Middlefield Real Estate Dividend ETF (TSX: MREL)
Canada
· Delayed Price · Currency is CAD | Assets | 137.44M |
| Expense Ratio | 1.21% |
| PE Ratio | 18.70 |
| Dividend (ttm) | 0.90 |
| Dividend Yield | 7.51% |
| Ex-Dividend Date | Dec 31, 2024 |
| Payout Frequency | Monthly |
| Payout Ratio | n/a |
| 1-Year Return | +0.33% |
| Volume | 10,763 |
| Open | 12.09 |
| Previous Close | 12.06 |
| Day's Range | 12.05 - 12.13 |
| 52-Week Low | 11.11 |
| 52-Week High | 13.57 |
| Beta | 1.01 |
| Holdings | 35 |
| Inception Date | Feb 12, 2019 |
About MREL
Middlefield Real Estate Dividend ETF is an exchange traded fund launched by Middlefield Limited. It is managed by Middlefield Capital Corporation. The fund invests in public equity markets of global region. It invests in stocks of companies operating across mortgage real estate investment trusts (reits), financials, diversified financials, equity real estate investment trusts (reits) sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It invests in dividend paying stocks of companies. It seeks to benchmark the performance of its portfolio against the S&P/TSX Capped REIT Index. Middlefield Real Estate Dividend ETF was formed on April 20, 2011 and is domiciled in Canada.
Performance
MREL had a total return of 8.03% in the past year. Since the fund's inception, the average annual return has been 7.06%, including dividends.
Top 10 Holdings
48.25% of assets| Name | Symbol | Weight |
|---|---|---|
| RioCan Real Estate Investment Trust | REI.UN | 7.92% |
| Canadian Apartment Properties Real Estate Investment Trust | CAR.UN | 7.08% |
| Chartwell Retirement Residences | CSH.UN | 5.23% |
| Cash & Other | n/a | 4.71% |
| Boardwalk Real Estate Investment Trust | BEI.UN | 4.69% |
| Granite Real Estate Investment Trust | GRT.UN | 4.28% |
| Blackstone Inc. | BX | 3.94% |
| Minto Apartment Real Estate Investment Trust | MI.UN | 3.57% |
| Choice Properties Real Estate Investment Trust | CHP.UN | 3.47% |
| SmartCentres Real Estate Investment Trust | SRU.UN | 3.36% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2024 | 0.075 CAD | Jan 15, 2025 |
| Nov 29, 2024 | 0.075 CAD | Dec 13, 2024 |
| Oct 31, 2024 | 0.075 CAD | Nov 15, 2024 |
| Sep 27, 2024 | 0.075 CAD | Oct 15, 2024 |
| Aug 30, 2024 | 0.075 CAD | Sep 13, 2024 |
| Jul 31, 2024 | 0.075 CAD | Aug 15, 2024 |