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First Trust Intermediate Duration Preferred & Income Fund (FPF)

Financial Services | Asset Management | Wheaton, United States | NYSE
17.80 USD -0.02 (-0.112%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 17.80
Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★★⯪☆
Hot Take ↕ | Aug. 22, 2026, 4:37 a.m. EDT

The most compelling aspect of this instrument is its massive 9.35% yield, which provides a powerful floor for income-focused investors. However, the price action tells a different story: the asset is trading significantly below its 50-day and 200-day averages, indicating persistent selling pressure and a lack of near-term momentum. While the recent monthly distribution remains stable at $0.138, the underlying preferred portfolio appears to be under stress, evidenced by the fund's 18% decline over the last nine years despite a mixed history of annual gains and losses. The statistical forecast model offers only a neutral outlook for the coming month, suggesting no immediate catalyst to reverse the downtrend. Consequently, while the yield is attractive, the capital preservation risks and lack of upward price bias limit the investment case to a neutral stance.
Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.008304
AutoETS0.008319
AutoARIMA0.008457
MSTL0.008799

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 60%
H-stat 15.79
Ljung-Box p 0.000
Jarque-Bera p 0.216
Excess Kurtosis -0.92
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-08-31
Last Dividend Date 2026-08-02
Market Cap 1,083,091,328
Trailing P/E 7.01

