First Trust Preferred Sec & Inc I (FPEIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
20.34
-0.09 (-0.44%)
Oct 10, 2025, 4:00 PM EDT
-0.44%
Fund Assets216.50M
Expense Ratio1.06%
Min. Investment$1,000,000
Turnover43.00%
Dividend (ttm)1.11
Dividend Yield5.46%
Dividend Growthn/a
Payout FrequencyMonthly
Ex-Dividend DateSep 30, 2025
Previous Close20.43
YTD Return6.88%
1-Year Return6.66%
5-Year Return22.32%
52-Week Low19.05
52-Week High20.51
Beta (5Y)0.31
Holdings217
Inception DateJan 11, 2011

About FPEIX

First Trust Preferred Securities and Income Fund is an institutional-class mutual fund focused on delivering current income and total return by investing predominantly in preferred securities and similar income-producing instruments. The fund allocates at least 80% of its net assets to preferred stocks and hybrid securities, which blend characteristics of both equities and fixed income instruments, often providing a steady income stream. The portfolio is diversified across a range of sectors, with significant exposure to leading financial institutions, energy companies, and global corporates, as evidenced by top holdings like Wells Fargo, Barclays, and Bank of America. The fund seeks to provide regular monthly distributions to investors, making it a suitable vehicle for those prioritizing income within a diversified fixed income strategy. With a relatively low beta over five years, the fund typically exhibits less volatility compared to broad equity markets, enhancing its appeal for income-oriented investors. Launched in 2011, it maintains an institutional minimum investment and has cultivated a track record of consistent returns, emphasizing its established role in the preferred securities mutual fund market.

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

Performance

FPEIX had a total return of 6.66% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.28%.

Other Share Classes

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

SymbolShare ClassExpense Ratio
FPEFXClass F1.31%
FPEAXClass A1.41%
FPERXClass R31.66%
FPECXClass C2.16%

Top 10 Holdings

17.02% of assets
NameSymbolWeight
Bank of America CorpBAC.V6.625 PERP2.81%
Wells Fargo & CompanyWFC2.23%
Barclays PLCBACR.V8 PERP2.06%
JPMorgan Chase & CoJPM.V6.875 PERP NN1.70%
Credit Agricole SAACAFP.V6.7 PERP 144A1.55%
LAND O'LAKES INC - Land O' Lakes Incn/a1.39%
BNP Paribas SABNP.V8.5 PERP 144A1.37%
Goldman Sachs Group Inc/TheGS.V7.5 PERP X1.32%
HARTFORD INSUR GRP INC/T - Hartford Insurance Group Inc/Then/a1.30%
Lloyds Banking Group PLCn/a1.29%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Sep 30, 2025$0.0925Sep 30, 2025
Aug 29, 2025$0.0925Aug 29, 2025
Jul 31, 2025$0.0925Jul 31, 2025
Jun 30, 2025$0.0925Jun 30, 2025
May 30, 2025$0.0925May 30, 2025
Apr 30, 2025$0.0925Apr 30, 2025
Full Dividend History