Nov 2015, then 0.80%; 0.80% until 1 Feb 2017, then 0.79%; 0.79% until 1 Feb 2018, then 0.82%; 0.82% until 1 Feb 2019, then 0.83%; 0.83% until 3 Feb 2020, then 0.85%; 0.85% until 1 Feb 2021, then 0.81%; 0.81% until 1 Feb 2023, then 0.84%; 0.84% until 1 Feb 2024, then 0.80%; 0.80% until 3 Feb 2025, then 0.87%; 0.87% until 2 Feb 2026, then 0.83%; read at 0.83% on 2 Feb 2026.0.00%0.50%1.00%1.50%Jan 2013Jun 2017Nov 20210.62% before0.83% from 2 Feb 2026
Solid line: the fee in effect after each recorded change. Dashed: the fee before it. Dots: prospectuses filed with the SEC and dates we read the fee from a source.

Every figure we've recorded

DateFeeWhat happened
2 Feb 2026 0.83% In the prospectusTotal annual fund operating expenses in the prospectus dated 2026-02-02 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
2 Feb 2026 0.83% Cut from 0.87% to 0.83%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2026-01-28
3 Feb 2025 0.87% In the prospectusTotal annual fund operating expenses in the prospectus dated 2025-02-03 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
3 Feb 2025 0.87% Raised from 0.80% to 0.87%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2025-01-28
1 Feb 2024 0.80% In the prospectusTotal annual fund operating expenses in the prospectus dated 2024-02-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 Feb 2024 0.80% Cut from 0.84% to 0.80%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2024-02-01
1 Feb 2023 0.84% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-02-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 Feb 2023 0.84% Raised from 0.81% to 0.84%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2023-02-01
1 Feb 2022 0.81% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-02-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Feb 2021 0.81% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-02-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Feb 2021 0.81% Cut from 0.85% to 0.81%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2021-01-28
3 Feb 2020 0.85% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-02-03 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
3 Feb 2020 0.85% Raised from 0.83% to 0.85%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2020-02-10
15 Nov 2019 0.83% In the prospectusTotal annual fund operating expenses in the prospectus dated 2019-11-15 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 Feb 2019 0.83% In the prospectusTotal annual fund operating expenses in the prospectus dated 2019-02-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Feb 2019 0.83% Raised from 0.82% to 0.83%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2019-02-08
1 Feb 2018 0.82% In the prospectusTotal annual fund operating expenses in the prospectus dated 2018-02-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Feb 2018 0.82% Raised from 0.79% to 0.82%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2018-02-06
22 May 2017 0.79% In the prospectusTotal annual fund operating expenses in the prospectus dated 2017-05-22 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 Feb 2017 0.79% In the prospectusTotal annual fund operating expenses in the prospectus dated 2017-02-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Feb 2017 0.79% Cut from 0.80% to 0.79%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2017-02-10
1 Feb 2016 0.80% In the prospectusTotal annual fund operating expenses in the prospectus dated 2016-02-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
17 Nov 2015 0.80% In the prospectusTotal annual fund operating expenses in the prospectus dated 2015-11-17 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
17 Nov 2015 0.80% Raised from 0.62% to 0.80%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2015-11-19
31 Jan 2013 0.62% In the prospectusTotal annual fund operating expenses in the prospectus dated 2013-01-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS

What this fee costs

Change the amount, years or return. The estimate keeps the fee at 0.83% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$1,029 in fees over 10 years

After fees, $10,000 grows to $15,016.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$85
3 years$266
5 years$462
10 years$1,029

How we read this figure

The figure is the total annual fund operating expenses line of the fee table in the fund's prospectus, as tagged in the fund company's filing with the SEC. The SEC publishes these figures rounded to four decimal places, so 0.015% appears as 0.02%. The fund company's own page may show a more precise number.

SEC filings give 15 prospectuses for this share class since 2013. Each one is listed above with a link to the filing.

How we read fees

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