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.78% 8.97% 9.10% 8.43%
Dividend History
Date Dividend Yield %
2026-08-03 0.138 0.783201
2026-07-01 0.138 0.764967
2026-06-01 0.138 0.764967
2026-05-01 0.138 0.747158
2026-04-01 0.138 0.782757
2026-03-02 0.138 0.730932
2026-02-02 0.138 0.729002
2025-12-31 0.138 0.740343
2025-12-01 0.138 0.748779
2025-11-03 0.138 0.732095
2025-10-01 0.138 0.727081
2025-09-02 0.138 0.723650
2025-08-01 0.138 0.734824
2025-07-01 0.138 0.737968
2025-06-02 0.138 0.759912
2025-05-01 0.138 0.784091
2025-04-01 0.138 0.754511
2025-03-03 0.138 0.736786
2025-02-03 0.138 0.739550
2024-12-31 0.138 0.766667
2024-12-02 0.138 0.737574
2024-11-01 0.138 0.741139
2024-10-01 0.138 0.708783
2024-09-03 0.138 0.736000
2024-08-01 0.138 0.761589
2024-07-01 0.138 0.760750
2024-06-03 0.138 0.783201
2024-05-01 0.138 0.805134
2024-04-01 0.138 0.780543
2024-03-01 0.138 0.789022
2024-02-01 0.138 0.793103
2023-12-28 0.138 0.839927
2023-12-01 0.138 0.863579
2023-11-01 0.108 0.749480
2023-10-02 0.108 0.733696
2023-09-01 0.108 0.714758
2023-08-01 0.108 0.692308
2023-07-03 0.108 0.696774
2023-06-01 0.108 0.692752
2023-05-01 0.108 0.701754
2023-04-03 0.108 0.689215
2023-03-02 0.108 0.613288
2023-02-01 0.113 0.588235
2022-12-29 0.113 0.669828
2022-12-01 0.113 0.643875
2022-11-01 0.113 0.691131
2022-10-03 0.113 0.684848
2022-09-01 0.113 0.604925
2022-08-01 0.128 0.628993
2022-07-01 0.128 0.691145
2022-06-01 0.128 0.650406
2022-05-02 0.128 0.652728
2022-04-01 0.128 0.579973
2022-03-01 0.128 0.607211
2022-02-01 0.128 0.543063
2021-12-30 0.128 0.517172
2021-12-01 0.128 0.523517
2021-11-01 0.128 0.505929
2021-10-01 0.128 0.512821
2021-09-01 0.128 0.492497
2021-08-02 0.128 0.493827
2021-07-01 0.128 0.510570
2021-06-01 0.128 0.512000
2021-05-03 0.128 0.518219
2021-04-01 0.128 0.533333
2021-03-01 0.128 0.552200
2021-02-01 0.128 0.543986
2020-12-30 0.128 0.535117
2020-12-01 0.128 0.560175
2020-11-02 0.128 0.595903
2020-10-01 0.133 0.620336
2020-09-01 0.133 0.600181
2020-08-03 0.133 0.609533
2020-07-01 0.133 0.620625
2020-06-01 0.133 0.625294
2020-05-01 0.133 0.656790
2020-04-01 0.133 0.828660
2020-03-02 0.133 0.563798
2020-02-03 0.133 0.553936
2019-12-30 0.133 0.566922
2019-12-02 0.133 0.550041
2019-11-01 0.133 0.560708
2019-10-01 0.133 0.562606
2019-09-03 0.143 0.613997
2019-08-01 0.143 0.621199
2019-07-01 0.143 0.625000
2019-06-03 0.143 0.667912
2019-05-01 0.143 0.643275
2019-04-01 0.143 0.650591
2019-03-01 0.143 0.667289
2019-02-01 0.143 0.671992
2018-12-28 0.143 0.720766
2018-12-03 0.143 0.706522
2018-11-01 0.143 0.701324
2018-10-01 0.143 0.672941
2018-09-04 0.143 0.651778
2018-08-01 0.143 0.656867
2018-07-02 0.143 0.664189
2018-06-01 0.143 0.655663
2018-05-01 0.143 0.635556
2018-04-02 0.153 0.666957
2018-03-01 0.153 0.666667
2018-02-01 0.153 0.658631
2017-12-28 0.153 0.629112
2017-12-01 0.153 0.618432
2017-11-01 0.153 0.620186
2017-10-02 0.153 0.620942
2017-09-01 0.153 0.621951
2017-08-01 0.153 0.620690
2017-07-03 0.153 0.620438
2017-06-01 0.153 0.625767
2017-05-01 0.153 0.646115
2017-04-03 0.163 0.703800
2017-03-01 0.163 0.690971
2017-02-01 0.163 0.708388
2016-12-28 0.163 0.717746
2016-12-01 0.163 0.768868
2016-11-01 0.163 0.728654
2016-10-03 0.163 0.702889
2016-09-01 0.163 0.701075
2016-08-01 0.163 0.690678
2016-07-01 0.163 0.695096
2016-06-01 0.163 0.710240
2016-05-02 0.163 0.715226
2016-04-01 0.163 0.728654
2016-03-01 0.163 0.756732
2016-02-01 0.163 0.739900
2016-01-04 0.163 0.777301
2015-12-01 0.163 0.754979
2015-11-02 0.163 0.747706
2015-10-01 0.163 0.764182
2015-09-01 0.163 0.753932
2015-08-03 0.163 0.757083
2015-07-01 0.163 0.763109
2015-06-01 0.163 0.723801
2015-05-01 0.163 0.710549
2015-04-01 0.163 0.726058
2015-03-02 0.163 0.724444
2015-02-02 0.163 0.726058
2014-12-29 0.325 1.473255
2014-12-01 0.163 0.727029
2014-11-03 0.158 0.725436
2014-10-01 0.158 0.728111
2014-09-02 0.153 0.683646
2014-08-01 0.153 0.703448
2014-07-01 0.153 0.674306
2014-06-02 0.153 0.677891
2014-05-01 0.153 0.678492
2014-04-01 0.153 0.691995
2014-03-03 0.153 0.697993
2014-02-03 0.153 0.732408
2013-12-27 0.229 1.075117
2013-12-02 0.153 0.749265
2013-11-01 0.152 0.728318
2013-10-01 0.152 0.706977
2013-09-03 0.153 0.732057
2013-08-01 0.152 0.692168
Additional Data
dividendRate 1.65
dividendYield 9.26
exDividendDate 2026-09-01
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
lastDividendValue 0.138
lastDividendDate 2026-08-03
dividendDate 2019-02-15

