First Trust Preferred Securities and Income ETF

Frequently Asked Questions About FPE

What are the top holdings of FPE?

First Trust Preferred Securities and Income ETF holds 245 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.

How many holdings does FPE have?

FPE holds 245 positions as reported by the fund's most recent disclosure.

What sectors does FPE invest in?

First Trust Preferred Securities and Income ETF (FPE) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.

What sector is FPE most exposed to?

FPE's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.

Is FPE a US-only fund?

The country allocation card on this page shows FPE's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.

What does FPE invest in?

First Trust Exchange-Traded Fund III - First Trust Preferred Securities and Income ETF is an exchange traded fund launched and managed by First Trust Advisors LP. The fund is co-managed by Stonebridge Advisors, LLC. It invests in the fixed income markets of global region. The fund invests in preferred securities and income-producing debt securities, including corporate bonds, high yield securities, convertible securities, and investment grade securities. The fund invests in average duration of three to 12 years. It employs fundamental analysis with top down and bottom up security picking approach to create its portfolio. The fund seeks to benchmark the performance of its portfolio against the ICE BofA US Investment Grade Institutional Capital Securities Index, Bloomberg US Aggregate Bond Index and the Blended Index comprising of 30% of the ICE BofA Core Plus Fixed Rate Preferred Securities Index, 30% of the ICE BofA US Investment Grade Institutional Capital Securities Index, 30% of the ICE USD Contingent Capital Index and 10% of the ICE BofA US High Yield Institutional Capital Securities Index. First Trust Exchange-Traded Fund III - First Trust Preferred Securities and Income ETF was formed on February 11, 2013 and is domiciled in the United States.