First Trust Instl Pref Secs and Inc ETF (FPEI)
17.96
0.00 (0.00%)
USD |
NYSEARCA |
Apr 24, 16:00
17.96
0.00 (0.00%)
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 |
|---|---|---|---|
| 0.85% | -0.06% | 1.249B | 311216.3 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 5.71% | 26.00% | 251.16M | Upgrade |
Basic Info
| Investment Strategy | |
| The investment seeks total return and to provide current income. The fund invests at least 80% of its net assets (including investment borrowings) in institutional preferred securities and income-producing debt securities ("Income Securities"). Preferred securities are a type of equity security that have preference over common stock in the payment of distributions and the liquidation of a company's assets, but are generally junior to all forms of the company's debt, including both senior and subordinated debt. The fund's investments in preferred securities will primarily be in institutional preferred securities. |
| 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 | Growth and Income |
| Fund Owner Firm Name | First Trust Advisors L.P. |
| Prospectus Benchmark Index | |
| ICE BofA US HY Inst Captl TR USD | 15.00% |
| ICE BofA US IG Inst Captl TR USD | 45.00% |
| ICE BofA USD Contingent Capital TR USD | 40.00% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Robert Wolf | 6.61 yrs |
| Eric Weaver | 4.08 yrs |
| Angelo Graci | 2.09 yrs |
Performance Versus Category
As of April 23, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of April 23, 2024.
Basic Info
| Investment Strategy | |
| The investment seeks total return and to provide current income. The fund invests at least 80% of its net assets (including investment borrowings) in institutional preferred securities and income-producing debt securities ("Income Securities"). Preferred securities are a type of equity security that have preference over common stock in the payment of distributions and the liquidation of a company's assets, but are generally junior to all forms of the company's debt, including both senior and subordinated debt. The fund's investments in preferred securities will primarily be in institutional preferred securities. |
| 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 | Growth and Income |
| Fund Owner Firm Name | First Trust Advisors L.P. |
| Prospectus Benchmark Index | |
| ICE BofA US HY Inst Captl TR USD | 15.00% |
| ICE BofA US IG Inst Captl TR USD | 45.00% |
| ICE BofA USD Contingent Capital TR USD | 40.00% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Robert Wolf | 6.61 yrs |
| Eric Weaver | 4.08 yrs |
| Angelo Graci | 2.09 yrs |