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First Trust Intermediate Duration Preferred & Income Fund

CIK: 0001567569 FPF Fixed Income
Report date: 2026-03-25
AUM $1.2B
Expense Ratio
Category Fixed Income
State
Fiscal Year End
Inception Date
Manager
Latest Filing 2026-03-25

About this Fund

First Trust Intermediate Duration Preferred & Income Fund is a leading mutual fund company that specializes in providing a wide range of investment solutions to meet the diverse needs of its clients. As a renowned asset management firm, the company offers a broad spectrum of mutual funds, including equity, debt, and hybrid funds, each designed to cater to the unique investment objectives and risk tolerance of its investors. With a strong focus on wealth management, the company's investment portfolio is carefully crafted to provide a stable source of income and long-term capital appreciation, making it an attractive option for those seeking to grow their wealth over time. The company's intermediate duration preferred and income fund, in particular, is designed to provide investors with a regular stream of income, while minimizing the risk of principal loss, by investing in a diversified portfolio of preferred securities and other income-generating assets. The company's team of experienced investment professionals employs a rigorous research and selection process to identify high-quality investment opportunities that align with the fund's investment objectives, and its robust risk management framework ensures that the portfolio is constantly monitored and adjusted to mitigate potential risks. For investors seeking to invest in a disciplined and systematic manner, the company offers a systematic investment plan, or SIP, which allows them to invest a fixed amount of money at regular intervals, regardless of the market's performance, thereby reducing the impact of market volatility on their investments. With a strong commitment to transparency and investor education, the company provides its clients with comprehensive information and insights on its investment strategies, portfolio holdings, and market trends, enabling them to make informed investment decisions. The company's investor-centric approach, combined with its expertise in asset management and wealth management, has earned it the trust of a large and loyal client base, who appreciate its dedication to delivering consistent and sustainable investment returns over the long term. The company's key strengths lie in its ability to provide investors with access to a broad range of investment products and services, its commitment to investment excellence, and its passion for building long-term relationships with its clients. By leveraging its extensive knowledge and experience in the mutual fund industry, the company is able to offer its investors a unique combination of investment expertise, risk management capabilities, and personalized service, which has become the hallmark of its wealth management services. As a result, investors trust the company to manage their investments, knowing that their assets are in the hands of a seasoned and dedicated team of investment professionals who are deeply committed to helping them achieve their financial goals. With its proven track record of delivering strong investment performance, its robust investment process, and its unwavering commitment to investor satisfaction, First Trust Intermediate Duration Preferred & Income Fund has established itself as a trusted partner for investors seeking to navigate the complexities of the mutual fund market and achieve their long-term investment objectives.

