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FlexShares Quality Dividend Defensive Index Fund

Objective and Strategy

The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Quality Dividend Defensive IndexSM (Underlying Index).

Different, by Design

1. Assess the current financial state of US companies based on a proprietary quality factor
2. Maximize exposure to quality and dividends while maintaining a beta generally less than 1
3. Utilize constraints in an effort to minimize the overall risk of the strategy

Spotlight on QDEF

Fund Facts

as of 09/19/2017
Inception12/14/2012
CUSIP33939L845
Total Net Assets$ 311,555,570.99
Shares Outstanding7,550,001
# of Holdings*172
Gross Expense Ratio.38%
Net Expense Ratio**.37%
Index ProviderNORTHERN TRUST
Primary ExchangeNYSE
MarginableY
Derivative UseY
*Cash positions and derivatives such as futures and currency forwards are not included in the number of holdings.

**Northern Trust Investments, Inc. ("NTI" or "Investment Adviser") has contractually agreed to reimburse the fees and expenses of the Trust’s independent trustees and their independent legal counsel until March 1, 2018.

Tickers

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

Fund Characteristics1

 as of 09/19/2017
SEC Subsidized Yield2
 (as of 08/31/2017)
3.07%
SEC Unsubsidized Yield3
 (as of 08/31/2017)
3.06%
Distribution Yield43.04%
12-Month Dividend Yield52.76%
Weighted Average Dividend Yield*****3.24%
Weighted Average Market Cap125,158,791,829.98
Weighted Average Beta.84
Price to Earnings (as of 08/31/2017)23.31
Price to Book  (as of 08/31/2017)6.04
Price to Cash Flow  (as of 08/31/2017)14.25
Price to Sales  (as of 08/31/2017)2.96
View Standardized Performance

Market Cap (%)

as of 09/19/2017
Large-Cap81.07
Mid-Cap18.93
Micro-Cap .00
Total100.00

Style (%)

as of 09/20/2017
Value48.92
Core33.86
Growth17.22
Total100.00

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.

Definitions

1Glossary contains definitions of widely used investment terms found on this page.
2SEC 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.
3SEC 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.
4Distribution 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 monthly, an NA will be displayed if the fund has not distributed within the last 35 days.
512-Month Dividend Yield
This yield is calculated by assuming any income distributions over the past twelve months and dividing by the sum of the most recent NAV.

Month End Performance (%)

as of 08/31/2017
 1 MonthQTDYTD1 Year3 YearSince Inception
12/14/2012
Market Price-.511.246.6311.188.6513.90
NAV-.541.216.6611.158.6213.90
Northern Trust Quality Dividend Defensive Index (NTUQDDFTR)-.741.266.9911.969.1114.42
Russell 1000 Index (RU10INTR).312.3011.7916.169.2014.91

Quarter End Performance (%)

as of 06/30/2017
 1 MonthQTDYTD1 Year3 yearSince Inception
12/14/2012
Market Price.651.375.3312.408.8314.15
NAV.671.455.3812.508.8414.15
Northern Trust Quality Dividend Defensive Index (NTUQDDFTR).581.515.6713.279.3314.68
Russell 1000 Index (RU10INTR).703.069.2718.039.2514.93
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 09/19/2017
Gross Expense Ratio.38%
Net Expense Ratio*.37%
*Northern Trust Investments, Inc. ("NTI" or "Investment Adviser") has contractually agreed to reimburse the fees and expenses of the Trust’s independent trustees and their independent legal counsel until March 1, 2018.


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 09/19/2017
Price$41.28
Price $ Change$ .00
Price % Change .00%
Avg Bid/Ask Spread$.03
Bid/Ask Midpoint$41.27
Closing Bid Price$41.25
Closing Ask Price$41.28

Trading

as of 09/19/2017
52-Week High$41.48
52-Week Low$35.96
Premium/Discount$ -.00
Daily Trading Volume (Shares)10,137
Average Trading Volume (Shares)9,173
Shares Outstanding7,550,001

