Stay Informed with Exclusive Advisor Access See More

SIGN UP NOW

Already registered?
Login now.

FlexShares Quality Dividend Defensive Index Fund

QDEF seeks to provide exposure to the long-term growth potential of U.S. securities while providing dividend payments. It is intended as a core stock market option that also helps investors try to meet their income needs. The strategy applies a proprietary scoring model approach that determines a "quality factor" and an optimization process that seeks to maximize this factor, target a beta lower than the Parent Index (Northern Trust 1250) and improve on the Parent Index's dividend yield. If occurring, dividends from net investment income are generally declared and paid quarterly. Distributions of net realized securities gains, if any, are generally declared and paid once a year, but the Fund may make such distributions on a more frequent basis.

Spotlight on QDEF

Fund Facts

as of 08/29/2014
Inception12/14/2012
CUSIP33939L845
Total Net Assets$ 72,735,307.12
Shares Outstanding2,100,001
# of Holdings208
Gross Expense Ratio.38%
Net Expense Ratio*.37%
Index ProviderNORTHERN TRUST
Primary ExchangeNYSE
Options AvailableN
MarginableY
Derivative UseY
Securities LendingN
*NTI has contractually agreed to reimburse the fees and expenses of the Fund’s independent trustees and independent legal counsel until March 1, 2015.

Tickers

ETF TickerQDEF
Related IndexNTUQDDF
NAVQDEF.NV
IOPVQDEF.IV
Shares OutstandingQDEF.SO
Estimated CashQDEF.EU
Total CashQDEF.TC

Fund Characteristics

 as of 08/29/2014
SEC Subsidized Yield* (as of 07/31/2014)2.84%
SEC Unsubsidized Yield**
 (as of 07/31/2014)
2.84%
Distribution Yield***3.00%
12-Month Dividend Yield****2.85%
Weighted Average Dividend Yield*****3.25%
Weighted Average Market Cap97,487,416,229.70
Weighted Average Beta.89
Price to Earnings (as of 07/31/2014)19.34
Price to Book  (as of 07/31/2014)4.32
Price to Cash Flow  (as of 07/31/2014)12.33
Price to Sales  (as of 07/31/2014)2.25
View Standardized Performance
*SEC Subsidized Yield
The 30-Day SEC Subsidized Yield is computed under an SEC standardized formula based on net income earned over the past 30 days. It is a "subsidized" yield, which means it includes contractual expense reimbursements and it would be lower without those reimbursements. It may also include an inflation adjustment that can cause the yield to vary substantially from one month to the next.
**SEC Unsubsidized Yield
The 30-Day SEC Unsubsidized Yield calculation is also computed under the same SEC standardized formula based on net income earned over the past 30 days, but excludes contractual expense reimbursements, resulting in a lower yield. It may also include an inflation adjustment that can cause the yield to vary substantially from one month to the next.
***Distribution Yield
This yield is calculated by taking the most recent distribution annualized and dividing by the fund NAV from the as of date. For Funds that distribute quarterly, an NA will be displayed if the fund has not distributed within the last 95 days.
****Dividend Yield
For an equity security, dividend yield is calculated using the (expected) annual dividend divided by the most recent closing price. To calculate annual dividend, we utilize the most recent dividend payment and multiply that payment by the expected frequency over a year. For example, if the most recent dividend for a company is $2.50 and dividends are expected to be paid quarterly (4 dividend payments/year), the annual expected dividend would be calculated as $2.50 x 4 dividend payments/year, or $10.
*****Weighted Average Dividend Yield
For a portfolio of equities, this is the sum of the dividend yield of the underlying securities weighed by its market value with respect to the total market value of the portfolio.

Market Cap (%)

as of 08/29/2014
Large-Cap78.29
Mid-Cap21.13
Micro-Cap.58
Total100.00

Style (%)

as of 08/29/2014
Value61.24
Core30.19
Growth8.57
Total100.00

SECTOR ALLOCATIONS

Sector Allocations

Performance information presented on this website is historical, and is not indicative of future results. Investment returns and principal may vary, and at the time of sale an investment may be worth more or worth less than its original value. For most recent month end performance please call 1-855-353-9383 (1-855-FlexETF). All performance figures assume reinvestment of dividend and capital gains at net asset value; actual returns may differ. Performance 1-year and less are cumulative; performance over 1-year are average annualized total returns. The fund inception date is generally several days prior to when the fund begins trading. NAV prices are used to calculate market price performance prior to 12/19/2012, when the fund first traded on the New York Stock Exchange. Market performance is determined using the bid/ask midpoint at 4:00pm Eastern time, when the NAV is typically calculated. They do not represent the returns you would receive if you traded shares at other times. Index performance does not represent FlexShares fund performance. It is not possible to invest directly in an index.

Month End Performance (%)

as of 07/31/2014
 1 MonthQTDYTD1 YearSince Inception
12/14/2012
Market Price-1.88-1.884.8012.3722.34
NAV-1.97-1.974.6412.2022.25
Northern Trust Quality Dividend Defensive Index (NTUQDDFT)-1.95-1.955.2712.9022.87
Dow Jones US Select Dividend Index (DJDVY)-4.23-4.235.2213.0021.09

Quarter End Performance (%)

as of 06/30/2014
 1 MonthQTDYTD1 YearSince Inception
12/14/2012
Market Price1.514.736.8120.5125.24
NAV1.514.766.7520.4725.22
Northern Trust Quality Dividend Defensive Index (NTUQDDFT)1.505.187.3621.1625.87
Dow Jones US Select Dividend Index (DJDVY)2.985.909.8624.5425.85
Performance information presented on this website is historical, and is not indicative of future results. Investment returns and principal may vary, and at the time of sale an investment may be worth more or worth less than its original value. For most recent month end performance please call 1-855-353-9383 (1-855-FlexETF). All performance figures assume reinvestment of dividend and capital gains at net asset value; actual returns may differ. Performance 1-year and less are cumulative; performance over 1-year are average annualized total returns. The fund inception date is generally several days prior to when the fund begins trading. NAV prices are used to calculate market price performance prior to 12/19/2012, when the fund first traded on the New York Stock Exchange. Market performance is determined using the bid/ask midpoint at 4:00pm Eastern time, when the NAV is typically calculated. They do not represent the returns you would receive if you traded shares at other times. Index performance does not represent FlexShares fund performance. It is not possible to invest directly in an index.

Expense Ratios

as of 08/29/2014
Gross Expense Ratio.38%
Net Expense Ratio*.37%
*NTI has contractually agreed to reimburse the fees and expenses of the Fund’s independent trustees and independent legal counsel until March 1, 2015.


Definitions

  • Net Asset Value (NAV)
    NAV is a fund’s price per share, which is calculated by dividing the total value of all the securities in the fund’s portfolio plus cash, interest and receivables less any liabilities by the number of fund shares outstanding.
  • Market Price
    Because ETFs trade like stocks, ETF shares trade at market value on the secondary market, which can be a dollar value above (trading at a premium) or below (trading at a discount) the fund’s NAV.

Market Price

as of 08/29/2014
Price$34.53
Price $ Change$ .00
Price % Change .00%
Avg Bid/Ask Spread$.10
Bid/Ask Midpoint$34.62
Closing Bid Price$34.58
Closing Ask Price$34.65

Trading

as of 08/29/2014
52-Week High$34.75
52-Week Low$29.20
Premium/Discount$-.02
Daily Trading Volume (Shares)9
Average Trading Volume (Shares)7,540
Shares Outstanding2,100,001

