First Trust Intermediate Duration Preferred & Income Fund is a US-based company operating in industry. The company is headquartered in Wheaton, Illinois. The company went IPO on 2013-05-23. First Trust Intermediate Duration Preferred & Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund's primary investment objective is to seek a high level of current income. The Fund has a secondary objective of capital appreciation. The Fund seeks to achieve its objectives by investing, under normal market conditions, at least 80% of its managed assets in preferred securities and other income producing securities issued by United States and non-United States companies, including traditional preferred securities, hybrid preferred securities that have investment and economic characteristics of both preferred securities and debt securities, floating rate and fixed-to-floating rate preferred securities, debt securities, convertible securities and contingent convertible securities. The Fund seeks to maintain, under normal market conditions, a duration of between three and eight years. The Fund's investment advisor is First Trust Advisors L.P.
Follow-Up Questions
What is First Trust Intermediate Duration Preferred & Income Fund (FPF)'s P/E Ratio?
The P/E ratio of First Trust Intermediate Duration Preferred & Income Fund is 4.1517
What is the price performance of FPF stock?
The current price of FPF is $18.81, it has increased 0.1% in the last trading day.
What are the primary business themes or industries for First Trust Intermediate Duration Preferred & Income Fund?
First Trust Intermediate Duration Preferred & Income Fund belongs to N/A industry and the sector is N/A
What is First Trust Intermediate Duration Preferred & Income Fund market cap?
First Trust Intermediate Duration Preferred & Income Fund's current market cap is $1.1B
