First Trust Preferred Securities and Income ETF ETF FPE
Source: Yahoo Finance (opens in a new tab) Observed · 1 day ago Quotes may be delayed
- Expense ratio
- 0.83%
- Net assets
- $6.3B
- Holdings
- 259
- 12-month distribution yield
- 6.30%
- Asset class
- Multi-asset
First Trust Preferred Securities and Income ETF ETF (FPE) is an exchange-traded fund listed on NYSE Arca in the United States, issued by First Trust. Its category is Multi-asset · Global (multi-asset). Its last price was US$17.05 on 20 Oct 2026. Its expense ratio is 0.83% a year, from its prospectus dated 2 Mar 2026. It reported net assets of US$6.32 billion as of 31 Jul 2026. Its latest holdings report lists 259 holdings as of 31 Jul 2026. Over the last 12 months it paid distributions of US$1.07 a unit, a 12-month distribution yield of 6.30%, paid monthly.
Fees
- Total annual operating expenses (gross)
- 0.83%
- Net, after fee waivers or reimbursements
- No waiver stated
- Management fee
- 0.83%
- Prospectus date
- 2 Mar 2026
- Filed with the SEC
- 27 Feb 2026
Size and reporting
- Net assets
- $6,315,758,819
- Total assets
- $6,320,933,008
- Holdings as of
- 31 Jul 2026
- Report made public
- 24 Sep 2026 (55 days after the month end)
Top holdings
Largest 25 of 259 positions, as of 31 Jul 2026. Weight is the percent of net assets the fund reported.
| # | Holding | Identifier | Weight | Value (USD) | Type | Country | Currency |
|---|---|---|---|---|---|---|---|
| 1 | BANK OF AMERICA CORP BAC V6.625 PERP | US06055HAH66 | 2.52% | $159.0M | Debt | United States | USD |
| 2 | WELLS FARGO & COMPANY WELLS FARGO & COMPANY 7.5% NON-CUMULATIVE PERPETUAL CONVERTIBLE CLASS A PREFERRED STOCK, SERIES L | US9497468044 | 2.08% | $131.1M | Equity (preferred) | United States | USD |
| 3 | BARCLAYS PLC BACR V8 PERP | US06738EBX22 | 1.67% | $105.3M | Debt | United Kingdom | USD |
| 4 | JP MORGAN CHASE & COMPANY JPM V6.875 PERP NN | US48128BAQ41 | 1.35% | $85.1M | Debt | United States | USD |
| 5 | NEXTERA ENERGY CAPITAL HOLDINGS INC NEXTERA ENERGY CAPITAL HOLDINGS INC SERIES U JUNIOR SUBORDINATED DEBENTURES DUE JUNE 1, 2085 | US65339K8374 | 1.33% | $83.7M | Equity (preferred) | United States | USD |
| 6 | BNP PARIBAS SA BNP V7.2 PERP 144A | US05602XQS08 | 1.26% | $79.5M | Debt | France | USD |
| 7 | XCEL ENERGY INC XCEL ENERGY INC 6.25% NOTES ISSUED DUE ON OCTOBER 15, 2085 | US98389B8789 | 1.23% | $77.7M | Equity (preferred) | United States | USD |
| 8 | CREDIT AGRICOLE SA ACAFP V7.125 PERP 144A | US225313AT28 | 1.21% | $76.4M | Debt | France | USD |
| 9 | CITIGROUP INC C V6.625 PERP | US172967QJ33 | 1.20% | $75.9M | Debt | United States | USD |
| 10 | HARTFORD INSURANCE GROUP INC (THE) HIG F 02/12/47 ICON | US416515BC76 | 1.09% | $69.1M | Debt | United States | USD |
| 11 | CHARLES SCHWAB CORP (THE) SCHW V4 PERP H | US808513BJ38 | 1.07% | $67.6M | Debt | United States | USD |
| 12 | COREBRIDGE FINANCIAL INC COREBRIDGE FINANCIAL INC 6.375% JUNIOR SUBORDINATED NOTES DUE DECEMBER 15,2064. | US21871X2080 | 1.05% | $66.1M | Equity (preferred) | United States | USD |
