FIRST TRUST INTERMEDIATE DUR
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About FPF
First Trust Intermediate Duration Preferred & Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund's primary investment objective is to seek a high level of current income. The Fund has a secondary objective of capital appreciation. The Fund seeks to achieve its objectives by investing, under normal market conditions, at least 80% of its managed assets in preferred securities and other income producing securities issued by United States and non-United States companies, including traditional preferred securities, hybrid preferred securities that have investment and economic characteristics of both preferred securities and debt securities, floating rate and fixed-to-floating rate preferred securities, debt securities, convertible securities and contingent convertible securities. The Fund seeks to maintain, under normal market conditions, a duration of between three and eight years. The Fund's investment advisor is First Trust Advisors L.P.
Find out what a historical investment in FIRST TRUST INTERMEDIATE DUR would be worth today using our FPF stock calculator.
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9.10%
203.64K
$18.17
$17.83
$18.04
$19.74
$15.60
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This is not financial product advice nor a recommendation to invest in the securities listed. Past performance is not a reliable indicator of future performance. As always, do your own research and consider seeking financial, legal and taxation advice before investing. No representation is made as to the timeliness, reliability, accuracy or completeness of the market data provided.
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