| Browse All

First Trust Institutional Preferred Securities and Income ETF (FPEI)

Preferred Stock | Exchange Traded Fund | NYSEArca
19.33 USD +0.09 (0.442%) ⇧ (April 17, 2026, 3:59 p.m. EDT)
After hours: 19.33
Short-term: ★★★☆☆ | Long-term: ★★★★☆ | Dividends: ★★★★★
Hot Take | April 11, 2026, 3:16 p.m. EDT

FPEI is a preferred securities ETF with a high dividend yield of 5.78%, indicating strong income potential for dividend-focused investors. The recent price history shows moderate volatility, with the price fluctuating around the 52-week range. The ETF has demonstrated a consistent dividend payout over the past five years, with amounts ranging from 0.072 to 0.106, which suggests a reliable yield. However, the short-term price forecasting model indicates a minimal predicted price increase of 0.43% over the next 45 days, which may not be significant for short-term traders. For long-term investors, the consistent dividend payments and the ETF's focus on preferred securities make it an attractive option, especially given the current low-interest rate environment. Overall, FPEI is a solid choice for long-term income-focused investors, but short-term traders should be cautious due to the lack of strong momentum signals.
Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.008880
MSTL0.011482
AutoARIMA0.013260
AutoETS0.013423

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 41%
H-stat 35.30
Ljung-Box p 0.000
Jarque-Bera p 0.085
Excess Kurtosis -0.54

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.49% 5.91% 6.30% 6.22%
Dividend History
Date Dividend Yield %
2026-03-26 0.092 0.489362
2026-02-20 0.086 0.442253
2026-01-21 0.091 0.473054
2025-12-12 0.106 0.556488
2025-11-21 0.091 0.481480
2025-10-21 0.091 0.480270
2025-09-25 0.085 0.451871
2025-08-21 0.094 0.510075
2025-07-22 0.091 0.499108
2025-06-26 0.086 0.474455
2025-05-21 0.091 0.515498
2025-04-22 0.092 0.532336
2025-03-27 0.088 0.498902
2025-02-21 0.085 0.481330
2025-01-22 0.089 0.510338
2024-12-13 0.087 0.496452
2024-11-21 0.089 0.512663
2024-10-22 0.091 0.522214
2024-09-26 0.080 0.458385
2024-08-21 0.091 0.534002
2024-07-23 0.088 0.523699
2024-06-27 0.090 0.541373
2024-05-21 0.089 0.541229
2024-04-23 0.084 0.521315
2024-03-21 0.088 0.540579
2024-02-21 0.081 0.507218
2024-01-23 0.081 0.513790
2023-12-22 0.087 0.553427
2023-11-21 0.086 0.577550
2023-10-24 0.074 0.514300
2023-09-22 0.088 0.599820
2023-08-22 0.089 0.606566
2023-07-21 0.089 0.608665
2023-06-27 0.084 0.587484
2023-05-23 0.095 0.671774
2023-04-21 0.081 0.569552
2023-03-24 0.088 0.649939
2023-02-22 0.082 0.535818
2023-01-24 0.082 0.531400
2022-12-23 0.089 0.601055
2022-11-22 0.072 0.495329
2022-10-21 0.081 0.574857
2022-09-23 0.083 0.570231
2022-08-23 0.076 0.508422
2022-07-21 0.077 0.529791
2022-06-24 0.075 0.520870
2022-05-24 0.077 0.524086
2022-04-21 0.068 0.444708
2022-03-25 0.083 0.541191
2022-02-18 0.073 0.467109
2022-01-21 0.072 0.449624
2021-12-23 0.069 0.429454
2021-11-23 0.081 0.506349
2021-10-21 0.071 0.441262
2021-09-23 0.067 0.414613
2021-08-24 0.083 0.516277
2021-07-21 0.077 0.480644
2021-06-24 0.080 0.503418
2021-05-21 0.076 0.484338
2021-04-21 0.075 0.478453
2021-03-25 0.078 0.504220
2021-02-23 0.073 0.468399
2021-01-21 0.080 0.518404
2020-12-24 0.084 0.547832
2020-11-24 0.084 0.559173
2020-10-21 0.085 0.584126
2020-09-24 0.079 0.549935
2020-08-21 0.080 0.553428
2020-07-21 0.102 0.727945
2020-06-25 0.071 0.514722
2020-05-21 0.056 0.419700
2020-04-21 0.110 0.855081
2020-03-26 0.087 0.711935
2020-02-21 0.074 0.503408
2020-01-22 0.088 0.605813
2019-12-13 0.083 0.578811
2019-11-21 0.083 0.587079
2019-10-22 0.082 0.584047
2019-09-25 0.079 0.569879
2019-08-21 0.083 0.606893
2019-07-23 0.089 0.652537
2019-06-14 0.084 0.629365
2019-05-21 0.088 0.663617
2019-04-23 0.085 0.642099
2019-03-21 0.088 0.675660
2019-02-21 0.082 0.638255
2019-01-23 0.081 0.643175
2018-12-18 0.105 0.849365
2018-11-21 0.086 0.687965
2018-10-23 0.089 0.702751
2018-09-14 0.079 0.614343
2018-08-21 0.094 0.737922
2018-07-20 0.089 0.705372
2018-06-21 0.087 0.691287
2018-05-22 0.088 0.693115
2018-04-20 0.087 0.679774
2018-03-22 0.085 0.666246
2018-02-21 0.070 0.543969
2018-01-23 0.104 0.799430
2017-12-21 0.062 0.480431
2017-11-21 0.099 0.768020
2017-10-20 0.070 0.542778
2017-09-21 0.070 0.549770
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 5.78

