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FlexShares Global Quality Real Estate Index Fund

FlexShares Global Quality Real Estate Index Fund attempts to provide investors with a quality equity portfolio that provides exposure to the inflation-hedging qualities and long-term capital growth potential of global real estate. Many real estate equity strategies have a focus on value, but may omit an evaluation of a holding's financial strength. In addition, some approaches may disregard the direction and size of price movement trends, which can lead to value traps.* The Fund's strategy is designed to try to counter these challenges by maximizing exposure to quality, value and momentum factors. The Fund's Underlying Index attempts to provide global exposure to real estate equities through a portfolio of listed, non-mortgage REITs and operating companies. If occurring, dividends from net investment income, including any net foreign currency gains, 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.

Related Documents

Fund Facts

as of 06/30/2015
Inception11/05/2013
CUSIP33939L787
Total Net Assets$ 91,854,905.15
Shares Outstanding1,600,001
# of Holdings179
Gross Expense Ratio.47%
Net Expense Ratio*.45%
Index ProviderNORTHERN TRUST
Primary ExchangeNYSE Arca
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, 2016.

Tickers

ETF TickerGQRE
Related IndexNTGQRE
NAVGQRE.NV
IOPVGQRE.IV
Shares OutstandingGQRE.SO
Estimated CashGQRE.EU
Total CashGQRE.TC

Fund Characteristics

as of 06/30/2015
SEC Subsidized Yield* (as of 05/31/2015)2.57%
SEC Unsubsidized Yield**
 (as of 05/31/2015)
2.57%
Distribution Yield***2.25%
12-Month Dividend Yield****2.31%
Weighted Average Market Cap12,786,086,025.80
Price to Earnings (as of 05/31/2015)24.76
Price to Book  (as of 05/31/2015)2.59
Price to Cash Flow  (as of 05/31/2015)15.11
Price to Sales  (as of 05/31/2015)8.40
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 annually, an NA will be displayed if the fund has not distributed within the last 370 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.

Market Cap (%)

as of 06/30/2015
Large-Cap42.70
Mid-Cap30.62
Small-Cap25.90
Micro-Cap.78
Total100.00

Style (%)

as of 07/01/2015
Value33.72
Core40.36
Growth25.92
Total100.00

SECTOR ALLOCATIONS

GQRE sector allocations

COUNTRY ALLOCATIONS

GQRE country 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 11/6/2013, 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 05/31/2015
 1 MonthQTDYTD1 YearSince Inception
11/5/2013
Market Price-.07-1.262.859.7411.64
NAV-.14-1.332.829.9011.48
Northern Trust Global Quality Real Estate Index (NTGQRENTR)-.01-1.172.9710.0411.64
Dow Jones Global Select Real Estate Securities Index (DWGRSN)-1.10-3.29.846.499.80

Quarter End Performance (%)

as of 03/31/2015
 1 MonthQTDYTD1 YearSince Inception
11/5/2013
Market Price-.194.154.1518.0314.14
NAV-.094.204.2018.0614.01
Northern Trust Global Quality Real Estate Index (NTGQRENTR)-.074.194.1917.9914.07
Dow Jones Global Select Real Estate Securities Index (DWGRSN).034.274.2717.1313.72
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 11/6/2013, 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 06/30/2015
Gross Expense Ratio.47%
Net Expense Ratio*.45%
*NTI has contractually agreed to reimburse the fees and expenses of the Fund’s independent trustees and independent legal counsel until March 1, 2016.


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 06/30/2015
Price$55.84
Price $ Change$.16
Price % Change.29%
Avg Bid/Ask Spread$.05
Bid/Ask Midpoint$55.53
Closing Bid Price$55.51
Closing Ask Price$55.55

NAV Price

as of 06/30/2015
Price$57.41
Price $ Change$2.09
Price % Change3.78%

Trading

as of 06/30/2015
52-Week High$59.61
52-Week Low$51.13
Premium/Discount$-1.88
Daily Trading Volume (Shares)2,052
Average Trading Volume (Shares)7,518
Shares Outstanding1,600,001

