Morningstar

First Trust Preferred Securities and Income Fund Class I FPEIX

Morningstar Medalist Rating
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Medalist Rating as of See First Trust Investment Hub
  • NAV / 1-Day Return$19.28  /  −0.46%
  • Fund Size$185.6M
  • Adjusted Expense Ratio1.060%
  • Net Expense Ratio1.070%
  • Fee Level: DistributionHigh
  • Share Class TypeInstitutional
  • Morningstar CategoryPreferred Stock
  • Equity Style Box (Funds)Small Value
  • Minimum Initial Investment$1M
  • Investment StatusOpen
  • TTM Yield5.76%
  • Turnover Ratio48%
NAV and 1-Day Return as of

Morningstar’s Analysis FPEIX

Will FPEIX outperform in the future?

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

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FPEIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FPEIX 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 FPEIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

First Trust Preferred Sec & Inc I holds a quantitatively derived Bronze Morningstar Medalist Rating. The rating reflects that it has scored better than the norm on factors Morningstar research associates with future outperformance relative to category peers.

by Morningstar Automated Analysis
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Portfolio Holdings FPEIX

More FPEIX Holdings
  • Current Portfolio Date
  • Equity Holdings—
  • Bond Holdings—
  • Other Holdings—
  • % Assets in Top 10 Holdings14.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
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Land O'Lakes Inc. 8%

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The Hartford Insurance Group Inc. 6.03768%

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NextEra Energy Capital Holdings Inc 6.5%

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American Agcredit ACA 8.746%

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Xcel Energy Inc 6.25%

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