First Trust Preferred Sec & Inc A (FPEAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
20.16
+0.05 (0.25%)
Sep 10, 2025, 9:30 AM EDT
0.25%
Fund Assets208.58M
Expense Ratio1.41%
Min. Investment$2,500
Turnover43.00%
Dividend (ttm)1.06
Dividend Yield5.01%
Dividend Growth0.23%
Payout FrequencyMonthly
Ex-Dividend DateAug 29, 2025
Previous Close20.11
YTD Return6.28%
1-Year Return7.42%
5-Year Return20.51%
52-Week Low18.85
52-Week High20.22
Beta (5Y)n/a
Holdings209
Inception DateFeb 25, 2011

About FPEAX

First Trust Preferred Securities and Income Fund Class A is an open‑end mutual fund focused on generating current income and total return through a diversified portfolio of preferred securities and related hybrid instruments. The fund generally invests at least 80% of assets in preferred stock and debt securities with preferred‑like features, drawing heavily from issuers in the financial sector, as well as select utilities, energy, and industrial companies. It targets a segment that sits between equity and traditional bonds in the capital structure, aiming to capture higher coupon income while balancing credit and interest rate considerations typical of perpetual and fixed‑to‑floating preferreds. The strategy is benchmarked to preferred and contingent capital indices, reflecting exposure to both investment‑grade and below‑investment‑grade instruments. The fund distributes income monthly and has a long operating history since 2011, holding a broad roster of nearly two hundred positions to diversify issuer and structure risk. Within preferred stock portfolios, it plays a role for investors seeking income diversification away from core bonds, with performance and risk shaped by bank and insurer fundamentals, credit spreads, and rate dynamics.

Fund Family First Trust
Category Preferred Stock
Stock Exchange NASDAQ
Ticker Symbol FPEAX
Share Class Class A
Index ICE BofA Fixed Rate Preferred H TR

Performance

FPEAX had a total return of 7.42% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.94%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
FPEIXClass I1.06%
FPEFXClass F1.31%
FPERXClass R31.66%
FPECXClass C2.16%

Top 10 Holdings

16.69% of assets
NameSymbolWeight
Bank of America CorpBAC.V6.625 PERP2.52%
Wells Fargo & CompanyWFC2.24%
Barclays PLCBACR.V8 PERP2.04%
JPMorgan Chase & CoJPM.V6.875 PERP NN1.72%
Credit Agricole SAACAFP.V6.7 PERP 144A1.51%
LAND O'LAKES INC - Land O' Lakes IncLLAKES.8 PERP 144A1.39%
BNP Paribas SABNP.V8.5 PERP 144A1.38%
HARTFORD INSUR GRP INC/T - Hartford Insurance Group Inc/TheHIG.F 02.12.47 ICON1.31%
Charles Schwab Corp/TheSCHW.V4 PERP H1.30%
Lloyds Banking Group PLCLLOYDS.V8 PERP1.27%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Aug 29, 2025$0.0884Aug 29, 2025
Jul 31, 2025$0.0884Jul 31, 2025
Jun 30, 2025$0.0885Jun 30, 2025
May 30, 2025$0.0886May 30, 2025
Apr 30, 2025$0.0884Apr 30, 2025
Mar 31, 2025$0.0884Mar 31, 2025
Full Dividend History