FPF

First Trust Intermediate Duration Preferred & Income Fund

FPF

Market cap $1.19B

Overview Fund Activity

19.56 USD

+0.09

0.46%

At close Updated Sep 15, 9:43 AM EDT

1 day

0.46%

5 days

1.61%

1 month

3.49%

3 months

6.89%

6 months

6.07%

Year to date

8.25%

1 year

3.06%

5 years

-11.17%

10 years

-9.74%

About: First Trust Inter Dur Pref& Income Fund is a diversified, closed-end management investment company. Its primary investment objective is to seek a high level of current income. Further, it has a secondary objective of capital appreciation. The Fund invests in the traditional preferred securities, hybrid preferred securities, floating rate & fixed-to-floating rate preferred securities, debt securities, convertible securities, and contingent convertible securities issued by U.S. and non-U.S. companies. Its investment portfolio includes industries such as Banks, Insurance, Capital Markets, Electric Utilities, Oil, Gas & Consumable Fuels, Food Products, and others.

Financials Asset Management

0

Funds holding %

of 7,463 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

45% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 11

5% more capital invested

Capital invested by funds: $291M [Q1] → $306M (+$14.8M) [Q2]

4% more funds holding

Funds holding: 107 [Q1] → 111 (+4) [Q2]

0.71% more ownership

Funds ownership: 26.03% [Q1] → 26.75% (+0.71%) [Q2]

21% less repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 34

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Financial journalist opinion

FPF: Inconsistent Distribution Coverage Limits Appeal

FPF: Inconsistent Distribution Coverage Limits Appeal

FPF: Inconsistent Distribution Coverage Limits Appeal

First Trust Intermediate Duration Preferred & Income Fund Declares its Monthly Common Share Distribution of $0.1375 Per Share for September

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Intermediate Duration Preferred & Income Fund (the "Fund") (NYSE: FPF) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.1375 per share payable on September 15, 2025, to shareholders of record as of September 2, 2025. The ex-dividend date is expected to be September 2, 2025. The monthly distribution information for the Fund appears below. First Trust Intermediate Duration Preferred & Income Fund.

First Trust Intermediate Duration Preferred & Income Fund Declares its Monthly Common Share Distribution of $0.1375 Per Share for September

First Trust Intermediate Duration Preferred & Income Fund Declares its Monthly Common Share Distribution of $0.1375 Per Share for August

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Intermediate Duration Preferred & Income Fund (the "Fund") (NYSE: FPF) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.1375 per share payable on August 15, 2025, to shareholders of record as of August 1, 2025. The ex-dividend date is expected to be August 1, 2025. The monthly distribution information for the Fund appears below. First Trust Intermediate Duration Preferred & Income Fund (FPF): .

First Trust Intermediate Duration Preferred & Income Fund Declares its Monthly Common Share Distribution of $0.1375 Per Share for August

First Trust Intermediate Duration Preferred & Income Fund Declares its Monthly Common Share Distribution of $0.1375 Per Share for July

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Intermediate Duration Preferred & Income Fund (the "Fund") (NYSE: FPF) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.1375 per share payable on July 15, 2025, to shareholders of record as of July 1, 2025. The ex-dividend date is expected to be July 1, 2025. The monthly distribution information for the Fund appears below. First Trust Intermediate Duration Preferred & Income Fund (FPF): Distribu.

First Trust Intermediate Duration Preferred & Income Fund Declares its Monthly Common Share Distribution of $0.1375 Per Share for July

FPF: Preferred Stocks Also Have A U.S. Dollar Problem

First Trust Intermediate Duration Preferred & Income Fund offers a high 9.1% yield, outperforming most fixed-income peers, making it attractive for income-focused investors seeking strong current income. The FPF fund faces risks from U.S. dollar depreciation, which erodes the real value of distributions and weakens the case for long-term fixed-income holdings. FPF's partial exposure to foreign issuers could help offset dollar weakness, but the exact benefit is unclear due to limited disclosure on currency denomination.

FPF: Preferred Stocks Also Have A U.S. Dollar Problem

First Trust Intermediate Duration Preferred & Income Fund Declares its Monthly Common Share Distribution of $0.1375 Per Share for June

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Intermediate Duration Preferred & Income Fund (the "Fund") (NYSE: FPF) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.1375 per share payable on June 16, 2025, to shareholders of record as of June 2, 2025. The ex-dividend date is expected to be June 2, 2025. The monthly distribution information for the Fund appears below. First Trust Intermediate Duration Preferred & Income Fund (FPF): Dist.

First Trust Intermediate Duration Preferred & Income Fund Declares its Monthly Common Share Distribution of $0.1375 Per Share for June

First Trust Intermediate Duration Preferred & Income Fund Declares its Monthly Common Share Distribution of $0.1375 Per Share for May

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Intermediate Duration Preferred & Income Fund (the "Fund") (NYSE: FPF) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.1375 per share payable on May 15, 2025, to shareholders of record as of May 1, 2025. The ex-dividend date is expected to be May 1, 2025. The monthly distribution information for the Fund appears below. First Trust Intermediate Duration Preferred & Income Fund (FPF): Distributio.

First Trust Intermediate Duration Preferred & Income Fund Declares its Monthly Common Share Distribution of $0.1375 Per Share for May

FPF: Improving Diversification, But Wait For A Better Entry Point

The First Trust Intermediate Duration Preferred & Income Fund offers a high yield of 8.92%, superior to most index funds and many peers. Preferred stock dividends are taxed more favorably than bond interest, making the fund attractive for income-focused investors concerned with taxes. The fund fully covered its distributions in the most recent year, but it had to rely on its unrealized capital gains to do so.

FPF: Improving Diversification, But Wait For A Better Entry Point

First Trust Intermediate Duration Preferred & Income Fund Declares its Monthly Common Share Distribution of $0.1375 Per Share for April

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Intermediate Duration Preferred & Income Fund (the "Fund") (NYSE: FPF) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.1375 per share payable on April 15, 2025, to shareholders of record as of April 1, 2025. The ex-dividend date is expected to be April 1, 2025. The monthly distribution information for the Fund appears below. First Trust Intermediate Duration Preferred & Income Fund (FPF): Dis.

First Trust Intermediate Duration Preferred & Income Fund Declares its Monthly Common Share Distribution of $0.1375 Per Share for April

First Trust Intermediate Duration Preferred & Income Fund Declares its Monthly Common Share Distribution of $0.1375 Per Share for March

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Intermediate Duration Preferred & Income Fund (the "Fund") (NYSE: FPF) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.1375 per share payable on March 17, 2025, to shareholders of record as of March 3, 2025. The ex-dividend date is expected to be March 3, 2025. The monthly distribution information for the Fund appears below. First Trust Intermediate Duration Preferred & Income Fund (FPF): Distr.

First Trust Intermediate Duration Preferred & Income Fund Declares its Monthly Common Share Distribution of $0.1375 Per Share for March

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