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First Trust Real Assets Fund
mutual fund
FTREX
Payout Change
Pending
Price as of:
$9.17
+0.0
+0.0%
primary theme
Real Estate Sector Equity
share class
FTREX (Mutual Fund)
First Trust Real Assets Fund
Payout Change
Pending
Price as of:
$9.17
+0.0
+0.0%
primary theme
Real Estate Sector Equity
share class
FTREX (Mutual Fund)
First Trust Real Assets Fund
Payout Change
Pending
Price as of:
$9.17
+0.0
+0.0%
primary theme
Real Estate Sector Equity
share class
Name
As of 10/04/2024Price
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
2.3%
1 yr return
1.5%
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$20.9 M
Holdings in Top 10
65.2%
52 WEEK LOW AND HIGH
$9.2
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio N/A
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Closed-end mutual fund
Name
As of 10/04/2024Price
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
FTREX - Profile
Distributions
- YTD Total Return 2.3%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency Annually
- Net Income Ratio N/A
- Dividend Yield 5.1%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameFirst Trust Real Assets Fund
-
Fund Family NameFirst Trust
-
Inception DateJan 10, 2023
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerBrian Murphy
Fund Description
FTREX - Performance
Return Ranking - Trailing
| Period | FTREX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 2.3% | -11.1% | 22.8% | 93.85% |
| 1 Yr | 1.5% | -9.2% | 43.9% | 95.00% |
| 3 Yr | N/A* | -11.5% | 6.2% | N/A |
| 5 Yr | N/A* | -11.9% | 15.5% | 88.98% |
| 10 Yr | N/A* | -2.4% | 15.6% | N/A |
* Annualized
Return Ranking - Calendar
| Period | FTREX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | N/A | -17.6% | 24.6% | N/A |
| 2022 | N/A | -51.3% | 2.7% | N/A |
| 2021 | N/A | -7.7% | 52.3% | N/A |
| 2020 | N/A | -42.2% | 35.0% | 2.54% |
| 2019 | N/A | -0.8% | 43.1% | 2.65% |
Total Return Ranking - Trailing
| Period | FTREX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 2.3% | -11.1% | 22.8% | 93.85% |
| 1 Yr | 1.5% | -9.2% | 43.9% | 95.00% |
| 3 Yr | N/A* | -11.5% | 6.2% | N/A |
| 5 Yr | N/A* | -11.9% | 15.5% | 92.67% |
| 10 Yr | N/A* | -2.4% | 15.6% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | FTREX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | N/A | -14.0% | 25.0% | N/A |
| 2022 | N/A | -40.7% | 7.8% | N/A |
| 2021 | N/A | 7.8% | 54.6% | N/A |
| 2020 | N/A | -36.6% | 44.3% | 5.51% |
| 2019 | N/A | 3.4% | 46.4% | 6.19% |
NAV & Total Return History
FTREX - Holdings
Concentration Analysis
| FTREX | Category Low | Category High | FTREX % Rank | |
|---|---|---|---|---|
| Net Assets | 20.9 M | 1.39 M | 61.4 B | 92.91% |
| Number of Holdings | 37 | 22 | 519 | 55.73% |
| Net Assets in Top 10 | 13.6 M | 1.29 M | 32.8 B | 91.60% |
| Weighting of Top 10 | 65.15% | 13.2% | 90.0% | 8.02% |
Top 10 Holdings
- MSILF Government Portfolio - Class Institutional 11.89%
- BAILARD REAL ESTATE LP / 9.64%
- INVESCO REAL ESTATE INCOME TRUST, Inc. / 9.54%
- CIRE REAL ESTATE INVESTMENT TRUST, Inc. / 8.97%
- OAK St (*** Please punctuate: St. or State ***) REAL EST LP / 6.26%
- RREEF Property Trust, Inc. - Class D 4.09%
- Jones Lang LaSalle Income Property Trust, Inc. - Class M-I 3.78%
- STARWOOD REAL ESTATE INCOME TRUST, Inc. / 3.74%
- NUVEEN REAL ESTATE U.S. Cities Industr Fd / 3.67%
- CBRE U.S. CORE PARTNERS LP / 3.56%
Asset Allocation
| Weighting | Return Low | Return High | FTREX % Rank | |
|---|---|---|---|---|
| Stocks | 49.67% | 0.00% | 105.52% | 84.73% |
| Bonds | 19.07% | -3.17% | 155.83% | 9.16% |
| Cash | 17.95% | -42.50% | 19.87% | 0.76% |
| Other | 0.52% | -89.90% | 107.80% | 20.23% |
| Preferred Stocks | 0.00% | 0.00% | 31.13% | 22.52% |
| Convertible Bonds | 0.00% | 0.00% | 10.95% | N/A |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FTREX % Rank | |
|---|---|---|---|---|
| Utilities | 0.00% | 0.00% | 3.55% | N/A |
| Technology | 0.00% | 0.00% | 12.02% | N/A |
| Real Estate | 0.00% | 34.46% | 100.00% | N/A |
| Industrials | 0.00% | 0.00% | 7.39% | N/A |
| Healthcare | 0.00% | 0.00% | 0.53% | N/A |
