First Trust Preferred Securities and Income’s remains a solid option within the preferred stock Morningstar Category, though investors should bear in mind its exposure to more volatile retail preferred shares.
First Trust Preferred Securities and Income ETF FPE
Morningstar’s Analysis FPE
Will FPE outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the FPE 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 FPE’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 14.1
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Bank of America Corp. 6.625% | 2.57 | 161M | Corporate |
Wells Fargo & Co 7 1/2 % Non Cum Perp Conv Pfd Shs -A- Series -L- | 2.04 | 128M | Financial Services |
Barclays PLC 8% | 1.67 | 105M | Corporate |
JPMorgan Chase & Co. 6.875% | 1.37 | 86M | Corporate |
NextEra Energy Capital Holdings Inc 0% | 1.35 | 85M | Corporate |
Xcel Energy Inc 0% | 1.25 | 78M | Corporate |
Credit Agricole S.A. 7.125% | 1.23 | 77M | Corporate |
Citigroup Inc. 6.625% | 1.22 | 77M | Corporate |
BNP Paribas SA 7.2% | 1.14 | 71M | Corporate |
The Charles Schwab Corporation 4% | 1.10 | 69M | Corporate |
United States