NAV Price

as of 08/29/2014
Price$34.64
Price $ Change$.10
Price % Change.29%

TOP TEN HOLDINGS

as of 08/29/2014
NameTickerFund
Weight %
SectorMarket CapCountry
EXXON MOBIL CORP COMMON STOCK USD 0XOM4.4889EnergyLarge-CapUnited States
MERCK & CO INC COMMON STOCK USD 0.5MRK3.3702Health CareLarge-CapUnited States
PFIZER INC USD0.05PFE3.1311Health CareLarge-CapUnited States
APPLE INC COMMON STOCK USD 0.00001AAPL2.5598Information TechnologyLarge-CapUnited States
WELLS FARGO & CO COM STK USD1 2/3WFC2.2216FinancialsLarge-CapUnited States
CONOCOPHILLIPS USD0.01COP2.2192EnergyLarge-CapUnited States
ALTRIA GROUP INC USD0.333MO2.1005Consumer StaplesLarge-CapUnited States
CHEVRON CORP COMMON STOCK USD 0.75CVX1.7685EnergyLarge-CapUnited States
GENERAL ELECTRIC CO. USD0.06GE1.5885IndustrialsLarge-CapUnited States
UNITED PARCEL SERVICE INC USD0.01 BUPS1.5781IndustrialsLarge-CapUnited States
HOME DEPOT INC USD0.05HD1.3099Consumer DiscretionaryLarge-CapUnited States
WAL-MART STORES INC USD0.10WMT1.2723Consumer StaplesLarge-CapUnited States
CISCO SYSTEMS INC USD0.001CSCO1.2496Information TechnologyLarge-CapUnited States
LYONDELLBASELL INDUSTRIES NV COMMON STOCK USDLYB1.2338MaterialsLarge-CapUnited States
ACCENTURE PLC COMMON STOCK USD 0.0000225ACN1.2203Information TechnologyLarge-CapUnited States
AT&T INC USD1T1.2067Telecommunication ServicesLarge-CapUnited States
PEPSICO INC CAP STK USD0.0166PEP1.1965Consumer StaplesLarge-CapUnited States
BOEING CO/THE COMMON STOCK USD 5BA1.1365IndustrialsLarge-CapUnited States
TEXAS INSTRUMENTS INC USD1TXN1.0621Information TechnologyLarge-CapUnited States
TARGET CORP USD0.0833TGT1.0489Consumer DiscretionaryLarge-CapUnited States
PHILIP MORRIS INTERNATIONAL INC NPVPM0.8688Consumer StaplesLarge-CapUnited States
DU PONT(E.I.)DE NEMOURS & CO USD0.30DD0.8591MaterialsLarge-CapUnited States
KIMBERLY-CLARK CORP USD1.25KMB0.7925Consumer StaplesLarge-CapUnited States
MCDONALD'S CORP USD0.01MCD0.7856Consumer DiscretionaryLarge-CapUnited States
LORILLARD INC USD0.01LO0.7844Consumer StaplesLarge-CapUnited States
HEWLETT-PACKARD CO USD0.01HPQ0.7462Information TechnologyLarge-CapUnited States
FRONTIER COMMUNICATIONS CORP USD0.25 BFTR0.7355Telecommunication ServicesLarge-CapUnited States
BRISTOL-MYERS SQUIBB CO USD0.10BMY0.7331Health CareLarge-CapUnited States
WINDSTREAM HOLDINGS INC USD0.0001WIN0.7322Telecommunication ServicesLarge-CapUnited States
LOCKHEED MARTIN CORP USD1LMT0.7268IndustrialsLarge-CapUnited States
JPMORGAN CHASE & CO COMMON STOCK USD 1JPM0.7104FinancialsLarge-CapUnited States
DR PEPPER SNAPPLE GROUP INC USD0.01DPS0.6880Consumer StaplesLarge-CapUnited States
LILLY(ELI)& CO NPVLLY0.6711Health CareLarge-CapUnited States
NORTHROP GRUMMAN CORP USD1NOC0.6642IndustrialsLarge-CapUnited States
