Fund Description
The First Trust Preferred Securities and Income ETF ( the Fund ) seeks total return and to provide current income by investing primarily in preferred securities and income-producing debt securities, including corporate bonds, high-yield securities and convertible securities. Under normal market conditions, at least 80 percent of the Fund s net assets, including investment borrowings, will be allocated to these asset classes.
Fund Profile
Fund Name First Trust Preferred Securities and Income ETF
Fund Exchange Ticker FPE
Fund Sponsor First Trust
Fund ISIN US33739E1082
Net Expense Ratio 0.85 %
Fund Inception Date 12 February 2013
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Multi-Asset / Other
Asset Class Other Asset Types
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Key Statistics
Return As of Date 21 June 2019
Asset Under Management 3739.49 Million (USD)
1 Month Total Return 1.57 %
Year To Date Return 10.48 %
1 Year Total Return 6.75 %
3 Year Annualized Total Return 6.19 %
NAV 19.34
Share Outstanding 193,355,000
Top 10 Holdings (20 June 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
ENEL SPA Variable rate due 09/24/2073 PREF 0.0232000000
EMERA INC Variable rate due 06/15/2076 PREF 0.0201000000
BARCLAYS PLC Variable rate PREF 0.0157000000
GMAC Capital Trust I Series 2 Variable Rate Due 02/15/2040 ALLY.A PREF 0.0155000000
BHP BILLITON FIN USA LTD Variable rate due 10/19/2075 PREF 0.0151000000
CREDIT AGRICOLE SA Variable rate BJ4FPL9 PREF 0.0142000000
ROYAL BK SCOTLND GRP PLC Variable rate PREF 0.0134000000
ROYAL BK SCOTLND GRP PLC Variable rate PREF 0.0131000000
CATLIN INSURANCE CO LTD Preferred Variable rate PREF 0.0129000000
SOCIETE GENERALE Variable rate PREF 0.0125000000