Key stats
About First Trust Preferred Securities and Income ETF
Home page
Inception date
Feb 11, 2013
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
FPE invests in preferred stocks issued by US firms including foreign non-USD issues. The Fund may include issues from the financial, communications, consumer, government, utilities, energy, materials, industrial and technology sectors but may concentrate at least 25% to the financial sector. Securities are selected by combining a bottom-up individual security analysis and top-down sector analysis focusing on three significant areas: credit fundamentals, relative value, and technical factors like interest rate sensitivity, call features, maturities, and pricing inefficiencies. The fund carries a fair amount of interest rate risk due to its long average duration. FPE may also invest in REITs and up to 40% of the portfolio can be allocated in high-yielding bonds.
Classification
What's in the fund
Exposure type
Corporate
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
FPE trades at 17.54 USD today, its price has risen 0.11% in the past 24 hours. Track more dynamics on FPE price chart.
FPE net asset value is 17.49 today — it's risen 0.91% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
FPE assets under management is 5.69 B USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
FPE price has risen by 0.86% over the last month, and its yearly performance shows a 1.98% increase. See more dynamics on FPE price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.91% over the last month, showed a −1.24% decrease in three-month performance and has increased by 4.33% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.91% over the last month, showed a −1.24% decrease in three-month performance and has increased by 4.33% in a year.
FPE fund flows account for 370.49 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
FPE invests in bonds. See more details in our Analysis section.
FPE expense ratio is 0.85%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, FPE isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, FPE technical analysis shows the buy rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FPE shows the neutral signal. See more of FPE technicals for a more comprehensive analysis.
Today, FPE technical analysis shows the buy rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FPE shows the neutral signal. See more of FPE technicals for a more comprehensive analysis.
Yes, FPE pays dividends to its holders with the dividend yield of 5.88%.
FPE trades at a premium (0.07%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
FPE shares are issued by AJM Ventures LLC
FPE follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Feb 11, 2013.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.