SEAGATE TECHNOLOGY PLC USD0.00001STX0.6625Information TechnologyLarge-CapUnited States
REYNOLDS AMERICAN INC COM STK USD0.0001RAI0.6445Consumer StaplesLarge-CapUnited States
TRAVELERS COS INC/THETRV0.6346FinancialsLarge-CapUnited States
BROADRIDGE FINANCIAL SOL NPVBR0.6342Information TechnologyMid-CapUnited States
HCP INC COM STK USD1HCP0.6083FinancialsLarge-CapUnited States
SYMANTEC CORP USD0.01SYMC0.6064Information TechnologyLarge-CapUnited States
HELMERICH & PAYNE INC USD0.10HP0.6033EnergyLarge-CapUnited States
CARDINAL HEALTH INC NPVCAH0.6007Health CareLarge-CapUnited States
CMS ENERGY CORP USD0.01CMS0.5979UtilitiesLarge-CapUnited States
LEXMARK INTERNATIONAL INC USD0.01 ALXK0.5954Information TechnologyMid-CapUnited States
ENTERGY CORP USD0.01ETR0.5928UtilitiesLarge-CapUnited States
EPR PROPERTIES SBI USD0.01EPR0.5860FinancialsMid-CapUnited States
CLOROX CO USD1CLX0.5859Consumer StaplesLarge-CapUnited States
RPC INC USD0.10RES0.5852EnergyMid-CapUnited States
AGL RESOURCES USD5GAS0.5829UtilitiesLarge-CapUnited States
INTEGRYS ENERGY GROUP INC USD1TEG0.5829UtilitiesMid-CapUnited States
GEO GROUP INC NEW10.5796FinancialsMicro-CapUnited States
PUBLIC SERVICE ENTERPRISE GROUP INC NPVPEG0.5770UtilitiesLarge-CapUnited States
VECTREN CORP COM NPVVVC0.5704UtilitiesMid-CapUnited States
EVEREST RE GROUP USD0.01RE0.5703FinancialsLarge-CapUnited States
WELLPOINT INC COM STK USD0.01WLP0.5644Health CareLarge-CapUnited States
FIDELITY NATIONAL INFO SERVICES INC USD0.01FIS0.5629Information TechnologyLarge-CapUnited States
WESTERN DIGITAL CORP USD0.01WDC0.5617Information TechnologyLarge-CapUnited States
OMEGA HEALTHCARE INVESTORS USD0.10OHI0.5605FinancialsMid-CapUnited States
RAYTHEON CO USD0.01RTN0.5589IndustrialsLarge-CapUnited States
CENTERPOINT ENERGY INC COM STK NPVCNP0.5577UtilitiesLarge-CapUnited States
PARTNERRE USD1PRE0.5540FinancialsMid-CapUnited States
BEST BUY CO INC USD0.10BBY0.5504Consumer DiscretionaryLarge-CapUnited States
ASSURANT INC USD0.01AIZ0.5479FinancialsMid-CapUnited States
ONEOK INC NPVOKE0.5477UtilitiesLarge-CapUnited States
DIGITAL REALTY TRUST INC USD0.01DLR0.5394FinancialsLarge-CapUnited States
SAFEWAY INC USD0.01SWY0.5266Consumer StaplesLarge-CapUnited States
GAMESTOP CORPORATION NEW CLASS 'A' COM USD0.001GME0.5190Consumer DiscretionaryMid-CapUnited States
RENT-A-CENTER INC USD0.01RCII0.5172Consumer DiscretionaryMid-CapUnited States
SENIOR HOUSING PROPERTIES TRUST SHS OF BENEFICIALSNH0.5150FinancialsMid-CapUnited States
WP CAREY INC REIT USD 0.001WPC0.5149FinancialsLarge-CapUnited States
DOMINOS PIZZA INC USD0.01DPZ0.5143Consumer DiscretionaryMid-CapUnited States
ANNALY CAPITAL MANAGEMENT INC USD0.01 ANLY0.4970FinancialsLarge-CapUnited States
SYSCO CORP USD1SYY0.4883Consumer StaplesLarge-CapUnited States
