FPEI – First Trust Institutional Preferred Securities and Income ETF

First Trust Institutional Preferred Securities and Income ETF (FPEI) is a Preferred Stock ETF, issued by First Trust, $1.9B in assets, 0.83% expense ratio.

Returns as of Oct 23, 2026: 1 week -1.2%, 1 year +0.5%.

Focuses on institutional preferred securities and income-producing debt. Preferred securities have priority over common stock but are junior to debt.

Top holdings

• US808513BJ38 – SCHW 4, 1.5%
• WFC-PL – Wells Fargo & Company, 1.1%
• US95002YAA10 – WELLS FARGO 23/UND. FLR, 0.7%
• US693475BP99 – PNC 6.25, 0.5%
• US38141GA385 – GOLDM.S.GRP 23/UND. FLR, 0.2%
• US929089AG55 – US929089AG55, 0.0%
• US61762VAA98 – US61762VAA98, 0.0%

Important ETFs