FIRST TRUST PREFERRED SECURITIES AND INCOME ETF :
FPE
FPE
Stock Data
$18.11
$0.00 (0.00%)
Asset Type
N/A
Exchange
N/A
Currency
N/A
Country
N/A
Sector
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Industry
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First Trust Preferred Securities and Income ETF, managed by First Trust Advisors LP and co-managed by Stonebridge Advisors, LLC, is an exchange-traded fund that focuses on the fixed income market globally. It primarily invests in preferred securities and various income-producing debt securities, such as corporate bonds, high yield securities, convertible securities, and investment grade securities. With an investment strategy that includes both fundamental analysis and a mix of top-down and bottom-up security picking, the fund aims to offer investors exposure to a diversified portfolio with an average duration of three to 12 years.