First Trust Preferred Sec & Inc C (FPECX)
| Fund Assets | 202.74M |
| Expense Ratio | 1.40% |
| Min. Investment | $2,500 |
| Turnover | 48.00% |
| Dividend (ttm) | 0.91 |
| Dividend Yield | 4.51% |
| Dividend Growth | -0.57% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 20.13 |
| YTD Return | -0.10% |
| 1-Year Return | 5.01% |
| 5-Year Return | 8.10% |
| 52-Week Low | 19.89 |
| 52-Week High | 20.65 |
| Beta (5Y) | 0.52 |
| Holdings | 213 |
| 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 5.01% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.15%.
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% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.0756 | Jun 30, 2026 |
| May 29, 2026 | $0.0757 | May 29, 2026 |
| 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 |