First Trust Preferred Securities and Income ETFFirst Trust Preferred Securities and Income ETFFirst Trust Preferred Securities and Income ETF

First Trust Preferred Securities and Income ETF

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Key stats


Assets under management (AUM)
‪5.76 B‬USD
Fund flows (1Y)
‪90.16 M‬USD
Dividend yield (indicated)
5.54%
Discount/Premium to NAV
0.7%

About First Trust Preferred Securities and Income ETF


Issuer
AJM Ventures LLC
Brand
First Trust
Expense ratio
0.85%
Inception date
Feb 11, 2013
Index tracked
No Underlying Index
Management style
Active
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


Asset Class
Fixed income
Category
Corporate, broad-based
Focus
Broad credit
Niche
Broad maturities
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
StocksBonds, Cash & Other
Finance
Corporate
Stocks36.15%
Finance30.40%
Communications1.75%
Consumer Non-Durables1.55%
Utilities0.99%
Energy Minerals0.54%
Industrial Services0.44%
Consumer Durables0.36%
Distribution Services0.13%
Bonds, Cash & Other63.85%
Corporate58.29%
ETF3.47%
Cash0.88%
Miscellaneous0.46%
Rights & Warrants0.41%
Structured0.23%
Government0.11%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
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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.