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First Trust Instl Pref Secs and Inc ETF FPEI ETF Analysis

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

Morningstar’s Analysis FPEI

Will FPEI outperform in 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.

Vulnerable to banking woes.

Analyst Chiayi Tsui

Chiayi Tsui

Analyst

Summary

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

by Chiayi Tsui
Rated on Published on

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