FPF: Banking Sector Exposure Could Be A Short-Term Risk [Seeking Alpha]
First Trust Intermediate Duration Preferred & Income Fund Common Shares of Beneficial Interest (FPF)
US:NYSE Investor Relations:
ftportfolios.com/retail/cef/cefsummary.aspx?ticker=fpf
Company Research
Source: Seeking Alpha
FPF's portfolio is heavily weighted toward bank-issued preferreds, exposing investors to sector-specific risks heightened by the ongoing government shutdown. While FPF trades at a reasonable 5.39% discount to NAV and covers distributions over 18 months, recent six-month coverage was insufficient, warranting close monitoring. Given sector risks and recent distribution coverage shortfalls, waiting for government resolution may be prudent before adding FPF to income portfolios. Gary Yeowell/DigitalVision via Getty Images The First Trust Intermediate Duration Preferred & Income Fund FPF ) is a closed-end fund, or CEF, that investors who are seeking to earn a high level of current income may wish to consider as More on my IG service At Energy Profits in Dividends, we seek to generate a 7%+ income yield by investing in a portfolio of energy stocks while minimizing our risk of principal loss. By subscribing, you will get access to our best ideas earlier than they are released to
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High impacting First Trust Intermediate Duration Preferred & Income Fund Common Shares of Beneficial Interest news events
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FPF
News
- FPF: Preferred Exposure Benefiting From A Friendlier Rate Environment [Seeking Alpha]Seeking Alpha
- First Trust Intermediate Duration Preferred & Income Fund Declares its Monthly Common Share Distribution of $0.1375 Per Share for DecemberBusiness Wire
- First Trust Intermediate Duration Preferred & Income Fund Declares its Monthly Common Share Distribution of $0.1375 Per Share for NovemberBusiness Wire
- First Trust Intermediate Duration Preferred & Income Fund declares $0.1375 dividend [Seeking Alpha]Seeking Alpha
- First Trust Intermediate Duration Preferred & Income Fund Declares its Monthly Common Share Distribution of $0.1375 Per Share for OctoberBusiness Wire
FPF
Sec Filings
- 11/7/25 - Form SCHEDULE
- 9/26/25 - Form NPORT-P
- FPF's page on the SEC website