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 appreciation. Listed on the New York Stock Exchange, the fund aims to deliver a consistent distribution by investing primarily in intermediate-duration preferred securities issued by U.S. and foreign corporations, financial institutions and utilities.

The fund’s portfolio is composed predominantly of fixed- and floating-rate preferred stocks, with at least 80% of its total assets invested in such securities. It utilizes a covered call option overlay strategy on a portion of its holdings to enhance current income potential, while maintaining a target weighted average portfolio duration generally between three and seven years. The fund may also invest in related income-producing securities, such as subordinated debt, to broaden its yield opportunities.

Advisor responsibilities for FPF are handled by First Trust Advisors L.P., an independent registered investment adviser headquartered in Wheaton, Illinois. First Trust Advisors oversees portfolio construction and risk management, drawing on research capabilities and credit analysis to select preferred issues that meet the fund’s income and quality objectives. The fund is subject to governance by an independent board of trustees to ensure alignment with shareholder interests.

Since commencing operations in 2013, First Trust Intermediate Duration Preferred & Income Fund has served individual and institutional investors seeking a yield-focused vehicle within the preferred securities market. While its primary exposure remains U.S. issuers, the fund’s flexibility to invest globally offers diversification benefits. Its blend of income strategies and disciplined duration management positions FPF as a specialized option for investors targeting enhanced yield in a managed risk framework.

Key Stats

• Today's Range: $18.69 to $18.91
• 50-Day Range: $18.54 to $19.73
• 52-Week Range: $15.60 to $19.75
• Volume: 243,876 shs
• Average Volume: 131,445 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: 8.76%
• 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 on January 1st, 2025. Since then, FPF shares have increased by 4.6% and is now trading at $18.83.

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

First Trust Intermediate Duration Preferred & Income Fund's top institutional investors include Gridiron Partners LLC, RDA Financial Network and Cooper Financial Group. 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 9/15 Dividend: 9/02/2025
• Ex-Dividend for 9/15 Dividend: 9/02/2025
• Dividend Payable: 9/15/2025
• Record date for 10/15 Dividend: 10/01/2025
• Ex-Dividend for 10/15 Dividend: 10/01/2025
• Dividend Payable: 10/15/2025
• Today: 10/16/2025

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: $94.04 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