FFPEI
About this security
FPEI is a preferred-stock ETF (First Trust Institutional Preferred Securities & Income ETF) — a fund that holds a diversified basket of preferred securities, giving income exposure without picking individual issues.
First Trust Institutional Preferred Securities & Income ETF: FPEI is an actively managed exchange-traded fund launched by First Trust in 2017. It invests at least 80% of its net assets in institutional preferred securities and income-producing debt securities. The preferred securities it targets are issues typically geared toward institutional investors — generally issued in large lot sizes and trading over-the-counter — distinguishing it from retail-oriented preferred ETFs. The fund's sub-advisor employs a top-down approach accounting for sector, interest rate, and systemic risks, with individual securities selected on credit fundamentals, relative value, and technical factors such as call features and pricing inefficiencies. As of recent data, the fund manages approximately $1.79 billion in assets.
Issuer page — all First Trust Institutional Preferred Securities & Income ETF securities & profile →
Key Stats exchange-traded fund — holds a diversified basket of preferreds consistency checks passed — not source-verified
vs. Preferred ETF category (17 issues): yield 5.81% vs avg 6.51%
Quote
| FPEI (preferred) | FPEI (common) | |
|---|---|---|
| Last | $19.08 | $19.08 |
| Change | — | — |
| Open | $19.10 | $19.10 |
| High / Low | $19.10 / $19.07 | $19.10 / $19.07 |
| Prev Close | — | — |
| Volume | 329,558 | 329,558 |
| 52-Week High / Low | $19.61 / $18.71 | $19.61 / $18.71 |
52-week range based on available history. Shares outstanding / market cap require a fundamentals feed (not in current data plan).
Price
Dividend History
| Ex-Date | Amount / Share |
|---|---|
| 2026-07-21 | $0.094800 |
| 2026-06-25 | $0.090400 |
| 2026-05-21 | $0.098600 |
| 2026-04-21 | $0.089500 |
| 2026-03-26 | $0.092400 |
| 2026-02-20 | $0.085500 |
| 2026-01-21 | $0.091300 |
| 2025-12-12 | $0.106000 |
| 2025-11-21 | $0.091000 |
| 2025-10-21 | $0.090500 |
| 2025-09-25 | $0.085200 |
| 2025-08-21 | $0.093800 |
Performance — $10K Calculator
Dividends reinvested (DRIP) at the close on each ex-date. Full performance page →
News — First Trust Institutional Preferred Securities & Income ETF
- (FPEI) Risk Channels and Responsive Allocation — news.stocktradersdaily.com · Jul 30, 2026
- NewEdge Advisors LLC Lowers Stake in First Trust Institutional Preferred Securities and Income ETF $FPEI — thelincolnianonline.com · Jul 30, 2026
- (FPEI) Movement as an Input in Quant Signal Sets — news.stocktradersdaily.com · Jul 18, 2026
- Liquidity Mapping Around (FPEI) Price Events — news.stocktradersdaily.com · Jun 26, 2026
- Why (FPEI) Price Action Is Critical for Tactical Trading — news.stocktradersdaily.com · Jun 15, 2026
- First Trust Institutional Preferred Securities and Income ETF $FPEI is Montis Financial LLC’s 3rd Largest Position — thelincolnianonline.com · Jun 09, 2026
Issuer news via Tiingo — filtered to stories about FPEI.