(FPEI) First Trust Institutional - Ratings and Ratios
Institutional Preferred Securities, Income Debt Securities, Hybrid Instruments
Dividends
| Dividend Yield | 4.62% |
| Yield on Cost 5y | 5.73% |
| Yield CAGR 5y | 0.94% |
| Payout Consistency | 96.8% |
| Payout Ratio | - |
| Risk via 5d forecast | |
|---|---|
| Volatility | 6.57% |
| Value at Risk 5%th | 10.2% |
| Relative Tail Risk | -5.69% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.85 |
| Alpha | 2.49 |
| CAGR/Max DD | 0.62 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.594 |
| Beta | 0.141 |
| Beta Downside | 0.202 |
| Drawdowns 3y | |
|---|---|
| Max DD | 13.70% |
| Mean DD | 2.31% |
| Median DD | 0.44% |
Description: FPEI First Trust Institutional November 11, 2025
The First Trust Institutional Preferred Securities and Income ETF (FPEI) allocates at least 80 % of its net assets-including any investment-grade borrowings-to institutional preferred securities and other income-producing debt instruments. Preferred securities sit between common equity and senior debt in the capital structure, offering higher claim on cash flows but typically lower upside than common stock.
Key quantitative metrics (as of the latest filing) include a distribution yield around 5.2 % and an expense ratio of 0.45 %. The fund’s weighted-average maturity is roughly 4.5 years, indicating moderate interest-rate sensitivity, while the average credit quality of its holdings is rated “A-” by S&P, reflecting a bias toward investment-grade issuers.
Macro-level drivers that can materially affect performance are the Federal Reserve’s policy stance (higher rates compress preferred-stock yields) and the health of the financial sector, which historically supplies a large share of institutional preferred issues. A widening of credit spreads or a slowdown in corporate earnings could increase default risk and pressure distributions.
If you want a data-rich, side-by-side comparison of FPEI’s risk-adjusted returns versus peers, ValueRay’s analytics dashboard offers the tools you need to dig deeper.
What is the price of FPEI shares?
Over the past week, the price has changed by -0.54%, over one month by +0.14%, over three months by +0.99% and over the past year by +8.22%.
Is FPEI a buy, sell or hold?
What are the forecasts/targets for the FPEI price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 21.3 | 10.2% |
FPEI Fundamental Data Overview December 15, 2025
Beta = 0.48
Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 1.81b USD (1.81b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 1.81b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 1.81b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 6.53% (E(1.81b)/V(1.81b) * Re(6.53%) + (debt-free company))
Discount Rate = 6.53% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Fair Price DCF = unknown (Cash Flow 0.0)
Additional Sources for FPEI ETF
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle