Northern Trust’s FlexShares launched a suite of dividend exchange traded funds, adding to the growing number of income-generating investment options as investors scrounge for yields.

On Wednesday, three new FlexShares ETFs started trading:

FlexShares Quality Dividend Index Fund (NYSEArca: QDF). QDF tries to reflect the performance of the Northern Trust Quality Dividend Index, which holds high-quality income-oriented U.S. companies with a targeted overall beta similar to the Northern Trust 1250 Index, or the parent index.

Sector allocations include financials 19.5%, information technology 15.6%, energy 12.2%, consumer staples 10.1%, consumer discretionary 9.2%, health care 8.9%, industrials 7.8%, utilities 6.6%, telecom services 5.3% and materials 4.8%.

FlexShares Quality Dividend Dynamic Index Fund (NYSEArca: QDYN). QDYN tries to reflect the performance of the Northern Trust Quality Dividend Dynamic Index, which has a targeted overall beta that is between 1.0 to 1.5 times that of the parent index.

Sector allocations include financials 19.5%, information tech 15.6%, consumer discretionary 11.3%, energy 10.4%, industrials 10.4%, health care 8.8%, consumer staples 7.1%, utilities 6.5%, telecom services 5.3% and materials 5.1%.

FlexShares Quality Dividend Defensive Index Fund (NYSEArca: QDEF). QDEF tries to reflect the performance of the Northern Trust Quality Dividend Defensive Index, which has a targeted overall beta that is between 0.5 to 1.0 times that of the parent index.

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