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First Trust Preferred Sec & Inc ETF FPE

Medalist Rating as of | See First Trust Investment Hub

Morningstar’s Analysis FPE

Will FPE outperform in future?

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

High on yield, low on industry diversification.

Analyst Chiayi Tsui

Chiayi Tsui

Analyst

Summary

Long-tenured managers lead First Trust Preferred Securities and Income ETF FPE, but the strategy is not always effective in limiting downside risks, leaving the process wanting.

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Portfolio Holdings FPE

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 16.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Wells Fargo & Co 7 1/2 % Non Cum Perp Conv Pfd Shs -A- Series -L-

2.47 130.8 Mil
Financial Services

Barclays PLC 8%

2.40 127.0 Mil
Corporate

Highlands Holdings Bond Issuer Limited / Highlands Holdings Bond Co-Issuer

1.98 104.8 Mil
Corporate

JPMorgan Chase & Co. 6.875%

1.82 96.7 Mil
Corporate

Intesa Sanpaolo S.p.A. 7.7%

1.74 92.1 Mil
Corporate

Algonquin Power & Utilities Corporation 4.75%

1.58 83.6 Mil
Corporate

Bank of America Corp 7 1/4 % Non-Cum Perp Conv Pfd Shs Series -L-

1.55 82.3 Mil
Financial Services

Lloyds Banking Group PLC 8%

1.43 75.6 Mil
Corporate

Global Atlantic Finance Co. 4.7%

1.39 73.7 Mil
Corporate

Energy Transfer LP 7.125%

1.31 69.4 Mil
Corporate