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First Trust S&P REIT Index Fund
ETF
FRI
Payout Change
Pending
Price as of:
$29.5484
+0.19
+0.64%
primary theme
Real Estate Sector Equity
FRI (ETF)
First Trust S&P REIT Index Fund
Payout Change
Pending
Price as of:
$29.5484
+0.19
+0.64%
primary theme
Real Estate Sector Equity
FRI (ETF)
First Trust S&P REIT Index Fund
Payout Change
Pending
Price as of:
$29.5484
+0.19
+0.64%
primary theme
Real Estate Sector Equity
Name
As of 11/22/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
14.7%
1 yr return
28.4%
3 Yr Avg Return
0.6%
5 Yr Avg Return
5.3%
Net Assets
$118 M
Holdings in Top 10
49.2%
52 WEEK LOW AND HIGH
$29.4
$23.72
$29.98
Expenses
OPERATING FEES
Expense Ratio 0.53%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 11/22/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
FRI - Profile
Distributions
- YTD Total Return 14.7%
- 3 Yr Annualized Total Return 0.6%
- 5 Yr Annualized Total Return 5.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.04%
- Dividend Yield 1.3%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameFirst Trust S&P REIT Index Fund
-
Fund Family NameFirst Trust Advisors L.P.
-
Inception DateMay 08, 2007
-
Shares Outstanding7850002
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJon Erickson
Fund Description
The Fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Index is developed, maintained and sponsored by S&P Dow Jones Indices LLC (the “Index Provider”). The Index Provider reserves the right to make exceptions when applying the methodology if the need arises. In addition, the Index Provider may revise Index policy covering rules for selecting companies, treatment of dividends, share counts or other matters.The Index seeks to measure the performance of publicly-traded real estate investment trusts ("REITs") domiciled in the United States that meet certain eligibility requirements. Generally, REITs are companies that own and most often actively manage income-generating commercial real estate. Some REITs make or invest in loans and other obligations that are secured by real estate collateral. REITs receive special tax considerations and can be a liquid method of investing in real estate.The S&P Global Property Index, which is a market capitalization-weighted index that contains property companies engaged in real estate ownership, development and/or management that trade in developed and emerging countries, serves as the initial universe for the Index. According to the Index Provider, the constituents of the S&P Global Property Index are drawn from the S&P Global Broad Market Index, which is an index that measures global stock market performance and excludes securities issued by companies with a float-adjusted market capitalization of less than or equal to $100 million.According to the Index Provider, the Index does not include timber REITs, mortgage REITs,tower REITs or mortgage-backed REITs. The Index may contain securities issued by small, mid and large capitalization companies. Securities selected for inclusion in the Index are weighted pursuant to a float-adjusted market capitalization weighted methodology. The Index Provider may make changes to the Index’s methodology or constituents on an as-needed basis.The Index is rebalanced quarterly and the Fund will make corresponding changes to its portfolio shortly after the Index changes are made public. The Index’s quarterly rebalance schedule may cause the Fund to experience a higher rate of portfolio turnover. The Fund will be concentrated in an industry or a group of industries to the extent that the Index is so concentrated. As of March 28, 2024, the Index was composed of 132 securities and the Fund had significant investments in real estate companies, although this may change from time to time. The Fund’s investments will change as the Index changes and, as a result, the Fund may have significant investments in jurisdictions or investment sectors that it may not have had as of March 28, 2024. To the extent the Fund invests a significant portion of its assets in a given jurisdiction or investment sector, the Fund may be exposed to the risks associated with that jurisdiction or investment sector.
