First Trust S&P REIT Index Fund (FRI)
| Assets | $195.36M |
| Expense Ratio | 0.50% |
| PE Ratio | 32.64 |
| Shares Out | 6.65M |
| Dividend (ttm) | $0.76 |
| Dividend Yield | 2.62% |
| Ex-Dividend Date | Sep 26, 2024 |
| Payout Ratio | 85.56% |
| 1-Year Return | +34.11% |
| Volume | 42,441 |
| Open | 29.08 |
| Previous Close | 29.39 |
| Day's Range | 28.82 - 29.29 |
| 52-Week Low | 22.27 |
| 52-Week High | 30.15 |
| Beta | 1.04 |
| Holdings | 137 |
| Inception Date | May 8, 2007 |
About FRI
Fund Home PageThe First Trust S&P REIT Index Fund (FRI) is an exchange-traded fund that is based on the S&P United States REIT index, a market-cap-weighted index of US companies involved in the ownership and operation of real estate FRI was launched on May 8, 2007 and is issued by First Trust.
Top 10 Holdings
48.99% of assets| Name | Symbol | Weight |
|---|---|---|
| Prologis, Inc. | PLD | 8.84% |
| Equinix, Inc. | EQIX | 7.12% |
| Welltower Inc. | WELL | 6.60% |
| Digital Realty Trust, Inc. | DLR | 4.62% |
| Public Storage | PSA | 4.36% |
| Simon Property Group, Inc. | SPG | 4.35% |
| Realty Income Corporation | O | 4.34% |
| Iron Mountain Incorporated | IRM | 3.09% |
| Extra Space Storage Inc. | EXR | 2.88% |
| VICI Properties Inc. | VICI | 2.80% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 26, 2024 | $0.0984 | Sep 30, 2024 |
| Jun 27, 2024 | $0.2796 | Jun 28, 2024 |
| Mar 21, 2024 | $0.0975 | Mar 28, 2024 |
| Dec 22, 2023 | $0.2802 | Dec 29, 2023 |
| Jun 27, 2023 | $0.3398 | Jun 30, 2023 |
| Mar 24, 2023 | $0.2309 | Mar 31, 2023 |
News
The State Of REITs: October 2024 Edition
REITs achieved their 5th straight month in the black with a +3.09% average total return in September and +9.61% year to date. Mid-cap (+5.01%), large cap (+3.41%) and small cap REITs (+2.59%) averaged...
U.S. REITs Log Dip In Short Interest In September
Average REIT short interest fell 8 basis points in September to 3.7% of shares outstanding, per S&P Global Market Intelligence data. The hotel sector followed with a 60-basis point drop, while the off...
Perspectives: Listed REITs - Fall Edition
Public REITs have benefited from a great rotation within equity markets since the end of June, with U.S. REITs returning 13.2% vs. S&P 500 3.7%. Clear evidence of a growth slowdown and moderating infl...
Canadian REITs: Higher Yield Up North
For income-focused investors willing to venture outside the United States, Canadian REITs offer appealing qualities as a potential portfolio diversifier alongside their larger and more established U.S...
REITs Are Still Undervalued Despite Recent Outperformance
REITs have outperformed the broader market since early July, prompting a valuation check to ensure they haven't become overvalued. Using a bottom-up methodology, REITs trade at a market cap weighted A...
The REIT Comeback: Earnings Recap
Over 200 U.S. REITs and homebuilders have reported second-quarter earnings results over the past six weeks, providing critical information on the state of the commercial and residential real estate in...
REIT Earnings Halftime Report
We're at the halfway point of another consequential real estate earnings season, with 75 of the roughly 150 equity REITs and 19 of 38 mortgage REITs now having reported results. Amid an otherwise unde...
The State Of REITs: July 2024
The REIT sector continued to recover in June with a +1.12% average total return, but closed out the first half of the year in the red (-3.86%). Micro cap REITs (-3.79%) averaged a negative total retur...
Why REIT's Didn't Grow In 2023
REIT FFO/share growth in 2023 was stalled due to increased insurance premiums and property taxes. Property taxes jumped from $170B to almost $200B in 2023, while insurance costs doubled as a percentag...
The State Of REITs: May 2024 Edition
With a -4.27% average total return in April, REITs have now seen declines in 3 of the first 4 months of 2024. Micro caps (-2.71%) and small caps (-2.87%) averaged low single digit declines in April, w...
2 Years Of Gloom Have Done Interesting Things To REIT Valuation
REITs experienced a 26% drop in prices due to rising interest rates, creating opportunities for investors. Despite the overall decline, many REIT sectors, such as industrial, multifamily, and manufact...
The State Of REITs: April 2024 Edition
REITs bounced back from a rough start to the year with a strong +3.26% average total return in March. Mid cap (+5.04%), small cap (+3.90%) and large cap REITs (+2.32%) averaged gains in March, while m...
