Key stats
About First Trust Institutional Preferred Securities & Income ETF
Home page
Inception date
Aug 22, 2017
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
ISIN
US33739P8555
FPEI is a niche fund that focuses on selecting institutional preferred securities and other income-producing debt securities. The allocation to preferred securities include issues typically geared towards institutional investors, as they are preferreds generally issued in large lot sizes and typically trade over-the-counter. The fund's sub-advisor utilitzes a top-down approach to take into consideration sector, interest rate and systemic risks. Individual securities are selected based on credit fundamentals, relative value and technical aspects such as: call features, trading volumes, and pricing inefficiencies. Due to the nature of preferred securities, the fund's holdings are concentrated in the financial sector. The fund may also hold corporate bonds and convertible securities of various credit quality and duration.
Related funds
Classification
What's in the fund
Exposure type
Corporate
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
FPEI trades at 19.21 USD today, its price has risen 0.10% in the past 24 hours. Track more dynamics on FPEI price chart.
FPEI net asset value is 19.15 today — it's risen 0.69% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
FPEI assets under management is 1.67 B USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
FPEI price has risen by 0.73% over the last month, and its yearly performance shows a 2.29% increase. See more dynamics on FPEI price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.69% over the last month, showed a 3.06% increase in three-month performance and has increased by 6.17% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.69% over the last month, showed a 3.06% increase in three-month performance and has increased by 6.17% in a year.
FPEI fund flows account for 243.94 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
FPEI invests in bonds. See more details in our Analysis section.
FPEI expense ratio is 0.85%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, FPEI isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, FPEI technical analysis shows the strong buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FPEI shows the buy signal. See more of FPEI technicals for a more comprehensive analysis.
Today, FPEI technical analysis shows the strong buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FPEI shows the buy signal. See more of FPEI technicals for a more comprehensive analysis.
Yes, FPEI pays dividends to its holders with the dividend yield of 5.53%.
FPEI trades at a premium (0.31%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
FPEI shares are issued by AJM Ventures LLC
FPEI follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Aug 22, 2017.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.