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FRI - Performance
Return Ranking - Trailing
| Period | FRI Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 14.7% | -5.9% | 21.2% | 19.59% |
| 1 Yr | 28.4% | -8.5% | 34.5% | 15.51% |
| 3 Yr | 0.6%* | -12.6% | 5.3% | 26.34% |
| 5 Yr | 5.3%* | -12.1% | 14.7% | 31.00% |
| 10 Yr | 6.0%* | -2.1% | 14.5% | 46.63% |
* Annualized
Return Ranking - Calendar
| Period | FRI Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 9.4% | -16.2% | 24.6% | 29.51% |
| 2022 | -26.4% | -51.3% | 2.5% | 15.64% |
| 2021 | 40.3% | -7.7% | 52.3% | 10.33% |
| 2020 | -11.0% | -42.2% | 35.0% | 72.49% |
| 2019 | 20.8% | 0.0% | 43.1% | 38.74% |
Total Return Ranking - Trailing
| Period | FRI Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 14.7% | -5.9% | 21.2% | 19.59% |
| 1 Yr | 28.4% | -8.5% | 34.5% | 15.51% |
| 3 Yr | 0.6%* | -12.6% | 5.3% | 26.34% |
| 5 Yr | 5.3%* | -12.1% | 14.7% | 31.00% |
| 10 Yr | 6.0%* | -2.1% | 14.5% | 46.63% |
* Annualized
Total Return Ranking - Calendar
| Period | FRI Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 13.3% | -13.7% | 25.0% | 23.36% |
| 2022 | -24.7% | -40.7% | 7.8% | 23.46% |
| 2021 | 42.6% | 7.8% | 54.6% | 30.58% |
| 2020 | -8.0% | -36.6% | 44.3% | 77.73% |
| 2019 | 23.7% | 4.1% | 46.4% | 77.03% |
FRI - Holdings
Concentration Analysis
| FRI | Category Low | Category High | FRI % Rank | |
|---|---|---|---|---|
| Net Assets | 118 M | 1.32 M | 61.4 B | 77.73% |
| Number of Holdings | 134 | 22 | 519 | 11.43% |
| Net Assets in Top 10 | 57.5 M | 697 K | 32.8 B | 76.73% |
| Weighting of Top 10 | 49.20% | 13.2% | 90.0% | 75.51% |
Top 10 Holdings
- Prologis Inc 9.83%
- Equinix Inc 6.79%
- Welltower Inc 5.89%
- Simon Property Group Inc 4.68%
- Digital Realty Trust Inc 4.66%
- Realty Income Corp 4.35%
- Public Storage 4.30%
- Extra Space Storage Inc 3.11%
- VICI Properties Inc 2.82%
- AvalonBay Communities Inc 2.78%
Asset Allocation
| Weighting | Return Low | Return High | FRI % Rank | |
|---|---|---|---|---|
| Stocks | 99.59% | 0.00% | 105.52% | 17.55% |
| Cash | 0.41% | -42.50% | 24.34% | 82.86% |
| Preferred Stocks | 0.00% | 0.00% | 31.13% | 56.73% |
| Other | 0.00% | -89.90% | 104.09% | 60.00% |
| Convertible Bonds | 0.00% | 0.00% | 10.95% | 50.82% |
| Bonds | 0.00% | 0.00% | 155.83% | 54.69% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FRI % Rank | |
|---|---|---|---|---|
| Real Estate | 100.00% | 34.46% | 100.00% | 17.17% |
| Utilities | 0.00% | 0.00% | 3.55% | 47.21% |
| Technology | 0.00% | 0.00% | 12.02% | 59.23% |
| Industrials | 0.00% | 0.00% | 7.39% | 51.93% |
| Healthcare | 0.00% | 0.00% | 0.53% | 48.50% |
| Financial Services | 0.00% | 0.00% | 37.05% | 53.22% |
| Energy | 0.00% | 0.00% | 33.11% | 48.93% |
| Communication Services | 0.00% | 0.00% | 11.61% | 53.22% |
| Consumer Defense | 0.00% | 0.00% | 0.93% | 47.21% |
| Consumer Cyclical | 0.00% | 0.00% | 45.29% | 67.38% |
| Basic Materials | 0.00% | 0.00% | 13.69% | 50.64% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FRI % Rank | |
|---|---|---|---|---|
| US | 99.59% | 0.00% | 105.52% | 14.29% |
| Non US | 0.00% | 0.00% | 37.90% | 52.24% |
FRI - Expenses
Operational Fees
| FRI Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.53% | 0.07% | 8.91% | 89.26% |
| Management Fee | 0.30% | 0.00% | 1.50% | 7.76% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 8.26% |
| Administrative Fee | N/A | 0.01% | 0.45% | N/A |
Sales Fees
| FRI Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
| FRI Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| FRI Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 0.11% | 380.00% | 6.67% |
FRI - Distributions
Dividend Yield Analysis
