- What are the top holdings of FPEI?
- First Trust Institutional Preferred Securities & Income ETF holds 169 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.
- How many holdings does FPEI have?
- FPEI holds 169 positions as reported by the fund's most recent disclosure.
- What sectors does FPEI invest in?
- First Trust Institutional Preferred Securities & Income ETF (FPEI) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
- What sector is FPEI most exposed to?
- FPEI's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
- Is FPEI a US-only fund?
- The country allocation card on this page shows FPEI'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 FPEI invest in?
- The fund under normal market conditions, invests at least 80% of its net assets (including investment borrowings) in institutional preferred securities and income-producing debt securities. Preferred securities are a type of equity security that have preference over common stock in the payment of distributions and the liquidation of a company's assets, but are generally junior to all forms of the company's debt, including both senior and subordinated debt. The fund's investments in preferred securities will primarily be in institutional preferred securities.