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First Trust Preferred Sec & Inc I FPEIX

Medalist Rating as of | See First Trust Investment Hub
  • NAV / 1-Day Return 17.75  /  0.18 %
  • Total Assets 212.9 Mil
  • Adj. Expense Ratio
    1.000%
  • 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.

null Morningstar Manager Research

Morningstar Manager Research

Summary

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.

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Portfolio Holdings FPEIX

  • 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