Company overview
Understand the business
First Trust Intermediate Duration Preferred & Income Fund (FPF) is a U.S.-domiciled closed-end investment fund. FPF invests in preferred and other income securities while managing interest-rate duration. Preferred issuers, financing costs and changes in required yields influence the income and capital available to shareholders.
Primary earnings measures
Reported fund net investment income per common share, with its exact reporting period, is the core income measure shown here. Realized gains, unrealized changes and distributions are separate measures.
How the company supports its distribution
Portfolio dividends and interest, realized investment results and any option activity contribute to distribution resources after expenses. A declared distribution can include gains or return of capital as well as investment income; its amount is not an earnings figure.