WILLIS GROUP HLDGS PLC ORD SHS USD0.000115WSH0.4784FinancialsLarge-CapUnited States
WESTERN UNION COMPANY (THE) USD0.01WU0.4768Information TechnologyLarge-CapUnited States
OLIN CORP USD1OLN0.4718MaterialsMid-CapUnited States
CABLEVISION SYSTEMS CORP NY GROUP USD0.01CVC0.4698Consumer DiscretionaryMid-CapUnited States
PROASSURANCE CORP COM STK USD0.01PRA0.4637FinancialsMid-CapUnited States
VALIDUS HOLDING LTD USD0.175VR0.4606FinancialsMid-CapUnited States
CVR ENERGY INC USD0.01CVI0.4520EnergyMid-CapUnited States
LEIDOS HOLDINGS INC COMMON STOCK USD 0.0001LDOS0.4510Information TechnologyMid-CapUnited States
OWENS & MINOR INC COM STK USD2OMI0.4500Health CareMid-CapUnited States
LINEAR TECHNOLOGY CORP NPVLLTC0.4488Information TechnologyLarge-CapUnited States
SANTANDER CONSUMER USA HOLDINGS INC COMMON STOCKSC0.4439FinancialsLarge-CapUnited States
BRINKER INTERNATIONAL USD0.10EAT0.4340Consumer DiscretionaryMid-CapUnited States
ERIE INDEMNITY CO NPV AERIE0.4239FinancialsMid-CapUnited States
CONSOLIDATED EDISON INC USD0.10ED0.4164UtilitiesLarge-CapUnited States
TIME WARNER CABLE INC USD0.01TWC0.4162Consumer DiscretionaryLarge-CapUnited States
FEDERATED INVESTORS INC USD0.01 BFII0.4130FinancialsMid-CapUnited States
PITNEY BOWES INC USD1PBI0.3948IndustrialsMid-CapUnited States
HASBRO INC USD0.50HAS0.3818Consumer DiscretionaryLarge-CapUnited States
LEGGETT & PLATT INC COM STK USD0.01LEG0.3807Consumer DiscretionaryMid-CapUnited States
MARSH & MCLENNAN COS INC COM USD1MMC0.3743FinancialsLarge-CapUnited States
INTERNATIONAL BUSINESS MACHINES CORP COMMON STOCKIBM0.3737Information TechnologyLarge-CapUnited States
HOLLYFRONTIER CORP USD0.01HFC0.3700EnergyLarge-CapUnited States
CRACKER BARREL OLD COUNTRY STORE INCCBRL0.3670Consumer DiscretionaryMid-CapUnited States
BOOZ ALLEN HAMILTON HLDG CORP USD0.01BAH0.3564Information TechnologyMid-CapUnited States
SONOCO PRODUCTS CO NPVSON0.3558MaterialsMid-CapUnited States
CA INC USD0.10CA0.3539Information TechnologyLarge-CapUnited States
PINNACLE WEST CAPITAL CORP USD2.50PNW0.3535UtilitiesLarge-CapUnited States
BANK OF HAWAII CORP USD2BOH0.3502FinancialsMid-CapUnited States
CORRECTIONS CORPORATIONS OF AMERICA COM USD0.01CXW0.3480FinancialsMid-CapUnited States
HARRIS CORP USD1HRS0.3375Information TechnologyLarge-CapUnited States
HOSPITALITY PROPERTIES TRUST USD0.01HPT0.3286FinancialsMid-CapUnited States
GENUINE PARTS CO USD1GPC0.3232Consumer DiscretionaryLarge-CapUnited States
STAPLES INC USD0.0006SPLS0.3215Consumer DiscretionaryLarge-CapUnited States
KOHLS CORP USD0.01KSS0.3206Consumer DiscretionaryLarge-CapUnited States
TUPPERWARE BRANDS CORP COM STK USD0.01TUP0.3187Consumer DiscretionaryMid-CapUnited States
FNF GROUP COMMON STOCK USDFNF/WI0.3178FinancialsLarge-CapUnited States
