-

NETL - American Focused Net Lease Equity ETF Distributes $0.2792 Per Share, the 6th Consecutive Quarterly Dividend Since Inception

PHOENIX--(BUSINESS WIRE)--NETL – The Net Lease Corporate Real Estate ETF (NYSE arca: NETL) (the “Fund”), sponsored by Fundamental Income, declared and distributed $0.2792 per share, its 6th consecutive quarterly dividend since its launch and listing as a new ETF on the NYSE Arca in March 2019.

NETL – the Net Lease Corporate Real Estate ETF has distributed $1.319 per share since September 2019.

Year-to-Date, since January 1, 2020, investors in Fundamental Income’s Net Lease ETF have received $0.759 per share. The fund pays dividends on a quarterly basis and aims to provide investors a total return and targets to produce quarterly income with identifiable growth.

The dividend was paid 9/30/2020, to shareholders of record as of the close of business, 9/25/2020.

NETL Cash Distribution = $0.2792 per share
Record Date: 9/25/2020
Ex-Date: 9/28/2020
Payable Date: 9/30/2020

The Net Lease Corporate Real Estate ETF (NETL), a rules based, passive ETF (exchange traded fund), is publicly traded on the NYSE arca. The ETF seeks to track the performance before fees and expenses of the Fundamental Income Net Lease Real Estate Index (NETLXT), calculated by NASDAQ. NETL seeks to provide investors access to sustainable income with identifiable growth through investments in Net Lease REITs. The Net Lease REITs owned by NETL avoid owning Malls, Multi-family, and Multi-tenant properties. This segment of the real estate sector focuses on owning and leasing properties to single tenants under “net leases” wherein the tenants are responsible for the payment of most, if not all, operating expenses including rent, property taxes, insurance and maintenance. www.netleaseETF.com

About Fundamental Income

Led by seven investment partners with over 50 years and $15 billion of cumulative transaction history, Fundamental Income is a net lease platform, focused on investing in single-tenant commercial properties, net leased to middle-market businesses operating in a wide variety of industries that directly or indirectly serve the US consumer. Fundamental Income provides real estate capital solutions and sale-leasebacks to businesses and business owners with established and growing operations across the United States.

For more information, please visit www.fundamentalincome.com

Carefully consider the Fund’s investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Fund’s prospectus, which may be obtained by visiting www.netleaseetf.com. Read the prospectus carefully before investing.

Investing involves risk; Principal loss is possible. The fund may trade at a premium or discount to NAV. Shares of any ETF are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns.

Dividends are not guaranteed and a company’s future ability to pay dividends may be limited.

Quasar Distributors, LLC, distributor.

Contacts

Fundamental Income Media Contact:
Lyceus Group
Tucker Slosburg
tslosburg@lyceusgroup.com
206.652.3206

Fundamental Income

NYX:NETL

Release Versions
$Cashtags

Contacts

Fundamental Income Media Contact:
Lyceus Group
Tucker Slosburg
tslosburg@lyceusgroup.com
206.652.3206

More News From Fundamental Income

Fundamental Income’s Net Lease Real Estate ETF (NETL) Earns 5-Star Overall Rating from Morningstar

PHOENIX--(BUSINESS WIRE)--Fundamental Income, a Phoenix-based ETF provider and private real estate platform, announced its Net Lease Real Estate ETF (NYSE: NETL) was awarded a 5-star overall rating from Morningstar based on risk-adjusted returns of 233 Real Estate funds as of 3/31/23. NETL ranked 7th among 233 funds for the 3-year period and 7th among 257 funds for the 1-year period in the Real Estate category as of 3/31/23. “We are pleased to see the net lease real estate sector produce strong...

Fundamental Income Acquires Tao Chicago; 126-Year-Old Historical Building

PHOENIX--(BUSINESS WIRE)--Fundamental Income, a Phoenix- based net lease real estate platform, announces its acquisition of Tao Chicago – a 34,000 square foot restaurant and nightclub leased to the Tao Group in River North. Originally built in 1892 and redeveloped in 2018 by Sterling Bay, 632 N. Dearborn is a multi-story, historical landmark featuring a 275-seat dining area, separate nightclub, private dining rooms, five custom-designed bars, two DJ booths and a 16-foot Quan-Yin statue standing...

Fundamental Income Increases Monthly Cash Dividend for the Net Lease Corporate Real Estate ETF by 6%

PHOENIX--(BUSINESS WIRE)--Fundamental Income, a Phoenix- based net lease real estate platform, announces its Net Lease Corporate Real Estate ETF (NYSE Arca: NETL), will increase the fixed monthly dividend to $0.095 from $0.09, representing a nearly 6% increase from its current level. NETL pays a monthly dividend with a year-end distribution of any remaining unpaid cash accrued from the underlying holdings. “Increasing NETL’s monthly dividend is indicative of the consistent contractual cash flow...
Back to Newsroom