First Trust Preferred Securities and Income Fund Class C (FPECX)
| Fund Assets | 207.10M |
| Expense Ratio | 2.16% |
| Min. Investment | $2,500 |
| Turnover | 48.00% |
| Dividend (ttm) | 0.91 |
| Dividend Yield | 4.47% |
| Dividend Growth | -0.38% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | n/a |
| Previous Close | 20.33 |
| YTD Return | 0.33% |
| 1-Year Return | 8.38% |
| 5-Year Return | 10.47% |
| 52-Week Low | 19.52 |
| 52-Week High | 20.65 |
| Beta (5Y) | n/a |
| Holdings | 227 |
| Inception Date | Feb 25, 2011 |
About FPECX
First Trust Preferred Securities and Income Fund Class C is a mutual fund designed to provide investors with a combination of current income and total return. Its core strategy is to invest at least 80% of its net assets in a diversified portfolio of preferred stock and debt instruments that share characteristics with preferred securities. The fund primarily targets investment grade securities, often issued by financial institutions and large corporations, and is benchmarked to indices tracking the U.S. preferred and hybrid securities markets. Notable holdings typically include major banks and financial companies such as Wells Fargo, Bank of America, and JPMorgan Chase, reflecting its focus on the financial sector. With a substantial number of holdings, the fund delivers diversification across issuers and security types. The fund pays monthly dividends, which appeals to those seeking regular income, and has delivered moderate historical returns. By participating in both equity- and debt-like instruments, the fund occupies a unique position in the fixed income and income-oriented segments of the market, providing exposure to assets that often feature higher yields than traditional bonds while also incorporating elements of credit and interest rate risk management.
Performance
FPECX had a total return of 8.38% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.22%.
Top 10 Holdings
16.49% of assets| Name | Symbol | Weight |
|---|---|---|
| Bank of America Corp. 6.625% | BAC.V6.625 PERP | 2.72% |
| Wells Fargo & Co 7 1/2 % Non Cum Perp Conv Pfd Shs -A- Series -L- | WFC.7.5 PERP L | 2.25% |
| Barclays PLC 8% | BACR.V8 PERP | 2.01% |
| Credit Agricole S.A. 7.125% | ACAFP.V7.125 PERP 144A | 1.53% |
| Land O'Lakes Inc. 8% | LLAKES.8 PERP 144A | 1.41% |
| NextEra Energy Capital Holdings Inc 6.5% | NEE.6.5 06.01.85 U | 1.38% |
| BNP Paribas SA 8.5% | BNP.V8.5 PERP 144A | 1.33% |
| Goldman Sachs Group, Inc. 7.5% | GS.V7.5 PERP X | 1.29% |
| The Hartford Insurance Group Inc. 6.23842% | HIG.F 02.12.47 ICON | 1.28% |
| Xcel Energy Inc 6.25% | XEL.6.25 10.15.85 | 1.28% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 30, 2026 | $0.0756 | Apr 30, 2026 |
| Mar 31, 2026 | $0.0754 | Mar 31, 2026 |
| Feb 27, 2026 | $0.0754 | Feb 27, 2026 |
| Jan 30, 2026 | $0.0755 | Jan 30, 2026 |
| Dec 31, 2025 | $0.0754 | Dec 31, 2025 |
| Nov 28, 2025 | $0.0755 | Nov 28, 2025 |