SCOTTS MIRACLE-GRO CO NPV ASMG0.3165MaterialsMid-CapUnited States
COACH INC USD0.01COH0.3162Consumer DiscretionaryLarge-CapUnited States
AMERICAN ELECTRIC POWER CO INC USD6.50AEP0.3162UtilitiesLarge-CapUnited States
AUTOMATIC DATA PROCESSING INC USD0.10ADP0.3148Information TechnologyLarge-CapUnited States
ARCHER DANIELS MIDLAND CO NPVADM0.3138Consumer StaplesLarge-CapUnited States
ABBOTT LABORATORIES NPVABT0.3136Health CareLarge-CapUnited States
BEMIS CO INC USD0.10BMS0.3108MaterialsMid-CapUnited States
ALLIED WORLD ASSURANCE COMPANYHOLDINGS AGAWH0.3079FinancialsMid-CapUnited States
DONNELLEY(R.R.)& SONS CO USD1.25RRD0.3055IndustrialsMid-CapUnited States
BANK OF AMERICA CORP USD0.01BAC0.3010FinancialsLarge-CapUnited States
SPECTRA ENERGY CORP COM USD0.001SE0.2852EnergyLarge-CapUnited States
ORACLE CORP USD0.01ORCL0.2843Information TechnologyLarge-CapUnited States
SCHLUMBERGER LTD COMMON STOCK USD 0.01SLB0.2830EnergyLarge-CapUnited States
CITIGROUP INC COMMON STOCK USD 0.01C0.2801FinancialsLarge-CapUnited States
CENTURYLINK INCCTL0.2782Telecommunication ServicesLarge-CapUnited States
TECO ENERGY INC USD1TE0.2614UtilitiesMid-CapUnited States
SOUTHERN CO USD5SO0.2614UtilitiesLarge-CapUnited States
EXELIS INC USD0.01XLS0.2478IndustrialsMid-CapUnited States
GENERAL MILLS INC USD0.1GIS0.2446Consumer StaplesLarge-CapUnited States
FOOT LOCKER INC USD0.01FL0.2399Consumer DiscretionaryLarge-CapUnited States
KELLOGG CO USD0.25K0.2393Consumer StaplesLarge-CapUnited States
WALT DISNEY(HLDG)CO DISNEY USD0.01DIS0.2372Consumer DiscretionaryLarge-CapUnited States
AMTRUST FINANCIAL SERVICE USD0.01AFSI0.2324FinancialsMid-CapUnited States
QUALCOMM INC USD0.0001QCOM0.2318Information TechnologyLarge-CapUnited States
GANNETT CO INC USD1GCI0.2182Consumer DiscretionaryLarge-CapUnited States
JOHNSON & JOHNSON COMMON STOCK USD 1JNJ0.2140Health CareLarge-CapUnited States
NATIONAL RETAIL PPTYS INC COMNNN0.2133FinancialsMid-CapUnited States
PACKAGING CORP OF AMERICA USD0.01PKG0.2079MaterialsLarge-CapUnited States
DELTA AIR LINES INC USD0.01DAL0.2037IndustrialsLarge-CapUnited States
WISCONSIN ENERGY CORP USD0.01WEC0.2012UtilitiesLarge-CapUnited States
OLD REPUBLIC INTERNATIONAL CORP USD1ORI0.1981FinancialsMid-CapUnited States
MEREDITH CORP USD1MDP0.1932Consumer DiscretionaryMid-CapUnited States
US BANCORP DELAWARE USD0.01USB0.1913FinancialsLarge-CapUnited States
GARMIN LTD CHF0.01GRMN0.1875Consumer DiscretionaryLarge-CapUnited States
CH ROBINSON WORLDWIDE INC COM STK USD0.10CHRW0.1802IndustrialsLarge-CapUnited States
REGAL ENTERTAINMENT GROUP USD0.001 ARGC0.1758Consumer DiscretionaryMid-CapUnited States
DIEBOLD INC USD1.25DBD0.1751Information TechnologyMid-CapUnited States
BLOCK(H & R) INC NPVHRB0.1741Consumer DiscretionaryLarge-CapUnited States
