Morningstar

First Trust Preferred Securities and Income Fund Class R3 FPERX

Morningstar Medalist Rating
Unlock
Medalist Rating as of See First Trust Investment Hub
  • NAV / 1-Day Return $18.89  /  −0.11 %
  • Fund Size $184.8M
  • Adjusted Expense Ratio 1.650%
  • Net Expense Ratio 1.660%
  • Fee Level: Distribution High
  • Share Class Type Retirement, Medium
  • Morningstar Category Preferred Stock
  • Equity Style Box (Funds) Small Value
  • Minimum Initial Investment $0
  • Investment Status Open
  • TTM Yield 5.31%
  • Turnover Ratio 48%
NAV and 1-Day Return as of

Morningstar’s Analysis FPERX

Will FPERX 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 FPERX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FPERX 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 FPERX’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 R3 holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FPERX

More FPERX 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

Sponsor Center