First Trust Institutional Preferred Securities & Income ETF

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

First Trust Institutional Preferred Securities and Income ETF offers strong income generation with a 30-Day SEC Yield of 5.15%, focusing on institutional preferred securities. FPEI's diversified holdings include top international banks and an energy company, providing a steady income stream and reduced issuer-specific risks. The fund's active management and focus on institutional preferreds set it apart, offering potential outperformance despite a higher expense ratio of 0.85%.

FPEI: A Good Mix Of Preferred Stock And Debt

Cohen & Steers Ltd. Duration Preferred & Income Fund, Inc.

Virtus InfraCap U.S. Preferred Stock ETF

We take a look at the preferreds sector across individual preferreds and funds. Preferreds offer high tax-adjusted yields for high-rate taxpayers and can act as "drier-powder" options. Individual preferreds offer advantages over passive ETFs in the $25-par market.

Opportunities In The Preferreds Sector

Elkhorn S&P High Quality Preferred ETF

First Trust Preferred Securities & Income ETF

Fidelity Preferred Securities & Income ETF

iShares Preferred and Income Securities ETF 

Global X U.S. Preferred ETF

InfraCap REIT Preferred ETF

Global X Variable Rate Preferred ETF

AAM Low Duration Preferred and Income Sec ETF

VanEck Preferred Securities ex Financials ETF

Invesco Financial Preferred ETF

Invesco Preferred ETF

Principal Spectrum Preferred Secs Active ETF

Pimco Preferred And Capital Securities Active ETF

SPDR Wells Fargo Preferred Stock ETF

Global X SuperIncome Preferred ETF

We take a look at the action in preferreds and baby bonds through the second week of April and highlight some of the key themes we are watching.

Preferreds Weekly Review: Bond Interest Deferral Worries Investors

We take a look at the action in preferreds and baby bonds through the fourth week of March and highlight some of the key themes we are watching. Preferreds had a good week as Treasury yields fell on the back of the Fed's more dovish than expected stance. We take a look at how stocks with different spreads over SOFR could react to Fed's cuts.

Preferreds Weekly Review: Keep An Eye On The Spread Of Floating-Rate Preferreds

We take a look at the action in preferreds and baby bonds through the third week of March and highlight some of the key themes we are watching. Preferreds were down for the week due to rising Treasury yields, but most preferred CEF sectors remain positive for the month. Albemarle issued a new preferred stock with a mandatory convertible feature, offering upside participation with less downside than the common and a higher coupon.

Preferreds Weekly Review: Mandatory Convertibles Offer High-Beta Preferred Exposure

Synchrony Financial

We take a look at the action in preferreds and baby bonds through the fourth week of February and highlight some of the key themes we are watching. Preferreds had a strong week with a 1%+ return, driven by a drop in Treasury yields and compression in credit spreads. Different preferreds sectors have different drawdown profiles, offering investors an opportunity to tilt to more resilient securities in anticipation of the next drawdown.

Preferreds Weekly Review: Historic Drawdowns Are Relevant Again

John Hancock Preferred Income ETF

Invesco Variable Rate Preferred ETF

PFFA is a well-diversified and consistently top-performing preferred stock ETF, enabled by management's bold allocation strategy.

U.S. Preferred Stocks Look Attractive And PFFA Is A Top-Performing Preferred Stocks ETF

We take a look at the action in preferreds and baby bonds through the second week of February and highlight some of the key themes we are watching. Preferreds were flat on the week as higher Treasury yields were offset by tighter credit spreads. A high yield-to-call is not a sufficient reason to buy a given preferred.

Preferreds Weekly Review: A High Yield-To-Call Is Not Enough

We take a look at the action in preferreds and baby bonds through the fourth week of January and highlight some of the key themes we are watching. Preferred stock and baby bond market had a good week with most sectors finishing in the green. The article discusses the curious case of Aspen insurer preferred AHL.PR.C and how the coupon conversion worked on the first call date.

Preferreds Weekly Review: AHL Preferred Gets Stuck Near Libor Peak

The First Trust Institutional Preferred Securities and Income ETF is a preferred securities fund. The fund is overweight bank preferred securities, with insurance and capital markets being the next highest segments.

FPEI: Another Instrument To Play The Regional Banks Crisis

Arlington Asset Investment

AGNC Investment

AGNC Investment Corp - FXDFR PRF PERPETUAL USD 25 - Ser D 1/1000th int

AGNC Investment Corp. Deposit Shs Repr 1/1000th Cum Conv Red Pfd Registered Shs Series C

Brookfield Property Partners L.P.

Brookfield Property Partners L.P. - 6.50% PRF PERPETUAL USD 25 - Ser 1 Cls A

Annaly Capital

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

Oxford Square Capital

We take a look at the action in preferreds and baby bonds through the first week of January and highlight some of the key themes we are watching. Preferreds had a terrific start to the year, supported by lower Treasury yields and higher stocks.

News for First Trust Institutional Preferred Securities & Income ETF ETF (FPEI)