FPE News and Press, First Trust Preferred Securities and Income ETF From 08/24/22

Summary A significant amount of the Fixed-To-Floating Rate Preferred and Baby Bond securities tied to 3-Month Libor are above initial coupon rate when they float. Recent legislation removes risk associated with Libor linked securities post elimination. Area of interest in Fixe...

We take a look at the action in preferreds and baby bonds through the second week of July and highlight some of the key themes we are watching. Preferreds were up on the week, supported by falling Treasury yields and a stabilization in credit spreads. We take a look at the price a...

First Trust Preferred Securities and Income ETF ( NYSEARCA: FPE ) declares $0.0672/share quarterly dividend , -21.9% decrease from prior dividend of $0.0860. Forward yield 1.52% Payable July 29; for shareholders of record July 22; ex-div July 21. See FPE Divide...

The global economy and financial markets have suffered a dreadful H1 2022, ravaged by a severe commodity shock, strict COVID-19 lockdowns in the world’s second-largest economy, and one of the most aggressive Fed tightening cycles in recent history. H2 looks equally tough. In it...

PFFA generated high returns, as preferred stock helped this ETF earn higher coupons, sail through the market turbulence and generate an attractive pay-out. Preference shares involve risk of dividend deferral as well as risk of falling price and falling yield of preferreds in a rapidly...

How the market environment will develop in the medium term is highly uncertain due to an unusual post-pandemic recovery, an unusually high level of inflation, and Fed's hiking path. We revisit our All-Weather Income Portfolio, focusing on a fund version for investors who are less comf...

First Trust Preferred Securities and Income ETF (FPE) - $0.0860. 30-Day SEC Yield of 7.42% as of May. 31. Payable Jun 30; for shareholders of record Jun 27; ex-div Jun 24. For further details see: First Trust Preferred Securities and Income ETF declares monthly distribution of $0.0860 ...

We take a look at the action in preferreds and baby bonds through the first week of June and highlight some of the key themes we are watching. Preferreds were pretty flat on the week as the rally of the previous week has stalled. We highlight how investors can follow institutional...

FPE is a high-yield ETF in preferred stocks. Since inception, it has lost 10% in share price. In 7 years, the annual sum of distributions has decreased by 19%. How to manage capital decay in high yield securities. For further details see: FPE: Better Than SPFF, But S...

Preferred stocks issued by CEFs remain an overlooked sector by income investors. This sector has been supported by a number of themes, allowing it to outperform the broader preferreds space. We highlight a number of attractively-valued preferred securities issued by CEFs. Fo...