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 $19.24  /  −0.05 %
  • Fund Size $184.8M
  • Adjusted Expense Ratio 1.060%
  • Net Expense Ratio 1.070%
  • Fee Level: Distribution High
  • Share Class Type Institutional
  • Morningstar Category Preferred Stock
  • Equity Style Box (Funds) Small Value
  • Minimum Initial Investment $1M
  • Investment Status Open
  • TTM Yield 5.73%
  • Turnover Ratio 48%
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 Holdings 14.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Wells Fargo & Co 7 1/2 % Non Cum Perp Conv Pfd Shs -A- Series -L-

2.20 4M
Financial Services

Barclays PLC 8%

2.02 4M
Corporate

Bank of America Corp. 6.625%

1.93 4M
Corporate

Land O'Lakes Inc. 8%

1.51 3M
Corporate

Credit Agricole S.A. 7.125%

1.50 3M
Corporate

The Hartford Insurance Group Inc. 6.03768%

1.44 3M
Corporate

BNP Paribas SA 8.5%

1.30 3M
Corporate

NextEra Energy Capital Holdings Inc 6.5%

1.28 3M
Corporate

American Agcredit ACA 8.746%

1.26 2M
Corporate

Xcel Energy Inc 6.25%

1.20 2M
Corporate

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