NYSEARCA:FRIFirst Trust S&P REIT Index Fund Stock Price, Forecast & News

$20.65

-0.09 (-0.43 %)

(As of 05/28/2020 04:00 PM ET)

Add

Today's Range

$20.58

Now: $20.65▼

$20.89

50-Day Range

$18.25

MA: $19.69▼

$21.10

52-Week Range

$15.18

Now: $20.65▼

$27.87

Volume27,502 shs

Average Volume65,655 shs

Market Capitalization$93.96 million

P/E RatioN/A

Dividend Yield3.11%

BetaN/A

First Trust S&P REIT Index Fund (the Fund) seeks investment results that correspond generally to the price and yield of an equity index called the S&P United States REIT Index (the Index). The Index measures the securitized United States real estate investment trust (REIT) market and maintains a constituency that reflects the composition of the overall REIT market. The Index contains securities selected for market representation according to geography and property type. All securities in the Index satisfy the Index's liquidity, price and market capitalization requirements. The Standard & Poor's Index Committee maintains the Index. The Fund will normally invest at least 90% of its assets in common stocks that comprise the Index. The Fund's investment advisor is First Trust Advisors L.P.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for First Trust S&P REIT Index Fund.

1.5 Community Rank

Outperform Votes
First Trust S&P REIT Index Fund has received 20 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
First Trust S&P REIT Index Fund has received 47 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
First Trust S&P REIT Index Fund has received 70.15% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about First Trust S&P REIT Index Fund and other stocks. Vote “Outperform” if you believe FRI will outperform the S&P 500 over the long term. Vote “Underperform” if you believe FRI will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
First Trust S&P REIT Index Fund is a leading dividend payer. It pays a dividend yield of 3.11%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
First Trust S&P REIT Index Fund does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, First Trust S&P REIT Index Fund insiders have not sold or bought any company stock.

0.0 Earnings and Valuation

Overall Beat the Market Rank^™

0.63 out of 5 stars

Basic Details

Issuer First Trust

Fund NameFirst Trust S&P REIT Index Fund

Tax ClassificationRegulated Investment Company

SymbolNYSEARCA:FRI

Inception Date5/8/2007

Fund ManagerDaniel J. Lindquist, Jon C. Erickson, David G. McGarel, Roger F. Testin, Stan Ueland, Chris A. Peterson

Webwww.ftportfolios.com

Phone+1-800-6211675

Fund Focus

Asset ClassReal Estate

BenchmarkS&P US REIT Index

CategoryReal Estate

FocusReal Estate

Development LevelDeveloped Markets

RegionNorth America

Fund Statistics

Assets Under Management$94.50 million

Average Daily Volume$49,870.50

Discount/Premium0.00%

ETF Expenses

Management Fee0.30%

Other Expenses0.18%

Total Expenses0.48%

Fee Waiver0.00%

Net Expenses0.48%

Administrator, Advisor and Custodian

AdministratorThe Bank of New York Mellon Corporation

AdvisorFirst Trust Advisors L.P.

CustodianThe Bank of New York Mellon Corporation

DistributorFirst Trust Portfolios L.P.

Transfer AgentThe Bank of New York Mellon Corporation

Trustee

Lead Market MakerSusquehanna

Receive FRI News and Ratings via Email

Sign-up to receive the latest news and ratings for FRI and its competitors with MarketBeat's FREE daily newsletter.

Geographic Exposure of First Trust S&P REIT Index Fund (NYSEARCA:FRI)

Currency Exposure of First Trust S&P REIT Index Fund (NYSEARCA:FRI)

Sector Exposure of First Trust S&P REIT Index Fund (NYSEARCA:FRI)

Industry Exposure of First Trust S&P REIT Index Fund (NYSEARCA:FRI)

First Trust S&P REIT Index Fund (NYSEARCA:FRI) Frequently Asked Questions

How has First Trust S&P REIT Index Fund's stock been impacted by COVID-19 (Coronavirus)?