Holdings

From latest SEC N-PORT filing · US-listed stocks only

58 positions
# Security Name CUSIP Asset Type Weight % Value ($M) Quantity
1 ACGL ARCH CAPITAL GROUP LTD Since 2026-05-10 03939A404 Equity (Preferred)
0.19%
$2.32 130,097
2 ENB ENBRIDGE INC Since 2026-05-10 29250NBP9 Debt
0.23%
$2.73 2,500,000
3 WFC WELLS FARGO & COMPANY Since 2026-05-10 94988U151 Equity (Preferred)
0.02%
$0.29 14,933
4 C CITIGROUP INC Since 2026-05-10 17327CBC6 Debt
1.70%
$20.57 20,124,000
5 FG F&G ANNUITIES & LIFE INC Since 2026-05-10 30190A609 Equity (Preferred)
1.52%
$18.37 811,957
6 HSBC HSBC HOLDINGS PLC Since 2026-05-10 404280EJ4 Debt
1.31%
$15.80 15,000,000
7 NI NISOURCE INC Since 2026-05-10 65473PAT2 Debt
0.60%
$7.24 7,000,000
8 XEL XCEL ENERGY INC Since 2026-05-10 98389B878 Equity (Preferred)
1.95%
$23.66 950,185
9 HSBC HSBC HOLDINGS PLC Since 2026-05-10 404280EH8 Debt
0.28%
$3.35 3,240,000
10 WFC WELLS FARGO & COMPANY Since 2026-05-10 95002YAC7 Debt
1.08%
$13.03 12,450,000
11 AGNC AGNC INVESTMENT CORP Since 2026-05-10 00123Q872 Equity (Preferred)
0.26%
$3.12 124,414
12 DBRG DIGITALBRIDGE GROUP INC Since 2026-05-10 25401T306 Equity (Preferred)
0.17%
$2.04 105,723
13 D DOMINION ENERGY INC Since 2026-05-10 25746UEA3 Debt
0.72%
$8.73 8,693,000
14 MET METLIFE INC Since 2026-05-10 59156R850 Equity (Preferred)
0.00%
$0.03 1,306
15 AIZ ASSURANT INC Since 2026-05-10 04621X306 Equity (Preferred)
0.12%
$1.43 69,274
16 GNL GLOBAL NET LEASE INC Since 2026-05-10 379378300 Equity (Preferred)
0.16%
$1.99 84,783
17 SRE SEMPRA Since 2026-05-10 816851BT5 Debt
0.85%
$10.34 10,215,000
18 C CITIGROUP INC Since 2026-05-10 172967PM7 Debt
0.60%
$7.24 6,913,000
19 PSA PUBLIC STORAGE Since 2026-05-10 74460W552 Equity (Preferred)
0.11%
$1.35 70,483
20 FG F&G ANNUITIES & LIFE INC Since 2026-05-10 30190A203 Equity (Preferred)
0.87%
$10.47 408,344
21 C CITIGROUP INC Since 2026-05-10 172967PJ4 Debt
0.33%
$3.97 3,813,000
22 BMO BANK OF MONTREAL Since 2026-05-10 06368L5Q5 Debt
1.42%
$17.19 16,100,000
23 T AT&T INC Since 2026-05-10 00206R508 Equity (Preferred)
0.00%
$0.05 2,592
24 WFC WELLS FARGO & COMPANY Since 2026-05-10 949746804 Equity (Preferred)
2.73%
$33.07 26,803
25 T AT&T INC Since 2026-05-10 00206R706 Equity (Preferred)
0.29%
$3.51 181,769
26 SRE SEMPRA Since 2026-05-10 816851604 Equity (Preferred)
0.14%
$1.75 77,678
27 PRU PRUDENTIAL FINANCIAL INC Since 2026-05-10 744320805 Equity (Preferred)
0.01%
$0.07 2,799
28 DBRG DIGITALBRIDGE GROUP INC Since 2026-05-10 25401T504 Equity (Preferred)
0.07%
$0.86 44,837
29 ENB ENBRIDGE INC Since 2026-05-10 29250NBT1 Debt
1.08%
$13.07 11,415,000
30 C CITIGROUP INC Since 2026-05-10 172967QJ3 Debt
0.79%
$9.62 9,440,000
31 CRBG COREBRIDGE FINANCIAL INC Since 2026-05-10 21871X208 Equity (Preferred)
1.58%
$19.14 800,616
32 JPM JPMORGAN CHASE & CO Since 2026-05-10 48128BAQ4 Debt
1.94%
$23.52 22,250,000
33 DBRG DIGITALBRIDGE GROUP INC Since 2026-05-10 25401T405 Equity (Preferred)
0.28%
$3.40 174,620
34 HSBC HSBC HOLDINGS PLC Since 2026-05-10 404280FA2 Debt
0.82%
$9.91 9,500,000
35 BMO BANK OF MONTREAL Since 2026-05-10 06368LQ58 Debt
1.85%
$22.39 21,040,000
36 D DOMINION ENERGY INC Since 2026-05-10 25746UDT3 Debt
0.15%
$1.76 1,688,000
37 D DOMINION ENERGY INC Since 2026-05-10 25746UDV8 Debt
1.40%
$16.94 16,470,000
38 BMO BANK OF MONTREAL Since 2026-05-10 06368L8V1 Debt
0.11%
$1.29 1,257,000
39 D DOMINION ENERGY INC Since 2026-05-10 25746UDU0 Debt
0.37%
$4.51 4,165,000
40 MET METLIFE INC Since 2026-05-10 59156RCQ9 Debt
0.22%
$2.69 2,559,000
41 HSBC HSBC HOLDINGS PLC Since 2026-05-10 404280DT3 Debt
2.18%
$26.43 25,100,000
42 CRBG COREBRIDGE FINANCIAL INC Since 2026-05-10 21871XAU3 Debt
0.47%
$5.75 5,530,000
43 T AT&T INC Since 2026-05-10 00206R300 Equity (Preferred)
0.29%
$3.45 153,782
44 C CITIGROUP INC Since 2026-05-10 17327CAV5 Debt
0.66%
$7.94 7,700,000
45 F FORD MOTOR COMPANY Since 2026-05-10 345370811 Equity (Preferred)
0.12%
$1.49 65,437
46 C CITIGROUP INC Since 2026-05-10 172967PC9 Debt
0.96%
$11.60 11,200,000
47 SR SPIRE INC Since 2026-05-10 84857LAE1 Debt
0.46%
$5.56 5,505,000
48 AGNC AGNC INVESTMENT CORP Since 2026-05-10 00123Q831 Equity (Preferred)
0.12%
$1.43 55,042
49 AIZ ASSURANT INC Since 2026-05-10 04621XAK4 Debt
1.43%
$17.29 16,785,000
50 APO APOLLO GLOBAL MANAGEMENT Since 2026-05-10 03769M205 Equity (Preferred)
0.00%
$0.01 291
51 VOYA VOYA FINANCIAL INC Since 2026-05-10 929089209 Equity (Preferred)
0.06%
$0.70 28,562
52 CNP CENTERPOINT ENERGY INC Since 2026-05-10 15189TBJ5 Debt
0.04%
$0.48 450,000
