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Stock impact report

First Trust Intermediate Duration Preferred & Income Fund Declares its Monthly Common Share Distribution of $0.1425 Per Share for July

First Trust Intermediate Duration Preferred & Income Fund Common Shares of Beneficial Interest (FPF) 
Company Research Source: Business Wire
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 $0.1425 per share payable on July 15, 2019, to shareholders of record as of July 2, 2019. The ex-dividend date is expected to be July 1, 2019. The monthly distribution information for the Fund appears below.First Trust Intermediate Duration Preferred & Income Fund (FPF): Distribution per share:$0.1425Distribution Rate based on the June 19, 2019 NAV of $23.42:7.30%Distribution Rate based on the June 19, 2019 closing market price of $22.78:7.51%The majority, and possibly all, of this distribution will be paid out of net investment income earned by the Fund. A portion of this distribution may come from net short-term realized capital gains or return of capital. The final determination of the source and tax status of all 2019 distributions will be made after the end of 2019 and Show less Read more
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