FPEI

First Trust Institutional Preferred Securities and Income ETF

$19.15

+0.02 (+0.10%)

AUM $1.87B

Expense Ratio 0.85%

NAV $19.12

Holdings 169

Asset Class Core Investment Grade Bond

Inception 08/22/2017

Provider First Trust

Top Holdings

1 WFC-PL Wells Fargo & Company, Series L, 7.500% 92.13% 2 WFC.L Wells Fargo & Company, Series L, 7.500% 1.11% 3 $USD US Dollar 0.22% 4 DOMINION ENERGY INC Variable rate, due 02/01/2055 0.01% 5 $EUR Euro 0.00%

Fund Description

The First Trust Institutional Preferred Securities and Income ETF is an actively managed exchange-traded fund. 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.