Info Dump

Attribute Value
All Time High 21.72
All Time Low 14.09
Ask 19.33
Ask Size 200
Average Daily Volume10 Day 372,610
Average Daily Volume3 Month 453,301
Average Volume 453,301
Average Volume10Days 372,610
Beta3 Year 0.64
Bid 18.7
Bid Size 300
Category Preferred Stock
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 19.34
Day Low 19.29
Dividend Yield 5.78
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 19.2926
Fifty Day Average Change 0.03240013
Fifty Day Average Change Percent 0.0016794071
Fifty Two Week Change Percent 5.7142854
Fifty Two Week High 19.61
Fifty Two Week High Change -0.28499985
Fifty Two Week High Change Percent -0.014533393
Fifty Two Week Low 18.17
Fifty Two Week Low Change 1.1550007
Fifty Two Week Low Change Percent 0.06356636
Fifty Two Week Range 18.17 - 19.61
First Trade Date Milliseconds 1,503,495,000,000
Five Year Average Return 0.0421382
Full Exchange Name NYSEArca
Fund Family First Trust
Fund Inception Date 1,503,360,000
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund under normal market conditions, invests at least 80% of its net assets (including investment borrowings) in institutional preferred securities and income-producing debt 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.
Long Name First Trust Institutional Preferred Securities and Income ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_533599898
Nav Price 19.3
Net Assets 1,887,214,080.0
Net Expense Ratio 0.85
Open 19.29
Phone (800) 621-1675
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 19.325
Post Market Time 1,776,464,521
Previous Close 19.24
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change 0.085001
Regular Market Change Percent 0.441793
Regular Market Day High 19.34
Regular Market Day Low 19.29
Regular Market Day Range 19.29 - 19.34
Regular Market Open 19.29
Regular Market Previous Close 19.24
Regular Market Price 19.325
Regular Market Time 1,776,455,994
Regular Market Volume 140,408
Short Name First Trust Institutional Prefe
Source Interval 15
Symbol FPEI
Three Year Average Return 0.107048795
Total Assets 1,887,214,080
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -0.99977
Trailing Three Month Returns -0.99977
Triggerable 1
Two Hundred Day Average 19.296745
Two Hundred Day Average Change 0.028255463
Two Hundred Day Average Change Percent 0.0014642605
Type Disp ETF
Volume 140,408
Yield 0.057800002
Ytd Return -0.99977