First Trust S&P REIT Index Fund's stock was trading at $22.46 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, FRI shares have decreased by 8.1% and is now trading at $20.65. View which stocks have been most impacted by Coronavirus.

How often does First Trust S&P REIT Index Fund pay dividends? What is the dividend yield for First Trust S&P REIT Index Fund?

First Trust S&P REIT Index Fund announced a quarterly dividend on Friday, December 13th. Shareholders of record on Monday, December 16th will be paid a dividend of $0.2058 per share on Tuesday, December 31st. This represents a $0.82 annualized dividend and a yield of 3.99%. The ex-dividend date is Friday, December 13th. This is a boost from First Trust S&P REIT Index Fund's previous quarterly dividend of $0.11. View First Trust S&P REIT Index Fund's dividend history.

Has First Trust S&P REIT Index Fund been receiving favorable news coverage?

Media headlines about FRI stock have been trending positive recently, according to InfoTrie Sentiment. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. First Trust S&P REIT Index Fund earned a coverage optimism score of 2.2 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutFirst Trust S&P REIT Index Fund.

Who are First Trust S&P REIT Index Fund's key executives?

First Trust S&P REIT Index Fund's management team includes the following people:

James A. Bowen, Chairman of the Board of Trustees, President, Chief Executive Officer (Age 62)
Mark R. Bradley, Chief Financial Officer, Chief Accounting Officer, Treasurer, Controller (Age 60)
W. Scott Jardine Esq., Chief Compliance Officer, Secretary (Age 57)
Kelley A. Christensen, Vice President (Age 42)
Daniel J. Lindquist, Vice President (Age 47)
Roger F. Testin, Vice President (Age 48)
Stan Ueland, Vice President (Age 43)
James M. Dykas, Assistant Treasurer (Age 51)
Kristi A. Maher, Assistant Secretary (Age 51)
Richard E. Erickson M.D., Trustee (Age 66)

What is First Trust S&P REIT Index Fund's stock symbol?

First Trust S&P REIT Index Fund trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "FRI."

Who are First Trust S&P REIT Index Fund's major shareholders?

First Trust S&P REIT Index Fund's stock is owned by many different retail and institutional investors. Top institutional shareholders include Morgan Stanley (7.37%), Morgan Stanley (7.61%), Wells Fargo & Company MN (5.02%), Peak Capital Management LLC (4.15%), Mainstay Capital Management LLC ADV (1.67%) and Benjamin F. Edwards & Company Inc. (1.20%).

Which major investors are selling First Trust S&P REIT Index Fund stock?

FRI stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, Raymond James Financial Services Advisors Inc., Wells Fargo & Company MN, UBS Group AG, Benjamin F. Edwards & Company Inc., Harvest Investment Services LLC, and Raymond James & Associates.

Which major investors are buying First Trust S&P REIT Index Fund stock?

FRI stock was acquired by a variety of institutional investors in the last quarter, including Advisor Group Holdings Inc., Jane Street Group LLC, Peak Capital Management LLC, AE Wealth Management LLC, Envestnet Asset Management Inc., Centaurus Financial Inc., Two Sigma Securities LLC, and HighTower Advisors LLC.

How do I buy shares of First Trust S&P REIT Index Fund?

Shares of FRI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is First Trust S&P REIT Index Fund's stock price today?

One share of FRI stock can currently be purchased for approximately $20.65.

How big of a company is First Trust S&P REIT Index Fund?

First Trust S&P REIT Index Fund has a market capitalization of $93.96 million.

What is First Trust S&P REIT Index Fund's official website?

The official website for First Trust S&P REIT Index Fund is www.ftportfolios.com.

How can I contact First Trust S&P REIT Index Fund?

First Trust S&P REIT Index Fund's mailing address is 120 East Liberty Drive Suite 400, Wheaton, IL 60187, United States. The company can be reached via phone at +1-800-6211675.

This page was last updated on 5/29/2020 by MarketBeat.com Staff