FPEI

First Trust Institutional Preferred Securities and Income ETF
*Unless otherwise stated, data provided by FactSet.

FPEI Fund Description

FPEI is actively managed to provide current income and total return by investing in global institutional preferred and income-producing debt securities.

FPEI Factset Analytics Insight

FPEI is a niche fund that focuses on selecting institutional preferred securities and other income-producing debt securities. The allocation to preferred securities include issues typically geared towards institutional investors, as they are preferreds generally issued in large lot sizes and typically trade over-the-counter. The fund's sub-advisor utilitzes a top-down approach to take into consideration sector, interest rate and systemic risks. Individual securities are selected based on credit fundamentals, relative value and technical aspects such as: call features, trading volumes, and pricing inefficiencies. Due to the nature of preferred securities, the fund's holdings are concentrated in the financial sector. The fund may also hold corporate bonds and convertible securities of various credit quality and duration.

FPEI MSCI ESG Analytics Insight

First Trust Institutional Preferred Securities and Income ETF has an MSCI ESG Fund Rating of A based on a score of 6.27 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 Institutional Preferred Securities and Income ETF ranks in the 66th percentile within its peer group and in the 90th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

FPEI Charts And Performance

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PERFORMANCE [as of 07/01/20] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FPEI 1.65% 15.94% -3.90% 1.80% -- -- --
ticker (NAV) 2.65% 15.06% -4.06% 2.36% -- -- --
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All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FPEI Summary Data

First Trust
08/22/17
Open-Ended Fund
0.85%
$283.07M
$1.34M
0.43%

FPEI Portfolio Data

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06/25/20
115

FPEI Index Data

No Underlying Index
Proprietary
Proprietary
N/A

FPEI Portfolio Management

0.85%
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FPEI Tax Exposures

20.00% / 39.60%
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Ordinary income
No

FPEI Fund Structure

Open-Ended Fund
No
No
100% / 0%
N/A
N/A
Low
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

FPEI Factset Analytics Block Liquidity

As of 07/03/20
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of FPEI. FPEI is rated a 2 out of 5.

FPEI Tradability

73,103
$1.34M
54,503
$1.02M
0.43%
$0.08
0.18%
5.04% / -5.53%
None
70.76%
50,000
1.09
0.05%
8,911.70%
0
$18.73
2

FPEI Top 10 Holdings[View All]

13.45%
3.56%
3.07%
2.77%
2.55%
2.16%
2.08%
1.94%
1.60%
1.57%
34.75%

FPEI Performance Statistics

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FPEI MSCI ESG Ratings

6.27 / 10
89.74
65.94
7.08%
0.55%
401.60

FPEI Holdings Statistics

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115
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FPEI Avg Life Maturity Distribution

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FPEI OAS Breakdown

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