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 31, 2026, FPF stock price climbed to $17.51 with 35,470 million shares trading.

FPF has a beta of 0.47, meaning it tends to be less sensitive to market movements. FPF has a correlation of 0.44 to the broad based SPY ETF.

FPF has a market cap of $1.07 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 +4.0% while the SPY ETF gained +16.7%. However, in the short term, FPF had mixed performance relative to the market. It has outperformed in the last 3 months, returning -3.8% vs -6.4% return in SPY. But in the last 2 weeks, FPF shares have been beat by the market, returning -4.4% compared to an SPY return of -3.9%.

FPF support price is $17.04 and resistance is $17.40 (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.