FRI - The State Of REITs: June 2021 Edition

June, 16 2021 10:40 AM First Trust S&P REIT Index Fund

The REIT sector has achieved gains in every month of 2021 thus far, including a +1.77% average total return in May.
Micro cap REITs (+12.2%) rebounded in May after a couple of rough months to significantly outperform their larger peers. Mid caps (-0.03%) narrowly failed to extend their gains.
58.24% of REIT securities had a positive total return in May.
Hotels and Student Housing REITs led all property types in May, while Corrections and Health Care REITs suffered the largest declines.
Upward revisions to NAV estimates were on average larger than share price increases in May, pushing the average NAV premium down to 2.31% and the median premium to 3.5%.

For further details see:

Company Name:	First Trust S&P REIT Index Fund
Stock Symbol:	FRI
Market:	NYSE