MICROSOFT CORP COMMON STOCK USD 0.00000625MSFT0.1717Information TechnologyLarge-CapUnited States
MFA FINANCIAL INC COM STK USD0.01MFA0.1716FinancialsMid-CapUnited States
PAYCHEX INC USD0.01PAYX0.1691Information TechnologyLarge-CapUnited States
NOBLE CORP PLC COMMON STOCK USD 0.01NE0.1684EnergyLarge-CapUnited States
LANDSTAR SYSTEMS INC USD0.01LSTR0.1650IndustrialsMid-CapUnited States
PEOPLE'S UTD FINL COM STK USD0.01PBCT0.1617FinancialsMid-CapUnited States
CINCINNATI FINANCIAL CORP USD2CINF0.1590FinancialsLarge-CapUnited States
DOW CHEMICAL CO USD2.50DOW0.1586MaterialsLarge-CapUnited States
COCA-COLA CO USD0.25KO0.1573Consumer StaplesLarge-CapUnited States
GREIF INC NPV AGEF0.1570MaterialsMid-CapUnited States
WASTE MANAGEMENT INC USD0.01WM0.1567IndustrialsLarge-CapUnited States
NEW YORK COMMUNITY BANCORP INC USD0.01NYCB0.1554FinancialsLarge-CapUnited States
DELPHI AUTOMOTIVE PLC ORD USD0.01DLPH0.1540Consumer DiscretionaryLarge-CapUnited States
CULLEN FROST BANKERS USD5CFR0.1459FinancialsMid-CapUnited States
MICROCHIP TECHNOLOGY USD0.001MCHP0.1416Information TechnologyLarge-CapUnited States
EMERSON ELECTRIC CO USD0.50EMR0.1386IndustrialsLarge-CapUnited States
WEST CORP USD0.001WSTC0.1368IndustrialsMid-CapUnited States
L-3 COMMUNICATIONS HLDGS INC USD0.01LLL0.1361IndustrialsLarge-CapUnited States
LIBERTY PROPERTY TRUST USD0.001LPT0.1354FinancialsMid-CapUnited States
REPUBLIC SERVICES INC USD0.01RSG0.1346IndustrialsLarge-CapUnited States
GALLAGHER(ARTHUR J.)& CO COM USD1AJG0.1329FinancialsLarge-CapUnited States
COVANTA HOLDING CORP COMMON STOCK USD 0.1CVA0.1321IndustrialsMid-CapUnited States
UMPQUA HOLDINGS CORP USD0.01UMPQ0.1302FinancialsMid-CapUnited States
COMMERCIAL METALS CO USD5CMC0.1279MaterialsMid-CapUnited States
TEEKAY CORP NPVTK0.1250EnergyMid-CapUnited States
IAC/INTERACTIVE CORP COM STK USD0.001IACI0.1231Information TechnologyMid-CapUnited States
VERIZON COMMUNICATIONS INC COMMON STOCK USD 0.1VZ0.1226Telecommunication ServicesLarge-CapUnited States
CHIMERA INVESTMENT CORPORATION USD0.01CIM0.1211FinancialsMid-CapUnited States
HIGHWOODS PROPERTIES INC USD0.01HIW0.1188FinancialsMid-CapUnited States
KRAFT FOODS GROUP INC NPVKRFT0.1179Consumer StaplesLarge-CapUnited States
MERCURY GENERAL CORP NPVMCY0.1159FinancialsMid-CapUnited States
TRUSTMARK CORP NPVTRMK0.1108FinancialsMid-CapUnited States
KAR AUCTION SERVICES INC USD0.01KAR0.1102IndustrialsMid-CapUnited States
FIRST AMERICAN FINANCIAL CORP USD0.00001FAF0.1077FinancialsMid-CapUnited States
MAXIM INTEGRATED PRODUCTS USD0.001MXIM0.1077Information TechnologyLarge-CapUnited States
HEALTH CARE REIT INC USD1HCN0.1058FinancialsLarge-CapUnited States
3M CO USD0.01MMM0.1044IndustrialsLarge-CapUnited States
SLM CORP COM STK USD0.20SLM0.1038FinancialsMid-CapUnited States
