First Trust Institutional Preferred Securities and Income ETF trades under ticker FPEI on NYSE as an ETF. Use this page to review its market price, share price, dividends, and price history. The page also shows Preferred Stock exposure. Identifiers: ISIN US33739P8555, CUSIP 33739P855.
Related researchFPEI ETF priceFPEI share priceFPEI dividend historyFPEI dividend yieldFirst Trust Institutional Preferred Securities and Income ETF dividend historyFirst Trust Institutional Preferred Securities and Income ETF dividend yield33739P855First Trust Institutional Preferred Securities and Income ETFFirst Trust Institutional Preferred Securities and Income ETF share price
About the Company
The fund invests at least 80% of its net assets (including investment borrowings) in institutional preferred securities and income-producing debt securities ("Income 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.