Frequently Asked Questions About FPE

What are the top holdings of FPE?

First Trust Preferred Securities and Income ETF holds 265 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.

How many holdings does FPE have?

FPE holds 265 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.

FPE

First Trust Preferred Securities and Income ETF

AMEX·Asset Management · Financial Services

$16.93$0.04+0.24%

After hours·$16.93+0.00%

Market closed·Oct 26 4:00 PM EDT

Top Holdings

100

holdings

WFC-PL
Wells Fargo & Company, Series L, 7.500%
1.77%
XELLL
Xcel Energy Inc., 6.250%, Due 10/15/2085
1.21%
CRBD
Corebridge Financial, Inc., 6.375%, Due 12/15/2064
1.08%
ESGRP
Enstar Group Limited, Series D, 7.000%, Variable Rate
1.03%
TMUSZ
T-Mobile USA Inc., 5.50%, Due 03/01/2070
1.02%
AEFC
Aegon Funding Company LLC, 5.100%, Due 12/15/2049
0.98%
DTK
DTE Energy Company, Series H, 6.25%, Due 10/01/2085
0.97%
FGSN
F&G Annuities & Life, Inc., 7.30%, Due 01/15/2065
0.91%
ATH-PA
Athene Holding Ltd., Series A, 6.35% Variable Rate
0.75%
TMUSI
T-Mobile USA Inc., 5.50%, Due 06/01/2070
0.75%
Other
90 more holdings
13.55%

Top 10 holdings

10.48%

Top 25 holdings

16.81%

Concentration index

0.0276

Effective holdings

Chart tools

Open Top Holdings in Chart Builder to fine-tune colors, labels, and timeframe, then download a high-res PNG.

All Holdings (100)

#	TickerHolding	Name	Weight	Shares	Market Value
1	WFC-PLWFC-PLWells Fargo & Company, Series L, 7.500%	Wells Fargo & Company, Series L, 7.500%	1.77%	95.37K	$101.82M
2	XELLLXELLLXcel Energy Inc., 6.250%, Due 10/15/2085	Xcel Energy Inc., 6.250%, Due 10/15/2085	1.21%	3.27M	$69.65M
3	CRBDCRBDCorebridge Financial, Inc., 6.375%, Due 12/15/2064	Corebridge Financial, Inc., 6.375%, Due 12/15/2064	1.08%	3.00M	$61.90M
4	ESGRPESGRPEnstar Group Limited, Series D, 7.000%, Variable Rate	Enstar Group Limited, Series D, 7.000%, Variable Rate	1.03%	2.69M	$59.27M
5	TMUSZTMUSZT-Mobile USA Inc., 5.50%, Due 03/01/2070	T-Mobile USA Inc., 5.50%, Due 03/01/2070	1.02%	3.13M	$58.28M
6	AEFCAEFCAegon Funding Company LLC, 5.100%, Due 12/15/2049	Aegon Funding Company LLC, 5.100%, Due 12/15/2049	0.98%	3.21M	$56.20M
7	DTKDTKDTE Energy Company, Series H, 6.25%, Due 10/01/2085	DTE Energy Company, Series H, 6.25%, Due 10/01/2085	0.97%	2.61M	$55.72M
8	FGSNFGSNF&G Annuities & Life, Inc., 7.30%, Due 01/15/2065	F&G Annuities & Life, Inc., 7.30%, Due 01/15/2065	0.91%	2.77M	$52.39M
9	ATH-PAATH-PAAthene Holding Ltd., Series A, 6.35% Variable Rate	Athene Holding Ltd., Series A, 6.35% Variable Rate	0.75%	1.93M	$43.26M
10	TMUSITMUSIT-Mobile USA Inc., 5.50%, Due 06/01/2070	T-Mobile USA Inc., 5.50%, Due 06/01/2070	0.75%	2.35M	$42.81M
11	ATHSATHSAthene Holding Ltd., 7.250% Variable Rate, Due 03/30/2064	Athene Holding Ltd., 7.250% Variable Rate, Due 03/30/2064	0.74%	1.83M	$42.52M
12	FGNFGNF&G Annuities & Life, Inc., 7.950%, Due 12/15/2053	F&G Annuities & Life, Inc., 7.950%, Due 12/15/2053	0.71%	1.78M	$40.48M
13	AHL-PEAHL-PEAspen Insurance Holdings Limited, 5.625%	Aspen Insurance Holdings Limited, 5.625%	0.62%	2.07M	$35.37M
14	TPGXLTPGXLTPG Operating Group II, L.P., 6.950%, Due 03/15/2064	TPG Operating Group II, L.P., 6.950%, Due 03/15/2064	0.47%	1.34M	$27.22M
15	MGREMGREAffiliated Managers Group, Inc., 6.75%, Due 03/30/2064	Affiliated Managers Group, Inc., 6.75%, Due 03/30/2064	0.47%	1.27M	$26.92M
16	BAC-PMBAC-PMBank of America Corporation, Series KK, 5.375%	Bank of America Corporation, Series KK, 5.375%	0.43%	1.27M	$24.63M
17	EQH-PAEQH-PAEquitable Holdings, Inc., Series A, 5.250%	Equitable Holdings, Inc., Series A, 5.250%	0.41%	1.34M	$23.38M
18	CGABLCGABLCarlyle Finance LLC, 4.625%, Due 05/15/2061	Carlyle Finance LLC, 4.625%, Due 05/15/2061	0.39%	1.47M	$22.18M
19	OAK-PBOAK-PBOaktree Capital Group, LLC, Series B, 6.55%	Oaktree Capital Group, LLC, Series B, 6.55%	0.36%	1.05M	$20.73M
20	SOJFSOJFThe Southern Company, 6.50%, Due 03/15/2085	The Southern Company, 6.50%, Due 03/15/2085	0.34%	838.06K	$19.33M

