Nikkei High Yield REIT Index

1,231.22
-0.53% -6.61 Feb/22/2024(Close)

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
    Nikkei High Yield REIT Index
  • 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

Derived Indexes