The next chart compares the 10-year total returns of FPE and its five largest competitors with at least 10 years of track record: PFF, PGX, PGF, PFXF, PSK. FPE is the best performer, ahead of PFXF.
First Trust Preferred Securities and Income ETF offers a 5.3% yield, focusing on U.S. preferred stocks with 79% investment grade assets. FPE is heavily concentrated in the financial sector, especially ...
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