# First Trust EIP Power Solutions ETF (FPWR): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/fpwr for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: First Trust · Asset class: Sector Equity - Strategy: Actively Managed · Inception: 2019-08-19 First Trust Exchange-Traded Fund IV - First Trust EIP Power Solutions ETF is an exchange traded fund launched and managed by First Trust Advisors LP. It is co-managed by Energy Income Partners LLC. The fund invests in public equity markets. The fund invests in stocks of companies operating across energy, energy equipment services, utilities, independent power and renewable electricity producer, renewable electricity, oil, gas and consumable fuels, coal, uranium ores, oil and gas refining and marketing, petroleum and petroleum products, crude petroleum and natural gas, natural gas liquids, f... ## Key Facts | Metric | Value | |---|---| | Price | $36.99 | | Expense Ratio | 0.96% | | Assets Under Management | $33.2M | | NAV | $36.90 | | Holdings Count | 60 | | Distribution Yield (TTM) | 2.10% | | Annual Distribution (TTM) | $0.78 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $32.69 – $38.28 | | Beta | 0.56 | ## Latest Distribution - Amount: $0.2171 /share - Ex-date: 2026-09-24 - Pay date: 2026-09-30 ## Frequently Asked Questions ### What does FPWR invest in? First Trust Exchange-Traded Fund IV - First Trust EIP Power Solutions ETF is an exchange traded fund launched and managed by First Trust Advisors LP. It is co-managed by Energy Income Partners LLC. The fund invests in public equity markets. The fund invests in stocks of companies operating across energy, energy equipment services, utilities, independent power and renewable electricity producer, renewable electricity, oil, gas and consumable fuels, coal, uranium ores, oil and gas refining and marketing, petroleum and petroleum products, crude petroleum and natural gas, natural gas liquids, fugitive methane mitigation and management, nuclear power life-extension and small modular reactors, exploration, development, production, gathering, transportation, processing, storing, refining, distribution, mining or marketing of hydrogen or other energy sources energy storage or carbon and carbon dioxide sectors. It invests in growth and value stocks of companies across diversified market capitalization. It invests in stocks of companies that directly promote environmental responsibility. It employs fundamental and quantitative analysis to create its portfolio. The fund seeks to benchmark the performance of its portfolio against the S&P 500 Index and the PHLX Utility Sector Index. The fund does not invest in stocks of companies operating across coal production, oil exploration and production, crude oil storage, transportation and delivery sectors. First Trust Exchange-Traded Fund IV - First Trust EIP Power Solutions ETF was formed on August 19, 2019 and is domiciled in the United States. ### What is the expense ratio of FPWR? First Trust EIP Power Solutions ETF (FPWR) charges an expense ratio of 0.96%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is FPWR? First Trust EIP Power Solutions ETF (FPWR) manages $33.2M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is FPWR actively managed or an index fund? FPWR is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (FPWR's is 0.96%) in exchange for the discretion to over- or under-weight positions. ### When was FPWR launched? First Trust EIP Power Solutions ETF (FPWR) launched in August 2019 and is managed by First Trust. ### How has FPWR performed? FPWR's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does FPWR pay a dividend? First Trust EIP Power Solutions ETF (FPWR) currently distributes little or no income. Trailing-twelve-month yield is 2.10%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does FPWR pay dividends? First Trust EIP Power Solutions ETF pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is FPWR's dividend yield? FPWR's trailing-twelve-month yield is 2.10%, calculated from the sum of dividends over the past year divided by the current price. ### When is FPWR's next ex-dividend date? The most recently announced ex-dividend date for FPWR was 2026-09-24. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will FPWR's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.96% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does FPWR charge its expense ratio? The expense ratio is deducted in tiny daily slices from FPWR's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does FPWR cost more than a fund like VOO? FPWR is actively managed (current expense ratio 0.96%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether FPWR's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to FPWR? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as FPWR (0.96%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/fpwr - Distribution history: https://www.dividenddata.com/funds/fpwr/dividend - Holdings & diversification: https://www.dividenddata.com/funds/fpwr/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/fpwr/expenses - Peer comparison: https://www.dividenddata.com/funds/fpwr/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.