First Trust Preferred Sec & Inc I's Average Process Pillar and People Pillar ratings result in a Morningstar Medalist Rating of Neutral. The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.
- NAV / 1-Day Return 17.75 / 0.18 %
- Total Assets 212.9 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.000%
- Distribution Fee Level Above Average
- Share Class Type Institutional
- Category Preferred Stock
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 1,000,000
- Status Open
- TTM Yield 5.79%
- Effective Duration —
Morningstar’s Analysis FPEIX
Will FPEIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
People Pillar
Parent Pillar
- Current Portfolio Date Apr 30, 2023
- Equity Holdings 0
- Bond Holdings 81
- Other Holdings 111
- % Assets in Top 10 Holdings 17.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector
Bank of America Corporation 6.13%
2.74
5,735,168
Corporate
AerCap Holdings N.V. 5.88%
2.18
4,561,423
Corporate
Highlands Holdings Bond Issuer Limited / Highlands Holdings Bond Co-Issuer
2.14
4,491,845
Corporate
Barclays PLC 8%
2.08
4,356,864
Corporate
Enbridge Inc. 6%
2.07
4,338,076
Corporate
Wells Fargo & Co 7 1/2 % Non Cum Perp Conv Pfd Shs -A- Series -L-
1.96
4,110,298
Financial Services
Barclays PLC 8%
1.80
3,777,292
Corporate
Credit Agricole S.A. 8.13%
1.80
3,767,593
Corporate
The Toronto-Dominion Bank 8.13%
1.58
3,318,348
Corporate
Global Atlantic Finance Co. 4.7%
1.54
3,223,286
Corporate