FPEFirst Trust Preferred Securities and Income ETF
Dividend & Income ETF · First Trust
Holdings as of Apr 30, 2026
FPE is a Dividend & Income ETF from First Trust holding 259 positions as of Apr 30, 2026, with $6.3B in assets and a 0.83% net expense ratio. Its largest positions are Bank of America Corp. (2.5%), Wells Fargo & Co. 7.5% NON-CUMULATIVE PERPETUAL CONVERTIBLE CLASS A PREFERRED STOCK, SERIES L (2.1%) and BARC (1.7%); the top 10 holdings account for 14.9% of the portfolio. It yields 5.98% on a trailing-12-month basis.
- Issuer
- First Trust
- Holdings
- 259
- Net Assets
- $6.3BETF assets as of 2026-08-10
- Expense Ratio
- 0.83%per latest SEC prospectus filing
- TTM Yield
- 5.98%trailing 12-month distributions
Performance
- 1M
- +0.2%
- YTD
- +1.4%
- 1Y
- +5.5%
- 3Y (ann.)
- +9.5%
- 5Y (ann.)
- +2.8%
- 10Y (ann.)
- +4.8%
A $10,000 investment 10 years ago would be worth $15,905 today at the 10Y annualized rate. This is a backward-looking illustration, not a forecast. Project its future growth →
Total returns including dividends as of 2026-08-07. 3Y/5Y/10Y annualized. Past performance does not predict future results.
Top 25 Holdings
| # | Holding | Weight |
|---|---|---|
| 1 | Bank of America Corp. | 2.52% |
| 2 | Wells Fargo & Co. 7.5% NON-CUMULATIVE PERPETUAL CONVERTIBLE CLASS A PREFERRED STOCK, SERIES L | 2.07% |
| 3 |  BARCBACR V8 PERP | 1.65% |
| 4 | NextEra Energy Capital Holdings Inc SERIES U JUNIOR SUBORDINATED DEBENTURES DUE JUNE 1, 2085 | 1.40% |
| 5 | JPMorgan Chase & Co., Series NN | 1.35% |
| 6 | Xcel Energy Inc 6.25% NOTES ISSUED DUE ON OCTOBER 15, 2085 | 1.25% |
| 7 | ACAFP V7.125 PERP 144A | 1.23% |
| 8 | Citigroup Inc. | 1.20% |
| 9 | BNP Paribas | 1.13% |
| 10 | T-Mobile USA, Inc. 5.500% SENIOR NOTES ISSUED DUE ON MARCH 1, 2070 | 1.09% |
| 11 | Corebridge Financial Inc. 6.375% JUNIOR SUBORDINATED NOTES DUE DECEMBER 15,2064. | 1.08% |
| 12 | Charles Schwab Corp. (The), Series H | 1.07% |
| 13 | Hartford Insurance Group Inc/The | 1.06% |
| 14 | Goldman Sachs Group, Inc. (The), Series X | 1.04% |
| 15 | Bank of Montreal | 1.01% |
| 16 | DTE Energy Co. 6.250% JUNIOR SUBORDINATED DEBENTURES DUE ON OCTOBER 1, 2085 | 1.01% |
| 17 | AAGACA V5.25 PERP QIB | 1.00% |
| 18 | Aegon Funding Company LLC 5.10% SUBORDINATED NOTES DUE DECEMBER 15, 2049 | 0.97% |
| 19 | Enstar Group Ltd., Series D, Pfd. | 0.95% |
| 20 | BNP V8.5 PERP 144A | 0.95% |
| 21 | Banco Santander S.A. | 0.95% |
| 22 | F&G Annuities & Life Inc. CALLABLE FIXED FOR LIFE JUNIOR SUBORDINATED NOTES DUE JANUARY 15, 2065 | 0.94% |
| 23 | INTNED V7 PERP . | 0.94% |
| 24 | Bell Telephone Co. of Canada or Bell Canada | 0.93% |
| 25 | Royal Bank of Canada | 0.93% |
Showing the top 25 of 259 holdings. See the full FPE holdings list →
FPE alternatives
The closest Dividend & Income ETFs to FPE by portfolio overlap — the share of weight both funds hold in the same securities.
| Fund | Overlap | Expense | Assets | |
|---|---|---|---|---|
 VRPInvesco Variable Rate Preferred ETF | 22% | 0.5%cheaper | $3.0B | Compare → |
 PGXInvesco Preferred ETF | 16% | 0.5%cheaper | $3.8B | Compare → |
 PFFiShares Preferred and Income Securities ETF | 15% | 0.45%cheaper | $13.3B | Compare → |
Frequently Asked Questions
What is FPE's expense ratio?
FPE has a net expense ratio of 0.83%, per its latest SEC prospectus filing. That works out to about $83 a year on a $10,000 investment.
How many holdings does FPE have?
FPE held 259 positions as of Apr 30, 2026, per its latest official holdings data.
What are FPE's top 10 holdings?
FPE's largest positions are Bank of America Corp. (2.5%), Wells Fargo & Co. 7.5% NON-CUMULATIVE PERPETUAL CONVERTIBLE CLASS A PREFERRED STOCK, SERIES L (2.1%), BARC (1.7%), NextEra Energy Capital Holdings Inc SERIES U JUNIOR SUBORDINATED DEBENTURES DUE JUNE 1, 2085 (1.4%), JPMorgan Chase & Co., Series NN (1.3%), Xcel Energy Inc 6.25% NOTES ISSUED DUE ON OCTOBER 15, 2085 (1.3%), ACAFP V7.125 PERP 144A (1.2%), Citigroup Inc. (1.2%), BNP Paribas (1.1%), T-Mobile USA, Inc. 5.500% SENIOR NOTES ISSUED DUE ON MARCH 1, 2070 (1.1%). Together they account for 14.9% of the portfolio.
What is FPE's dividend yield?
FPE yields 5.98% based on its trailing 12-month distributions, as of Aug 7, 2026.
How big is FPE?
FPE has $6.3B in assets as of Aug 10, 2026.
What are good alternatives to FPE?
By portfolio overlap, the closest Dividend & Income ETFs to FPE are VRP (22% overlap), PGX (16% overlap), PFF (15% overlap). Overlap measures the share of portfolio weight both funds hold in the same securities.