First Trust Intermediate Duration Preferred & Income Fund declares $0.1375 dividend
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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 January 23, 2026, FPF stock price climbed to $19.02 with 102,446 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 0.43 to the broad based SPY ETF.
FPF has a market cap of $1.16 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 return of +11.5%, while SPY returned +14.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in FPF shares. However, FPF has outperformed the market in the last 3 month and 2 week periods, returning +3.0% and +1.9%, while SPY returned +2.9% and -0.7%, respectively. This indicates FPF has been having a stronger performance recently.
FPF support price is $18.81 and resistance is $19.05 (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.