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First Trust Preferred Sec & Inc I (FPEIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
19.37
0.00 (0.00%)
At close: Nov 6, 2026
Fund Assets185.49M
Expense Ratio1.048%
Min. Investment$1,000,000
Turnover48.00%
Dividend (ttm)1.11
Dividend Yield5.73%
Dividend Growthn/a
Payout FrequencyMonthly
Ex-Dividend DateNov 30, 2026
Previous Close19.37
YTD Return-1.74%
1-Year Return-0.95%
5-Year Return10.76%
52-Week Low19.21
52-Week High20.70
Beta (5Y)0.32
Holdings225
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
Performance Rating Above Average
Risk Rating Average
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 -0.95% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.95%.

Other Share Classes

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

SymbolShare ClassExpense Ratio
FPERXClass R31.06%
FPECXClass C1.40%
FPEAXClass A1.65%
FPEFXClass F2.15%

Top 10 Holdings

15.64% of assets
NameSymbolWeight
Wells Fargo & Co 7 1/2 % Non Cum Perp Conv Pfd Shs -A- Series -L-WFC.7.5 PERP L2.20%
Barclays PLC 8%BACR.V8 PERP2.02%
Bank of America Corp. 6.625%BAC.V6.625 PERP1.93%
Land O'Lakes Inc. 8%LLAKES.8 PERP 144A1.51%
Credit Agricole S.A. 7.125%ACAFP.V7.125 PERP 144A1.50%
The Hartford Insurance Group Inc. 6.03768%HIG.F 02.12.47 ICON1.44%
BNP Paribas SA 8.5%BNP.V8.5 PERP 144A1.30%
NextEra Energy Capital Holdings Inc 6.5%NEE.6.5 06.01.85 U1.28%
American Agcredit ACA 8.746%AAGACA.V8.746 PERP QIB1.26%
Xcel Energy Inc 6.25%XEL.6.25 10.15.851.20%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Nov 30, 2026$0.0925Nov 30, 2026
Oct 30, 2026$0.0925Oct 30, 2026
Sep 30, 2026$0.0925Sep 30, 2026
Aug 31, 2026$0.0925Aug 31, 2026
Jul 31, 2026$0.0925Jul 31, 2026
Jun 30, 2026$0.0925Jun 30, 2026
Full Dividend History