FPE News and Press, First Trust Preferred Securities and Income ETF From 04/04/23

2023-04-04 11:26:00 ET Summary The recent banking crisis created significant turmoil in several markets, including preferred and capital securities. Yet, with the crisis seemingly now contained, the extra risk attached to the hybrid assets is likely overdone, creating a compelling...

2023-03-11 04:30:32 ET Summary ETFs started out as just another form of index-matching alternative to mutual funds. But today, there are now over 1000 actively managed ETFs. While actively managed ETFs and mutual funds have pretty consistently trailed passively managed ones in...

Summary We share data on 40 big-yield preferred stock ETFs and CEFs, including a special focus on the popular iShares Preferred and Income Securities ETF (current yield is 5.8%). After diving into the details on PFF, we compare it to other preferred stock funds that offer higher yields,...

Mere “common stocks” fell 18% in last year. But these preferred shares are set to do better. Especially for contrarian income seekers like us. I’m talking about safe 7% to 8% yields. Backed by good old fashioned cash flows. With double-digit price upside , too, as...

First Trust Preferred Securities and Income ETF ( NYSEARCA: FPE ) - $0.0925 . 30-Day SEC Yield of 5.77% as of Nov. 30. Payable Dec 30; for shareholders of record Dec 27; ex-div Dec 23. For further details see: First Trust Preferred Securities and Income ETF declares ...

Summary FPE is an ETF in international preferred stocks, with a 6% yield. It has beaten its largest competitors since 2013. However, this asset class has suffered capital decay and distribution decay. Both share price and distributions of FPE have shrunk by over 18% since ...

Summary The global economy has been hit by several headwinds, almost all of them leading back to higher inflation. Europe is likely already in recession, the U.S. will enter recession in Q2 2023, while China struggles to make recovery headway. Markets have faced up to the reality ...

Summary Elevated inflation, currencies, slowing global economic growth expectations, and reduced central bank liquidity remain key economic considerations. Volatility measured by the VIX spiked in September after declining in August. This wall of worry is real, but it is impor...

Summary Basket of old Minimum Coupon Floating Rate issues are finally starting to float on a forward-looking basis. Looking at issues tied to Bank of America suggests the floating rate securities should begin to resist principal loss if rates continue to move higher. With the ...

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...