TOP TEN HOLDINGS

as of 06/30/2015
NameTickerFund
Weight %
SectorMarket CapCountry
CK HUTCHISON HOLDINGS LTD 11 HK5.7656Real Estate Development & OperationsLarge-CapHong Kong
PUBLIC STORAGE PSAPSA4.6909Specialized REITsLarge-CapUnited States
AVALONBAY COMMUNITIES INC AVBAVB4.0909Residential REITsLarge-CapUnited States
EQUITY RESIDENTIAL EQREQR3.1756Residential REITsLarge-CapUnited States
HOST HOTELS & RESORTS INC HSTHST2.9895Specialized REITsLarge-CapUnited States
SCENTRE GROUP SCGSCG AU2.8576Real Estate Development & OperationsLarge-CapAustralia
LAND SECURITIES GROUP PLC LANDLAND LN2.8442Commercial REITsLarge-CapUnited Kingdom
GENERAL GROWTH PROPERTIES GGPGGP2.8075Commercial REITsLarge-CapUnited States
LINK REIT 823823 HK2.6759Commercial REITsLarge-CapHong Kong
MACERICH CO/THE MACMAC2.6180Commercial REITsLarge-CapUnited States
WEYERHAEUSER CO WYWY2.2777Specialized REITsLarge-CapUnited States
SIMON PROPERTY GROUP INC SPGSPG2.1252Commercial REITsLarge-CapUnited States
SL GREEN REALTY CORP SLGSLG2.0206Commercial REITsMid-CapUnited States
BARRATT DEVELOPMENTS PLC BDEVBDEV LN1.8932Real Estate Development & OperationsMid-CapUnited Kingdom
FEDERATION CENTRES FDCFDC AU1.7739Commercial REITsSmall-CapAustralia
KIMCO REALTY CORP KIMKIM1.7344Commercial REITsMid-CapUnited States
DAITO TRUST CONSTRUCT CO LTD 18781878 JP1.5598Real Estate Development & OperationsMid-CapJapan
SWIRE PACIFIC LTD-A 1919 HK1.4799Real Estate Development & OperationsMid-CapHong Kong
EXTRA SPACE STORAGE INC EXREXR1.4067Specialized REITsMid-CapUnited States
DEUTSCHE ANNINGTON IMMOBILIE ANNANN GR1.2231Real Estate Development & OperationsMid-CapGermany
GPT GROUP GPTGPT AU1.1344Real Estate Development & OperationsMid-CapAustralia
REGENCY CENTERS CORP REGREG1.1125Commercial REITsMid-CapUnited States
APARTMENT INVT & MGMT CO -A AIVAIV1.1084Residential REITsMid-CapUnited States
DERWENT LONDON PLC DLNDLN LN1.0679Commercial REITsMid-CapUnited Kingdom
SUMITOMO REALTY & DEVELOPMEN 88308830 JP1.0563Real Estate Development & OperationsLarge-CapJapan
KILROY REALTY CORP KRCKRC1.0359Commercial REITsMid-CapUnited States
UNIBAIL-RODAMCO SE ULUL NA0.9880Real Estate Development & OperationsLarge-CapFrance
WHEELOCK & CO LTD 2020 HK0.9611Real Estate Development & OperationsMid-CapHong Kong
CAPITALAND LTD CAPLCAPL SP0.9122Real Estate Development & OperationsMid-CapSingapore
NATIONAL RETAIL PROPERTIES NNNNNN0.8959Commercial REITsMid-CapUnited States
GREAT PORTLAND ESTATES PLC GPORGPOR LN0.8343Real Estate Development & OperationsMid-CapUnited Kingdom
HOSPITALITY PROPERTIES TRUST HPTHPT0.7838Specialized REITsMid-CapUnited States
EQUITY LIFESTYLE PROPERTIES ELSELS0.7708Residential REITsMid-CapUnited States
RLJ LODGING TRUST RLJRLJ0.7664Specialized REITsMid-CapUnited States
TOKYU FUDOSAN HOLDINGS CORP 32893289 JP0.7614Real Estate Development & OperationsMid-CapJapan
SHAFTESBURY PLC SHBSHB LN0.7610Commercial REITsSmall-CapUnited Kingdom
PSP SWISS PROPERTY AG-REG PSPNPSPN SW0.7229Real Estate Development & OperationsMid-CapSwitzerland
RIOCAN REAL ESTATE INVST TR REI-UREI-U CN0.7219Commercial REITsMid-CapCanada
