TLTE ETF — FlexShares Morningstar Emerging Markets Factor Tilt Index Fund

FlexShares Morningstar Emerging Markets Factor Tilt Index Fund (TLTE)

Updated October 16, 2026.

TLTE is an ETF. its distribution rate is 3.22%, its trailing-12-month yield is 3.45%, its expense ratio is 0.57%. Dividend Vision Distribution Safety Score™ is 54/100 (Caution). Total return is 110.2% over the past 14 years, 463.8 points behind SPY at 574.0%.

FlexShares Morningstar Emerging Markets Factor Tilt Index Fund is an ETF that tracks emerging market equities with a tilt toward size and value factors, holding at least 80% of assets in securities from the underlying index. The fund carries a modest current distribution rate paid quarterly and has an expense ratio of 0.57%. It appeals to equity investors seeking emerging market exposure with a value and small-cap emphasis.

TLTE performance versus SPY

Price and return data through 2026-10-16.

Total return is 110.2% over the past 14 years, 463.8 points behind SPY at 574.0%. Over the past year its total return — price change plus distributions reinvested — is 17.8%. Its deepest 1-year drawdown was 13.0%.

TLTE key facts

Distribution Safety Score™

54 · Caution

Safety-Adjusted Yield

1.74%

Issuer

Northern Trust

Asset type

ETF

Asset class

Equity

Inception date

09/25/2012

Expense ratio

0.57%

Distribution rate

3.22%

Distribution frequency

Quarterly

Trailing yield

3.45%

Last close

$72.47 (as of 2026-10-16)

AUM

$344,756,329

Average volume

10100.0

Dividend

$0.583

Ex-dividend date

09/18/2026

Payment date

09/24/2026

Beta

1.06

How Dividend Vision calculates yield and returns

Distribution rate (3.22%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (3.45%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Northern Trust; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

TLTE risks and drawbacks

TLTE's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 13.0%.

Who may consider TLTE — and who may not

TLTE may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (TLTE pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on TLTE

• All tickers starting with T

Tagged: Emerging Markets, International, Index.

Frequently asked questions

More securities from Northern Trust.