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About MIDDLEFIELD REAL ESTATE DIVID ETF TRUST UNITS
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Inception date
Feb 12, 2019
Dividend treatment
Distributes
Primary advisor
Middlefield Ltd.
The fund focuses on the global real estate sector it aims for stable monthly cash distributions as well as outperformance of the index on a total return basis. In order to meet its investment objectives, the fund employs a mixed strategy of indexing and active management. As such, its portfolio is comprised of at least 30% (and up to 80%) of companies that comprise the index, the rest is determined by the fund adviser based on its long-term outlook for the real estate sector. Such consideration would include: interest rates, valuations, and other macroeconomic factors. The fund adviser will adjust the portfolio as deemed necessary.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Stocks89.38%
Finance84.79%
Health Services4.59%
Bonds, Cash & Other10.62%
Cash4.90%
UNIT4.27%
Miscellaneous1.44%
Stock breakdown by region
North America98.83%
Europe1.17%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MREL invests in stocks. The fund's major sectors are Finance, with 84.79% stocks, and Health Services, with 4.59% of the basket. The assets are mostly located in the North America region.
MREL top holdings are RioCan Real Estate Investment Trust and Canadian Apartment Properties Real Estate Investment Trust, occupying 7.91% and 7.07% of the portfolio correspondingly.
MREL last dividends amounted to 0.08 CAD. The month before, the issuer paid 0.08 CAD in dividends,
MREL assets under management is 135.81 M CAD. It's risen 3.30% over the last month.
MREL fund flows account for 9.57 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, MREL pays dividends to its holders with the dividend yield of 7.50%. The last dividend (May 15, 2025) amounted to 0.08 CAD. The dividends are paid monthly.
MREL shares are issued by Middlefield Group under the brand Middlefield. The ETF was launched on Feb 12, 2019, and its management style is Active.
MREL expense ratio is 1.21% meaning you'd have to pay 1.21% of your investment to help manage the fund.
MREL follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MREL invests in stocks.
MREL price has risen by 2.76% over the last month, and its yearly performance shows a 2.32% increase. See more dynamics on MREL price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.94% over the last month, showed a 0.70% increase in three-month performance and has increased by 9.91% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.94% over the last month, showed a 0.70% increase in three-month performance and has increased by 9.91% in a year.
MREL trades at a premium (0.63%) meaning the ETF is trading at a higher price than the calculated NAV.