First Trust Intermediate Duration Preferred & Income Fund Releases Monthly Distribution Report

Reuters

2025/05/21

First Trust Intermediate Duration Preferred & Income Fund Releases Monthly Distribution Report

WHEATON, Ill.--(BUSINESS WIRE)-- First Trust Intermediate Duration Preferred & Income Fund $(FPF)$ has announced its monthly common share distribution of $0.1375 per share, payable on June 16, 2025, for shareholders of record as of June 2, 2025. The distribution rate is based on the May 19, 2025, NAV of $18.82 and closing market price of $18.16, resulting in rates of 8.77% and 9.09% respectively. The fund aims to provide high current income and capital appreciation by investing in preferred and income-producing securities.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Trust Intermediate Duration Preferred & Income Fund published the original content used to generate this news brief via Business Wire (Ref. ID: 20250520808042) on May 20, 2025, and is solely responsible for the information contained therein.

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ID: 20250520808042) on May 20, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FPF","symbol_name":"First Trust Intermediate Duratio","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250520:nNDL1JZvfq:1","article_id":"2537162355","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2537162355","pubTimestamp":1747771816,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"WHEATON, Ill.---- First Trust Intermediate Duration Preferred & Income Fund  has announced its monthly common share distribution of $0.1375 per share, payable on June 16, 2025, for shareholders of record as of June 2, 2025. 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