Description: The investment seeks total return and to provide current income. The fund invests at least 80% of its net assets (including investment borrowings) in preferred securities ("Preferred Securities") and income-producing debt securities ("Income Securities"). It invests in securities that are traded over-the-counter or listed on an exchange. The fund may invest in U.S. and non-U.S. debt and equity securities that are traded over-the-counter or listed on an exchange. It invests at least 60% of its net assets in securities rated investment grade (BBB-/Baa3 or higher) at the time of purchase. The fund is non-diversified.
Home Page: www.ftportfolios.com/Retail/Etf/EtfSummary.aspx?Ticker=FPE
FPE Technical AnalysisExchange: NYSE ARCA
Country: US
Currency: US Dollar ($)
Category: Preferred Stock
Asset Allocation | |||
---|---|---|---|
Asset Class | Long % | Short % | Net Assets |
NotClassified | 52.97 | 0.00 | 52.97 |
Bond | 46.95 | 0.00 | 46.95 |
Cash | 0.08 | 0.00 | 0.08 |
Other | 0.00 | 0.00 | 0.00 |
Sector Weights | ||
---|---|---|
Sector | Equity % | Relative to Category |
World Regions | ||
---|---|---|
Region | Equity % | Relative to Category |
North America | 0.00 | 93.44 |
United Kingdom | 0.00 | 6.56 |