Essential Properties Realty Trust, Inc.

Frequently Asked Questions About EPRT

What does EPRT invest in?

Essential Properties Realty Trust, Inc. (EPRT) is a real estate enterprise focused on the acquisition, ownership, and management of freestanding, single-tenant commercial properties throughout the United States. The company leases these assets under long-term agreements to a diverse range of mid-sized businesses. Its tenant base spans various sectors, including dining establishments, automotive care facilities (like car washes and repair shops), medical and dental practices, convenience stores, equipment rental providers, entertainment venues, early childhood education centers, grocery outlets, and health and fitness clubs. As of December 31, 2021, EPRT's property portfolio included 1,451 locations. For federal income tax purposes, the company operates as a real estate investment trust (REIT), which generally exempts it from corporate income taxes, provided it distributes at least 90% of its taxable profits to its shareholders. The company was founded in 2016 and maintains its corporate headquarters in Princeton, New Jersey.

What is the expense ratio of EPRT?

An expense ratio for Essential Properties Realty Trust, Inc. (EPRT) is not available from our data sources — neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.

How big is EPRT?

Essential Properties Realty Trust, Inc. (EPRT) manages $7.06B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is EPRT actively managed or an index fund?

EPRT's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was EPRT launched?

Essential Properties Realty Trust, Inc. (EPRT) launched in June 2018 and is managed by the fund issuer.

How has EPRT performed?

EPRT's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.