FPE vs PRFD
First Trust Preferred Securities and Income ETF compared with PIMCO Preferred And Capital Securities Active Exchange-Traded Fund on yield, payout growth, payment schedule, cost and risk.
FPE
First Trust Preferred Securities and Income ETF
TTM yield · Monthly
PRFD
PIMCO Preferred And Capital Securities Active Exchange-Traded Fund
TTM yield · Monthly
Quick take
- FPE yields more today: 6.02% vs 5.90% (forward).
- FPE has grown its payout faster: 2.6%/yr vs 1.7%/yr over the last 1 year.
- Both pay every month.
- Over the last year PRFD delivered the higher total return: +4.1% vs +3.3% (price change plus payouts).
- PRFD is cheaper to own: 0.73% vs 0.83% expense ratio.
- PRFD has the steadier distribution: consistency 98/100 vs 84/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | FPE | PRFD |
|---|---|---|
| Share price | $17.60 | $50.35 |
| TTM yield | 6.02% | 5.90% |
| Forward yield | 6.02% | 5.90% |
| Annual payout per share | $1.059 | $2.97 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Sep 20, 2026 (est.) | Oct 1, 2026 (est.) |
| Expense ratio | 0.83% | 0.73% |
| 1-year payout growth | +2.6% | +1.7% |
| 5-year payout CAGR | +2.7% | — |
| Consecutive years of increases | 2 years | 1 year |
| Payout consistency (last 12) | 84/100 | 98/100 |
| 1-year total return | +3.3% | +4.1% |
| 1-year price return | -2.6% | -1.7% |
| Size (market cap / AUM) | 6.3B | 237.9M |
| Years paying | 13.5 | 3.5 |
| Sector / category | Preferred Stock | Preferred Stock |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| FPE | PRFD | |
|---|---|---|
| Shares | 568.2 | 198.6 |
| Income per year | $602 | $590 |
| Income per month (avg) | $50 | $49 |
At forward yields, before taxes. Model FPE · Model PRFD
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| FPE Sep 20, 2026 | Oct 4, 2026 | $0.0882 | Est. |
| FPE Oct 20, 2026 | Nov 3, 2026 | $0.0882 | Est. |
| FPE Nov 19, 2026 | Dec 3, 2026 | $0.0882 | Est. |
| PRFD Oct 1, 2026 | Oct 15, 2026 | $0.2475 | Est. |
| PRFD Oct 31, 2026 | Nov 14, 2026 | $0.2475 | Est. |
| PRFD Nov 30, 2026 | Dec 14, 2026 | $0.2475 | Est. |
Annual payouts per share
FPEPRFD
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, FPE or PRFD?
FPE currently has the higher trailing yield: FPE yields 6.02% and PRFD yields 5.90%. Yield changes daily with price, so check the live figures above.
How often do FPE and PRFD pay?
FPE pays every month and PRFD pays every month. FPE's next ex-date is Sep 20, 2026 and PRFD's is Oct 1, 2026.
Which has grown its dividend faster, FPE or PRFD?
FPE has grown its payout faster: 2.6%/yr vs 1.7%/yr over the last 1 year.
Is FPE or PRFD better for income?
It depends on what you are optimising for. FPE and PRFD differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.