First Trust S&P REIT Index Fund

Frequently Asked Questions About FRI

What does FRI invest in?

Operating as an exchange-traded fund, the First Trust S&P REIT Index Fund aims to generally replicate the price performance and income generation of the S&P United States REIT Index, before factoring in its own operational expenses.

What is the expense ratio of FRI?

First Trust S&P REIT Index Fund (FRI) charges an expense ratio of 0.51%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FRI?

First Trust S&P REIT Index Fund (FRI) manages $192.3M 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 FRI actively managed or an index fund?

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

When was FRI launched?

First Trust S&P REIT Index Fund (FRI) launched in May 2007 and is managed by First Trust.

How has FRI performed?

FRI'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.