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FPFD

$--
--%
1d
1w
1m

Analysis and statistics

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About

FPFD.US represents the First Preferred Share ETF from First Trust. This exchange-traded fund (ETF) seeks to replicate the performance, before fees and expenses, of the ICE Exchange-Listed Fixed & Adjustable Rate Preferred Securities Index. This index tracks the performance of U.S. dollar-denominated preferred securities, which are hybrid securities that have characteristics of both debt and equity. FPFD provides investors with exposure to a diversified portfolio of preferred stocks, offering potential income from dividend payments and diversification benefits, but also carrying risks associated with interest rate fluctuations and credit quality of the issuers.
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Factors

Fund Performance: FPFD's net asset value (NAV) changes based on its underlying holdings' performance.

Interest Rate Sensitivity: As a fixed-income fund, FPFD's price is inversely related to interest rate changes.

Credit Risk: Changes in the creditworthiness of FPFD's bond holdings affect its price.

Inflation Expectations: Rising inflation can decrease the real value of FPFD's fixed-income assets.

Supply and Demand: Market forces, like investor demand, can influence FPFD's trading price.

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