First Trust Preferred Securities and Income Fund Class F (FPEFX)
| Fund Assets | 208.03M |
| Expense Ratio | 1.31% |
| Min. Investment | $2,500 |
| Turnover | 43.00% |
| Dividend (ttm) | 0.99 |
| Dividend Yield | 4.91% |
| Dividend Growth | 1.24% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 20.16 |
| YTD Return | 4.30% |
| 1-Year Return | 7.90% |
| 5-Year Return | 21.66% |
| 52-Week Low | 19.13 |
| 52-Week High | 20.34 |
| Beta (5Y) | n/a |
| Holdings | 209 |
| Inception Date | Mar 2, 2011 |
About FPEFX
First Trust Preferred Securities and Income Fund Class F is an open-end mutual fund designed to provide investors with current income and total return. The fund primarily invests in a diversified portfolio of preferred securities and corporate debt instruments, with a significant focus on investment-grade issues. At least 80% of its assets are allocated to preferred stock and debt instruments that share similar characteristics with preferred stock, offering a blend of equity and fixed income features. A notable characteristic of the fund is its exposure to major financial institutions, with top holdings including preferred shares and debt from leading banks such as Bank of America, Wells Fargo, Barclays, and JPMorgan Chase. The portfolio also incorporates international and convertible securities, though the majority of assets are biased toward U.S. issuers and the financial sector. As a vehicle within the preferred stock category, this fund plays an important role for investors seeking income-generating assets with potentially lower volatility than common equities but higher yields than traditional bonds. With medium-term risk/return characteristics, it is positioned as a specialty fixed income offering, suited for diversified income-focused allocations in the broader financial market.
Performance
FPEFX had a total return of 7.90% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.30%.
Top 10 Holdings
16.69% of assets| Name | Symbol | Weight |
|---|---|---|
| Bank of America Corp | BAC.V6.625 PERP | 2.52% |
| Wells Fargo & Company | WFC | 2.24% |
| Barclays PLC | BACR.V8 PERP | 2.04% |
| JPMorgan Chase & Co | JPM.V6.875 PERP NN | 1.72% |
| Credit Agricole SA | ACAFP.V6.7 PERP 144A | 1.51% |
| LAND O'LAKES INC - Land O' Lakes Inc | LLAKES.8 PERP 144A | 1.39% |
| BNP Paribas SA | BNP.V8.5 PERP 144A | 1.38% |
| HARTFORD INSUR GRP INC/T - Hartford Insurance Group Inc/The | HIG.F 02.12.47 ICON | 1.31% |
| Charles Schwab Corp/The | SCHW.V4 PERP H | 1.30% |
| Lloyds Banking Group PLC | LLOYDS.V8 PERP | 1.27% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.0901 | Jun 30, 2025 |
| May 30, 2025 | $0.0901 | May 30, 2025 |
| Apr 30, 2025 | $0.090 | Apr 30, 2025 |
| Mar 31, 2025 | $0.090 | Mar 31, 2025 |
| Feb 28, 2025 | $0.090 | Feb 28, 2025 |
| Jan 31, 2025 | $0.090 | Jan 31, 2025 |