FPEFirst Trust Preferred Securities and Income ETF

Grow my money Get income13y track recordRanked #472 of 1,622 in this goal

Seeks total return and to provide current income.

By First Trust · Launched 2013

Annual Cost

0.83%

#4,238 of 5,562 · expensive

Fund Size

$6.3B

#387 of 5,562 · large

Return (1Y)Goal

+7.6%

Track Record

13 years

#1,055 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,537+5.4%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

What it actually holds

By weight

Concentration

Top 10 holdings = 15.0% of fund✓ well diversified

BANK OF AMERICA CORP

2.5%

WELLS FARGO & COMPANY

2.1%

BARCLAYS PLC

1.7%

NEXTERA ENERGY CAPITAL

1.4%

JPMORGAN CHASE & CO

1.3%

XCEL ENERGY INC

1.3%

CREDIT AGRICOLE SA

1.2%

CITIGROUP INC

1.2%

GOLDMAN SACHS GROUP INC

1.2%

T-MOBILE USA INC

1.1%

Asset allocation

Bonds

50.7%

Preferred

48.1%

Convertible

1.0%

Cash

0.1%

Other

0.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

3.9%Low

Year-on-year price swings

Max drawdown

-33.3%Severe

Worst peak-to-trough loss

Sharpe (3Y)

1.28Strong risk-adjusted returns

Sortino (3Y)

1.87Good downside protection

Bond profile

Duration

7.3 years

Avg maturity

10.1 years

Credit ratings

1.5%

BBB

79.3%

15.3%

0.5%

Other

3.5%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks total return and to provide current income.
Strategy: Invests primarily in preferred and income-producing debt securities, focusing on those with the best relative value. The Fund employs a bottom-up and top-down analysis approach, considering credit fundamentals, relative value, and technical aspects. It diversifies within the preferred securities asset class and may invest in REITs and corporate bonds, including high yield and convertible securities.
Inception date: February 11, 2013
Fund family: First Trust