FPEI ETF Profile

Family:	First Trust
Name:	First Trust Institutional Preferred Securities and Income ETF

Inception Date:	22-Aug-2017
Termination Date:
Investment Objective:	The First Trust Institutional Preferred Securities and Income ETF is an actively managed exchange-traded fund. The funds investment objective is to seek total return and to provide current income. Under normal market conditions, the Fund invests at least 80% of its net assets (including investment borrowings) in institutional preferred securities and income-producing debt securities.

Prospectus

Top 10 Holdings
	Top 10 Holdings Weight:

Number of Holdings:
Shares Outstanding:	69,500,002
Total Net Assets:	1,251,695,000
NAV:	18.01
Net Expense Ratio:	0.85%

Asset Class:	Target Date / Multi-Asset
Developed or Emerging:	Funds Combining Developed & Emerging Exposure
Country:
Region:
Strategy:
Currency:
Commodity:
Sector:
Industry:
Dividend Type:	Preferred Stock
Tax Exempt State:
Maturity Duration:
Market Cap:
Credit Quality:
Mortgage Bond Types:
Bond Type:
Gov't Bond Types:
Reit Type:
Leverage Direction/Factor:
Is Currency Hedged:	No
US or Ex-US:	Global