| 13 | GOLDMAN SACHS GROUP INC (THE) GS V7.5 PERP X | US38141GA799 | 1.04% | $65.5M | Debt | United States | USD |
| 14 | T-MOBILE USA INC T-MOBILE USA INC 5.500% SENIOR NOTES ISSUED DUE ON MARCH 1, 2070 | US87264A2042 | 1.02% | $64.5M | Equity (preferred) | United States | USD |
| 15 | AMERICAN AGCREDIT ACA AAGACA V8.746 PERP QIB | US02369GAA31 | 1.02% | $64.2M | Debt | United States | USD |
| 16 | BANK OF MONTREAL BMO V7.7 05/26/84 | US06368LQ586 | 1.00% | $63.1M | Debt | Canada | USD |
| 17 | DTE ENERGY COMPANY DTE ENERGY COMPANY 6.250% JUNIOR SUBORDINATED DEBENTURES DUE ON OCTOBER 1, 2085 | US2333317921 | 0.98% | $62.1M | Equity (preferred) | United States | USD |
| 18 | ENSTAR GROUP LTD ENSTAR GROUP LTD 7.00% FIXED-TO-FLOATING RATE SERIES D PERPETUAL PREFERRED SHARES | US29359U1097 | 0.97% | $61.1M | Equity (preferred) | Bermuda | USD |
| 19 | BNP PARIBAS SA BNP V8.5 PERP 144A | US05565A5R02 | 0.95% | $59.8M | Debt | France | USD |
| 20 | ING GROEP NV INTNED V7 PERP . | US456837BT90 | 0.94% | $59.3M | Debt | Netherlands | USD |
| 21 | BANCO SANTANDER SA SANTAN V9.625 PERP _ | US05971KAQ22 | 0.94% | $59.1M | Debt | Spain | USD |
| 22 | AEGON FUNDING COMPANY LLC AEGON FUNDING COMPANY LLC 5.10% SUBORDINATED NOTES DUE DECEMBER 15, 2049 | US00775V1044 | 0.93% | $59.0M | Equity (preferred) | United States | USD |
| 23 | ROYAL BANK OF CANADA RY V6.75 08/24/85 | US780082AV50 | 0.93% | $58.9M | Debt | Canada | USD |
| 24 | BELL CANADA BCECN V7 09/15/55 | US0778FPAQ20 | 0.91% | $57.6M | Debt | Canada | USD |
| 25 | F&G ANNUITIES & LIFE INC F&G ANNUITIES & LIFE INC CALLABLE FIXED FOR LIFE JUNIOR SUBORDINATED NOTES DUE JANUARY 15, 2065 | US30190A6091 | 0.91% | $57.4M | Equity (preferred) | United States | USD |
Breakdowns
Sums of reported weights over every position in the report. Totals can differ from 100% because of derivatives, borrowing and cash.
Asset type
| Type | Weight | Bar |
|---|---|---|
| Debt | 71.16% | |
| Equity (preferred) | 27.53% | |
| Equity (common) | 0.23% |
Country
| Country | Weight | Bar |
|---|---|---|
| United States | 58.71% | |
| Canada | 10.59% | |
| France | 6.92% | |
| United Kingdom | 6.60% | |
| Bermuda | 3.58% | |
| Spain | 3.21% | |
| Japan | 2.23% | |
| Netherlands | 1.96% | |
| Cayman Islands | 1.64% | |
| Germany | 1.56% | |
| Switzerland | 1.35% | |
| Chile | 0.27% | |
| Other (2) | 0.30% |
Currency exposure
| Currency | Weight | Bar |
|---|---|---|
| US dollar (USD) | 98.92% |
Sector
No sector data
Source: SEC Form N-PORT (opens in a new tab) Holdings as of
Distributions
- Paid in the last 12 months
- $1.0740
- 12-month yield
- 6.30%
- Frequency
- Monthly
- Latest ex-date
- 24 Sep 2026
12-month yield = distributions per unit with an ex-date in the last 12 months ($1.0740) ÷ latest price ($17.05) × 100 = 6.30%. It looks back, so it is not a forecast; special distributions in the window are included.
