First Trust Preferred Sec & Inc A (FPEAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

19.76

+0.03 (0.15%)

At close: Aug 25, 2026

-1.40% (1Y)

Fund Assets	199.20M
Expense Ratio	1.65%
Min. Investment	$2,500
Turnover	48.00%
Dividend (ttm)	1.06
Dividend Yield	5.37%
Dividend Growth	-0.11%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	19.73
YTD Return	-0.10%
1-Year Return	3.47%
5-Year Return	11.70%
52-Week Low	19.70
52-Week High	20.47
Beta (5Y)	0.52
Holdings	213
Inception Date	Feb 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

Performance Rating Average

Risk Rating Average

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 3.47% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.79%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
FPERX	Class R3	1.06%
FPEIX	Class I	1.30%
FPECX	Class C	1.40%
FPEFX	Class F	2.15%

Top 10 Holdings

15.79% of assets

Name	Symbol	Weight
BANK OF AMERICA CORP - BAC V6.625 PERP	BAC.V6.625 PERP	2.58%
Wells Fargo & Company	WFC	2.12%
BARCLAYS PLC - BACR V8 PERP	BACR.V8 PERP	1.93%
CREDIT AGRICOLE SA - ACAFP V7.125 PERP 144A	ACAFP.V7.125 PERP 144A	1.47%
LAND O'LAKES INC - LLAKES 8 PERP 144A	LLAKES.8 PERP 144A	1.44%
HARTFORD INSURANCE GROUP INC (THE) - HIG F 02/12/47 ICON	HIG.F 02.12.47 ICON	1.34%
NextEra Energy, Inc.	NEE	1.30%
BNP PARIBAS SA - BNP V8.5 PERP 144A	BNP.V8.5 PERP 144A	1.25%
AMERICAN AGCREDIT ACA - AAGACA V5.25 PERP QIB	AAGACA.V8.68 PERP QIB	1.20%
Xcel Energy Inc.	XEL	1.17%

View More Holdings

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.0884	Jul 31, 2026
Jun 30, 2026	$0.0883	Jun 30, 2026
May 29, 2026	$0.0883	May 29, 2026
Apr 30, 2026	$0.0883	Apr 30, 2026
Mar 31, 2026	$0.0883	Mar 31, 2026
Feb 27, 2026	$0.0883	Feb 27, 2026

Full Dividend History