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FPEI - First Trust Institutional Preferred Securities and Income ETF

Stock Price: $20.53 USD 0.01 (0.02%)
Updated Apr 16, 2021 4:00 PM EDT - Market closed
Assets $350.72M
NAV $20.45
Expense Ratio 0.85%
PE Ratio n/a
Beta (5Y) 0.41
Dividend (ttm) $0.98
Dividend Yield 4.80%
Ex-Dividend Date Mar 25, 2021
1-Year Return -
Trading Day April 16
Last Price $20.53
Previous Close $20.52
Change ($) 0.01
Change (%) 0.02%
Day's Open 20.53
Day's Range 20.47 - 20.54
Day's Volume 48,639
52-Week Range 16.86 - 20.58

Fund Description

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.

Asset Class
Portfolio-Multi Asset
Sector
Income
Region
Global
Inception Date
Aug 22, 2017
Exchange
NYSEARCA
Ticker Symbol
FPEI
Index Tracked
Wells Fargo Hybrid and Preferred Securities Aggregate Index

Top 10 Holdings

20.90% of assets
NameSymbolWeight
Us Dollarsn/a3.38%
Emera Inc 6.75%n/a2.61%
Barclays PLC 8%n/a2.37%
Enbridge Incorporation 6%n/a2.26%
AerCap Holdings N.V. 5.88%n/a1.91%
Lloyds Banking Group plc 7.5%n/a1.83%
Land O'Lakes Inc. 7%n/a1.78%
Australia and New Zealand Banking Group Ltd. London Branch 6.75%n/a1.67%
Assured Guaranty Municipal Holdings Inc 6.4%n/a1.60%
Markel Corporation 6%n/a1.49%
View All Holdings

Dividends

Ex-DividendAmountPay Date
Mar 25, 2021$0.078Mar 31, 2021
Feb 23, 2021$0.0725Feb 26, 2021
Jan 21, 2021$0.0802Jan 29, 2021
Dec 24, 2020$0.0836Dec 31, 2020
Nov 24, 2020$0.0844Nov 30, 2020
Oct 21, 2020$0.0853Oct 30, 2020
Full Dividend History

News

There are no news available yet.