| FRI | Category Low | Category High | FRI % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.33% | 0.00% | 13.03% | 39.18% |
Dividend Distribution Analysis
| FRI | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annual | Quarterly | Quarterly |
Net Income Ratio Analysis
| FRI | Category Low | Category High | FRI % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.04% | -1.14% | 6.05% | 16.53% |
Capital Gain Distribution Analysis
| FRI | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Sep 26, 2024 | $0.098 | OrdinaryDividend |
| Jun 27, 2024 | $0.280 | OrdinaryDividend |
| Mar 21, 2024 | $0.098 | OrdinaryDividend |
| Dec 22, 2023 | $0.280 | OrdinaryDividend |
| Jun 27, 2023 | $0.340 | OrdinaryDividend |
| Mar 24, 2023 | $0.231 | OrdinaryDividend |
| Dec 23, 2022 | $0.240 | OrdinaryDividend |
| Sep 23, 2022 | $0.133 | OrdinaryDividend |
| Jun 24, 2022 | $0.139 | OrdinaryDividend |
| Mar 25, 2022 | $0.091 | OrdinaryDividend |
| Dec 23, 2021 | $0.242 | OrdinaryDividend |
| Sep 23, 2021 | $0.060 | OrdinaryDividend |
| Jun 24, 2021 | $0.109 | OrdinaryDividend |
| Mar 25, 2021 | $0.060 | OrdinaryDividend |
| Dec 24, 2020 | $0.267 | OrdinaryDividend |
| Sep 24, 2020 | $0.109 | OrdinaryDividend |
| Jun 25, 2020 | $0.180 | OrdinaryDividend |
| Mar 26, 2020 | $0.160 | OrdinaryDividend |
| Dec 13, 2019 | $0.206 | OrdinaryDividend |
| Sep 25, 2019 | $0.180 | OrdinaryDividend |
| Jun 14, 2019 | $0.099 | OrdinaryDividend |
| Mar 21, 2019 | $0.111 | OrdinaryDividend |
| Dec 18, 2018 | $0.302 | OrdinaryDividend |
| Sep 14, 2018 | $0.219 | OrdinaryDividend |
| Jun 21, 2018 | $0.129 | OrdinaryDividend |
| Mar 22, 2018 | $0.044 | OrdinaryDividend |
| Dec 21, 2017 | $0.296 | OrdinaryDividend |
| Sep 21, 2017 | $0.122 | OrdinaryDividend |
| Jun 22, 2017 | $0.136 | OrdinaryDividend |
| Mar 23, 2017 | $0.103 | OrdinaryDividend |
| Dec 21, 2016 | $0.390 | OrdinaryDividend |
| Sep 21, 2016 | $0.093 | OrdinaryDividend |
| Jun 22, 2016 | $0.123 | OrdinaryDividend |
| Mar 23, 2016 | $0.147 | OrdinaryDividend |
| Dec 23, 2015 | $0.238 | OrdinaryDividend |
| Sep 23, 2015 | $0.120 | OrdinaryDividend |
| Jun 24, 2015 | $0.162 | OrdinaryDividend |
| Mar 25, 2015 | $0.068 | OrdinaryDividend |
| Dec 23, 2014 | $0.219 | OrdinaryDividend |
| Sep 23, 2014 | $0.091 | OrdinaryDividend |
| Jun 24, 2014 | $0.084 | OrdinaryDividend |
| Mar 25, 2014 | $0.066 | OrdinaryDividend |
| Dec 18, 2013 | $0.185 | OrdinaryDividend |
| Sep 20, 2013 | $0.167 | OrdinaryDividend |
| Jun 21, 2013 | $0.120 | OrdinaryDividend |
| Mar 21, 2013 | $0.071 | OrdinaryDividend |
| Dec 21, 2012 | $0.107 | OrdinaryDividend |
| Dec 21, 2012 | $0.034 | CapitalGainLongTerm |
| Sep 21, 2012 | $0.088 | OrdinaryDividend |
| Jun 21, 2012 | $0.175 | OrdinaryDividend |
| Dec 21, 2011 | $0.146 | OrdinaryDividend |
| Jun 21, 2011 | $0.195 | OrdinaryDividend |
| Dec 21, 2010 | $0.199 | OrdinaryDividend |
| Jun 22, 2010 | $0.100 | OrdinaryDividend |
| Dec 22, 2009 | $0.112 | OrdinaryDividend |
| Jun 23, 2009 | $0.163 | OrdinaryDividend |
| Dec 23, 2008 | $0.101 | OrdinaryDividend |
| Jun 23, 2008 | $0.210 | OrdinaryDividend |
| Dec 21, 2007 | $0.375 | OrdinaryDividend |
FRI - Fund Manager Analysis
Managers
Jon Erickson
Start Date
Tenure
Tenure Rank
May 08, 2007
15.07
15.1%
Jon C. Erickson, CFA, was born in 1966. Mr. Erickson earned a B.S. in Computer Science from the University of Illinois and has an MBA from the University of Illinois in Finance. He has been with First Trust Advisors L.P. since 1994 and he is a Portfolio Manager and Senior Vice President. As the head of FTA’s Equity Research Group, Mr. Erickson shall be responsible for determining the securities to be purchased and sold by Funds that do not utilize quantitative investment strategies on behalf of the Investment Committee.
