First Trust Intermediate Duration Preferred & Income Fund (FPF) Stock Price, News & Analysis

Company Overview

First Trust Intermediate Duration Preferred & Income Fund (NYSE: FPF) is a diversified, closed-end management investment company that seeks to provide a high level of current income with a secondary objective of capital preservation. Organized under the Investment Company Act of 1940, FPF commenced operations in December 2014 and trades on the New York Stock Exchange. The fund is managed by First Trust Advisors L.P., an indirect wholly owned subsidiary of First Trust Portfolios L.P., a leading provider of exchange-traded funds, closed-end funds and other investment products.

FPF’s investment objective is achieved by allocating at least 80% of its net assets to preferred securities and other income-producing instruments. The fund focuses on intermediate-duration issues, seeking a balanced risk profile between short-term liquidity and long-term yield. Its holdings span investment-grade and below-investment-grade credits, offering exposure to a variety of sectors, including financials, utilities, communications and corporate issuers.

While the portfolio is primarily U.S.-focused, FPF may invest in securities of issuers located in Canada, Europe and Asia, broadening its geographic diversification. The fund may also employ limited leverage and utilize derivative instruments, such as interest rate swaps, to manage interest rate risk and enhance income. Regular portfolio reviews and rigorous credit analysis support its goal of delivering consistent distributions to shareholders.

FPF is overseen by a board of trustees, including a majority of independent members, who monitor the fund’s compliance with its investment policies and objectives. First Trust Advisors L.P. brings to the fund a team of experienced portfolio managers and fixed-income analysts based in Wheaton, Illinois. With roots dating back to 1991, First Trust has grown into a respected asset manager, offering a suite of closed-end funds designed to meet a range of income and total return needs for institutional and individual investors alike.

Key Stats

• Today's Range: $18.79 to $18.90
• 50-Day Range: $17.57 to $18.88
• 52-Week Range: $15.60 to $19.74
• Volume: 130,493 shs
• Average Volume: 145,392 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: 8.74%
• Price Target: N/A
• Consensus Rating: N/A

FPF Stock Analysis - Frequently Asked Questions

How have FPF shares performed this year?

First Trust Intermediate Duration Preferred & Income Fund's stock was trading at $18.00 at the start of the year. Since then, FPF shares have increased by 4.9% and is now trading at $18.8760.

Who are First Trust Intermediate Duration Preferred & Income Fund's major shareholders?

First Trust Intermediate Duration Preferred & Income Fund's top institutional investors include RDA Financial Network, SeaCrest Wealth Management LLC, Silver Oak Securities Incorporated and MassMutual Private Wealth & Trust FSB. Insiders that own company stock include Scott T Fleming and Eric David Weaver.
View institutional ownership trends.

How do I buy shares of First Trust Intermediate Duration Preferred & Income Fund?

Shares of FPF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of First Trust Intermediate Duration Preferred & Income Fund own?

Based on aggregate information from My MarketBeat watchlists, some other companies that First Trust Intermediate Duration Preferred & Income Fund investors own include AT&T (T), Verizon Communications (VZ), Enterprise Products Partners (EPD), Altria Group (MO), Pfizer (PFE), Energy Transfer (ET) and Exxon Mobil (XOM).

Company Calendar

• Record date for 6/16 Dividend: 6/02/2025
• Ex-Dividend for 6/16 Dividend: 6/02/2025
• Dividend Payable: 6/16/2025
• Record date for 7/15 Dividend: 7/01/2025
• Ex-Dividend for 7/15 Dividend: 7/01/2025
• Today: 7/15/2025
• Dividend Payable: 7/15/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Financial Services
• Industry: Asset Management
• Sub-Industry: Financial Services
• Current Symbol: NYSE:FPF
• CIK: 855237
• Web: www.ftportfolios.com
• Phone: (630) 765-8000
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $279.37 million
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A