First Trust Preferred Sec & Inc R3 (FPERX)

Fund Assets	185.49M
Expense Ratio	1.699%
Min. Investment	$0.00
Turnover	48.00%
Dividend (ttm)	1.01
Dividend Yield	5.33%
Dividend Growth	-0.22%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	18.91
YTD Return	-3.19%
1-Year Return	-1.15%
5-Year Return	7.01%
52-Week Low	18.91
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.

• Fund Family: First Trust
• Category: Preferred Stock
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: FPERX
• Share Class: Class R3
• Index: ICE BofA Fixed Rate Preferred H TR

Performance

FPERX had a total return of -1.15% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.30%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
FPEIX	Class I	1.30%
FPECX	Class C	1.40%
FPEAX	Class A	1.65%
FPEFX	Class F	2.15%

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.V8.746 PERP QIB	1.20%
Xcel Energy Inc.	XEL	1.17%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.0843	Sep 30, 2026
Aug 31, 2026	$0.0842	Aug 31, 2026
Jul 31, 2026	$0.0842	Jul 31, 2026
Jun 30, 2026	$0.0841	Jun 30, 2026
May 29, 2026	$0.0842	May 29, 2026
Apr 30, 2026	$0.0841	Apr 30, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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