FPE - First Trust Preferred Securities and Income ETF
|Ex-Dividend Date||Mar 25, 2021|
|Trading Day||April 20|
|Day's Range||20.36 - 20.41|
|52-Week Range||16.53 - 20.42|
The investment seeks total return and to provide current income. Under normal market conditions, the fund invests at least 80% of its net assets (including investment borrowings) in preferred securities (Preferred Securities) and income-producing debt securities (Income Securities). The fund invests in securities that are traded over-the-counter or listed on an exchange.
|Asset Class |
|Inception Date |
Feb 12, 2013
|Ticker Symbol |
|Index Tracked |
Wells Fargo Hybrid and Preferred Securities Aggregate Index
Top 10 Holdings16.73% of assets
|Emera Inc 6.75%||n/a||2.13%|
|AerCap Holdings N.V. 5.88%||n/a||2.08%|
|Barclays PLC 8%||n/a||1.73%|
|Wells Fargo & Co 7 1/2 % Non Cum Perp Conv Pfd Shs -A- Series -L-||n/a||1.52%|
|GMAC Capital Trust I Pfd Secs 2011-15.2.40 Gtd Series 2||n/a||1.40%|
|Societe Generale S.A. 5.38%||n/a||1.27%|
|Credit Suisse Group AG 7.5%||n/a||1.14%|
|Lloyds Banking Group plc 7.5%||n/a||1.12%|
|Enbridge Incorporation 6%||n/a||1.10%|
|Mar 25, 2021||$0.0867||Mar 31, 2021|
|Feb 23, 2021||$0.0792||Feb 26, 2021|
|Jan 21, 2021||$0.0707||Jan 29, 2021|
|Dec 24, 2020||$0.0817||Dec 31, 2020|
|Nov 24, 2020||$0.0893||Nov 30, 2020|
|Oct 21, 2020||$0.0629||Oct 30, 2020|
These preferred ETFs are yielding more than 5% annually and losing little in prices amid the market bloodbath.
By Robert Ross An entire class of high-yield stocks just got a big boost. Fed Chairman Jerome Powell announced last Wednesday that the central bank will cut interest rates by 0.25%.
ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs/ETPs ecosystem, reported today that actively managed ETFs and ETPs generated net inflows of IUS$4.24 billion...