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FPE ETF Profile


Family: First Trust
Name: First Trust Preferred Securities and Income ETF
Inception Date: 12-Feb-2013
Termination Date:
Investment Objective: The First Trust Preferred Securities and Income ETF ( the Fund ) seeks total return and to provide current income by investing primarily in preferred securities and income-producing debt securities, including corporate bonds, high-yield securities and convertible securities. Under normal market conditions, at least 80 percent of the Fund s net assets, including investment borrowings, will be allocated to these asset classes.
Prospectus
Top 10 Holdings
BANK OF AMERICA CORP Variable rate 06055HAH6 2.5877%
Wells Fargo & Company Series L 7.500% WFC.L 2.1618%
BARCLAYS PLC Variable rate 06738EBX2 1.7006%
Nextera Energy Capital Holdings Inc. Series U 6.50% Due 06/01/2085 NEE.U 1.3975%
JPMORGAN CHASE & CO Variable rate 48128BAQ4 1.3902%
Xcel Energy Inc. 6.25% Due 10/15/2085 XELLL 1.2915%
CREDIT AGRICOLE SA Variable rate 225313AT2 1.2459%
GOLDMAN SACHS GROUP INC Variable rate 38141GA79 1.2262%
LLOYDS BANKING GROUP PLC Variable rate 53944YAV5 1.1848%
T-Mobile USA Inc. 5.50% Due 03/01/2070 TMUSZ 1.1496%
Top 10 Holdings Weight: 15.3%
Number of Holdings: 250
Shares Outstanding: 346,055,000
Total Net Assets: 6,294,740,000
NAV: 18.16
Net Expense Ratio: 0.85%
Asset Class: Preferred Stock
Developed or Emerging: Developed Market Funds
Country: US
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Dividend Type: Preferred Stock
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Credit Quality: Investment Grade Only
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Is Currency Hedged: No
US or Ex-US: Domestic
Market Data Delayed 15 Minutes