First Trust Preferred Etf Profile
| FPE Etf | USD 17.92 0.05 0.28% |
Performance7 of 100
| Odds Of DistressLess than 9
|
First Trust is trading at 17.92 as of the 30th of November 2024, a 0.28 percent increase since the beginning of the trading day. The etf's lowest day price was 17.86. First Trust has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for First Trust Preferred are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
Under normal market conditions, the fund invests at least 80 percent of its net assets in preferred securities and income-producing debt securities . Preferred Securities is traded on NYSEARCA Exchange in the United States. More on First Trust Preferred
Moving together with First Etf
First Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Preferred Stock ETFs, Strategy ETFs, Preferred Stock, First Trust (View all Sectors) |
| Issuer | First Trust |
| Inception Date | 2013-02-11 |
| Benchmark | Not Applicable |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 5.73 Billion |
| Average Trading Valume | 1.16 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Preferred Stock |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | Brown Brothers Harriman & Co. |
| Advisor | First Trust Advisors L.P. |
| Custodian | Brown Brothers Harriman & Co. |
| Distributor | First Trust Portfolios L.P. |
| Portfolio Manager | Scott Fleming, Robert Wolf, Eric Weaver, Angelo Graci |
| Transfer Agent | Brown Brothers Harriman & Co. |
| Fiscal Year End | 31-Oct |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 230 |
| Market Maker | Jane Street |
| Total Expense | 0.84 |
| Management Fee | 0.84 |
| Country Name | USA |
| Returns Y T D | 11.65 |
| Name | First Trust Preferred Securities and Income ETF |
| Currency Code | USD |
| Open Figi | BBG0043NRZ00 |
| In Threey Volatility | 10.66 |
| 1y Volatility | 6.38 |
| 200 Day M A | 17.5671 |
| 50 Day M A | 18.04 |
| Code | FPE |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
First Trust Preferred [FPE] is traded in USA and was established 2013-02-11. The fund is classified under Preferred Stock category within First Trust family. The entity is thematically classified as Preferred Stock ETFs. First Trust Preferred currently have 6.21 B in assets under management (AUM). , while the total return for the last 3 years was 1.7%.
Check First Trust Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on First Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding First Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as First Trust Preferred Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top First Trust Preferred Etf Constituents
| BIL | SPDR Bloomberg 1 3 | Etf | Ultrashort Bond | |
| 7D8 | BROOKFBH 462 PRSNU | Stock | DE Stock | |
| CMSC | CMS Energy Corp | Stock | Utilities | |
| CMSD | CMS Energy Corp | Stock | Utilities | |
| MGR | Affiliated Managers Group | Stock | Financials | |
| BPYPN | Brookfield Property Partners | Preferred Stock | Real Estate Services | |
| BPYPO | Brookfield Property Partners | Preferred Stock | Real Estate | |
| SHV | iShares Short Treasury | Etf | Ultrashort Bond |
First Trust Top Holders
| FDIV | MarketDesk Focused Dividend | Etf | Multisector Bond |
First Trust Preferred Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in First Trust. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0455 | |||
| Jensen Alpha | 0.0018 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.46) |
First Trust Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust Preferred. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
The market value of First Trust Preferred is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Trust's value that differs from its market value or its book value, called intrinsic value, which is First Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Trust's market value can be influenced by many factors that don't directly affect First Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.