DEUTSCHE WOHNEN AG-BR DWNIDWNI GR0.7167Real Estate Development & OperationsMid-CapGermany
BIOMED REALTY TRUST INC BMRBMR0.6674Commercial REITsMid-CapUnited States
WEINGARTEN REALTY INVESTORS WRIWRI0.6345Commercial REITsMid-CapUnited States
HONGKONG LAND HOLDINGS LTD HKLHKL SP0.6295Real Estate Development & OperationsLarge-CapHong Kong
COLUMBIA PROPERTY TRUST INC CXPCXP0.6103Commercial REITsSmall-CapUnited States
NOMURA REAL ESTATE HOLDINGS 32313231 JP0.5691Real Estate Development & OperationsMid-CapJapan
EPR PROPERTIES EPREPR0.5647Commercial REITsSmall-CapUnited States
H&R REAL ESTATE INV-REIT UTS HR-UHR-U CN0.5565Commercial REITsMid-CapCanada
POST PROPERTIES INC PPSPPS0.5426Residential REITsSmall-CapUnited States
SOVRAN SELF STORAGE INC SSSSSS0.5179Specialized REITsSmall-CapUnited States
DIAMONDROCK HOSPITALITY CO DRHDRH0.5071Specialized REITsSmall-CapUnited States
SWIRE PACIFIC LTD B 8787 HK0.4985Real Estate Development & OperationsMid-CapHong Kong
SUNSTONE HOTEL INVESTORS INC SHOSHO0.4905Specialized REITsSmall-CapUnited States
UOL GROUP LTD UOLUOL SP0.4885Real Estate Development & OperationsMid-CapSingapore
IMMOFINANZ AG IIAIIA AV0.4591Real Estate Development & OperationsSmall-CapAustria
NOMURA REAL ESTATE MASTER FU 32853285 JP0.4184Commercial REITsSmall-CapJapan
DUPONT FABROS TECHNOLOGY DFTDFT0.3973Commercial REITsSmall-CapUnited States
SOTETSU HOLDINGS INC 90039003 JP0.3812Real Estate Development & OperationsSmall-CapJapan
ALLREAL HOLDING AG-REG ALLNALLN SW0.3684Real Estate Development & OperationsSmall-CapSwitzerland
WORKSPACE GROUP PLC WKPWKP LN0.3418Commercial REITsSmall-CapUnited Kingdom
ASSOCIATED ESTATES REALTY CP AECAEC0.3412Residential REITsSmall-CapUnited States
LEOPALACE21 CORP 88488848 JP0.3365Real Estate Development & OperationsSmall-CapJapan
CHINESE ESTATES HOLDINGS LTD 127127 HK0.3336Real Estate Development & OperationsMid-CapHong Kong
CAPITALAND COMMERCIAL TRUST CCTCCT SP0.3303Commercial REITsSmall-CapSingapore
ACADIA REALTY TRUST AKRAKR0.3267Commercial REITsSmall-CapUnited States
RELO HOLDINGS INC 88768876 JP0.3190Real Estate ServicesSmall-CapJapan
KYORITSU MAINTENANCE CO LTD 96169616 JP0.3167Real Estate ServicesSmall-CapJapan
SUMITOMO FORESTRY CO LTD 19111911 JP0.3158Real Estate Development & OperationsSmall-CapJapan
PATRIZIA IMMOBILIEN AG P1ZP1Z GR0.3100Real Estate Development & OperationsSmall-CapGermany
MITSUBISHI ESTATE CO LTD 88028802 JP0.3012Real Estate Development & OperationsLarge-CapJapan
MAPLETREE GREATER CHINA COMM MAGICMAGIC SP0.2991Diversified REITsSmall-CapSingapore
UNITE GROUP PLC UTGUTG LN0.2973Real Estate Development & OperationsSmall-CapUnited Kingdom
MERCIALYS MERYMERY FP0.2959Commercial REITsSmall-CapFrance
MAPLETREE LOGISTICS TRUST MLTMLT SP0.2945Commercial REITsSmall-CapSingapore
MAPLETREE INDUSTRIAL TRUST MINTMINT SP0.2922Commercial REITsSmall-CapSingapore
FONCIERE DES MURS FMUFMU FP0.2820Specialized REITsSmall-CapFrance
CA IMMOBILIEN ANLAGEN AG CAICAI AV0.2792Real Estate Development & OperationsSmall-CapAustria
GLOBAL ONE REIT 89588958 JP0.2781Commercial REITsSmall-CapJapan
DAIWA OFFICE INVESTMENT CORP 89768976 JP0.2729Commercial REITsSmall-CapJapan