Why a distribution yield is not the fund's return: yield vs total return
Distribution history table (59 payments)
| Ex-date | Amount per unit |
|---|---|
| 24 Sep 2026 | $0.1000 |
| 21 Aug 2026 | $0.0890 |
| 21 Jul 2026 | $0.0810 |
| 25 Jun 2026 | $0.0980 |
| 21 May 2026 | $0.0890 |
| 21 Apr 2026 | $0.0740 |
| 26 Mar 2026 | $0.0910 |
| 20 Feb 2026 | $0.0930 |
| 21 Jan 2026 | $0.0680 |
| 12 Dec 2025 | $0.1220 |
| 21 Nov 2025 | $0.0960 |
| 21 Oct 2025 | $0.0730 |
| 25 Sep 2025 | $0.0850 |
| 21 Aug 2025 | $0.0990 |
| 22 Jul 2025 | $0.0770 |
| 26 Jun 2025 | $0.0840 |
| 21 May 2025 | $0.0920 |
| 22 Apr 2025 | $0.0780 |
| 27 Mar 2025 | $0.0930 |
| 21 Feb 2025 | $0.0860 |
| 22 Jan 2025 | $0.0750 |
| 13 Dec 2024 | $0.0930 |
| 21 Nov 2024 | $0.0900 |
| 22 Oct 2024 | $0.0720 |
| 26 Sep 2024 | $0.0930 |
| 21 Aug 2024 | $0.0940 |
| 23 Jul 2024 | $0.0670 |
| 27 Jun 2024 | $0.0970 |
| 21 May 2024 | $0.0870 |
| 23 Apr 2024 | $0.0660 |
| 21 Mar 2024 | $0.0890 |
| 21 Feb 2024 | $0.0880 |
| 23 Jan 2024 | $0.0710 |
| 22 Dec 2023 | $0.0860 |
| 21 Nov 2023 | $0.0960 |
| 24 Oct 2023 | $0.0600 |
| 22 Sep 2023 | $0.0890 |
| 22 Aug 2023 | $0.0990 |
| 21 Jul 2023 | $0.0760 |
| 27 Jun 2023 | $0.0770 |
| 23 May 2023 | $0.1040 |
| 21 Apr 2023 | $0.0690 |
| 24 Mar 2023 | $0.0990 |
| 22 Feb 2023 | $0.0910 |
| 24 Jan 2023 | $0.0720 |
| 23 Dec 2022 | $0.0930 |
| 22 Nov 2022 | $0.0910 |
| 21 Oct 2022 | $0.0720 |
| 23 Sep 2022 | $0.0840 |
| 23 Aug 2022 | $0.0850 |
| 21 Jul 2022 | $0.0670 |
| 24 Jun 2022 | $0.0860 |
| 24 May 2022 | $0.0850 |
| 21 Apr 2022 | $0.0620 |
| 25 Mar 2022 | $0.0860 |
| 18 Feb 2022 | $0.0750 |
| 21 Jan 2022 | $0.0670 |
| 23 Dec 2021 | $0.0800 |
| 23 Nov 2021 | $0.0830 |
Filings and sources
- Form N-PORT report for July 2026 (opens in a new tab)
- Prospectus filing with the fee table (opens in a new tab)
- All SEC filings for this fund series (S000034980) (opens in a new tab)
- Nasdaq Trader symbol directory (opens in a new tab)
- Yahoo Finance quote and distributions (opens in a new tab)
- How the ETF figures are collected
Compare with
Largest funds in the same category:
- FPE and MSOS AdvisorShares Pure US Cannabis ETF
- FPE and RAA SMI 3Fourteen REAL Asset Allocation ETF
- FPE and JHPI John Hancock Preferred Income ETF
- FPE and INCE Franklin Income Equity Focus ETF