FPEI : First Trust Institutional Preferred Securities and Income ETF

FPEI is a Other Market Preferred Stock with LOW fees.

FPEI

First Trust Institutional Preferred Securities and Income ETF

FI Score

56 /100

Expense Ratio Rating

8 /10

Expense Rating

2 /10

Market Score

8 /10

Category Score

0 /10

Market Size

8 /10

56% FI Score
  • fpei
  • ETF
  • Other
  • Preferred Stock

First Trust Institutional Preferred Securities and Income ETF

Expenses: 0.85% (Better than 1% of similar funds)

This is an OK choice for a Preferred Stock Other fund. See why ยป

Fund Summary

The investment seeks total return and to provide current income. The fund invests at least 80% of its net assets (including investment borrowings) in institutional preferred securities and income-producing debt securities (Income Securities). Preferred securities are a type of equity security that have preference over common stock in the payment of distributions and the liquidation of a company's assets, but are generally junior to all forms of the company's debt, including both senior and subordinated debt. The fund's investments in preferred securities will primarily be in institutional preferred securities. It is non-diversified.

Largest Holdings

Amount Holding
4.17% EMERA INCORPORATED 6.75%
2.73% Barclays PLC 8%
2.48% Enbridge Incorporation 6%
2.11% Axis Specialty Finance LLC 4.9%
2.05% Lloyds Banking Group plc 7.5%
2.02% Enel - Societa per Azioni 8.75%
1.94% Australia and New Zealand Banking Group Ltd. London Branch 6.75%
1.79% JPMorgan Chase & Co. 4.75%
1.57% Barclays PLC 7.88%
1.56% BNP Paribas 7.38%

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