NAV Price

as of 09/19/2017
Price$41.27
Price $ Change$.02
Price % Change.05%

TOP TEN HOLDINGS

as of 09/19/2017
NameTickerFund
Weight %
SectorMarket CapCountry
EXXON MOBIL CORP XOMXOM3.6833EnergyLarge-CapUnited States
WELLS FARGO & CO WFCWFC3.3558FinancialsLarge-CapUnited States
MERCK & CO. INC. MRKMRK3.3136Health CareLarge-CapUnited States
BOEING CO/THE BABA3.1066IndustrialsLarge-CapUnited States
APPLE INC AAPLAAPL2.9955Information TechnologyLarge-CapUnited States
PROCTER & GAMBLE CO/THE PGPG2.9955Consumer StaplesLarge-CapUnited States
MCDONALDS CORP MCDMCD2.8255Consumer DiscretionaryLarge-CapUnited States
PFIZER INC PFEPFE2.6467Health CareLarge-CapUnited States
WAL-MART STORES INC WMTWMT2.4568Consumer StaplesLarge-CapUnited States
ALTRIA GROUP INC MOMO2.1702Consumer StaplesLarge-CapUnited States
TEXAS INSTRUMENTS INC TXNTXN1.7691Information TechnologyLarge-CapUnited States
LOCKHEED MARTIN CORP LMTLMT1.7245IndustrialsLarge-CapUnited States
UNITED PARCEL SERVICE-CL B UPSUPS1.7011IndustrialsLarge-CapUnited States
VERIZON COMMUNICATIONS INC VZVZ1.4591Telecommunication ServicesLarge-CapUnited States
CHEVRON CORP CVXCVX1.3581EnergyLarge-CapUnited States
UNITEDHEALTH GROUP INC UNHUNH1.2781Health CareLarge-CapUnited States
AT&T INC TT1.1913Telecommunication ServicesLarge-CapUnited States
JOHNSON & JOHNSON JNJJNJ1.1575Health CareLarge-CapUnited States
CISCO SYSTEMS INC CSCOCSCO1.0762Information TechnologyLarge-CapUnited States
ANTHEM INC ANTMANTM0.9619Health CareLarge-CapUnited States
INTL BUSINESS MACHINES CORP IBMIBM0.9411Information TechnologyLarge-CapUnited States
JPMORGAN CHASE & CO JPMJPM0.9047FinancialsLarge-CapUnited States
AETNA INC AETAET0.9032Health CareLarge-CapUnited States
ACTIVISION BLIZZARD INC ATVIATVI0.8070Information TechnologyLarge-CapUnited States
VALERO ENERGY CORP VLOVLO0.8063EnergyLarge-CapUnited States
VF CORP VFCVFC0.7829Consumer DiscretionaryLarge-CapUnited States
JABIL INC JBLJBL0.7768Information TechnologyMid-CapUnited States
LYONDELLBASELL INDU-CL A LYBLYB0.7749MaterialsLarge-CapUnited States
GENERAL ELECTRIC CO GEGE0.7557IndustrialsLarge-CapUnited States
HP INC HPQHPQ0.7451Information TechnologyLarge-CapUnited States
PHILIP MORRIS INTERNATIONAL PMPM0.6901Consumer StaplesLarge-CapUnited States
PBF ENERGY INC-CLASS A PBFPBF0.6706EnergyMid-CapUnited States
GAP INC/THE GPSGPS0.6632Consumer DiscretionaryLarge-CapUnited States
H&R BLOCK INC HRBHRB0.6515Consumer DiscretionaryMid-CapUnited States
HOLLYFRONTIER CORP HFCHFC0.6321EnergyMid-CapUnited States
NVIDIA CORP NVDANVDA0.6288Information TechnologyLarge-CapUnited States
NORDSTROM INC JWNJWN0.6047Consumer DiscretionaryLarge-CapUnited States
CONAGRA BRANDS INC CAGCAG0.5850Consumer StaplesLarge-CapUnited States
DOMTAR CORP UFSUFS0.5804MaterialsMid-CapUnited States
EXELON CORP EXCEXC0.5802UtilitiesLarge-CapUnited States
FIDELITY NATIONAL INFO SERV FISFIS0.5685Information TechnologyLarge-CapUnited States
XEROX CORP XRXXRX0.5586Information TechnologyLarge-CapUnited States
INTUIT INC INTUINTU0.5514Information TechnologyLarge-CapUnited States
EMERSON ELECTRIC CO EMREMR0.5503IndustrialsLarge-CapUnited States
EVEREST RE GROUP LTD RERE US0.5493FinancialsLarge-CapUnited States
