First Trust Institutional Preferred Securities and Income ETF (FPEI)

NYSEARCA: FPEI · IEX Real-Time Price · USD
18.49
+0.04 (0.22%)
Aug 8, 2022 4:00 PM EDT - Market closed
0.22%
Assets $598.25M
NAV $18.46
Expense Ratio 0.85%
PE Ratio n/a
Shares Out 32.40M
Dividend (ttm) $0.90
Dividend Yield 4.85%
Ex-Dividend Date Jul 21, 2022
1-Year Return -11.11%
Volume 142,269
Open 18.49
Previous Close 18.45
Day's Range 18.47 - 18.50
52-Week Low 17.61
52-Week High 21.72
Beta 0.37
Holdings 187
Inception Date Aug 22, 2017

About FPEI

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
Issuer First Trust Portfolios
Stock Exchange NYSEARCA
Ticker Symbol FPEI
Index Tracked Wells Fargo Hybrid and Preferred Securities Aggregate Index

Top 10 Holdings

16.90% of assets
Name Symbol Weight
Barclays PLC 8% BACR V8 PERP 2.20%
The Charles Schwab Corporation 4% SCHW V4 PERP I 2.12%
Highlands Holdings Bond Issuer Limited / Highlands Holdings Bond Co-Issuer AHL 7.625 10.15.25 144A 1.93%
Enstar Finance Llc 5.5% ESGR V5.5 01.15.42 1.85%
Wells Fargo & Company 3.9% WFC V3.9 PERP BB 1.67%
AerCap Holdings N.V. 5.88% AER V5.875 10.10.79 1.50%
Wells Fargo & Co 7 1/2 % Non Cum Perp Conv Pfd Shs -A- Series -L- WFC 7.5 PERP L 1.49%
Global Atlantic Finance Co. 4.7% GBLATL V4.7 10.15.51 144A 1.44%
Us Dollars n/a 1.40%
SVB Financial Group 4.25% SIVB V4.25 PERP D 1.30%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Jul 21, 2022 $0.077 Jul 29, 2022
Jun 24, 2022 $0.0748 Jun 30, 2022
May 24, 2022 $0.0771 May 31, 2022
Apr 21, 2022 $0.0678 Apr 29, 2022
Mar 25, 2022 $0.0833 Mar 31, 2022
Feb 18, 2022 $0.0729 Feb 28, 2022
Full Dividend History

News

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