Benchmark (%) On 11/03/2016 USRT began to track the FTSE NAREIT Equity REITs Index. Historical index data prior 11/03/2016 is for the FTSE NAREIT Real Estate 50 Index; index data on and after 11/03/2016 is for the FTSE NAREIT Equity REITs Index. 26.00 -0.60 -0.76 6.98 26.00 26.45 42.92 199.59 95.72

ETFs Tracking The FTSE NAREIT Equity REITs Index – ETF Fund Flow The table below includes fund flow data for all U.S. listed Highland Capital Management ETFs. Total fund flow is the capital inflow into an ETF minus the capital outflow from the ETF for a particular time period. The FTSE EPRA Nareit Developed Index is designed to track the performance of listed real estate companies and REITS worldwide. By making the index constituents free-float adjusted, liquidity, size and revenue screened, the series is suitable for use as the basis for investment products, such as derivatives and Exchange Traded Funds (ETFs). FTSE Nareit All Equity REITs equity market capitalization = $1.253 trillion; 219 REITs are in the FTSE Nareit All REITs Index. 184 REITs trade on the New York Stock Exchange. NYSE listed REITs equity market capitalization = $1.194 trillion; Dividends . Yield Comparison . FTSE Nareit All REITs: 3.99%; FTSE Nareit All Equity REITs: 3.63%; S&P 500: 1.86% The FTSE EPRA Nareit Global Real Estate Index Series is designed to represent general trends in eligible real estate equities worldwide. Relevant activities are defined as the ownership, trading and development of income-producing real estate.

FTSE Nareit All Equity REITs equity market capitalization = $1.253 trillion; 219 REITs are in the FTSE Nareit All REITs Index. 184 REITs trade on the New York Stock Exchange. NYSE listed REITs equity market capitalization = $1.194 trillion; Dividends . Yield Comparison . FTSE Nareit All REITs: 3.99%; FTSE Nareit All Equity REITs: 3.63%; S&P 500: 1.86%

Index performance is not indicative of fund performance. Sources: Bloomberg, NAREIT, S&P through 6/30/18. Note: Returns for both the FTSE NAREIT Equity  FTSE NAREIT Equity REITs Index is shown as a proxy for REIT monthly returns. Past performance is no guarantee of future results. You cannot invest directly in  Quarterly Returns in USD. REITs measured by FTSE EPRA/NAREIT US REIT Index, Equities by S&P 500 Index, and IG Credit by. Bloomberg Barclays US  Overview; Performance; Portfolio; Distributions; Documents The FTSE NAREIT All Equity REITs Index is an unmanaged index considered representative of  9 May 2018 Public and private measures of hotel returns, 2001-2002. 2. End of 3rd. Quarter FTSE Nareit PureProperty® Index. CoStar Commercial RSI. We used a longer history of index returns provided by FTSE EPRA/NAREIT and detailed information on the composition of the indices in terms of constituents and . 7 Sep 2017 Quarterly total returns to the FTSE NAREIT All Equity REITs Index and the NCREIF Property Index.