First Trust Institutional Prefrrd Sec and Inc ETF (FPEI)
19.10
-0.10
(-0.55%)
USD |
NYSEARCA |
May 21, 12:57
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 0.85% | 0.26% | 1.876B | 394143.7 |
| Weighted Average Dividend Yield | Turnover Ratio (Generic) | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| -- | 38.00% | 216.66M |
Basic Info
| Investment Strategy | |
| The Fund seeks total return and to provide current income. Under normal market conditions, the Fund invests at least 80% of its net assets in institutional preferred securities and income-producing debt securities. The fund is actively managed and combines a bottom-up and top-down approach in security selection. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond Global USD |
| Peer Group | Flexible Income Funds |
| Global Macro | Bond Global |
| US Macro | General Domestic Taxable Fixed Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Flexible Income Funds |
| Fund Owner Firm Name | First Trust |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of May 21, 2026.
Asset Allocation
As of April 30, 2026.
| Type | % Net |
|---|---|
| Cash | -0.09% |
| Stock | 0.00% |
| Bond | 96.95% |
| Convertible | 0.00% |
| Preferred | 1.32% |
| Other | 1.82% |
Basic Info
| Investment Strategy | |
| The Fund seeks total return and to provide current income. Under normal market conditions, the Fund invests at least 80% of its net assets in institutional preferred securities and income-producing debt securities. The fund is actively managed and combines a bottom-up and top-down approach in security selection. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond Global USD |
| Peer Group | Flexible Income Funds |
| Global Macro | Bond Global |
| US Macro | General Domestic Taxable Fixed Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Flexible Income Funds |
| Fund Owner Firm Name | First Trust |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |