September 27, 2021 FTSE Nareit U.S. Real Estate Index Series Daily Returns September 27, 2021 US Treasury Standard & Poors Dow Jones Russell 2000 Total Return Indexes Nasdaq FTSE Nareit All REITs Date 10-Year Note1 S&P 500 Utilities Industrials 2000 Growth Value Composite Total Price End of Year Values 2016 2.43 4,278.66 608.06 41,619.65 6,589.05 5,439.02 10,744.31 6,121.12 6,539.68 196.21 2017 2.41 5,212.76 681.67 53,317.96 7,554.17 6,644.67 11,586.44 7,935.29 7,145.73 205.57 2018 2.69 4,984.22 709.69 51,462.77 6,722.15 6,026.19 10,095.96 7,709.91 6,852.72 188.43 2019 1.91 6,553.57 896.67 64,505.48 8,437.98 7,742.66 12,356.85 10,539.04 8,776.18 231.68 2020 0.87 7,759.35 901.01 70,778.10 10,122.27 10,424.12 12,929.50 15,272.97 8,261.85 209.94 End of Month Values May-21 1.53 8,738.77 942.90 80,519.36 11,671.26 10,851.65 16,480.66 16,339.43 9,745.18 245.01 Jun-21 1.40 8,942.78 922.46 80,534.90 11,897.38 11,360.59 16,380.80 17,245.62 10,012.26 250.43 Jul-21 1.18 9,155.21 962.43 81,612.53 11,467.78 10,946.82 15,794.46 17,450.67 10,413.90 260.17 Aug-21 1.23 9,433.58 1,000.71 82,836.71 11,724.30 11,145.77 16,217.37 18,163.09 10,636.99 265.43 End of Week Values 3-Sep-21 1.25 9,462.54 1,014.29 82,881.78 11,819.59 11,295.56 16,258.97 18,289.36 10,845.45 270.60 10-Sep-21 1.26 9,304.03 999.06 81,133.49 11,488.85 10,973.26 15,813.50 17,995.29 10,410.55 259.63 17-Sep-21 1.30 9,253.57 968.67 81,096.45 11,540.62 11,046.91 15,847.88 17,912.32 10,411.17 259.19 24-Sep-21 1.39 9,301.49 957.37 81,596.19 11,599.53 11,088.24 15,951.94 17,918.33 10,317.69 256.73 Current Week's Daily Index Values 27-Sep-21 1.42 9,275.87 945.83 81,763.54 11,769.52 11,185.72 16,285.85 17,825.94 10,182.51 253.27 US Treasury Standard & Poors Dow Jones Russell 2000 Total Return Indexes Nasdaq FTSE Nareit All REITs Date 10-Year Note1 S&P 500 Utilities Industrials 2000 Growth Value Composite Total Price Annual Percentage Change 2017 -0.02 21.83 12.11 28.11 14.65 22.17 7.84 29.64 9.27 4.77 2018 0.28 -4.38 4.11 -3.48 -11.01 -9.31 -12.86 -2.84 -4.10 -8.34 2019 -0.78 31.49 26.35 25.34 25.52 28.48 22.39 36.69 28.07 22.95 2020 -1.04 18.40 0.48 9.72 19.96 34.63 4.63 44.92 -5.86 -9.38 2021 0.55 19.54 4.97 15.52 16.27 7.31 25.96 16.72 23.25 20.64 Monthly Percentage Change (Including Current Month to Date) Jun-21 -0.13 2.33 -2.17 0.02 1.94 4.69 -0.61 5.55 2.74 2.21 Jul-21 -0.22 2.38 4.33 1.34 -3.61 -3.64 -3.58 1.19 4.01 3.89 Aug-21 0.05 3.04 3.98 1.50 2.24 1.82 2.68 4.08 2.14 2.02 Sep-21 0.19 -1.67 -5.48 -1.30 0.39 0.36 0.42 -1.86 -4.27 -4.58 Weekly Percentage Change (Including Current Week to Date) 10-Sep-21 0.02 -1.68 -1.50 -2.11 -2.80 -2.85 -2.74 -1.61 -4.01 -4.06 17-Sep-21 0.04 -0.54 -3.04 -0.05 0.45 0.67 0.22 -0.46 0.01 -0.17 24-Sep-21 0.09 0.52 -1.17 0.62 0.51 0.37 0.66 0.03 -0.90 -0.95 27-Sep-21 0.03 -0.28 -1.21 0.21 1.47 0.88 2.09 -0.52 -1.31 -1.35 Latest Daily Percentage Change 27-Sep-21 0.03 -0.28 -1.21 0.21 1.47 0.88 2.09 -0.52 -1.31 -1.35 Source: FTSE™, Factset, Nareit®. Notes: 1 Ten-year Treasury Note yield changes in percentage points. September 27, 2021 FTSE Nareit All REITs FTSE Nareit Composite FTSE Nareit Real Estate 501 FTSE Nareit All Equity REITs FTSE Nareit Equity REITs FTSE Nareit Mortgage REITs Returns (%) Dividend Returns (%) Dividend Returns (%) Dividend Returns (%) Dividend Returns (%) Dividend Returns (%) Dividend Period Total Price Yield2 Total Price Yield2 Total Price Yield2 Total Price Yield2 Total Price Yield2 Total Price Yield2 Annual (including current year to date) 2016 9.28 4.97 4.32 9.37 5.05 4.34 5.52 1.91 3.93 8.63 4.77 3.96 8.52 4.63 4.01 22.85 10.00 10.60 2017 9.27 4.77 4.27 9.29 4.76 4.29 9.23 5.01 3.78 8.67 4.52 3.94 5.23 1.04 4.15 19.79 8.73 9.83 2018 -4.10 -8.34 4.80 -3.94 -8.21 4.82 -2.12 -6.02 4.20 -4.04 -7.95 4.37 -4.62 -8.72 4.63 -2.52 -12.30 11.48 2019 28.07 22.95 4.06 28.21 23.03 4.07 29.22 24.59 3.52 28.66 23.95 3.70 26.00 21.07 3.97 21.33 9.62 9.77 2020 -5.86 -9.38 3.84 -5.98 -9.51 3.84 -2.77 -6.16 3.45 -5.12 -8.40 3.56 -8.00 -11.52 3.86 -18.77 -26.77 8.99 2021 23.25 20.64 3.11 23.27 20.66 3.12 24.04 21.49 2.90 23.45 20.98 2.86 24.60 21.98 3.04 19.84 14.52 8.09 Quarter (including current quarter to date) 2020: Q2 13.96 12.85 4.33 14.13 13.02 4.31 14.25 13.20 3.78 13.25 12.23 3.97 11.82 10.74 4.46 37.85 34.07 11.64 Q3 1.46 0.57 4.15 1.42 0.51 4.14 2.04 1.17 3.65 1.19 0.36 3.84 1.44 0.50 4.28 6.41 3.82 10.54 Q4 9.18 8.20 3.84 8.96 7.98 3.84 6.40 5.51 3.45 8.15 7.27 3.56 11.57 10.59 3.86 26.22 23.06 8.99 2021: Q1 8.48 7.64 3.56 8.50 7.66 3.57 7.95 7.16 3.26 8.32 7.55 3.31 8.87 8.00 3.57 11.87 9.84 8.27 