Under normal market conditions, the fund invests at least 80% of its net assets (including investment borrowings) in preferred securities (Preferred Securities) and income-producing debt securities (Income Securities). The fund invests in securities that are traded over-the-counter or listed on an exchange.
Frequently asked questions
What is the First Trust Preferred Securities and Income ETF (FPE) expense ratio?
The First Trust Preferred Securities and Income ETF funds expense ratio is 0.84%.
What is First Trust Preferred Securities and Income ETF (FPE) current stock price?
As of the latest data, First Trust Preferred Securities and Income ETF stock price is $17.47, with a previous close of $17.56. First Trust Preferred Securities and Income ETF lost -$0.10 in the last trading session, representing a -0.54% loss.
Does First Trust Preferred Securities and Income ETF (FPE) pay dividends?
Yes. First Trust Preferred Securities and Income ETF pays monthly dividends with an annualized yield of 6.48% and an estimated annual payout of $1.13 per share.
