FPEI News and Press, First Trust Institutional Preferred Securities and Income From 05/24/23

2023-05-24 11:52:33 ET First Trust Institutional Preferred Securities and Income ETF ( NYSEARCA: FPEI ) - $0.0946 . 30-Day SEC Yield of 5.71% as of May. 24. Payable May 31; for shareholders of record May 24; ex-div May 23. For further details see: First Trust...

2023-04-24 14:52:27 ET First Trust Institutional Preferred Securities and Income ETF ( NYSEARCA: FPEI ) - $0.0806 . 30-Day SEC Yield of 6.19% as of March. 31. Payable Apr 28; for shareholders of record Apr 24; ex-div Apr 21. For further details see: First Tru...

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...

2023-03-28 17:51:51 ET Summary The First Trust Institutional Preferred Securities and Income ETF is a preferred securities fund. The fund is overweight bank preferred securities, with insurance and capital markets being the next highest segments. Diversification and granularit...

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,...

Summary We take a look at the action in preferreds and baby bonds through the first week of January and highlight some of the key themes we are watching. Preferreds had a terrific start to the year, supported by lower Treasury yields and higher stocks. Many beaten-down stocks fell o...

First Trust Institutional Preferred Securities and Income ETF ( NYSEARCA: FPEI ) - $0.0886 . 30-Day SEC Yield of 5.44% as of Nov. 30. Payable Dec 30; for shareholders of record Dec 27; ex-div Dec 23. For further details see: First Trust Institutional Preferred Securi...

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 We take a look at the action in preferreds and baby bonds through the fourth week of August and highlight some of the key themes we are watching. Preferreds finished the week lower as Powell disabused the market from a drop in the policy rate over 2023. Pinned-to-par s...