Morningstar

First Trust Institutional Preferred Securities and Income ETF FPEI

Medalist Rating as of May 29, 2026 See First Trust Investment Hub

Will FPEI outperform in the future?

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

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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 May 29, 2026 Published on May 29, 2026

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