---
ticker: "FPFD"
name: "Fidelity Preferred Securities & Income ETF"
url: "https://etf.net/etf/FPFD"
grade: "C"
score: 51
graded_at: "2026-10-12"
category: "Preferred Securities"
category_rank: "18 of 31"
methodology: "https://etf.net/methodology"
---

# FPFD: Fidelity Preferred Securities & Income ETF

Grade **C**, Score 51 of 100. Rank 18 of 31 in Preferred Securities.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 32 | 21 of 31 |
| Mission | 75 | 9 of 26 |
| Risk | 59 | 14 of 31 |
| Tradability | 46 | 17 of 31 |
| Holdings | 55 | 16 of 29 |
| Durability | 51 | 19 of 31 |

## Top holdings

The fund holds 331 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Energy Tran Lp 6.625%/VAR Perp | 4.79% |
| 2 | — | Enbridge Inc 8.5%/VAR 01/15/84 | 2.27% |
| 3 | — | Net Other Assets | 1.71% |
| 4 | — | Energy Tran Lp 6.55%/VAR 1/57 | 1.58% |
| 5 | — | Vistra Operatio 7.25%/VAR 3/57 | 1.57% |
| 6 | — | Gsinc 4.125%/VAR Perp | 1.46% |
| 7 | STRF | Strategy Inc Ser A 10% Perp Pf | 1.43% |
| 8 | SOJE | Southern Cmp 4.2% Pfd 10/15/60 | 1.36% |
| 9 | — | Jpmc Co Frn TSFR3M+274.5 Perp | 1.33% |
| 10 | — | Pnc Fincl Srvcs 3.4%/VAR Perp | 1.25% |
| 11 | MS-PP | Morgan Stanley 6.5% Pfd Perp | 1.22% |
| 12 | — | Bnpsa 6.875%/VAR Perp 144A | 1.16% |
| 13 | — | Us Bancorp Del 3.7%/VAR Perp | 1.07% |
| 14 | — | Citigroup 6.75%/VAR Perp | 1.05% |
| 15 | — | Wellsfargo 6.55%/VAR Perp | 1.04% |
| 16 | — | Plains All Ame 6.75%/VAR 12/56 | 1.02% |
| 17 | — | Sunoco Lp 7.875%/VAR Perp 144A | 1.01% |
| 18 | — | Schwab Charles 4%/VAR Perp | 0.99% |
| 19 | — | Venture Glb 9%/VAR 12/99 144A | 0.98% |
| 20 | — | Citigroup 6.875%/VAR Perp | 0.96% |
| 21 | — | Sempra 4.125%/VAR 04/01/52 | 0.93% |
| 22 | — | Gsinc 6.85%/VAR Perp | 0.89% |
| 23 | MS-PK | Morgan Stanley 5.85% Pfd Perp | 0.84% |
| 24 | — | M&T Bank Corp 6.625% Pfd Perp | 0.79% |
| 25 | — | Boa Corp 6.25%/VAR Perp | 0.76% |
| 26 | BAC-PM | Bac Ser Kk 5.375% Pfd Perp | 0.74% |
| 27 | DTK | Dte Energy Co 6.25% Ser H Pfd | 0.73% |
| 28 | — | Citigroup Inc 6.625%/VAR Perp | 0.72% |
| 29 | T-PC | AT&T Inc Ser C 4.75% Pfd Perp | 0.72% |
| 30 | — | Citigroup Inc 6.25% Perp Pref | 0.71% |

Source: etf.net, https://etf.net/etf/FPFD. Please cite the page URL.