FOOT LOCKER INC FLFL0.5455Consumer DiscretionaryMid-CapUnited States
BANK OF AMERICA CORP BACBAC0.5417FinancialsLarge-CapUnited States
CHIMERA INVESTMENT CORP CIMCIM0.5403FinancialsMid-CapUnited States
RETAIL PROPERTIES OF AME - A RPAIRPAI0.5300Real EstateMid-CapUnited States
CENTERPOINT ENERGY INC CNPCNP0.5219UtilitiesLarge-CapUnited States
CORECIVIC INC CXWCXW0.5153Real EstateMid-CapUnited States
SEAGATE TECHNOLOGY STXSTX0.5149Information TechnologyLarge-CapUnited States
MOTOROLA SOLUTIONS INC MSIMSI0.5135Information TechnologyLarge-CapUnited States
ERIE INDEMNITY COMPANY-CL A ERIEERIE0.5125FinancialsMid-CapUnited States
AMERICAN ELECTRIC POWER AEPAEP0.5111UtilitiesLarge-CapUnited States
CLOROX COMPANY CLXCLX0.5083Consumer StaplesLarge-CapUnited States
FNF GROUP FNFFNF0.5064FinancialsLarge-CapUnited States
TE CONNECTIVITY LTD TELTEL US0.5058Information TechnologyLarge-CapUnited States
CITIGROUP INC CC0.5053FinancialsLarge-CapUnited States
BANK OF HAWAII CORP BOHBOH0.5040FinancialsMid-CapUnited States
INTERDIGITAL INC IDCCIDCC0.5039Information TechnologyMid-CapUnited States
NETAPP INC NTAPNTAP0.5011Information TechnologyLarge-CapUnited States
KRONOS WORLDWIDE INC KROKRO0.4995MaterialsMid-CapUnited States
ANNALY CAPITAL MANAGEMENT IN NLYNLY0.4941FinancialsLarge-CapUnited States
OUTFRONT MEDIA INC OUTOUT0.4874Real EstateMid-CapUnited States
WILLIAMS-SONOMA INC WSMWSM0.4845Consumer DiscretionaryMid-CapUnited States
HERSHEY CO/THE HSYHSY0.4843Consumer StaplesLarge-CapUnited States
APPLE HOSPITALITY REIT INC APLEAPLE0.4837Real EstateMid-CapUnited States
JACK HENRY & ASSOCIATES INC JKHYJKHY0.4823Information TechnologyLarge-CapUnited States
WELLTOWER INC HCNHCN0.4822Real EstateLarge-CapUnited States
HAWAIIAN ELECTRIC INDS HEHE0.4820UtilitiesMid-CapUnited States
WESTERN UNION CO WUWU0.4809Information TechnologyLarge-CapUnited States
SCOTTS MIRACLE-GRO CO SMGSMG0.4788MaterialsMid-CapUnited States
ROLLINS INC ROLROL0.4772IndustrialsLarge-CapUnited States
PARK HOTELS & RESORTS INC PKPK0.4749Real EstateMid-CapUnited States
CDW CORP/DE CDWCDW0.4738Information TechnologyLarge-CapUnited States
PPL CORP PPLPPL0.4693UtilitiesLarge-CapUnited States
AGNC INVESTMENT CORP AGNCAGNC0.4661FinancialsLarge-CapUnited States
MICROCHIP TECHNOLOGY INC MCHPMCHP0.4602Information TechnologyLarge-CapUnited States
HOME DEPOT INC HDHD0.4601Consumer DiscretionaryLarge-CapUnited States
FIRST AMERICAN FINANCIAL FAFFAF0.4532FinancialsMid-CapUnited States
VENTAS INC VTRVTR0.4511Real EstateLarge-CapUnited States
ONEOK INC OKEOKE0.4503EnergyLarge-CapUnited States
GREIF INC-CL B GEF/BGEF/B0.4463MaterialsMid-CapUnited States
SKYWORKS SOLUTIONS INC SWKSSWKS0.4462Information TechnologyLarge-CapUnited States
OCCIDENTAL PETROLEUM CORP OXYOXY0.4453EnergyLarge-CapUnited States
PEPSICO INC PEPPEP0.4399Consumer StaplesLarge-CapUnited States
TWO HARBORS INVESTMENT CORP TWOTWO0.4391FinancialsMid-CapUnited States
ELI LILLY & CO LLYLLY0.4333Health CareLarge-CapUnited States
DTE ENERGY COMPANY DTEDTE0.4287UtilitiesLarge-CapUnited States
DIGITAL REALTY TRUST INC DLRDLR0.4163Real EstateLarge-CapUnited States
AARONS INC AANAAN0.4153Consumer DiscretionaryMid-CapUnited States
WP CAREY INC WPCWPC0.4130Real EstateMid-CapUnited States
MAXIM INTEGRATED PRODUCTS MXIMMXIM0.4129Information TechnologyLarge-CapUnited States
QUALCOMM INC QCOMQCOM0.4070Information TechnologyLarge-CapUnited States
ASSURANT INC AIZAIZ0.4070FinancialsMid-CapUnited States
TORO CO TTCTTC0.3994IndustrialsLarge-CapUnited States
AUTOMATIC DATA PROCESSING ADPADP0.3973Information TechnologyLarge-CapUnited States
BROADRIDGE FINANCIAL SOLUTIO BRBR0.3963Information TechnologyLarge-CapUnited States
AMEREN CORPORATION AEEAEE0.3948UtilitiesLarge-CapUnited States
ENTERGY CORP ETRETR0.3910UtilitiesLarge-CapUnited States
CA INC CACA0.3872Information TechnologyLarge-CapUnited States
DARDEN RESTAURANTS INC DRIDRI0.3768Consumer DiscretionaryLarge-CapUnited States
TARGET CORP TGTTGT0.3724Consumer DiscretionaryLarge-CapUnited States
DOMINOS PIZZA INC DPZDPZ0.3717Consumer DiscretionaryLarge-CapUnited States
ONE GAS INC OGSOGS0.3665UtilitiesMid-CapUnited States
FLIR SYSTEMS INC FLIRFLIR0.3637Information TechnologyMid-CapUnited States
EDISON INTERNATIONAL EIXEIX0.3489UtilitiesLarge-CapUnited States
CMS ENERGY CORP CMSCMS0.3457UtilitiesLarge-CapUnited States
AMDOCS LTD DOXDOX0.3362Information TechnologyLarge-CapUnited States
KOHLS CORP KSSKSS0.3311Consumer DiscretionaryLarge-CapUnited States
VALIDUS HOLDINGS LTD VRVR US0.3203FinancialsMid-CapUnited States
KLA-TENCOR CORP KLACKLAC0.3175Information TechnologyLarge-CapUnited States
NATL HEALTH INVESTORS INC NHINHI0.3134Real EstateMid-CapUnited States
C.H. ROBINSON WORLDWIDE INC CHRWCHRW0.3072IndustrialsLarge-CapUnited States
PORTLAND GENERAL ELECTRIC CO PORPOR0.3058UtilitiesMid-CapUnited States
ACCENTURE PLC-CL A ACNACN US0.2992Information TechnologyLarge-CapUnited States
MACYS INC MM0.2966Consumer DiscretionaryLarge-CapUnited States
XCEL ENERGY INC XELXEL0.2733UtilitiesLarge-CapUnited States
NIELSEN HOLDINGS PLC NLSNNLSN0.2638IndustrialsLarge-CapUnited States
LASALLE HOTEL PROPERTIES LHOLHO0.2612Real EstateMid-CapUnited States
ALLETE INC ALEALE0.2607UtilitiesMid-CapUnited States
DUNKIN BRANDS GROUP INC DNKNDNKN0.2556Consumer DiscretionaryMid-CapUnited States
RYMAN HOSPITALITY PROPERTIES RHPRHP0.2436Real EstateMid-CapUnited States
WALT DISNEY CO/THE DISDIS0.2346Consumer DiscretionaryLarge-CapUnited States
J2 GLOBAL INC JCOMJCOM0.2248Information TechnologyMid-CapUnited States
AXIS CAPITAL HOLDINGS LTD AXSAXS US0.2235FinancialsMid-CapUnited States
CROWN CASTLE INTL CORP CCICCI0.2186Real EstateLarge-CapUnited States
EPR PROPERTIES EPREPR0.2008Real EstateMid-CapUnited States
HCP INC HCPHCP0.1868Real EstateLarge-CapUnited States
COCA-COLA CO/THE KOKO0.1834Consumer StaplesLarge-CapUnited States
SENIOR HOUSING PROP TRUST SNHSNH0.1776Real EstateMid-CapUnited States
MFA FINANCIAL INC MFAMFA0.1755FinancialsMid-CapUnited States
DDR CORP DDRDDR0.1695Real EstateMid-CapUnited States
TARGA RESOURCES CORP TRGPTRGP0.1663EnergyLarge-CapUnited States
VEREIT INC VERVER0.1644Real EstateLarge-CapUnited States
L BRANDS INC LBLB0.1641Consumer DiscretionaryLarge-CapUnited States
TFS FINANCIAL CORP TFSLTFSL0.1590FinancialsMid-CapUnited States
VECTOR GROUP LTD VGRVGR0.1589Consumer StaplesMid-CapUnited States
