First Trust S&P REIT Index Fund (FRI)
| Assets | $156.95M |
| Expense Ratio | 0.49% |
| PE Ratio | 34.01 |
| Shares Out | 5.55M |
| Dividend (ttm) | $0.84 |
| Dividend Yield | 3.02% |
| Ex-Dividend Date | Jun 26, 2025 |
| Payout Frequency | Quarterly |
| Payout Ratio | 102.22% |
| Volume | 8,002 |
| Open | 28.08 |
| Previous Close | 28.02 |
| Day's Range | 27.93 - 28.34 |
| 52-Week Low | 23.15 |
| 52-Week High | 30.40 |
| Beta | 1.01 |
| Holdings | 136 |
| 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
50.41% of assets| Name | Symbol | Weight |
|---|---|---|
| Prologis, Inc. | PLD | 9.01% |
| Welltower Inc. | WELL | 8.85% |
| Equinix, Inc. | EQIX | 6.50% |
| Simon Property Group, Inc. | SPG | 4.72% |
| Digital Realty Trust, Inc. | DLR | 4.62% |
| Realty Income Corporation | O | 4.59% |
| Public Storage | PSA | 3.89% |
| VICI Properties Inc. | VICI | 2.95% |
| Ventas, Inc. | VTR | 2.65% |
| Extra Space Storage Inc. | EXR | 2.63% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 26, 2025 | $0.1918 | Jun 30, 2025 |
| Mar 27, 2025 | $0.117 | Mar 31, 2025 |
| Dec 13, 2024 | $0.4349 | Dec 31, 2024 |
| Sep 26, 2024 | $0.0984 | Sep 30, 2024 |
| Jun 27, 2024 | $0.2796 | Jun 28, 2024 |
| Mar 21, 2024 | $0.0975 | Mar 28, 2024 |
Performance
FRI had a total return of -4.00% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.55%.
News
The State Of REITs: September 2025 Edition
REITs performed very well in August (+5.48%), almost pulling the REIT sector's year-to-date total return back into the black (-1.11%). Small cap (+7.52%) and mid cap REITs (+7.13%) averaged strong gai...
Powell Pivot Sparks REIT Rebound
U.S. equity markets notched another series of record highs this week, surging into the weekend after surprisingly dovish commentary from Federal Reserve Chair Powell, who hinted at imminent rate cuts....
Disinflation Dividend: REIT Earnings Scorecard
A surprising solid REIT earnings season wrapped up this week. Of the 100 equity REITs that provide full-year FFO guidance, 62% raised their outlook - above the historical 55% average. Disinflation was...
Why Consider U.S. REITs Now?
Most US REITs make nearly 90% of their revenue domestically, compared to 72% for typical U.S. stocks. Healthcare, residential, and needs-based retail are less affected by trade disruptions, while offi...
Powell Pressured As Inflation Cools
U.S. equity markets climbed to fresh record-highs this week after a critical slate of inflation data showed that tariff-driven inflation remains muted, while rumors of a potential Powell termination s...
REITs Score Key Tax Bill Wins
U.S. equity markets closed the Independence Day week at record highs after Congress approved the GOP's sweeping tax cut and spending megabill, while employment data indicated "Goldilocks" labor market...
The Inflation That Wasn't
US equity markets retreated from the cusp of record-highs this week as encouraging inflation data showing surprisingly muted tariff-related inflation was spoiled by a sudden escalation in Middle East ...
REITs: Unloved, Unwanted, Undervalued
REITweek, the annual REIT industry conference, was held last week in New York City. Humbled by frustratingly persistent interest rate headwinds and historic underperformance, the venue halls were agai...
The Drivers Behind REIT Dividend Growth
This post takes a closer look at the underlying mechanics that allow Realty Income and other high-quality REITs to grow their distributions over decades without compromising sustainability. While Real...
REIT Replay: REIT Share Prices Rise With Broader Market In Week Ended May 2
The Dow Jones Equity All REIT index closed the recent week up 3.31%, compared with a 2.92% increase for the S&P 500 and a 3.00% gain for the Dow Jones Industrial Average. The self-storage REIT index j...
Tensions Ease Ahead Of Critical Week
US equity markets resumed their recovery this week from the "liberation day" plunge after the White House negotiated trade deals with several nations and indicated plans to ease China tariffs. Trimmin...
2025 REIT Market Perspectives And A Look Ahead
A notable defensive rotation is underway this year, benefitting REIT stocks. The recipe that makes REITs a compelling investment today already contains two important ingredients – cheap valuations and...
8 U.S. REITs Announce Dividend Increases In March
Since 2000, annual returns of international equities have been better than those of the U.S. only nine times. As concerns grow about the impact of tariffs on the economy and uncertainty looms, market ...
REIT Replay: U.S. REIT Share Prices Plummet Following Trump's Tariff Announcements
Share prices for US equity real estate investment trusts plummeted alongside the broader stock market following President Donald Trump's tariff announcements on April 2. All Dow Jones US real estate s...
State Of REITs: The 'Dark Age' Is Over
While the S&P 500 and other major benchmarks entered "correction territory" this month for the first time since 2023, U.S. REITs have meaningfully outperformed the broader equity market since mid-Janu...