| Financial Services | 0.00% | 0.00% | 37.05% | N/A |
| Energy | 0.00% | 0.00% | 33.11% | N/A |
| Communication Services | 0.00% | 0.00% | 11.61% | N/A |
| Consumer Defense | 0.00% | 0.00% | 0.93% | N/A |
| Consumer Cyclical | 0.00% | 0.00% | 45.29% | N/A |
| Basic Materials | 0.00% | 0.00% | 13.69% | N/A |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FTREX % Rank | |
|---|---|---|---|---|
| US | 49.67% | 0.00% | 105.52% | 84.35% |
| Non US | 0.00% | 0.00% | 37.90% | 22.52% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | FTREX % Rank | |
|---|---|---|---|---|
| Cash & Equivalents | 11.89% | 0.00% | 100.00% | 5.41% |
| Derivative | 0.00% | -0.03% | 2.62% | 22.39% |
| Securitized | 0.00% | 0.00% | 96.61% | N/A |
| Corporate | 0.00% | 0.00% | 99.81% | N/A |
| Municipal | 0.00% | 0.00% | 3.24% | N/A |
| Government | 0.00% | 0.00% | 69.19% | N/A |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | FTREX % Rank | |
|---|---|---|---|---|
| US | 19.07% | -3.17% | 140.02% | 8.78% |
| Non US | 0.00% | 0.00% | 15.81% | 12.98% |
FTREX - Expenses
Operational Fees
| FTREX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | N/A | 0.07% | 28.75% | 24.07% |
| Management Fee | 1.35% | 0.00% | 1.50% | 97.33% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.45% | N/A |
Sales Fees
| FTREX 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
| FTREX 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.
| FTREX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 0.11% | 380.00% | N/A |
FTREX - Distributions
Dividend Yield Analysis
| FTREX | Category Low | Category High | FTREX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 5.07% | 0.00% | 13.03% | 14.50% |
Dividend Distribution Analysis
| FTREX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | SemiAnnual | Quarterly | Quarterly |
Net Income Ratio Analysis
| FTREX | Category Low | Category High | FTREX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | N/A | -1.14% | 6.05% | N/A |
Capital Gain Distribution Analysis
| FTREX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Quarterly | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Oct 02, 2024 | $0.116 | OrdinaryDividend |
| Jul 03, 2024 | $0.116 | OrdinaryDividend |
| Apr 03, 2024 | $0.117 | OrdinaryDividend |
| Dec 08, 2023 | $0.020 | OrdinaryDividend |
| Oct 04, 2023 | $0.119 | OrdinaryDividend |
| Jul 05, 2023 | $0.120 | OrdinaryDividend |
| Dec 09, 2022 | $0.089 | OrdinaryDividend |
FTREX - Fund Manager Analysis
Managers
Brian Murphy
Start Date
Tenure
Tenure Rank
Apr 29, 2022
0.09
0.1%
Mr. Brian Murphy serves as Portfolio Manager at Vivaldi Capital Management. Brian joined Vivaldi as a Senior Research Analyst on the investment team with a particular focus on Vivaldi's alternatives portfolios. Brian is responsible for all aspects of the investment process, including investment sourcing, evaluation, and monitoring. He is also a member of the firm's investment committee. Brian has eight years of alternatives investment experience at both multi-manager and single strategy hedge funds, with a particularly deep background in long/short equity and derivatives trading strategies. Prior to joining Vivaldi, Brian was a Director for Voyager Management, a fund of hedge funds firm. He received his B.S. in Finance from Miami University in Oxford, OH.
Michael Peck
Start Date
Tenure
Tenure Rank
Apr 29, 2022
0.09
0.1%
Michael Peck is President and Co-Chief Investment Officer and responsible for all portfolio management as well as creating and implementing the strategic vision of the firm. Prior to Vivaldi, Michael was a Portfolio Manager at Coe Capital Management, a Chicago-based registered investment adviser and also a Financial Analyst and Risk Manager for Bond Companies. Michael graduated from Lehigh University with a Bachelor of Science in Accounting. He also holds a Masters in Finance and a Master’s in Business Administration in both Finance & Real Estate from DePaul University and is a Chartered Financial Analyst (CFA) charter holder.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.01 | 28.42 | 8.12 | 16.42 |