Showing 20 of 100

Sectors

sectors

Financial Services
69.57%
Real Estate
10.87%
Cash & Others
7.61%
Utilities
7.61%
Consumer Defensive
4.35%

Top 3 sectors

88.04%

Top 5 sectors

100.00%

Concentration index

0.5092

Effective sectors

Chart tools

Open Sector Allocation in Chart Builder to fine-tune colors, labels, and timeframe, then download a high-res PNG.

Countries

US-only and narrow-mandate funds may not publish a country split.

Asset Classes

Primary asset class

Fixed income

Strategy

Passive Index

Income strategy

Bond yield

Issuer-reported asset class: Core Investment Grade Bond

Frequently Asked Questions About FPE

What are the top holdings of FPE?: First Trust Preferred Securities and Income ETF holds 265 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.
How many holdings does FPE have?: FPE holds 265 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.

TickerHolding

Name

Weight

Market Value

WFC-PLWFC-PLWells Fargo & Company, Series L, 7.500%

Wells Fargo & Company, Series L, 7.500%

1.77%

95.37K

$101.82M

XELLLXELLLXcel Energy Inc., 6.250%, Due 10/15/2085

Xcel Energy Inc., 6.250%, Due 10/15/2085

1.21%

3.27M

$69.65M

CRBDCRBDCorebridge Financial, Inc., 6.375%, Due 12/15/2064

Corebridge Financial, Inc., 6.375%, Due 12/15/2064

1.08%

3.00M

$61.90M

ESGRPESGRPEnstar Group Limited, Series D, 7.000%, Variable Rate

Enstar Group Limited, Series D, 7.000%, Variable Rate

1.03%

2.69M

$59.27M

TMUSZTMUSZT-Mobile USA Inc., 5.50%, Due 03/01/2070

T-Mobile USA Inc., 5.50%, Due 03/01/2070

1.02%

3.13M

$58.28M

AEFCAEFCAegon Funding Company LLC, 5.100%, Due 12/15/2049

Aegon Funding Company LLC, 5.100%, Due 12/15/2049

0.98%

3.21M

$56.20M

DTKDTKDTE Energy Company, Series H, 6.25%, Due 10/01/2085

DTE Energy Company, Series H, 6.25%, Due 10/01/2085

0.97%

2.61M

$55.72M

FGSNFGSNF&G Annuities & Life, Inc., 7.30%, Due 01/15/2065

F&G Annuities & Life, Inc., 7.30%, Due 01/15/2065

0.91%

2.77M

$52.39M

ATH-PAATH-PAAthene Holding Ltd., Series A, 6.35% Variable Rate

Athene Holding Ltd., Series A, 6.35% Variable Rate

0.75%

1.93M

$43.26M

TMUSITMUSIT-Mobile USA Inc., 5.50%, Due 06/01/2070

T-Mobile USA Inc., 5.50%, Due 06/01/2070

0.75%

2.35M

$42.81M

ATHSATHSAthene Holding Ltd., 7.250% Variable Rate, Due 03/30/2064

Athene Holding Ltd., 7.250% Variable Rate, Due 03/30/2064

0.74%

1.83M

$42.52M

FGNFGNF&G Annuities & Life, Inc., 7.950%, Due 12/15/2053

F&G Annuities & Life, Inc., 7.950%, Due 12/15/2053

0.71%

1.78M

$40.48M

AHL-PEAHL-PEAspen Insurance Holdings Limited, 5.625%

Aspen Insurance Holdings Limited, 5.625%

0.62%

2.07M

$35.37M

TPGXLTPGXLTPG Operating Group II, L.P., 6.950%, Due 03/15/2064

TPG Operating Group II, L.P., 6.950%, Due 03/15/2064

0.47%

1.34M

$27.22M

MGREMGREAffiliated Managers Group, Inc., 6.75%, Due 03/30/2064

Affiliated Managers Group, Inc., 6.75%, Due 03/30/2064

0.47%

1.27M

$26.92M

BAC-PMBAC-PMBank of America Corporation, Series KK, 5.375%

Bank of America Corporation, Series KK, 5.375%

0.43%

1.27M

$24.63M

EQH-PAEQH-PAEquitable Holdings, Inc., Series A, 5.250%

Equitable Holdings, Inc., Series A, 5.250%

0.41%

1.34M

$23.38M

CGABLCGABLCarlyle Finance LLC, 4.625%, Due 05/15/2061

Carlyle Finance LLC, 4.625%, Due 05/15/2061

0.39%

1.47M

$22.18M

OAK-PBOAK-PBOaktree Capital Group, LLC, Series B, 6.55%

Oaktree Capital Group, LLC, Series B, 6.55%

0.36%

1.05M

$20.73M

SOJFSOJFThe Southern Company, 6.50%, Due 03/15/2085

The Southern Company, 6.50%, Due 03/15/2085

0.34%

838.06K

$19.33M