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First Trust Institutional Preferred Securities & Income (FPEI) ETF Holdings & Analysis
ETFOther
What FPEI does
The fund under normal market conditions, invests at least 80% of its net assets (including investment borrowings) in institutional preferred securities and income-producing debt 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.
Fund profile
Top holdings
| Holding | Weight | |
|---|---|---|
| BANK OF AMERICA CORP Variable rate | 3.18% | |
| CITIGROUP INC Series HH, Variable rate | 2.12% | |
| CREDIT AGRICOLE SA Variable rate | 2.02% | |
| ING GROEP NV Variable rate | 1.74% | |
| BANCO BILBAO VIZCAYA ARGENTARIA Variable rate | 1.64% | |
| ENBRIDGE INC Variable rate, due 01/15/2084 | 1.52% | |
| CHARLES SCHWAB CORP Series H, Variable rate | 1.46% | |
| BANCO SANTANDER SA Variable rate | 1.46% | |
| BANK OF MONTREAL Variable rate, due 05/26/2084 | 1.41% | |
| BNP PARIBAS Variable rate | 1.28% |
Sector allocation
| Cash & Others | 98.96% |
| Financial Services | 1.04% |
Geographic allocation
| United States | 48.40% |
| Canada | 14.82% |
| France | 9.62% |
| United Kingdom | 8.12% |
| Spain | 5.69% |
| Netherlands | 2.51% |
| Germany | 2.46% |
| Japan | 2.07% |
| Cayman Islands | 1.44% |
| Other | 1.29% |
PortView Portfolio Insights
PortView analyzes how FPEI fits your actual portfolio — position weight, ETF overlap with your other funds, sector and geographic exposure, concentration, and how this fund contributes to your portfolio risk and return. Connect a portfolio to see your personalized figures; PortView never shows another user's private holdings.
Analyze FPEI in PortView →Related securities
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Frequently asked questions
- What does FPEI track?
- FPEI is the First Trust Institutional Preferred Securities & Income ETF, a Other ETF.
- What is the expense ratio of FPEI?
- Expense ratio data for FPEI is shown on the page when available from our data provider.
- What are the largest holdings in FPEI?
- Top holdings include BANK OF AMERICA CORP Variable rate, CITIGROUP INC Series HH, Variable rate, CREDIT AGRICOLE SA Variable rate, ING GROEP NV Variable rate, BANCO BILBAO VIZCAYA ARGENTARIA Variable rate.
- How can PortView analyze FPEI overlap with other ETFs?
- PortView computes the holdings overlap between FPEI and the other ETFs and stocks you own, plus your combined sector and geographic exposure, so you can see true diversification.
The information provided by PortView is for informational and educational purposes only and does not constitute investment advice. Market data may be delayed. Past performance does not guarantee future results.