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Trending ETFs

First Trust S&P REIT Index Fund

ETF
FRI
Payout Change
Pending
Price as of:
$25.43 +0.14 +0.56%
primary theme
Real Estate Sector Equity
FRI (ETF)

First Trust S&P REIT Index Fund

Payout Change
Pending
Price as of:
$25.43 +0.14 +0.56%
primary theme
Real Estate Sector Equity
FRI (ETF)

First Trust S&P REIT Index Fund

Payout Change
Pending
Price as of:
$25.43 +0.14 +0.56%
primary theme
Real Estate Sector Equity

Name

As of 02/28/2024

Price

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

$25.43

$114 M

4.41%

$1.12

0.50%

Vitals

YTD Return

-3.1%

1 yr return

5.7%

3 Yr Avg Return

4.1%

5 Yr Avg Return

3.8%

Net Assets

$114 M

Holdings in Top 10

48.3%

52 WEEK LOW AND HIGH

$25.3
$21.37
$26.67

Expenses

OPERATING FEES

Expense Ratio 0.50%

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 02/28/2024

Price

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

$25.43

$114 M

4.41%

$1.12

0.50%

FRI - Profile

Distributions

  • YTD Total Return -3.1%
  • 3 Yr Annualized Total Return 4.1%
  • 5 Yr Annualized Total Return 3.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.04%
DIVIDENDS
  • Dividend Yield 4.4%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    First Trust S&P REIT Index Fund
  • Fund Family Name
    First Trust Advisors L.P.
  • Inception Date
    May 08, 2007
  • Shares Outstanding
    7850002
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Jon Erickson

Fund Description

The Fund will normally invest at least 90% of its net assets (including investment borrowings) in the securitiesthat 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 merging 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 market capitalization of less than $100 million.According to the Index Provider, the Index does not include timber REITs, mortgage 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 31, 2023, the Index was composed of 139 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 31, 2023.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 -3.1% -13.3% 2.9% 28.74%
1 Yr 5.7% -14.4% 18.6% 12.26%
3 Yr 4.1%* -12.4% 11.3% 17.25%
5 Yr 3.8%* -11.0% 15.1% 50.22%
10 Yr 5.7%* -1.6% 14.9% 52.32%

* Annualized

Return Ranking - Calendar

Period FRI Return Category Return Low Category Return High Rank in Category (%)
2023 9.4% -17.6% 24.6% 32.18%
2022 -26.4% -51.3% 2.7% 13.85%
2021 40.3% -7.7% 52.3% 10.59%
2020 -11.0% -42.2% 35.0% 71.25%
2019 20.8% -0.8% 43.1% 37.66%

Total Return Ranking - Trailing

Period FRI Return Category Return Low Category Return High Rank in Category (%)
YTD -3.1% -13.3% 2.9% 28.74%
1 Yr 5.7% -14.4% 18.6% 12.26%
3 Yr 4.1%* -12.4% 11.3% 17.25%
5 Yr 3.8%* -11.0% 15.1% 50.22%
10 Yr 5.7%* -1.6% 14.9% 52.32%

* Annualized

Total Return Ranking - Calendar

Period FRI Return Category Return Low Category Return High Rank in Category (%)
2023 13.3% -14.0% 25.0% 25.29%
2022 -24.7% -40.7% 7.8% 21.15%
2021 42.6% 7.8% 54.6% 31.37%
2020 -8.0% -36.6% 44.3% 77.08%
2019 23.7% 3.4% 46.4% 75.76%

FRI - Holdings

Concentration Analysis

FRI Category Low Category High FRI % Rank
Net Assets 114 M 1.73 M 56.5 B 71.43%
Number of Holdings 137 18 501 9.56%
Net Assets in Top 10 59.5 M 433 K 26.1 B 72.06%
Weighting of Top 10 48.31% 15.7% 82.2% 80.15%

Top 10 Holdings

  1. Prologis Inc 11.46%
  2. Equinix Inc 7.03%
  3. Welltower Inc 4.64%
  4. Public Storage 4.49%
  5. Simon Property Group Inc 4.33%
  6. Realty Income Corp 3.87%
  7. Digital Realty Trust Inc 3.79%
  8. Extra Space Storage Inc 3.15%
  9. VICI Properties Inc 3.07%
  10. AvalonBay Communities Inc 2.47%

Asset Allocation

Weighting Return Low Return High FRI % Rank
Stocks
99.38% 0.00% 113.98% 20.59%
Cash
0.62% -42.50% 20.74% 80.88%
Preferred Stocks
0.00% 0.00% 31.13% 43.01%
Other
0.00% -89.96% 112.19% 39.71%
Convertible Bonds
0.00% 0.00% 10.95% 34.32%
Bonds
0.00% -3.17% 148.00% 40.44%

Stock Sector Breakdown

Weighting Return Low Return High FRI % Rank
Real Estate
100.00% 34.46% 100.00% 8.91%
Utilities
0.00% 0.00% 3.55% 30.23%
Technology
0.00% 0.00% 12.02% 45.74%
Industrials
0.00% 0.00% 7.39% 35.27%
Healthcare
0.00% 0.00% 0.53% 31.40%
Financial Services
0.00% 0.00% 37.05% 38.37%
Energy
0.00% 0.00% 33.11% 32.17%
Communication Services
0.00% 0.00% 11.61% 37.21%
Consumer Defense
0.00% 0.00% 0.93% 29.84%
Consumer Cyclical
0.00% 0.00% 45.29% 58.14%
Basic Materials
0.00% 0.00% 13.69% 34.88%

Stock Geographic Breakdown

Weighting Return Low Return High FRI % Rank
US
99.38% 0.00% 113.98% 17.65%
Non US
0.00% 0.00% 40.58% 37.87%

FRI - Expenses

Operational Fees

FRI Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.50% 0.07% 24.62% 90.33%
Management Fee 0.30% 0.00% 1.50% 6.99%
12b-1 Fee 0.00% 0.00% 1.00% 5.34%
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 4.41% 0.00% 13.18% 6.99%

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% 15.24%

Capital Gain Distribution Analysis

FRI Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

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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 7.9 2.23