First Trust Preferred Sec & Inc R3 (FPERX)
| Fund Assets | 202.74M |
| Expense Ratio | 1.06% |
| Min. Investment | $0.00 |
| Turnover | 48.00% |
| Dividend (ttm) | 1.01 |
| Dividend Yield | 5.09% |
| Dividend Growth | -0.25% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 19.85 |
| YTD Return | 0.11% |
| 1-Year Return | 5.52% |
| 5-Year Return | 10.95% |
| 52-Week Low | 19.61 |
| 52-Week High | 20.36 |
| Beta (5Y) | 0.52 |
| Holdings | 213 |
| Inception Date | Mar 2, 2011 |
About FPERX
First Trust Preferred Securities and Income Fund Class R3 is an open-end mutual fund focused on generating current income and total return by investing primarily in preferred securities and hybrid capital instruments. The strategy typically allocates at least a substantial majority of assets to preferred stock and debt-like hybrids, targeting issuers across the financials sector and related industries where preferred capital structures are most prevalent. The portfolio spans institutional capital securities, contingent capital, and fixed-rate preferreds, reflecting the structure of key benchmark segments in the preferred and hybrid market. Managed by First Trust, the fund seeks diversified exposure to global corporate issuers while distributing income on a regular schedule. With an inception in 2011 and a Class R3 share structure, it is designed for retirement plan platforms and intermediated channels. The fund’s profile emphasizes credit quality within preferred markets and recognizes the unique risk-return characteristics of securities that combine equity-like subordination with bond-like income features, positioning it as a specialized vehicle for accessing the preferred and hybrid capital space.
Performance
FPERX had a total return of 5.52% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.60%.
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 | $0.0841 | Jun 30, 2026 |
| May 29, 2026 | $0.0842 | May 29, 2026 |
| Apr 30, 2026 | $0.0841 | Apr 30, 2026 |
| Mar 31, 2026 | $0.0841 | Mar 31, 2026 |
| Feb 27, 2026 | $0.0841 | Feb 27, 2026 |
| Jan 30, 2026 | $0.0841 | Jan 30, 2026 |