First Trust Preferred Sec & Inc ETF (FPE)
17.03
-0.03
(-0.18%)
USD |
NYSEARCA |
Apr 25, 16:00
17.04
+0.01
(+0.06%)
After-Hours: 20:00
Price Chart
Key Stats
Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
---|---|---|---|
0.84% | 0.06% | 5.229B | 1.440M |
Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
5.86% | 34.00% | -552.04M | Upgrade |
Basic Info
Investment Strategy | |
The investment seeks total return and to provide current income. Under normal market conditions, the fund invests at least 80% of its net assets (including investment borrowings) in preferred securities ("Preferred Securities") and income-producing debt securities ("Income Securities"). The fund invests in securities that are traded over-the-counter or listed on an exchange. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | -- |
Fixed Income Style | Medium Quality/Limited Sensitivity |
Broad Asset Class | Taxable Bond |
Broad Category | Fixed Income |
Category Name | Preferred Stock |
Category Index | ICE BofA Fxd Rate Pref TR USD |
Global Category Name | US Fixed Income |
YCharts Categorization | US Fixed Income |
YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
Prospectus Objective | Income |
Fund Owner Firm Name | First Trust Advisors L.P. |
Prospectus Benchmark Index | |
ICE BofA US IG Inst Captl TR USD | 100.0% |
Broad Asset Class Benchmark Index | |
^BBUSATR | 100.0% |
Manager Tenure | |
Robert Wolf | 11.14 yrs |
Eric Weaver | 4.08 yrs |
Angelo Graci | 2.09 yrs |
Performance Versus Category
As of April 25, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of April 25, 2024.
Basic Info
Investment Strategy | |
The investment seeks total return and to provide current income. Under normal market conditions, the fund invests at least 80% of its net assets (including investment borrowings) in preferred securities ("Preferred Securities") and income-producing debt securities ("Income Securities"). The fund invests in securities that are traded over-the-counter or listed on an exchange. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | -- |
Fixed Income Style | Medium Quality/Limited Sensitivity |
Broad Asset Class | Taxable Bond |
Broad Category | Fixed Income |
Category Name | Preferred Stock |
Category Index | ICE BofA Fxd Rate Pref TR USD |
Global Category Name | US Fixed Income |
YCharts Categorization | US Fixed Income |
YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
Prospectus Objective | Income |
Fund Owner Firm Name | First Trust Advisors L.P. |
Prospectus Benchmark Index | |
ICE BofA US IG Inst Captl TR USD | 100.0% |
Broad Asset Class Benchmark Index | |
^BBUSATR | 100.0% |
Manager Tenure | |
Robert Wolf | 11.14 yrs |
Eric Weaver | 4.08 yrs |
Angelo Graci | 2.09 yrs |