First Trust Institutional Prefrrd Sec and Inc ETF (FPEI)
19.45
-0.06
(-0.33%)
USD |
NYSEARCA |
Jan 20, 11:23
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 0.86% | 0.18% | 1.865B | 340379.5 |
| Weighted Average Dividend Yield | Turnover Ratio (Generic) | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| -- | 38.00% | 156.24M | Upgrade |
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 January 20, 2026.
Asset Allocation
As of December 31, 2025.
| Type | % Net |
|---|---|
| Cash | 1.02% |
| Stock | 0.32% |
| Bond | 94.64% |
| Convertible | 0.00% |
| Preferred | 2.00% |
| Other | 2.02% |
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% |