PITNEY BOWES INC PBIPBI0.1585IndustrialsMid-CapUnited States
CONSOLIDATED EDISON INC EDED0.1582UtilitiesLarge-CapUnited States
TUPPERWARE BRANDS CORP TUPTUP0.1578Consumer DiscretionaryMid-CapUnited States
CUBESMART CUBECUBE0.1383Real EstateMid-CapUnited States
PLAINS GP HOLDINGS LP-CL A PAGPPAGP0.1370EnergyMid-CapUnited States
LEXINGTON REALTY TRUST LXPLXP0.1305Real EstateMid-CapUnited States
GARMIN LTD GRMNGRMN US0.1288Consumer DiscretionaryLarge-CapUnited States
OLD REPUBLIC INTL CORP ORIORI0.1276FinancialsMid-CapUnited States
WEC ENERGY GROUP INC WECWEC0.1233UtilitiesLarge-CapUnited States
PAYCHEX INC PAYXPAYX0.1215Information TechnologyLarge-CapUnited States
MEDICAL PROPERTIES TRUST INC MPWMPW0.1188Real EstateMid-CapUnited States
PEGASYSTEMS INC PEGAPEGA0.1147Information TechnologyMid-CapUnited States
VISA INC-CLASS A SHARES VV0.1128Information TechnologyLarge-CapUnited States
VIRTU FINANCIAL INC-CLASS A VIRTVIRT0.1061FinancialsMid-CapUnited States
AVANGRID INC AGRAGR0.1046UtilitiesLarge-CapUnited States
SPIRIT REALTY CAPITAL INC SRCSRC0.0999Real EstateMid-CapUnited States
KIMBERLY-CLARK CORP KMBKMB0.0948Consumer StaplesLarge-CapUnited States
P G & E CORP PCGPCG0.0944UtilitiesLarge-CapUnited States
3M CO MMMMMM0.0935IndustrialsLarge-CapUnited States
GEO GROUP INC/THE GEOGEO0.0921Real EstateMid-CapUnited States
AMGEN INC AMGNAMGN0.0906Health CareLarge-CapUnited States
PROASSURANCE CORP PRAPRA0.0886FinancialsMid-CapUnited States
NATIONAL INSTRUMENTS CORP NATINATI0.0817Information TechnologyMid-CapUnited States
HOSPITALITY PROPERTIES TRUST HPTHPT0.0803Real EstateMid-CapUnited States
CRACKER BARREL OLD COUNTRY CBRLCBRL0.0712Consumer DiscretionaryMid-CapUnited States
CDK GLOBAL INC CDKCDK0.0661Information TechnologyLarge-CapUnited States
MEREDITH CORP MDPMDP0.0572Consumer DiscretionaryMid-CapUnited States
BROCADE COMMUNICATIONS SYS BRCDBRCD0.0548Information TechnologyMid-CapUnited States
CARDINAL HEALTH INC CAHCAH0.0451Health CareLarge-CapUnited States
COMCAST CORP-CLASS A CMCSACMCSA0.0399Consumer DiscretionaryLarge-CapUnited States
BGC PARTNERS INC-CL A BGCPBGCP0.0066FinancialsMid-CapUnited States
SAFEWAY CASA LEY NPV 01-30-2018 RIGHT786CVR200.0028Consumer StaplesMicro-CapUnited States
SAFEWAY PDC LLV CVR COMMON STOCKBVVSR750.0001Micro-CapUnited States

DISTRIBUTION SCHEDULE

View by year:
Ex-DateRecord DatePayable DateIncomeShort-Term
Capital Gains
Long-Term
Capital Gains
Return of CapitalTotal Distribution
12/21/201712/22/201712/28/2017
09/18/201709/19/201709/22/20170.3159720000.315972
06/19/201706/21/201706/23/20170.2646120000.264612
03/20/201703/22/201703/24/20170.1926660000.192666
12/22/201612/27/201612/29/20160.3650560000.365056
09/19/201609/21/201609/23/20160.2626230000.262623
06/20/201606/22/201606/24/20160.2375190000.237519
03/21/201603/23/201603/28/20160.2594930000.259493
12/29/201512/31/201501/05/20160.3275630000.327563
09/18/201509/22/201509/24/20150.2368190000.236819
06/19/201506/23/201506/25/20150.2596120000.259612
03/20/201503/24/201503/26/20150.2159280000.215928
12/29/201412/31/201401/05/20150.2192240000.219224
09/19/201409/23/201409/25/20140.2054450000.205445
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.