USX:FPEI - First Trust Institutional Preferred Securities and Income ETF First Trust Institutional Pref
Sector: Unknown, Industry: Unknown
Add to Watchlist
Add Alert 

Yahoo Finance

USD 20.735    +0.015 (+0.07%)
Show Basic Chart | 3M    6M    1Y    3Y    5Y          

24 Sep 2021


Top 5 Holdings

BARCLAYS PLC Va.., 3.87%

US Dollar, 2.82%

ENBRIDGE INC Va.., 2.81%


EMERA INC Varia.., 2.26%


The investment seeks total return and to provide current income. The fund invests at least 80% of its net assets (including investment borrowings) in institutional preferred securities and income-producing debt securities (Income Securities). Preferred securities are a type of equity security that have preference over common stock in the payment of distributions and the liquidation of a company's assets, but are generally junior to all forms of the company's debt, including both senior and subordinated debt. The fund's investments in preferred securities will primarily be in institutional preferred securities.