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Stock impact report

First Trust Intermediate Duration Preferred & Income Fund Declares its Monthly Common Share Distribution of $0.1325 Per Share for February

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 $0.1325 per share payable on February 18, 2020, to shareholders of record as of February 4, 2020. The ex-dividend date is expected to be February 3, 2020. The monthly distribution information for the Fund appears below.First Trust Intermediate Duration Preferred & Income Fund (FPF):Distribution per share:$0.1325Distribution Rate based on the January 17, 2020 NAV of $24.88:6.39%Distribution Rate based on the January 17, 2020 closing market price of $24.16:6.58%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 2020 distributions will be made after the Show less Read more
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