FPF Stock Summary and Trading Ideas (First Trust Intermediate Duration Preferred & Income Common Shares Of Beneficial Interest | NYSE:FPF)

The Fund's primary investment objective is to seek a high level of current income. As a secondary objective, the Fund seeks capital appreciation. The Fund pursues its objectives by investing in preferred and other income-producing securities. The Fund seeks to maintain, under normal market conditions, a duration (excluding the effects of leverage) of between three and eight years.

First Trust Intermediate Duration Preferred & Income Common Shares Of Beneficial Interest trades on the NYSE stock market under the symbol FPF.

As of March 6, 2026, FPF stock price declined to $18.46 with 83,555 million shares trading.

FPF has a beta of 0.43, meaning it tends to be less sensitive to market movements. FPF has a correlation of 0.41 to the broad based SPY ETF.

FPF has a market cap of $1.12 billion. This is considered a Small Cap stock.

In the last 3 years, FPF traded as high as $19.75 and as low as $13.91.

FPF has underperformed the market in the last year with a price return of +9.1% while the SPY ETF gained +18.7%. However, in the short term, FPF had mixed performance relative to the market. It has outperformed in the last 3 months, returning +1.8% vs -1.7% return in SPY. But in the last 2 weeks, FPF shares have been beat by the market, returning -3.5% compared to an SPY return of -2.5%.

FPF support price is $18.54 and resistance is $18.76 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FPF shares will trade within this expected range on the day.