FPEI

Fund Description
The First Trust Institutional Preferred Securities and Income ETF is an actively managed exchange-traded fund. The funds investment objective is to seek 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 institutional preferred securities and income-producing debt securities.
Fund Profile
Fund Name First Trust Institutional Preferred Securities and Income ETF
Fund Exchange Ticker FPEI
Fund Sponsor First Trust
Fund ISIN US33739P8555
Net Expense Ratio 0.85 %
Fund Inception Date 22 August 2017
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 Target Date / Multi-Asset
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Funds Combining Developed & Emerging Exposure
Key Statistics
Return As of Date 23 September 2021
Asset Under Management 441.94 Million (USD)
1 Month Total Return 0.52 %
Year To Date Return 5.13 %
1 Year Total Return 11.49 %
3 Year Annualized Total Return 7.93 %
NAV 20.7
Share Outstanding 21,350,000
Top 10 Holdings (23 September 2021)
Constituent Name Constituent Ticker Constituent Type Weighting
US Dollar CASH 0.0416000000
BARCLAYS PLC Variable rate PREF 0.0260000000
EMERA INC Variable rate due 06/15/2076 PREF 0.0213000000
AERCAP HOLDINGS NV Variable rate due 10/10/2079 PREF 0.0189000000
ENBRIDGE INC Variable rate due 01/15/2077 PREF 0.0186000000
HIGHLAND HOLDINGS BOND 7.625% due 10/15/2025 BOND 0.0156000000
SOUTHERN CAL EDISON Series E Variable rate PREF 0.0149000000
LAND O'LAKES INC BOND 0.0146000000
LLOYDS BANKING GROUP PLC BOND 0.0144000000
AUST & NZ BANKING GROUP Variable rate PREF 0.0132000000

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