What JLF Aims to Be

Since its IPO in 2005, Japan Logistics Fund, Inc. (JLF) has achieved steady growth in distributions per unit (DPU) and NAV* per unit primarily through its investments in logistics properties.
Moving forward, JLF will continue operations aimed at achieving stability and growth in DPU.
* NAV: Net Asset Value = Total net assets + Unrealized gain

Changes of DPU

• Figures at or before FP Jan. 2014 reflect investment unit split.
• The figure at FP Jan. 2006 is adjusted by dividing the actual DPU by the actual operating period of 268 days and then multiplying it by the calculation period of 182.5 days, which is half a year.
• Figures at FP Jan. 2015, FP Jan. 2019, FP Jul. 2020, FP Jul.2024 and FP Jan. 2025 include gain on sales of real estate properties.

DPU growth

CAGR since IPO (to the most recent period)

4.6%

Changes of NAV per unit

• Figures at or before FP Jan. 2014 reflect investment unit split.

Nav per unit growth

CAGR since IPO (to the most recent period)

5.6%