# First Trust Preferred Securities and Income ETF (FPE) — Overview

FPE · NYSE · Fund

Canonical page: https://www.lighthorse.io/tickers/fpe

## Price

Last close $17.09 on Oct 15, 2026. 52-week range $17.00 – $18.51.

## Fund profile

FPE is an actively managed fund that attempts to generate income by investing globally in preferred equities and income producing debt across the market cap spectrum.

| Metric | Value |
| --- | --- |
| Issuer | First Trust Advisors L.P. |
| Industry | — |
| Inception | Feb 11, 2013 |
| Assets under management | $5.9B |
| Expense ratio | 0.83% |
| Net asset value | $17.04 (as of Oct 14, 2026) |
| Distributions | Monthly |
| Leverage | 1x |

## Frequently Asked Questions

### What is First Trust Preferred Securities and Income ETF (FPE)?

FPE is an actively managed fund that attempts to generate income by investing globally in preferred equities and income producing debt across the market cap spectrum.

### What is FPE's expense ratio?

First Trust Preferred Securities and Income ETF charges an annual expense ratio of 0.83%. The fund is issued by First Trust Advisors L.P..

### How large is FPE?

First Trust Preferred Securities and Income ETF manages $5.9B in assets and has traded since Feb 11, 2013.

### How do I buy shares of First Trust Preferred Securities and Income ETF (FPE)?

FPE trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).