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First Trust Sp Reit Idx

First Trust S&P REIT Index Fund (ticker symbol: FRI) is a publicly traded exchange-traded fund (ETF) that tracks the S&P United States REIT Index. The fund is designed to provide investors with exposure to the real estate sector, specifically the REIT (Real Estate Investment Trust) industry. The fund's underlying holdings include a diversified portfolio of REITs that are listed on US exchanges.

Here are some key facts about the First Trust S&P REIT Index Fund:

1. Inception Date: FRI was first listed on the NYSE Arca exchange in December 2001.

2. Index Methodology: The fund tracks the S&P United States REIT Index, which is a free float-adjusted market capitalization-weighted index that includes all publicly traded REITs that are listed on US exchanges. The index is rebalanced quarterly.

3. Investment Strategy: The fund's investment strategy involves holding a portfolio of REITs that replicate the performance of the underlying index. The fund's managers use a passive management approach, aiming to mirror the performance of the index as closely as possible.

4. Holdings: As of March 2023, FRI's portfolio includes 128 REITs, with the top ten holdings comprising around 56% of the total assets. Some of the largest holdings include leading REITs such as Simon Property Group (SPG), Realty Income (O), and National Retail Properties (NNN).

5. Market Capitalization: As of March 2023, FRI has a market capitalization of around $7.2 billion.

6. Trading: FRI trades on the NYSE Arca exchange under the ticker symbol "FRI," and it is categorized as a "miscellaneous" ETF.

7. Average Daily Volume: FRI's average daily trading volume is around 434,000 shares, making it a relatively liquid ETF.

8. Expenses: FRI's total expense ratio is 0.70% of total assets, which is quite competitive among ETFs with similar investment objectives.

9. Dividend Yield: As a REIT ETF, FRI distributes dividends to its shareholders. As of March 2023, the fund's 12-month dividend yield is around 4.35%.

10. Year-to-Date Performance: In 2023, FRI has had a year-to-date return of approximately 12.3%.

For further information, you may visit the First Trust website or the fund's website, which provides more detailed information about the fund's holdings, performance, and other relevant details.

Before making any investment decisions, you should always conduct thorough research and consider your risk tolerance, investment objectives, and consult with a financial advisor if necessary.