David McGarel
Start Date
Tenure
Tenure Rank
May 08, 2007
15.07
15.1%
David G. McGarel, CFA, was born in 1966. Mr. McGarel earned a B.S. in Accounting from the University of Notre Dame. He has been with First Trust Advisors L.P. since 1997 and he is a Managing Director, Chief Operating Officer and the Chief Investment Officer. As head of FTA’s Strategy Research Group, Mr. McGarel shall be responsible for developing and implementing quantitative investment strategies for those Funds that have investment policies that require them to follow such strategies, on behalf of the Investment Committee.
Stan Ueland
Start Date
Tenure
Tenure Rank
May 08, 2007
15.07
15.1%
Mr. Ueland joined First Trust Advisors as a Vice President in August 2005 and has been a Senior Vice President of First Trust and FTP since September 2012. At First Trust, he plays an important role in executing the investment strategies of each portfolio of exchange-traded funds advised by First Trust. Before joining First Trust, he was vice president of sales at BondWave LLC from May 2004 through August 2005, an account executive for Mina Capital Management LLC and Samaritan Asset Management LLC from January 2003 through May 2004, and a sales consultant at Oracle Corporation from January 1997 through January 2003.
Roger Testin
Start Date
Tenure
Tenure Rank
May 08, 2007
15.07
15.1%
Roger F. Testin, CFA, was born in 1966. Mr. Testin earned a B.S. in Accounting from the University of Illinois and has an MBA in Finance from the University of Chicago. He has been with First Trust Advisors L.P. since 2001 and he is a Portfolio Manager and Senior Vice President. As Product Manager for the VA’s, SMA’s and International Managed Products, Mr. Testin shall be responsible for the daily implementation and execution of the strategies for these product vehicles on behalf of the Investment Committee.
Daniel Lindquist
Start Date
Tenure
Tenure Rank
May 08, 2007
15.07
15.1%
Daniel J. Lindquist, CFA, was born in 1970. Mr. Lindquist earned a B.A. in Business Economics from Wheaton College and has an MBA in Finance from the University of Chicago. He has been with First Trust Advisors L.P. since 2004 and is a Managing Director. Mr. Lindquist is the Chairman of the Investment Committee and is responsible for the overall supervision of the Separate Managed Accounts.
Chris Peterson
Start Date
Tenure
Tenure Rank
Mar 18, 2016
6.21
6.2%
Chris A. Peterson, CFA was born in 1975. Mr. Peterson earned a B.S in Finance from Bradley University and has an MBA from the University of Chicago Booth School of Business with concentrations in Analytic Finance & Accounting. He has been with First Trust Advisors L.P. since 2000. As head of FTA’s Portfolio Advisor’s Strategy Research Group, Mr. Peterson shall be responsible for developing and implementing quantitative equity strategies on behalf of the Investment Committee.
Erik Russo
Start Date
Tenure
Tenure Rank
Dec 31, 2020
1.41
1.4%
Mr. Russo is a Vice President of First Trust. He is responsible for implementing the investment strategies of each portfolio of exchange-traded funds advised by First Trust in his role as a Portfolio Manager. Mr. Russo joined First Trust in January of 2010.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.01 | 28.42 | 8.3 | 2.68 |
