First Trust Preferred Securities and Income ETF Price & Performance (FPE)

First Trust Institutional Preferred Securities and Income ETF (FPEI) is scheduled for its next ex-dividend date on April 22, with payment expected on April 30. The previous distribution was $0.0881 per share. The ETF, trading near $18.24, offers monthly payouts and currently yields about 5.76%.12

First Trust Preferred Securities and Income ETF (FPE) is currently priced at $17.24, up 0.88% over the past year. Despite this modest gain, its three-year performance remains negative. The ETF’s expense ratio is 0.84%, and it continues to attract investors seeking income from preferred securities.34

As of the latest close, First Trust Institutional Preferred Securities and Income ETF (FPEI) traded at $18.24, with a daily range between $18.22 and $18.26. Volume reached nearly 184,000 shares. The ETF’s net asset value at month end was $18.65, trading at a slight discount of $0.48.25