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

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

WHEATON, Ill.--(BUSINESS WIRE)-- First Trust Intermediate Duration Preferred & Income Fund $(FPF)$ announced its monthly common share distribution of $0.1375 per share, payable on July 15, 2025, to shareholders of record as of July 1, 2025. The distribution rate is 9.04% based on the June 17, 2025, closing market price of $18.26. The Fund aims to provide high current income and potential capital appreciation by investing in preferred and other 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: 20250618110415) on June 18, 2025, and is solely responsible for the information contained therein.

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