Morningstar

First Trust Institutional Preferred Securities and Income ETF FPEI

Morningstar Medalist Rating
Medalist Rating as of | See First Trust Investment Hub

Morningstar’s Analysis FPEI

Will FPEI outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FPEI’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FPEI management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FPEI’s parent organization’s priorities and whether they’re in line with investors’ interests.

A solid, institutional-oriented option for preferred exposure.

Director Alec Lucas

Alec Lucas

Director

Summary

First Trust Institutional Preferred Securities and Income’s capable team and thoughtful approach make it a solid option within the preferred stock Morningstar Category.

by Alec Lucas
Rated on Published on

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Portfolio Holdings FPEI

More FPEI Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 15.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Bank of America Corp. 6.625%

3.24 60M
Corporate

Citigroup Inc. 6.625%

2.16 40M
Corporate

Credit Agricole S.A. 7.125%

1.99 37M
Corporate

ING Groep N.V. 7%

1.75 32M
Corporate

Banco Bilbao Vizcaya Argentaria SA FXDFR PFS PERPETUAL USD 200000 - 05946KA

1.64 30M
Corporate

Enbridge Inc. 8.5%

1.53 28M
Corporate

Charles Schwab Corp. (The) 4%

1.49 27M
Corporate

Banco Santander SA 9.625%

1.48 27M
Corporate

Bank of Montreal 7.7%

1.45 27M
Corporate

BNP Paribas SA 8.5%

1.31 24M
Corporate

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