PRME

First Trust Heitman Global Prime Real Estate ETF
F

68
*Unless otherwise stated, data provided by FactSet.

PRME Fund Description

PRME is an actively-managed portfolio of global REITs and real estate companies with holdings in high-value markets and properties.

PRME Factset Analytics Insight

PRME's active manager seeks out only the finest global real estate. The REITs and operating companies it holds must have at least 75% of their assets located in so-called prime cities—those that dominate their region and have major ties to global trade, as determined by sub-advisor Heitman. Further, at least half of all assets must be high-value, "prime" assets. It's essentially a growth play, betting that the global urbanization trend will continue and that currently-valuable properties will be even more valuable in the future. Consequently, the issuer expects its holdings to have relatively low cap rates; that is, lower income.With no index to track, the manager has broad leeway to reconfigure the fund's portfolio at any time. However, like most active funds, PRME charges a lot more than most of its indexed peers. It's also more concentrated, potentially holding as few as 25 names. As a result, investors will need a high degree of confidence in both the fund's thesis and the manager's ability to deliver it.

PRME MSCI ESG Analytics Insight

First Trust Heitman Global Prime Real Estate ETF has an MSCI ESG Fund Rating of A based on a score of 7.05 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. First Trust Heitman Global Prime Real Estate ETF ranks in the 89th percentile within its peer group and in the 98th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

PRME CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 06/18/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
PRME 2.03% 2.97% 18.24% 8.47% 5.71% -- --
PRME (NAV) 1.74% 3.52% 17.89% 9.80% 6.13% -- --
No Underlying Index -- -- -- -- -- -- --
Thomson Reuters Global Real Estate -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

PRME Top 10 Countries

PRME Top 10 Sectors

PRME Top 10 Holdings [View All]

PRME Summary Data

First Trust
11/12/15
Open-Ended Fund
0.95%
$2.12M
$4.08K
1.23%

PRME Portfolio Data

$18.22B
17.67
1.50
3.74%
06/14/19
40

PRME Index Data

No Underlying Index
Proprietary
Proprietary
Thomson Reuters Global Real Estate

PRME Portfolio Management

0.95%
--
--
--

PRME Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

PRME Fund Structure

Open-Ended Fund
No
No
100% / 0%
N/A
N/A
High
Daily
Cboe Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

PRME Factset Analytics Block Liquidity

As of 06/19/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of PRME. PRME is rated a 4 out of 5.

PRME Tradability

176
$4.08K
0
0
1.23%
$0.26
-0.27%
7.68% / -3.01%
None
63.00%
50,000
0
0.07%
0.17%
--
$21.18
4

PRME Sector/Industry Breakdown


PRME
Segment Benchmark
59.43%
31.80%
16.81%
25.75%
12.23%
7.44%
1.56%
1.95%
1.28%
20.70%

PRME TOP 10 HOLDINGS[View All]

3.94%
2.97%
45.6%

PRME Countries


PRME
Segment Benchmark
54.80%
49.71%
9.52%
9.58%
6.84%
11.62%
6.58%
3.63%
4.77%
2.92%
4.54%
1.24%
4.09%
0.46%
2.79%
2.35%
2.27%
1.16%
2.23%
3.11%

PRME Regions


PRME
Segment Benchmark
57.60%
52.06%
25.17%
32.42%
17.23%
11.70%
--
2.80%
--
1.02%

PRME Economic Development


PRME
Segment Benchmark
100.00%
92.75%
--
7.25%

PRME Performance Statistics

0.86
1.16
1.29
1.16
0.30%
Thomson Reuters Global Real Estate

PRME MSCI ESG Ratings

A
7.05 / 10
98.40
88.71
1.83%
23.90%
86.79

PRME BENCHMARK COMPARISON HOLDINGS

40
963
38
19.60%

PRME BENCHMARK COMPARISON SUMMARY


PRME
Segment Benchmark
40
963
$18.22B
$17.59B
17.67
16.40
1.50
1.45
2.94%
3.77%
Medium
Low

PRME BENCHMARK COMPARISON MARKET CAP SIZE


PRME
Segment Benchmark
45.73%
43.82%
48.68%
36.88%
4.45%
16.70%
0.00%
2.59%