Info Dump

Attribute Value
52 Week Change -0.06659675
Address1 120 East Liberty Drive
Address2 Suite 400
All Time High 26.26
All Time Low 10.75
Ask 17.84
Ask Size 900
Average Daily Volume10 Day 87,740
Average Daily Volume3 Month 96,498
Average Volume 96,498
Average Volume10Days 87,740
Bid 17.8
Bid Size 300
City Wheaton
Country United States
Crypto Tradeable 0
Currency USD
Current Price 17.8
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 17.8799
Day Low 17.75
Dividend Date 1,550,188,800
Dividend Rate 1.65
Dividend Yield 9.26
Earnings Timestamp End 1,752,235,200
Earnings Timestamp Start 1,751,885,940
Ebitda Margins 0.0
Eps Trailing Twelve Months 2.54
Esg Populated 0
Ex Dividend Date 1,788,220,800
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 17.8556
Fifty Day Average Change -0.05560112
Fifty Day Average Change Percent -0.0031139317
Fifty Two Week Change Percent -6.6596746
Fifty Two Week High 19.75
Fifty Two Week High Change -1.9500008
Fifty Two Week High Change Percent -0.098734215
Fifty Two Week Low 17.21
Fifty Two Week Low Change 0.59000015
Fifty Two Week Low Change Percent 0.034282405
Fifty Two Week Range 17.21 - 19.75
First Trade Date Milliseconds 1,369,402,200,000
Five Year Avg Dividend Yield 8.19
Full Exchange Name NYSE
Fullday Change -0.0200005
Fullday Change Percent -0.112236
Fullday Price 17.8
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.0
Has Pre Post Market Data 1
Held Percent Insiders 0.000030000001
Held Percent Institutions 0.46602002
Implied Shares Outstanding 60,847,827
Industry Asset Management
Industry Disp Asset Management
Industry Key asset-management
Is Earnings Date Estimate 1
Language en-US
Last Dividend Date 1,785,715,200
Last Dividend Value 0.138
Long Business Summary First Trust Intermediate Duration Preferred & Income Fund is a closed end fixed income mutual fund launched and managed by First Trust Advisors L.P. The fund is co-managed by Stonebridge Advisors, LLC. It invests in fixed income markets. The fund will also invest in below investment-grade securities like junk or high-yield securities. First Trust Intermediate Duration Preferred & Income Fund was formed on May 23, 2013 and is domiciled in the United States.
Long Name First Trust Intermediate Duration Preferred & Income Fund
Market us_market
Market Cap 1,083,091,328
Market State CLOSED
Max Age 86,400
Message Board Id finmb_227953577
Non Diluted Market Cap 1,084,308,277
Open 17.82
Operating Margins 0.0
Payout Ratio 0.64959997
Phone 630-765-8000
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 17.8
Post Market Time 1,787,961,374
Previous Close 17.82
Price Hint 2
Profit Margins 0.0
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.0200005
Regular Market Change Percent -0.112236
Regular Market Day High 17.8799
Regular Market Day Low 17.75
Regular Market Day Range 17.75 - 17.8799
Regular Market Open 17.82
Regular Market Previous Close 17.82
Regular Market Price 17.8
Regular Market Time 1,787,947,202
Regular Market Volume 70,101
Sand P52 Week Change 0.20204377
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 60,847,827
Shares Percent Shares Out 0.0008
Shares Short 50,585
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 15,869
Short Name First Trust Intermediate Durati
Short Percent Of Float 0.0013
Short Ratio 0.5
Source Interval 15
State IL
Symbol FPF
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 2.54
Trailing P E 7.007874
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 18.305
Two Hundred Day Average Change -0.50500107
Two Hundred Day Average Change Percent -0.027588148
Type Disp Equity
Volume 70,101
Zip 60,187