First Trust Institutional Preferred Securities and Income’s capable team and thoughtful approach make it a solid option within the preferred stock Morningstar Category.
First Trust Institutional Preferred Securities and Income ETF FPEI
Morningstar’s Analysis FPEI
Will FPEI 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 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.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 15.7
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Bank of America Corp. 6.625% | 3.02 | 57M | Corporate |
Credit Agricole S.A. 7.125% | 1.83 | 34M | Corporate |
ING Groep N.V. 7% | 1.75 | 33M | Corporate |
Banco Bilbao Vizcaya Argentaria SA FXDFR PFS PERPETUAL USD 200000 - 05946KA | 1.69 | 32M | Corporate |
Citigroup Inc. 6.625% | 1.68 | 32M | Corporate |
The Toronto-Dominion Bank 8.125% | 1.67 | 31M | Corporate |
Enbridge Inc. 8.5% | 1.58 | 30M | Corporate |
Banco Santander SA 9.625% | 1.51 | 28M | Corporate |
The Charles Schwab Corporation 4% | 1.51 | 28M | Corporate |
Bank of Montreal 7.7% | 1.45 | 27M | Corporate |
United States