Q2 11.71 10.82 3.10 11.75 10.85 3.10 12.62 11.74 2.88 12.03 11.20 2.85 12.02 11.18 3.04 6.69 4.58 7.97 Q3 1.70 1.13 3.11 1.67 1.10 3.12 2.04 1.45 2.90 1.73 1.17 2.86 2.17 1.59 3.04 0.40 -0.31 8.09 Month (including current month to date) April 7.89 7.71 3.32 7.93 7.75 3.32 8.33 8.15 3.02 8.12 7.95 3.07 8.06 7.91 3.31 4.50 4.09 8.03 May 0.78 0.65 3.16 0.80 0.67 3.17 1.15 1.02 2.94 0.82 0.70 2.91 1.02 0.87 3.11 0.33 0.12 8.04 June 2.74 2.21 3.10 2.72 2.19 3.10 2.79 2.27 2.88 2.77 2.29 2.85 2.61 2.14 3.04 1.76 0.35 7.97 July 4.01 3.89 2.98 4.03 3.90 2.99 4.60 4.49 2.77 4.36 4.25 2.73 4.81 4.67 2.91 -2.55 -2.93 8.25 August 2.14 2.02 2.93 2.12 2.00 2.94 2.42 2.31 2.71 2.08 1.97 2.69 1.84 1.70 2.87 2.88 2.66 8.05 September -4.27 -4.58 3.11 -4.30 -4.60 3.12 -4.76 -5.11 2.90 -4.51 -4.83 2.86 -4.28 -4.57 3.04 0.14 0.04 8.09 Week (including current week to date) 27-Aug-21 0.35 0.34 2.97 0.33 0.32 2.98 -0.16 -0.16 2.76 0.19 0.18 2.73 0.66 0.66 2.91 3.22 3.22 8.03 3-Sep-21 3.45 3.42 2.87 3.49 3.46 2.88 3.90 3.88 2.66 3.68 3.65 2.63 3.44 3.42 2.81 -0.30 -0.43 8.07 10-Sep-21 -4.01 -4.06 3.00 -4.01 -4.06 3.01 -3.98 -4.04 2.78 -4.06 -4.11 2.75 -4.12 -4.18 2.95 -2.88 -2.88 8.31 17-Sep-21 0.01 -0.17 3.03 0.01 -0.16 3.03 -0.17 -0.37 2.81 -0.06 -0.24 2.78 -0.24 -0.41 2.98 1.36 1.35 8.20 24-Sep-21 -0.90 -0.95 3.07 -0.93 -0.99 3.07 -1.15 -1.20 2.85 -1.04 -1.09 2.81 -0.60 -0.66 3.01 1.17 1.08 8.16 27-Sep-21 -1.31 -1.35 3.11 -1.33 -1.36 3.12 -1.60 -1.65 2.90 -1.44 -1.48 2.86 -1.25 -1.25 3.04 0.84 0.84 8.09 Historical (compound annual rates at month-end) 1-Year 36.98 32.55 36.72 32.27 35.67 31.49 36.09 32.03 40.49 36.01 49.58 37.03 3-Year 12.48 8.21 12.52 8.22 15.50 11.50 13.09 9.15 11.11 6.94 3.25 -6.55 5-Year 9.26 4.94 9.30 4.96 10.48 6.49 9.42 5.44 7.64 3.49 7.19 -3.03 10-Year 11.37 6.82 11.22 6.66 11.48 7.31 11.51 7.51 10.60 6.44 7.66 -3.43 15-Year 7.31 2.61 7.18 2.44 7.68 3.31 7.62 3.45 7.03 2.76 2.29 -8.75 20-Year 10.36 5.06 10.26 4.93 10.81 5.97 10.75 5.93 10.30 5.41 6.23 -5.38 25-Year 10.17 4.40 10.09 4.30 - - 10.67 5.31 10.31 4.90 5.09 -6.17 30-Year 10.74 4.51 10.67 4.43 - - 11.30 5.56 11.00 5.21 6.30 -5.28 35-Year 9.22 2.33 9.17 2.27 - - 10.32 4.07 10.06 3.78 4.80 -6.81 40-Year 10.53 3.18 10.48 3.12 - - 11.82 5.14 11.59 4.88 6.23 -5.48 Source: FTSE™, Factset, Nareit®.