First Trust Preferred Securities and Income ETF FPE NYSE

First Trust Preferred Securities and Income ETF is an exchange-traded fund that seeks to provide investment exposure to preferred securities and income-producing debt securities. Under normal market conditions, the fund allocates at least 80% of its net assets, including any investment borrowings, to a diversified portfolio of preferred securities and income securities. These securities may be traded over-the-counter or listed on established exchanges, offering investors access to fixed-income instruments designed to generate regular income.