First Trust S&P REIT Index Fund (FRI)
| Assets | $168.45M |
| Expense Ratio | 0.50% |
| PE Ratio | 34.55 |
| Shares Out | 6.15M |
| Dividend (ttm) | $0.91 |
| Dividend Yield | 3.33% |
| Ex-Dividend Date | Dec 13, 2024 |
| Payout Ratio | 115.02% |
| 1-Year Return | +5.53% |
| Volume | 88,263 |
| Open | 27.50 |
| Previous Close | 27.40 |
| Day's Range | 27.36 - 27.54 |
| 52-Week Low | 23.77 |
| 52-Week High | 30.40 |
| Beta | 1.06 |
| Holdings | 138 |
| 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
49.28% of assets| Name | Symbol | Weight |
|---|---|---|
| Prologis, Inc. | PLD | 8.97% |
| Equinix, Inc. | EQIX | 7.75% |
| Welltower Inc. | WELL | 6.65% |
| Digital Realty Trust, Inc. | DLR | 4.71% |
| Simon Property Group, Inc. | SPG | 4.62% |
| Realty Income Corporation | O | 4.17% |
| Public Storage | PSA | 4.09% |
| Iron Mountain Incorporated | IRM | 2.82% |
| Extra Space Storage Inc. | EXR | 2.80% |
| AvalonBay Communities, Inc. | AVB | 2.70% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 13, 2024 | $0.435 | n/a |
| Sep 26, 2024 | $0.098 | Sep 30, 2024 |
| Jun 27, 2024 | $0.280 | Jun 28, 2024 |
| Mar 21, 2024 | $0.098 | Mar 28, 2024 |
| Dec 22, 2023 | $0.280 | Dec 29, 2023 |
| Jun 27, 2023 | $0.340 | Jun 30, 2023 |
News
REITs Say 'Good Riddance' To 2024
U.S. equity markets sputtered in a choppy final week of 2024 as investors returned from the holidays with trepidation following the best two-year run for the S&P 500 since 1997-1998. The S&P 500 finis...
REITs Remain On Naughty List
U.S. equity markets rebounded after their worst week since November, while interest rates swelled to fresh seven-month highs as investors parsed data showing relatively strong retail and travel demand...
The State Of REITs: December 2024 Edition
The REIT sector bounced back from a rough October with a strong +3.19% average total return in November. Small cap (+4.19%), mid cap (+3.70%), and large cap (+3.39%) REITs averaged gains in November, ...
FRI: Real Estate ETF With Some Exclusions And A High Fee
First Trust S&P REIT Index Fund ETF offers capital-weighted exposure to U.S. real estate, excluding tower, timber REITs, and real estate services. The FRI ETF has better valuation ratios and growth ra...
Earnings Metrics Of Several U.S. Office REITs Drop In Q3
Most US office REITs ended Q3 with weaker operating metrics compared with the previous 3-month period, as demand for offices continued to drop amid higher rent. In terms of recurring EBITDA, 13 office...
At-The-Market Issuance By U.S. REITs Hits All-Time Quarterly High In Q3 2024
Total proceeds raised by US equity real estate investment trusts through at-the-market offering programs rocketed to an all-time high in the third quarter. US REITs raised an aggregate of $7.21 billio...
NAV Monitor: U.S. Equity REITs End November At 6.5% Median Discount
Publicly listed US equity real estate investment trusts closed Nov. 29 at a median 6.5% discount to their consensus net asset value per share estimates. The hotel sector continued to trade at the larg...
REITs: Key Demographic Trends Driving Opportunity
Understanding long-term demographic trends is crucial for real estate investments, with population growth and density significantly impacting property values. The aging U.S. population will drive dema...
Firming Inflation Fizzles Optimism
U.S. equity markets posted their worst week in two months as benchmark interest rates jumped to four-month highs after a critical slate of inflation data showed modestly firming price pressures. Fueli...
5 U.S. REITs Suspend Dividends Amid 2024 Cuts
Five US real estate investment trusts have suspended dividends so far this year, while six other REITs have lowered regular dividend payouts. The activity contrasts with the more than one-third of the...
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...
