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FPEI ETF · First Trust Institutional Preferred Securities and Income ETF
The FPEI Exchange Traded Fund (ETF) is provided by First Trust. This fund is actively managed; it does not track an index. This share class generates a stream of income by distributing dividends.
Last update Yesterday at 1:30 PM UTC
LIVE
CLOSED
This fund is part ofMulti-Asset: Other1M perf.+4.36%
Last price
$19.22
1M perf.
+2.54%
1M flows
-€9.6M
AuM
€1.64B
E/R
0.85%
Rating
Not rated
ESG Consensus®
FPEI
$19.22
Performance & flows
January 22, 2026 → April 22, 2026
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FPEI
$19.26
+1.73%
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | +2.54% | +1.73% | +12.43% | +31.80% | +18.88% | +2.64% | +2.64% | +2.05% | |
| Flows |
Key fund info
This ETF's jurisdiction country is not in your region (Europe and Middle East) ·
Main characteristics
More details
NAV
4/22/2026
$19.26
1D NAV change
0.00%
Dividend policy
No. of holdings
141
Inception date
8/22/2017
Jurisdiction
United States
Distribution
United States
Legal structure
Open-end Fund
Base currency
USD
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
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Classification
Investment strategy
The fund's 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.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Risk profile
Historical risk/return profile
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Returns | +1.73% | +12.43% | +31.80% | +18.88% |
| Volatility | ||||
| Perf./Volatility | ||||
| Max drawdown |
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
More exposure metrics are available, exclusively in Trackinsight Enterprise
Exposure
Countries
USA
47.72%
Canada
11.79%
United Kingdom
6.13%
France
5.70%
Spain
5.11%
Germany
2.00%
Mexico
1.91%
Unavailable
18.06%
Other
1.58%
Sectors
Banks
32.78%
Power
9.18%
Financial markets
5.64%
Insurance and reinsurance
5.57%
Holding companies
2.54%
Pipelines
2.25%
Communication services
1.75%
Agriculture
1.60%
Unavailable
36.84%
Other
1.85%
Diversification
Total weight of top 15 holdings out of 141
Top 15 holdings
Data as of March 31, 2026
US225313AT28
Toronto-Dominion Bank, 8.125% 31oct2082, USD (3)
US456837BT90
Banco Bilbao (BBVA), 7.75% perp., USD
Enbridge, 8.5% 15jan2084, USD (2023-B)
Charles Schwab, 4% perp., USD (H)
Bank of Montreal, 7.7% 26may2084, USD
US29882DAC74
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Banco Santander, 9.625% perp., USD
BNP Paribas, 8.5% perp., USD
Commerzbank, 7.5% perp., USD
US13607P7Y41
Wells Fargo, 6.85% perp., USD (FF)
HSBC Holdings plc, 6.95% perp., USD
JP Morgan, 6.875% perp., USD (NN)
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Sustainability
Integrates ESG criteria
No
SDG
More sustainability metrics are available, exclusively in Trackinsight Enterprise
Issuer
First Trust
First Trust ID Card
Number of funds
410
Total AuM
€222.1B
Expense ratio range
0.15% - 13.69%
Average expense ratio
0.8035%
Top 5 funds by First Trust
Frequently asked questions about FPEI
What does First Trust Institutional Preferred Securities and Income ETF, FPEI, invest in?
FPEI is a Active ETF. This ETF provides exposure to Mixed Ratings Corporate Equities and Bonds.
What is the Total Expense ratio (TER) of FPEI?
FPEI carries a total expense ratio (TER) of 0.85%, indicating the annual cost for holding the fund.
When was FPEI launched?
FPEI was introduced to the market on August 22, 2017. It trades on United States
Who is the ETF issuer of FPEI?
First Trust Institutional Preferred Securities and Income ETF, FPEI, is provided by First Trust. Learn more about First Trust here.
What is the current assets under management (AUM) of FPEI?
FPEI oversees €1.64B in assets as of April 22, 2026.
How has FPEI performed lately?
Based on data from April 22, 2026, FPEI returned 2.54% over the past month, 1.73% over the last three months and 2.05% year-to-date.
What are the latest inflows or outflows for FPEI?
As of April 22, 2026, FPEI recorded net flows of -€9.9M over the last month and +€89M year-to-date.
Does FPEI distribute dividends?
FPEI follows a distributing dividend policy, meaning it pays out income to investors. As of April 22, 2026, its 12-month trailing yield was 6.11%.
What are the main country or region exposures of FPEI?
As of March 31, 2026, FPEI has significant geographic allocations in USA, Canada and United Kingdom.
In which sector or theme does FPEI invest in?
As of March 31, 2026, FPEI focuses largely on Banks, Power and Financial markets.
How many securities does FPEI hold and how diversified is it?
As of March 31, 2026, FPEI holds 141 positions in its portfolio, with 21.67% of assets concentrated in its top 15 holdings.
What are the main positions in FPEI?
As of March 31, 2026, FPEI top three holdings include US225313AT28, Toronto-Dominion Bank, 8.125% 31oct2082, USD (3) and US456837BT90.
What is the base currency of FPEI?
The base currency of FPEI is USD.
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