FPE News and Press, First Trust Preferred Securities and Income ETF From 08/07/21

We review CEF market valuation and performance over the last week of July and highlight recent market events. July CEF returns were wrapped around zero in aggregate as higher NAVs were offset by wider discounts. We continue to favor funds in a number of higher-yielding niche secto...

First Trust Preferred Securities and Income ETF (FPE) - $0.0708.30-Day SEC Yield of 3.29% as of June 30.Payable Jul 30; for shareholders of record Jul 22; ex-div Jul 21. For further details see: First Trust Preferred Securities and Income ETF declares monthly distribution of $0.0708

First Trust Preferred Securities and Income ETF (FPE) - $0.0715.30-Day SEC Yield of 3.59% as of May 28.Payable Jun 30; for shareholders of record Jun 25; ex-div Jun 24. For further details see: First Trust Preferred Securities and Income ETF declares monthly distribution of $0.0715

We take a look at the preferred fund sector and discuss performance, high valuation due to tight credit spreads, and broader trends. We also discuss the key trend of redemptions and floating-rate resets that are driving CEF incomes lower, eventually likely to lead to broad-based distr...

First Trust Preferred Securities and Income ETF (FPE) - $0.0605.30-Day SEC Yield of 3.78% as of April 30.Payable May 28; for shareholders of record May 24; ex-div May 21. For further details see: First Trust Preferred Securities and Income ETF declares monthly distribution of $0.0605

In an earlier article, we discussed that in a market of low and stable / rising yields, open-end funds can provide similar performance to CEFs with much better risk control. In this article, we take a look at active ETFs, which provide the benefits of open-end funds alongside the acti...

First Trust Preferred Securities and Income ETF (FPE) declares $0.0867/share monthly dividend, 6.1% increase from prior dividend of $0.0817.Forward yield 5.14%Payable March 31; for shareholders of record March 26; ex-div March 25.See FPE Dividend Scorecard, Yield Chart, & Dividend Growth....

Global manufacturing PMI buoyed by further strong gains in production. Robust growth seen in the US, Eurozone, India and Brazil despite supply chain delays close to record high. Expansion limited by further slowdown in China, in turn linked to shipping and logistics problems. ...

Preferred securities are one alternative source of income that investors may want to consider when looking to enhance yield in their portfolios. To alleviate concerns of concentration risk, we believe investors should consider non-financial preferreds ("ex financials"), which provide ...

First Trust Preferred Securities and Income ETF (FPE) declares $0.0817/share monthly dividend, -8.5% decrease from prior dividend of $0.0893.Forward yield 4.85%Payable Dec. 31; for shareholders of record Dec. 28; ex-div Dec. 24.See FPE Dividend Scorecard, Yield Chart, & Dividend Growth. ...