FRI

First Trust S&P REIT ETF
NYSEARCA

Real-time Quotes | Provided by Morningstar

21.21
-0.12
-0.55%
Opening 12:22 10/27 EDT
OPEN
21.27
PREV CLOSE
21.32
HIGH
21.31
LOW
21.18
VOLUME
3.69K
TURNOVER
--
52 WEEK HIGH
27.87
52 WEEK LOW
15.18
TOTAL ASSET
76.00M
YTD YIELD
-14.00%
1D
5D
1M
3M
1Y
5Y
News
Performance
Cell Tower REITs: 5G Is Here
The high-flying cell tower sector has thrived throughout the pandemic. Cellular network capacity has been pushed to the limits as businesses, schools, and individuals stay connected via virtual interaction.5G is here. Apple's upcoming iPhone 12 launch represents the true "arrival" of 5G, the much-anticipated next-generation mobile network that promises to usher in a new era of technological innovation.Cell tower REITs will be the "hub" of these 5G networks, augmented by higher-density small cells. High-power macro towers provide the most economical mix of wide coverage and capacity.Fixed wireless broadband - using a cell network for home broadband - will be 5G’s true “killer app” and will fundamentally disrupt the telecommunications space, likely to the benefit of consumers.Cell tower REITs continue to benefit from favorable competitive positioning within the telecommunication sector. While these REITs are priced for perfection, low supply and high demand should translate into continued pricing power for cell tower REITs.
Seekingalpha · 10/15 15:00
Manufactured Housing REITs: Not Enough Homes, So Onto Boats
Manufactured Housing REITs have proven to be immune from coronavirus-related headwinds that have slammed much of the real estate sector, collecting nearly 100% of rents, while also boosting dividends this year.Driven by the macroeconomic tailwinds associated with the affordable housing shortage and favorable demographics, Manufactured Housing ("MH") REITs have been the best-performing real estate sector of the past decade.External growth through acquisitions has provided an added boost. Amid this housing shortage, MH REITs have begun investing in a new - but fundamentally similar - asset class: boat marinas.Headwinds become tailwinds - after a sharp slowdown in late-Spring, recreational vehicle and boat sales have smashed records this summer, while the U.S. housing market has roared back to life.MH REITs aren't cheap, but long-term fundamentals remain stellar for this "essential" property sector. Low supply and strong demographic-driven demand for housing continue to provide a compelling backdrop.
Seekingalpha · 10/06 15:00
U.S. New Home Market Cap Highest Since August 2006
Based on the latest sales data reported by the U.S. Census Bureau, the preliminary nominal estimate of the market capitalization for new homes was $30.6 billion in August 2020.Perhaps more remarkably, the median sale price of new homes sold in the U.S. fell to an initial estimate of $312,700 in August 2020.With the trend for the sale prices of new homes generally flat to slightly falling over the last two years, the only way the market cap of new homes could increase is because of rising sales volumes.
Seekingalpha · 09/30 13:30
Homebuilders: A V-Shaped Vendetta
An antihero of the prior financial crisis, Homebuilders have seemingly been on a vendetta over the last six months, asserting themselves as the unexpected leader of the early post-pandemic recovery.Homebuilders were slammed at the outset of the pandemic on fears that a coronavirus-induced recession could inflame a repeat of the Great Financial Crisis for the critical U.S. housing.Instead, the U.S. housing industry has roared back to life in recent months. New Home Sales, Existing Home Sales, and Home Prices have all seen a substantial reacceleration this year.The sharp rebound in housing market activity has been aided by longer-term macroeconomic trends of favorable millennial-led demographics, historically low housing supply, and near-record low mortgage rates.Housing remains an “unloved” sector despite the compelling long-term tailwinds at its back. Homebuilders trade at deeply discounted valuations to the S&P 500 despite their stellar growth rates.
Seekingalpha · 09/25 12:00
August New Home Sales Confirm That The Long Leading Housing Sector Has Been Surging
Housing is a long leading sector of the economy, typically giving us information 12 to 18 months into the future.New home sales are the most leading of all housing metrics, but are very volatile and heavily revised.August new home sales hit the highest level in nearly 15 years.Because they confirm the surge in the less volatile single-family housing permits, the new high is almost certainly a signal rather than a noise, a powerful plus for the economy in 2021.
Seekingalpha · 09/25 06:07
Pandemic to accelerate growth in Sunbelt mid-sized cities: KKR's Campbell Roberts
KKR's Paula Campbell Roberts sees the pandemic catalyzing a number of changes in business and the economy in a KKR Viewpoints report titled, "The New Normal."She sees economic activity spreading
Seekingalpha · 09/24 12:25
First Trust S&P REIT Index Fund declares $0.1088 dividend
First Trust S&P REIT Index Fund (FRI) declares $0.1088/share quarterly dividend, -39.4% decrease from prior dividend of $0.1796.Forward yield 2.13%Payable Sept. 30; for shareholders of record Sept. 25; ex-div Sept.
Seekingalpha · 09/23 23:32
Industrial REITs: Virus Exposes Frail Supply Chains
The "hub of e-commerce" and the hottest property sector of the last half-decade, Industrial REITs have been unfazed by the coronavirus-induced pain that has encumbered much of the REIT sector.The dramatic acceleration in e-commerce adoption has pulled forward the "retail apocalypse" trends as retailers divert more of their capital away from malls and into distribution supply chains.While much of the REIT sector was slashing dividends this year, nearly half of industrial REITs have raised dividends in 2020. Rent collection has averaged more than 97% since April.Underscoring the sector's favorable supply/demand conditions, Amazon's rumored interest in converting malls into last-mile distribution hubs has turned some heads, but the impact on industrial REITs will be immaterial.Recent earnings reports confirmed that fundamentals are back in-line with pre-pandemic expectations with positive growth expected in 2020. With the pandemic exposing deficiencies in supply chains, we believe the logistics-boom is back in the early-innings.
Seekingalpha · 09/22 17:00
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Learn about the latest financial forecast of FRI. Analyze the recent business situations of First Trust S&P REIT ETF through EPS, BVPS, FPS, and other data. This information may help you make smarter investment decisions.
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Ratings
Date
Period
Agency
Ratings
08/31/2020
3 Year
Morningstar
08/31/2020
5 Year
Morningstar
08/31/2020
10 Year
Morningstar
  • Performance
  • Asset Allocation
  • Dividend History
Period
Return
Rank in Cat
1-Month
2.7429%
--
3-Month
1.4632%
--
6-Month
-10.6894%
--
1-Year
-14.0035%
--
3-Year
0.9251%
--
5-Year
4.8020%
--
10-Year
7.4720%
--
Since Inception
3.4753%
--
No Data
  • Dividends
  • Splits
  • Insider Activity
No Data
  • All
No Data
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Profile
Fund Name
First Trust S&P REIT ETF
Risk
Medium risk
Inception Date
2007-05-08
Benchmark
S&P U.S. Real Estate Investment Trust TR
Advisor Company
First Trust
Custodian
The Bank of New York Mellon
Manager
Team Managed