First Trust Institutional... (FPEI)
| Bid | 18.61 |
| Market Cap | 1.58B |
| AUM | 1.31B |
| NAV | 18.47 |
| EPS (ttm) | n/a |
| PE Ratio (ttm) | n/a |
| Shares Out | 83.92M |
| Inception Date | Aug 23, 2017 |
| Ask | 19.19 |
| Volume | 1.12M |
| Open | 18.81 |
| Previous Close | 18.82 |
| Day's Range | 18.76 - 18.83 |
| 52-Week Range | 17.90 - 19.11 |
| Holdings | 169 |
| Expense Ratio | 0.85% |
About FPEI
The fund invests at least 80% of its net assets (including investment borrowings) in institutional preferred securities and income-producing debt securities ("Income Securities"). Preferred securities are a type of equity security that have preference over common stock in the payment of distributions and the liquidation of a company's assets, but are generally junior to all forms of the company's debt, including both senior and subordinated debt. The fund's investments in preferred securities will primarily be in institutional preferred securities.
Top 10 Holdings 17.64% of assets
| Name | Symbol | Weight |
|---|---|---|
| Us Dollar | 2.45% | |
| Toronto-dominion Ban... | 1.97% | |
| Credit Agricole Sa V... | 1.90% | |
| Enbridge Inc Variabl... | 1.83% | |
| Lloyds Banking Group... | 1.61% | |
| Ing Groep Nv Variabl... | 1.59% | |
| Natwest Group Plc Va... | 1.58% | |
| Bnp Paribas Variable... | 1.57% | |
| Global Atlantic Vari... | 1.57% | |
| Energy Transfer Lp V... | 1.57% |
Dividends Dividend Yield 5.59%
| Ex-Dividend | Amount | Payment Date |
|---|---|---|
| Feb 21, 2025 | $0.0852 | Feb 28, 2025 |
| Jan 22, 2025 | $0.0893 | Jan 31, 2025 |
| Dec 13, 2024 | $0.0870 | Dec 31, 2024 |
| Nov 21, 2024 | $0.0894 | Nov 29, 2024 |
| Oct 22, 2024 | $0.0906 | Oct 31, 2024 |
2 months ago · businesswire.com
First Trust Advisors L.P. Announces Distributions for Exchange-Traded FundsWHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. ("FTA") announces the declaration of distributions for 159 exchange-traded fund(s) (each a “Fund,” collectively, the “Funds”) advised by FTA. ...