First Trust Intermediate Duration Preferred & Income Fund

First Trust Intermediate Duration Preferred & Income Fund engages in the investment current income and a secondary objective of capital appreciation. The company was founded in 1999 is headquartered in Wheaton, IL.

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 $0.1275 per share payable on April 18, 2022, to shareholders of record as of April 4, 2022. The ex-dividend date is expected to be April 1, 2022. The monthly distribution information for the Fund appears below.   First Trust Intermediate Duration Preferred & Income Fund (FPF):   D

First Trust Intermediate Duration Preferred & Income Fund Declares its Monthly Common Share Distribution of $0.1275 Per Share for April

FPF is a closed-end fund that invests at least 80% of its portfolio in preferred securities.

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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 $0.1275 per share payable on March 15, 2022, to shareholders of record as of March 2, 2022. The ex-dividend date is expected to be March 1, 2022. 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 $0.1275 Per Share for March

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WHEATON, Ill.--(BUSINESS WIRE)--First Trust Intermediate Duration Preferred & Income Fund (the "Fund") (NYSE: FPF) has declared its regularly scheduled monthly common share distribution of $0.1275 per share payable on February 15, 2022, to shareholders of record as of February 2, 2022. The ex-dividend date is expected to be February 1, 2022. The monthly distribution information for the Fund appears below. First Trust Intermediate Duration Preferred & Income Fund (FPF):   Distribution pe

First Trust Intermediate Duration Preferred & Income Fund Declares its Monthly Common Share Distribution of $0.1275 Per Share for February

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 $0.1275 per share payable on January 18, 2022, to shareholders of record as of December 31, 2021. The ex-dividend date is expected to be December 30, 2021. The monthly distribution information for the Fund appears below. First Trust Intermediate Duration Preferred & Income Fund (F

First Trust Intermediate Duration Preferred & Income Fund Declares its Monthly Common Share Distribution of $0.1275 Per Share for January

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Today, we are taking a refreshed look at the preferred closed-end fund space. We see that the entire space has become more expensive, yet at the same time, distribution yields have dropped - this is mirroring the broader CEF spaces actions.

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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 $0.1275 per share payable on December 15, 2021, to shareholders of record as of December 2, 2021. The ex-dividend date is expected to be December 1, 2021. The monthly distribution information for the Fund appears below. First Trust Intermediate Duration Preferred & Income Fund (FP

First Trust Intermediate Duration Preferred & Income Fund Declares Its Monthly Common Share Distribution of $0.1275 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 $0.1275 per share payable on November 15, 2021, to shareholders of record as of November 2, 2021. The ex-dividend date is expected to be November 1, 2021. The monthly distribution information for the Fund appears below. First Trust Intermediate Duration Preferred & Income Fund (FP

First Trust Intermediate Duration Preferred & Income Fund Declares its Monthly Common Share Distribution of $0.1275 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 $0.1275 per share payable on October 15, 2021, to shareholders of record as of October 4, 2021. The ex-dividend date is expected to be October 1, 2021. 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 $0.1275 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 $0.1275 per share payable on September 15, 2021, to shareholders of record as of September 2, 2021. The ex-dividend date is expected to be September 1, 2021. 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 $0.1275 Per Share for September

A recovery in credit spreads and a drop in Treasury yields have buoyed the prices of preferred stocks and sector CEF NAVs. This has allowed preferred CEFs to increase borrowings this year which drives higher income levels and strengthens distribution coverage.

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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 $0.1275 per share payable on August 16, 2021, to shareholders of record as of August 3, 2021. The ex-dividend date is expected to be August 2, 2021. The monthly distribution information for the Fund appears below. First Trust Intermediate Duration Preferred & Income Fund (FPF): Di

First Trust Intermediate Duration Preferred & Income Fund Declares its Monthly Common Share Distribution of $0.1275 Per Share for August

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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 $0.1275 per share payable on June 15, 2021, to shareholders of record as of June 2, 2021. The ex-dividend date is expected to be June 1, 2021. 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 $0.1275 Per Share for June

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FPF tends to screen well in the preferreds CEF sector due to its relatively strong historic returns and wide discount. We discuss some of the fund's headwinds such as its strict leverage mandate, which caused a sharp deleveraging last year, and its swap hedge, which is a drag on income.

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WHEATON, Ill.--(BUSINESS WIRE)--First Trust Intermediate Duration Preferred & Income Fund (the "Fund") (NYSE: FPF) has decreased its regularly scheduled monthly common share distribution to $0.1275 per share from $0.1325 per share. The distribution will be payable on November 16, 2020, to shareholders of record as of November 3, 2020. The ex-dividend date is expected to be November 2, 2020. The monthly distribution information for the Fund appears below. First Trust Intermediate Duration Pr

First Trust Intermediate Duration Preferred & Income Fund Decreases its Monthly Common Share Distribution to $0.1275 Per Share for November

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News for First Trust Intermediate Duration Preferred & Income Fund ETF (FPF)