NATL HEALTH INVESTORS INC NHINHI0.2710Specialized REITsSmall-CapUnited States
MOBIMO HOLDING AG-REG MOBNMOBN SW0.2683Real Estate Development & OperationsSmall-CapSwitzerland
MAPLETREE COMMERCIAL TRUST MCTMCT SP0.2665Commercial REITsSmall-CapSingapore
BWP TRUST BWPBWP AU0.2658Commercial REITsSmall-CapAustralia
CAPITALAND RETAIL CHINA TRUS CRCTCRCT SP0.2598Commercial REITsSmall-CapSingapore
JAPAN RENTAL HOUSING INVESTM 89868986 JP0.2569Residential REITsSmall-CapJapan
SWIRE PROPERTIES LTD 19721972 HK0.2567Real Estate Development & OperationsLarge-CapHong Kong
NTT URBAN DEVELOPMENT CORP 89338933 JP0.2547Real Estate Development & OperationsSmall-CapJapan
WING TAI HOLDINGS LTD WINGTWINGT SP0.2534Real Estate Development & OperationsSmall-CapSingapore
HEIWA REAL ESTATE CO LTD 88038803 JP0.2509Real Estate Development & OperationsSmall-CapJapan
CAN APARTMENT PROP REAL ESTA CAR-UCAR-U CN0.2505Residential REITsSmall-CapCanada
INVESTA OFFICE FUND IOFIOF AU0.2449Commercial REITsSmall-CapAustralia
LTC PROPERTIES INC LTCLTC0.2433Specialized REITsSmall-CapUnited States
PS BUSINESS PARKS INC/CA PSBPSB0.2426Commercial REITsSmall-CapUnited States
CORESITE REALTY CORP CORCOR0.2425Commercial REITsSmall-CapUnited States
JONES LANG LASALLE INC JLLJLL0.2412Real Estate ServicesMid-CapUnited States
DREAM GLOBAL REAL ESTATE INV DRG-UDRG-U CN0.2405Commercial REITsSmall-CapCanada
CONWERT IMMOBILIEN INVEST SE CWICWI AV0.2399Real Estate Development & OperationsSmall-CapAustria
TAKARA LEBEN CO LTD 88978897 JP0.2396Real Estate Development & OperationsSmall-CapJapan
DAIBIRU CORP 88068806 JP0.2369Real Estate Development & OperationsSmall-CapJapan
FELCOR LODGING TRUST INC FCHFCH0.2366Specialized REITsSmall-CapUnited States
TRICON CAPITAL GROUP INC TCNTCN CN0.2342Real Estate ServicesSmall-CapCanada
DUKE REALTY CORP DREDRE0.2275Commercial REITsMid-CapUnited States
VORNADO REALTY TRUST VNOVNO0.2264Commercial REITsLarge-CapUnited States
ALEXANDRIA REAL ESTATE EQUIT AREARE0.2257Commercial REITsMid-CapUnited States
SUNLIGHT REAL ESTATE INVEST 435435 HK0.2235Commercial REITsSmall-CapHong Kong
MISAWA HOMES CO LTD 17221722 JP0.2227Real Estate Development & OperationsMicro-CapJapan
JAPAN LOGISTICS FUND INC 89678967 JP0.2207Commercial REITsSmall-CapJapan
RAYSUM CO LTD 88908890 JP0.2181Real Estate Development & OperationsMicro-CapJapan
GOLDCREST CO LTD 88718871 JP0.2166Real Estate Development & OperationsSmall-CapJapan
KENEDIX RESIDENTIAL INVESTME 32783278 JP0.2166Residential REITsSmall-CapJapan
FIRST REAL ESTATE INVT TRUST FIRTFIRT SP0.2151Specialized REITsSmall-CapSingapore
LEND LEASE GROUP LLCLLC AU0.2122OtherMid-CapAustralia
HIGHWOODS PROPERTIES INC HIWHIW0.2080Commercial REITsSmall-CapUnited States
FRASERS CENTREPOINT TRUST FCTFCT SP0.2013Commercial REITsSmall-CapSingapore
STARHILL GLOBAL REIT SGREITSGREIT SP0.2007Commercial REITsSmall-CapSingapore
PRECINCT PROPERTIES NEW ZEAL PCTPCT NZ0.1944Real Estate Development & OperationsSmall-CapNew Zealand
LIU CHONG HING INVESTMENT 194194 HK0.1916Real Estate Development & OperationsMicro-CapHong Kong
INTERSHOP HOLDING AG ISNISN SW0.1883Real Estate Development & OperationsSmall-CapSwitzerland
