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ALL
Market cap
$1.13B
EPS
--
P/E ratio
9.7
Price to sales
4.84
Dividend yield
8.909%
Beta
0.857123
Previous close
$18.50
Today's open
$18.46
Day's range
$18.45 - $18.54
52 week range
$15.60 - $19.75
CEO
--
Employees
--
Headquarters
,
Exchange
New York Stock Exchange
Shares outstanding
--
Issue type
Common Stock
Finance
Asset Management Services
FPF: Preferred Exposure Benefiting From A Friendlier Rate Environment
The First Trust Intermediate Duration Preferred & Income Fund (FPF) provides exposure primarily to preferred securities but also contingent convertible securities. The fund has been seeing strong total return performance thanks to a stabilizing long rate environment and short rates being cut. The fund delivers a distribution yield of 8.75%, with rising coverage boding well that they should maintain the current rate.
Seeking Alpha • Dec 1, 2025

First Trust Intermediate Duration Preferred & Income Fund Declares its Monthly Common Share Distribution of $0.1375 Per Share for December
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 December 15, 2025, to shareholders of record as of December 1, 2025. The ex-dividend date is expected to be December 1, 2025. The monthly distribution information for the Fund appears below. First Trust Intermediate Duration Preferred & Income Fu.
Business Wire • Nov 20, 2025

FPF: Banking Sector Exposure Could Be A Short-Term Risk
First Trust Intermediate Duration Preferred & Income Fund offers an attractive 8.79% yield, outperforming major fixed-income indices in income generation. FPF's portfolio is heavily weighted toward bank-issued preferreds, exposing investors to sector-specific risks heightened by the ongoing government shutdown. While FPF trades at a reasonable 5.39% discount to NAV and covers distributions over 18 months, recent six-month coverage was insufficient, warranting close monitoring.
Seeking Alpha • Nov 6, 2025

First Trust Intermediate Duration Preferred & Income Fund Declares its Monthly Common Share Distribution of $0.1375 Per Share for November
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 November 17, 2025, to shareholders of record as of November 3, 2025. The ex-dividend date is expected to be November 3, 2025. The monthly distribution information for the Fund appears below. First Trust Intermediate Duration Preferred & Income Fund (FP.
Business Wire • Oct 21, 2025

First Trust Intermediate Duration Preferred & Income Fund Declares its Monthly Common Share Distribution of $0.1375 Per Share for October
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 October 15, 2025, to shareholders of record as of October 1, 2025. The ex-dividend date is expected to be October 1, 2025. The monthly distribution information for the Fund appears below. First Trust Intermediate Duration Preferred & Income Fund (FPF):.
Business Wire • Sep 18, 2025

FPF: Inconsistent Distribution Coverage Limits Appeal
FPF: Inconsistent Distribution Coverage Limits Appeal
Seeking Alpha • Aug 21, 2025

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.
Business Wire • Aug 20, 2025

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): .
Business Wire • Jul 21, 2025

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.
Business Wire • Jun 18, 2025

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.
Seeking Alpha • Jun 6, 2025

¹ Disclosures

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