Nikkei High Yield REIT Index

Overview

The Nikkei High Yield Index is a REIT index comprised of high yield REITs calculated by "Market Cap multiplied by Yield Weight" Methodology.

• Chart
  
• Constituents
  All REITs listed on the Tokyo Stock Exchange
• Periodic review
  Annually (May)
• Selection rules
  • Using the Nikkei’s forecasts on dividends, the stocks with higher expected yields at the end of April are chosen based on the selection rule of the Periodic Review.
• Number of constituents
  35
• Weighting
  Market Cap multiplied by Yield Weight
• Calculation Method
  • The index is calculated by summing up the constituent share prices multiplied by the Weight Factors, and dividing the summation by the Divisor.
  • The Weight Factor is determined by the number of issued shares and ESG factor.
  • The number of shares issued shall be revised in February, May, August and November, and the ESG factor shall be revised in November.
• Calculation frequency
  End-of-day basis
• Commencement date
  July/20/2020
• Inception date
  May/30/2014
• Calculation base date
  May/30/2014 ＝ 1,000