FRI

First Trust S&P REIT Index Fund

$27.71

+0.00%

Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The First Trust S&P REIT Index Fund (FRI) seeks to track the performance of the S&P United States REIT Index, which is designed to measure the performance of publicly traded real estate investment trusts (REITs).

Overview

ETF tracking First Trust S&P REIT Index Fund

Category Real Estate

Issuer First Trust

Inception Date 2008-11-06

Market Cap $153.8M

Average Volume N/A

Dividend Yield 3.31%

52-Week Range $24.01 - $30.19

VWAP $27.70

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund employs a passive management strategy, investing in a representative sample of securities included in the underlying index in an effort to replicate its performance. It primarily invests in equity REITs that are constituents of the S&P United States REIT Index.

✨ Key Features

Provides exposure to a diversified portfolio of publicly traded REITs
Tracks the performance of the S&P United States REIT Index
Utilizes a passive, index-based investment approach
Low expense ratio of 0.00%

⚠️ Primary Risks

Concentration risk in the real estate sector
Sensitivity to changes in interest rates and economic conditions
Potential volatility in REIT share prices
Liquidity risk due to the fund's relatively small asset size

👤 Best For

This ETF may be suitable for investors seeking broad exposure to the U.S. REIT market as part of a diversified investment portfolio. It may be particularly appealing to investors with a long-term investment horizon who are comfortable with the risks associated with the real estate sector.