Skip to Content

First Trust Instl Pref Secs and Inc ETF FPEI

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.

Vulnerable to banking woes.

Analyst Chiayi Tsui

Chiayi Tsui

Analyst

Summary

Experienced managers lead the First Trust Institutional Preferred Securities and Income ETF FPEI, but a relaxed approach and spotty downside protection leave the process wanting. The strategy earns a Morningstar Medalist Rating of Neutral.

Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FPEI

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 17.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

The Toronto-Dominion Bank 8.125%

2.60 32.6 Mil
Corporate

ING Groep N.V. 7.5%

2.09 26.1 Mil
Corporate

Lloyds Banking Group PLC 8%

2.03 25.4 Mil
Corporate

Global Atlantic Finance Co. 4.7%

2.00 25.0 Mil
Corporate

BNP Paribas SA 8.5%

1.93 24.1 Mil
Corporate

Bank of America Corp. 6.125%

1.90 23.8 Mil
Corporate

Intesa Sanpaolo S.p.A. 7.7%

1.88 23.5 Mil
Corporate

JPMorgan Chase & Co. 6.875%

1.81 22.6 Mil
Corporate

Energy Transfer LP 7.125%

1.78 22.3 Mil
Corporate

NatWest Group PLC 6%

1.68 21.0 Mil
Corporate