First Trust Preferred Securities and Income ETF, managed by First Trust Advisors LP and co-managed by Stonebridge Advisors, LLC, is an exchange-traded fund that focuses on the fixed income market globally. It primarily invests in preferred securities and various income-producing debt securities, such as corporate bonds, high yield securities, convertible securities, and investment grade securities. With an investment strategy that includes both fundamental analysis and a mix of top-down and bottom-up security picking, the fund aims to offer investors exposure to a diversified portfolio with an average duration of three to 12 years.
Income-based investors often devote a large part of their securities research time looking at bonds. dividend stocks, REITs, and midstream companies. For those with less bandwidth to devote to individual securities, comparing…