ST JOE CO/THE JOEJOE0.1879Real Estate Development & OperationsSmall-CapUnited States
PEBBLEBROOK HOTEL TRUST PEBPEB0.1829Specialized REITsSmall-CapUnited States
CBRE GROUP INC - A CBGCBG0.1812Real Estate ServicesLarge-CapUnited States
HANSTEEN HOLDINGS PLC HSTNHSTN LN0.1797Commercial REITsSmall-CapUnited Kingdom
FIRST CAPITAL REALTY INC FCRFCR CN0.1754Real Estate Development & OperationsSmall-CapCanada
FRASERS COMMERCIAL TRUST FCOTFCOT SP0.1662Commercial REITsSmall-CapSingapore
HANKYU REIT INC 89778977 JP0.1629Commercial REITsSmall-CapJapan
MORGUARD CORP MRCMRC CN0.1622Real Estate Development & OperationsSmall-CapCanada
YANLORD LAND GROUP LTD YLLGYLLG SP0.1565Real Estate Development & OperationsSmall-CapSingapore
PARKWAYLIFE REAL ESTATE PREITPREIT SP0.1561Specialized REITsSmall-CapSingapore
FAR EAST CONSORTIUM INTERNAT 3535 HK0.1557Real Estate Development & OperationsSmall-CapHong Kong
UNITED URBAN INVESTMENT CORP 89608960 JP0.1551Commercial REITsSmall-CapJapan
QUINTAIN ESTATES & DEV PLC QEDQED LN0.1466Real Estate Development & OperationsSmall-CapUnited Kingdom
FONCIERE LYONNAISE FLYFLY FP0.1437Commercial REITsSmall-CapFrance
HKR INTERNATIONAL LTD 480480 HK0.1373Real Estate Development & OperationsSmall-CapHong Kong
CORPORACION FINANCIERA ALBA ALBALB SM0.1339Real Estate Development & OperationsSmall-CapSpain
TAI CHEUNG HOLDINGS 8888 HK0.1330Real Estate Development & OperationsSmall-CapHong Kong
KABUKI-ZA CO LTD 96619661 JP0.1326Real Estate Development & OperationsSmall-CapJapan
GRANITE REAL ESTATE INVESTME GRT-UGRT-U CN0.1270Commercial REITsSmall-CapCanada
SINARMAS LAND LTD SMLSML SP0.1219Real Estate Development & OperationsSmall-CapSingapore
UNIVERSAL HEALTH RLTY INCOME UHTUHT0.1206Specialized REITsSmall-CapUnited States
FRASERS CENTREPOINT LTD FCLFCL SP0.1205Real Estate Development & OperationsSmall-CapSingapore
IRON MOUNTAIN INC IRMIRM0.1195Commercial REITsMid-CapUnited States
HFF INC-CLASS A HFHF0.1184Real Estate ServicesSmall-CapUnited States
CHESAPEAKE LODGING TRUST CHSPCHSP0.1175Specialized REITsSmall-CapUnited States
SELECT INCOME REIT SIRSIR0.1154Commercial REITsSmall-CapUnited States
AIRPORT CITY LTD ARPTARPT IT0.1152Real Estate Development & OperationsSmall-CapIsrael
NITSBA HOLDINGS (1995) LTD NTBANTBA IT0.1118Real Estate Development & OperationsSmall-CapIsrael
FABEGE AB FABGFABG SS0.1109Real Estate Development & OperationsSmall-CapSweden
URSTADT BIDDLE - CLASS A UBAUBA0.1106Commercial REITsMicro-CapUnited States
BIG YELLOW GROUP PLC BYGBYG LN0.1097Specialized REITsSmall-CapUnited Kingdom
STRATEGIC HOTELS & RESORTS I BEEBEE0.1076Specialized REITsSmall-CapUnited States
BRITISH LAND CO PLC BLNDBLND LN0.1061Commercial REITsLarge-CapUnited Kingdom
ALEXANDERS INC ALXALX0.1049Commercial REITsSmall-CapUnited States
SIM LIAN GROUP LTD SLGSLG SP0.1039Real Estate Development & OperationsSmall-CapSingapore
OMEGA HEALTHCARE INVESTORS OHIOHI0.1023Specialized REITsMid-CapUnited States
TOC CO LTD 88418841 JP0.1023Real Estate Development & OperationsSmall-CapJapan
OLAV THON EIENDOMSSELSKAP AS OLTOLT NO0.1000Real Estate Development & OperationsSmall-CapNorway
LASALLE HOTEL PROPERTIES LHOLHO0.0988Specialized REITsMid-CapUnited States
HO BEE LAND LTD HOBEEHOBEE SP0.0974Real Estate Development & OperationsSmall-CapSingapore
SAGAX AB-B SAGABSAGAB SS0.0934Real Estate Development & OperationsSmall-CapSweden
JAPAN HOTEL REIT INVESTMENT 89858985 JP0.0917Specialized REITsSmall-CapJapan
ADVANCE RESIDENCE INVESTMENT 32693269 JP0.0843Residential REITsSmall-CapJapan
NORSTAR HOLDINGS INC NSTRNSTR IT0.0840Real Estate Development & OperationsSmall-CapIsrael
DAEJAN HOLDINGS PLC DJANDJAN LN0.0814Real Estate Development & OperationsSmall-CapUnited Kingdom
KUNGSLEDEN AB KLEDKLED SS0.0734Real Estate Development & OperationsSmall-CapSweden
RYMAN HOSPITALITY PROPERTIES RHPRHP0.0565Specialized REITsSmall-CapUnited States
SPONDA OYJ SDA1VSDA1V FH0.0561Real Estate Development & OperationsSmall-CapFinland
WALLENSTAM AB-B SHS WALLBWALLB SS0.0517Real Estate Development & OperationsSmall-CapSweden
URBAN EDGE PROPERTIES UEUE0.0478Commercial REITsSmall-CapUnited States
DAIWA HOUSE REIT INVESTMENT 32633263 JP0.0363Commercial REITsSmall-CapJapan
MELCOR DEVELOPMENTS LTD MRDMRD CN0.0346Real Estate Development & OperationsMicro-CapCanada
PIEDMONT OFFICE REALTY TRU-A PDMPDM0.0346Commercial REITsSmall-CapUnited States
AMERICAN TOWER CORP AMTAMT0.0336Specialized REITsLarge-CapUnited States
BOARDWALK REAL ESTATE INVEST BEI-UBEI-U CN0.0312Residential REITsSmall-CapCanada
RETAIL OPPORTUNITY INVESTMEN ROICROIC0.0265Commercial REITsSmall-CapUnited States
KLOVERN AB-B SHS KLOVBKLOVB SS0.0258Real Estate Development & OperationsSmall-CapSweden
WERELDHAVE NV WHAWHA NA0.0230Commercial REITsSmall-CapNetherlands
FONCIERE DES REGIONS FDRFDR FP0.0209Commercial REITsMid-CapFrance
AIMS AMP CAPITAL INDUSTRIAL AAREITAAREIT SP0.0175Commercial REITsSmall-CapSingapore
INDUSTRIAL BUILDINGS CORP IBLDIBLD IT0.0047Real Estate Development & OperationsMicro-CapIsrael
ASHFORD HOSPITALITY TRUST AHTAHT0.0044Specialized REITsSmall-CapUnited States
KLOVERN AB-A SHS KLOVAKLOVA SS0.0022Real Estate Development & OperationsMicro-CapSweden

DISTRIBUTION SCHEDULE

View by year:
Ex-DateRecord DatePayable DateIncomeShort-Term
Capital Gains
Long-Term
Capital Gains
Return of CapitalTotal Distribution
12/29/201512/31/201501/05/2016
09/18/201509/22/201509/24/2015
06/19/201506/23/201506/25/20150.3108370000.310837
03/20/201503/24/201503/26/20150.2102300000.210230
12/29/201412/31/201401/05/20150.5605270000.560527
09/19/201409/23/201409/25/20140.1995140000.199514
06/20/201406/24/201406/26/20140.5444230000.544423
03/21/201403/25/201403/27/20140.1452910000.145291
12/27/201312/31/201301/03/20140.1926930000.192693

The Northern Trust Global Quality Real Estate Index is designed to maximize exposure to quality, value and momentum factors, within a universe of companies operating in the real estate sector. The proprietary Northern Trust quality factor (henceforth referenced as the Northern Trust Quality Score or NTQS) is used to identify companies that exhibit strength in profitability, management expertise and cash flow, while value and momentum factors are included to help provide long term capital appreciation and also mitigate risk.