First Trust FTSE EPRA/NAREIT Developed Markets Real Estate Index Fund (FFR)
  • 2021 Estimated Capital Gain Distributions
    Certain First Trust Exchange-Traded Funds are expected to pay a short term and/or long-term capital gain distribution in December. For a list of exchange-traded funds expected to pay a capital gain distribution, please click here. Final determination of the source and tax status of all distributions paid in the current year are to be made after year-end and could differ from the expectations noted above.
  • May 14, 2021 – First Trust Advisors L.P.(“FTA”) announced that First Trust FTSE EPRA/NAREIT Developed Markets Real Estate Index Fund will seek investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of an index called the Alerian Disruptive Technology Real Estate Index (the “New Index”). Currently, the Fund seeks investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of an equity index called the FTSE EPRA/NAREIT Developed Index. Additionally, the Fund’s name is expected to change to First Trust Alerian Disruptive Technology Real Estate ETF and its new ticker symbol is expected to be DTRE. The Fund’s shares will continue to be listed for trading on NYSE Arca, Inc. and S-Network Global Indexes Inc. will serve as the Fund’s index provider. These changes will be implemented as soon as practicable after Fund shareholders approve certain matters by proxy related to these changes, including the approval of a new investment advisory agreement between the Fund and First Trust Advisors L.P., and a change in the Fund’s diversification status under the Investment Company Act of 1940. More information can be found here.
Investment Objective/Strategy - First Trust FTSE EPRA/NAREIT Developed Markets Real Estate Index Fund is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before fees and expenses, of an equity index called the FTSE EPRA/NAREIT Developed Index.
There can be no assurance that the Fund's investment objectives will be achieved.
  • The Index is designed to measure the stock performance of companies engaged in specific real estate activities of the North American, European and Asian real estate markets. Relevant real estate activities are defined as the ownership, trading and development of income-producing real estate.
  • The constituents of the Index are required to meet individual geographic criteria and are subject to size, liquidity, and free float screens.
  • The Index is a modified market capitalization weighted index, based on free float market capitalization. The Index is rebalanced and reconstituted quarterly.
Fund Overview
TickerFFR
Fund TypeGlobal REIT
Investment AdvisorFirst Trust Advisors L.P.
Investor Servicing AgentBank of New York Mellon Corp
CUSIP33736N101
ISINUS33736N1019
Intraday NAVFFRIV
Fiscal Year-End09/30
ExchangeNYSE Arca
Inception8/27/2007
Inception Price$50.00
Inception NAV$50.00
Rebalance FrequencyQuarterly
Gross Expense Ratio*0.85%
Net Expense Ratio*0.60%
* As of 2/1/2021
Expenses are capped contractually at 0.60% per year, at least until January 31, 2022.
Current Fund Data (as of 11/30/2021)
Closing NAV1$52.00
Closing Market Price2$51.98
Bid/Ask Midpoint$51.97
Bid/Ask Discount0.06%
30-Day Median Bid/Ask Spread30.38%
Total Net Assets$35,965,774
Outstanding Shares691,608
Daily Volume1,140
Average 30-Day Daily Volume1,935
Closing Market Price 52-Week High/Low$54.12 / $42.23
Closing NAV 52-Week High/Low$54.12 / $42.36
Number of Holdings (excluding cash)376
Top Holdings (as of 11/30/2021)*
Holding Percent
Prologis, Inc. 5.69%
Equinix, Inc. 3.72%
Simon Property Group, Inc. 2.55%
Public Storage 2.53%
Digital Realty Trust, Inc. 2.41%
Realty Income Corporation 1.92%
Welltower Inc. 1.72%
AvalonBay Communities, Inc. 1.70%
Vonovia SE 1.64%
Equity Residential 1.61%

* Excluding cash.  Holdings are subject to change.

NAV History (Since Inception)
Past performance is not indicative of future results.
Distribution Information
Dividend per Share Amt (as of 12/1/2021)4$0.3371
30-Day SEC Yield (as of 10/29/2021)52.50%
Unsubsidized 30-Day SEC Yield (as of 10/29/2021)62.20%
12-Month Distribution Rate (as of 10/29/2021)70.63%
Index Yield (as of 10/29/2021)83.06%
Fund Characteristics (as of 11/30/2021)10
Maximum Market Cap.$111,454
Median Market Cap.$2,960
Minimum Market Cap.$256
Price/Earnings20.28
Price/Book1.56
Price/Cash Flow15.01
Price/Sales7.61
Top Country Exposure (as of 11/30/2021)
Country Percent
United States 60.43%
Japan 9.32%
United Kingdom 4.70%
Hong Kong 4.52%
Australia 3.61%
Singapore 3.06%
Germany 2.92%
Canada 2.87%
Sweden 2.80%
France 1.42%
Bid/Ask Premium/Discount (as of 11/30/2021)
  2020 Q1 2021 Q2 2021 Q3 2021
Days Traded at Premium 74 33 55 36
Days Traded at Discount 179 28 8 28
Top Sub-Industry Exposure (as of 11/30/2021)
Diversified REITs 19.03%
Residential REITs 17.26%
Industrial REITs 14.49%
Retail REITs 13.14%
Office REITs 10.19%
Data Centers REITs 7.21%
Healthcare REITs 6.77%
Self Storage REITs 5.80%
Industrial/Office Mixed REITs 2.20%
Lodging/Resorts REITs 2.13%
Hypothetical Growth of $10,000 Since Inception (as of 11/30/2021) *