First Trust Institutional Preferred Securities & Income ETF (FPEI)
| Assets | $1.51B |
| Expense Ratio | 0.85% |
| PE Ratio | n/a |
| Shares Out | 80.85M |
| Dividend (ttm) | $1.04 |
| Dividend Yield | 5.55% |
| Ex-Dividend Date | Dec 13, 2024 |
| Payout Ratio | n/a |
| 1-Year Return | +4.76% |
| Volume | 139,489 |
| Open | 18.70 |
| Previous Close | 18.73 |
| Day's Range | 18.69 - 18.72 |
| 52-Week Low | 17.68 |
| 52-Week High | 19.11 |
| Beta | 0.42 |
| Holdings | 164 |
| Inception Date | Aug 22, 2017 |
About FPEI
Fund Home PageThe First Trust Institutional Preferred Securities & Income ETF (FPEI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to provide current income and total return by investing in global institutional preferred and income-producing debt securities. FPEI was launched on Aug 22, 2017 and is issued by First Trust.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 13, 2024 | $0.087 | n/a |
| Nov 21, 2024 | $0.089 | n/a |
| Oct 22, 2024 | $0.091 | Oct 31, 2024 |
| Sep 26, 2024 | $0.080 | Sep 30, 2024 |
| Aug 21, 2024 | $0.091 | Aug 30, 2024 |
| Jul 23, 2024 | $0.088 | Jul 31, 2024 |
News
FPEI: A Good Mix Of Preferred Stock And Debt
First Trust Institutional Preferred Securities and Income ETF offers strong income generation with a 30-Day SEC Yield of 5.15%, focusing on institutional preferred securities. FPEI's diversified holdi...
Opportunities In The Preferreds Sector
We take a look at the preferreds sector across individual preferreds and funds. Preferreds offer high tax-adjusted yields for high-rate taxpayers and can act as "drier-powder" options. Individual pref...
Preferreds Weekly Review: Keep An Eye On The Spread Of Floating-Rate Preferreds
We take a look at the action in preferreds and baby bonds through the fourth week of March and highlight some of the key themes we are watching. Preferreds had a good week as Treasury yields fell on t...
Preferreds Weekly Review: Mandatory Convertibles Offer High-Beta Preferred Exposure
We take a look at the action in preferreds and baby bonds through the third week of March and highlight some of the key themes we are watching. Preferreds were down for the week due to rising Treasury...
Preferreds Weekly Review: Historic Drawdowns Are Relevant Again
We take a look at the action in preferreds and baby bonds through the fourth week of February and highlight some of the key themes we are watching. Preferreds had a strong week with a 1%+ return, driv...
Preferreds Weekly Review: A High Yield-To-Call Is Not Enough
We take a look at the action in preferreds and baby bonds through the second week of February and highlight some of the key themes we are watching. Preferreds were flat on the week as higher Treasury ...
Preferreds Weekly Review: AHL Preferred Gets Stuck Near Libor Peak
We take a look at the action in preferreds and baby bonds through the fourth week of January and highlight some of the key themes we are watching. Preferred stock and baby bond market had a good week ...
FPEI: Another Instrument To Play The Regional Banks Crisis
The First Trust Institutional Preferred Securities and Income ETF is a preferred securities fund. The fund is overweight bank preferred securities, with insurance and capital markets being the next hi...
Preferreds Weekly Review: Year-End Tax Losers Rally Hard
We take a look at the action in preferreds and baby bonds through the first week of January and highlight some of the key themes we are watching. Preferreds had a terrific start to the year, supported...