L BRANDS INC COMMON STOCK USD 0.5LB0.1007Consumer DiscretionaryLarge-CapUnited States
KLA TENCOR CORP USD0.001KLAC0.1007Information TechnologyLarge-CapUnited States
PIEDMONT OFFICE REALTY TRUST INC CLS A USD0.01PDM0.0993FinancialsMid-CapUnited States
SPIRIT RLTY CAP INC NEW COMSRC0.0980FinancialsMid-CapUnited States
COMCAST CORP COMMON STOCK USD 0.01CMCSA0.0980Consumer DiscretionaryLarge-CapUnited States
OMNICOM GROUP INC USD0.15OMC0.0977Consumer DiscretionaryLarge-CapUnited States
REALTY INCOME CORP USD1O0.0947FinancialsLarge-CapUnited States
UIL HOLDINGS CORP NPVUIL0.0940UtilitiesMid-CapUnited States
AMEREN CORP USD0.01AEE0.0940UtilitiesLarge-CapUnited States
TRANSOCEAN LTD CHF15RIG0.0930EnergyLarge-CapUnited States
WILEY(JOHN)& SONS INC CLASS'A'COM STK USD1JW A0.0715Consumer DiscretionaryMid-CapUnited States
SIX FLAGS ENTMT CORP NEW COMSIX0.0709Consumer DiscretionaryMid-CapUnited States
HAWAIIAN ELECTRIC INDUSTRIES NPVHE0.0641UtilitiesMid-CapUnited States
FNFV GROUP COMMON STOCK USD 0.00010.0480FinancialsMid-CapUnited States
VISA INC USD0.0001 'A'V0.0431Information TechnologyLarge-CapUnited States
AMERICAN NATIONAL INSURANCE CO USD1ANAT0.0428FinancialsMid-CapUnited States
MEDICAL PROPERTIES TRUST INC USD0.001MPW0.0425FinancialsMid-CapUnited States
BANKUNITED INC USD0.01BKU0.0418FinancialsMid-CapUnited States
PG&E CORP NPVPCG0.0354UtilitiesLarge-CapUnited States
VALLEY NATIONAL BANCORP NPVVLY0.0247FinancialsMid-CapUnited States
COMPUWARE CORP USD0.01CPWR0.0231Information TechnologyMid-CapUnited States
XILINX INC USD0.01XLNX0.0110Information TechnologyLarge-CapUnited States
FNB CORP PA USD0.01FNB0.0040FinancialsMid-CapUnited States

DISTRIBUTION SCHEDULE

View by year:
Ex-DateRecord DatePayable DateIncomeShort-Term
Capital Gains
Long-Term
Capital Gains
Return of CapitalTotal Distribution
12/29/201412/31/201401/05/2015
12/19/201412/23/201412/26/2014
09/19/201409/23/201409/25/2014
06/20/201406/24/201406/26/20140.2593820000.259382
03/21/201403/25/201403/27/20140.2189980000.218998
12/27/201312/31/201301/03/20140.3257180000.325718
09/03/201309/05/201309/09/20130.1845670000.184567
06/03/201306/05/201306/07/20130.1391670000.139167
03/01/201303/05/201303/07/20130.0338420000.033842
12/27/201212/31/201201/03/20130.0607100000.060710

The Northern Trust Quality Dividend Defensive Index is designed to provide exposure to a high-quality income-oriented portfolio of long-only U.S. equity securities, with an emphasis on long-term capital growth and a targeted overall beta that is generally between 0.5 to 1.0 times that of the Northern Trust 1250 Index (Parent Index). Companies included in the index are selected based on expected dividend payment and fundamental factors such as profitability, solid management, and reliable cash flow.