FPE
First Trust Preferred Securities & Income ETFFPE Fund Description
FPE is an actively managed fund that attempts to generate income by investing globally in preferred equities and income producing debt across the market cap spectrum.
FPE Factset Analytics Insight
FPE invests in preferred stocks issued by US firms including foreign non-USD issues. The Fund may include issues from the financial, communications, consumer, government, utilities, energy, materials, industrial and technology sectors but may concentrate at least 25% to the financial sector. Securities are selected by combining a bottom-up individual security analysis and top-down sector analysis focusing on three significant areas: credit fundamentals, relative value, and technical factors like interest rate sensitivity, call features, maturities, and pricing inefficiencies. The fund carries a fair amount of interest rate risk due to its long average duration. FPE may also invest in REITs and up to 40% of the portfolio can be allocated in high-yielding bonds.
FPE MSCI ESG Analytics Insight
First Trust Preferred Securities & Income ETF has an MSCI ESG Fund Rating of AA based on a score of 8.52 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. First Trust Preferred Securities & Income ETF ranks in the 95th percentile within its peer group and in the 91st percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
FPE Summary Data
FPE Portfolio Data
FPE Index Data
FPE Portfolio Management
FPE Tax Exposures
FPE Fund Structure
FPE Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FPE. FPE is rated a N/A out of 5.
FPE Tradability
FPE Top 10 Holdings[View All]
FPE Performance Statistics
FPE MSCI ESG Ratings
FPE Holdings Statistics
FPE Avg Life Maturity Distribution
FPE OAS Breakdown
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MSCI ESG Research LLC’s ("MSCI ESG") Fund Metrics products (the "Information") provide environmental, social and governance data with respect to underlying securities within more than 24,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted to, nor received approval from, the US SEC or any other regulatory body. None of the Information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided "as is" and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information.