Middlefield Real Estate Dividend ETF
TSX:MREL

  • LAST PRICE
    11.44
  • TODAY'S CHANGE (%)
    0.00 (0.00%)
  • Bid / Lots
    ---/ ---
  • Ask / Lots
    ---/ ---
  • Open / Previous Close
    0.00 / 11.44
  • Day Range
    ---
  • 52 Week Range
    10.41
    12.46
  • Volume
    ---
  • Overall Morningstar Rating
    out of 182 funds

Search Criteria

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CompanyCountrySymbol

Charts

Price Comparison Graph. See accessible table below
Data delayed at least 15 minutes.

Holdings Diversification

Asset Class
CDN Equity		71.4%
US Equity		20.9%
Int'l Equity		3.7%
Cash		2.2%
Other		1.8%
Fixed Income		0
Sectors
Real Estate86.8%
Financial Serv.s5.0%
Healthcare4.2%
Basic Mat.0
Communication Services0
Consumer Cyclical0
Consumer Defensive0
Energy0
Industrials0
Technology0
Utilities0
Geographic Region
Canada		74.4%
United States		21.8%
Europe		2.5%
Africa		0
Latin America		0
Asia/Oceania		0
As of 2023-12-31

Top 10 Holdings

Company NamePositionAllocation
Allocation
1 Month Change
Market Value
DIR.UN
Dream Industrial Real Estate Investment Trust
Long
5.3%
+6.67%
$5.6M
REI.UN
Riocan Real Estate Investment Trust
Long
4.9%
+40.00%
$5.2M
BEI.UN
Boardwalk Real Estate Investment Trust
Long
4.7%
0.00%
$5.0M
GRT.UN
Granite Real Estate Investment Trust Stapled Units Cons of 1 Shs of Granite
Long
4.7%
+18.18%
$5.0M
CAR.UN
Canadian Apartment Properties Real Estate Investment Trust
Long
4.6%
+17.65%
$4.9M
SRU.UN
SmartCentres Real Estate Investment Trust Trust Units Variable Voting
Long
4.0%
+13.33%
$4.2M
KMP.UN
Killam Apartment Real Estate Investment Trust
Long
3.6%
0.00%
$3.8M
IIP.UN
InterRent Real Estate Investment Trust
Long
3.4%
+22.73%
$3.6M
WELL
Welltower Inc
Long
3.4%
0.00%
$3.6M
MI.UN
Minto Apartment REIT
Long
3.4%
0.00%
$3.6M
As of 2024-04-22

Reports

  • 04/07/24

    Morningstar ETF Report

    The Morningstar ETF Report offers in-depth analyst research on exchange-traded funds to help you evaluate these investments and how they fit within a portfolio.

Morningstar Ratings

Time HorizonStar Rating
Overall Rating
3 Year Rating
5 Year Rating
10 Year Rating
As of 2024-03-31

Past performance is no guarantee of future results. The ratings reflect historical risk-adjusted performance, and the overall rating is derived from a weight average of the fund's 3, 5, and 10 year (Morningstar Rating) metrics.

Style Box is calculated only using the long position holdings of the portfolio.

ETF Profile
Best Fit Index
S&P/TSX Capped REIT TR CAD
Category
Real Estate Equity
Sponsor
Middlefield Limited
Inception
April 20, 2011
As of 2023-12-31

The investment objectives of the fund are to provide holders of Real Estate Units with: (a) stable monthly cash distributions; and (b) enhanced long-term total return through capital appreciation of the Real Estate investment portfolio through an investment strategy that focuses primarily on investing in dividend-paying securities of global issuers operating in, or that derive a significant portion of their revenue or earnings from, products or services related to the real estate and related industries.

Holding Details
Total Net Assets$112.0M
Shares Out.8.8M
Net Asset Value (NAV)$11.28
Prem/Discount to NAV0.05%
P/E Ratio18.2
Dividend Yield7.87%
Dividend per Share0.90 CAD
Ex-Dividend Date03/27/2024
Dividend Payment Date04/15/2024
Beta---
Morningstar Investment StyleReal Estate Equity
Equity Style
Mid Cap Blend
Credit Quality / Duration
---
Fees & Expenses
Actual Management Fee0.75%
Actual Mgmt. Expense Ratio (MER)1.06%