53 C CITIGROUP INC Since 2026-05-10 172967242 Equity (Preferred)
0.19%
$2.26 90,000
54 JPM JPMORGAN CHASE & CO Since 2026-05-10 48128B549 Equity (Preferred)
0.17%
$2.06 103,503
55 F FORD MOTOR COMPANY Since 2026-05-10 345370845 Equity (Preferred)
0.15%
$1.87 85,302
56 EQH EQUITABLE HOLDINGS INC Since 2026-05-10 29452E200 Equity (Preferred)
0.72%
$8.67 414,129
57 AGNC AGNC INVESTMENT CORP Since 2026-05-10 00123Q807 Equity (Preferred)
0.02%
$0.20 7,920
58 F FORD MOTOR COMPANY Since 2026-05-10 345370837 Equity (Preferred)
0.26%
$3.16 147,064
Frequently Asked Questions — First Trust Intermediate Duration Preferred & Income Fund
What type of mutual fund is First Trust Intermediate Duration Preferred & Income Fund?
First Trust Intermediate Duration Preferred & Income Fund is a SEC-registered Fixed Income fund, with $1.2B in assets under management. Fixed Income funds invest in bonds, government securities, and other debt instruments, seeking regular income and capital preservation. They are generally considered lower risk than equity funds but are sensitive to changes in interest rates — when rates rise, bond prices typically fall. Fixed income funds are commonly used by income-oriented investors or as a portfolio stabiliser alongside equities. As of its latest SEC N-PORT filing, First Trust Intermediate Duration Preferred & Income Fund holds 58 portfolio positions, all detailed in the holdings table on this page.
What are First Trust Intermediate Duration Preferred & Income Fund's assets under management (AUM)?
First Trust Intermediate Duration Preferred & Income Fund has $1.2B in assets under management (AUM) according to its most recent SEC N-PORT filing on StockSifting. AUM represents the total market value of all securities and other assets held by the fund as of the report date. A larger AUM generally signals a more established fund with greater institutional adoption, more trading liquidity, and potentially lower per-unit operational costs due to economies of scale. AUM changes daily as market prices fluctuate and as investors purchase or redeem fund shares — the figure shown here reflects the most recently available N-PORT disclosure, not the current real-time value. For the live figure, consult the fund's official website or its latest SEC EDGAR filing.
What are First Trust Intermediate Duration Preferred & Income Fund's top holdings?
According to First Trust Intermediate Duration Preferred & Income Fund's most recent SEC N-PORT filing, the fund's largest holdings by portfolio weight include ARCH CAPITAL GROUP LTD, ENBRIDGE INC, WELLS FARGO & COMPANY , among others. The complete list of all 58 holdings — including CUSIP, asset type, portfolio weight percentage, dollar value, and share quantity — is available in the holdings table above. Holdings data is sourced directly from SEC EDGAR N-PORT filings and reflects the fund's positions as of the report date shown at the top of this page. Due to the 60-day SEC disclosure lag, these positions may differ from the fund's current portfolio. For the latest holdings before public release, refer to SEC EDGAR directly.
What is First Trust Intermediate Duration Preferred & Income Fund's expense ratio?
Expense ratio data for First Trust Intermediate Duration Preferred & Income Fund is not currently available in StockSifting's database. The expense ratio is the annual fee charged by a mutual fund as a percentage of your investment, covering management fees and operational costs. It is one of the most important factors affecting net long-term returns — lower expense ratios allow more of a fund's gross performance to flow through to investors. For the most accurate and current expense ratio, refer to the fund's official prospectus or its SEC EDGAR filings. You can also contact us if you believe this data should be present.
Where can I find First Trust Intermediate Duration Preferred & Income Fund's SEC filings?
First Trust Intermediate Duration Preferred & Income Fund is required to file monthly portfolio reports (Form N-PORT) with the U.S. Securities and Exchange Commission (SEC). Its SEC Central Index Key (CIK) is 0001567569. You can access all of First Trust Intermediate Duration Preferred & Income Fund's SEC filings — including N-PORT holdings disclosures, annual reports (Form N-CEN), and registration statements — directly on SEC EDGAR (CIK: 0001567569). N-PORT filings disclose the fund's complete portfolio holdings, fair value measurements, and certain risk metrics as of each filing period end date. StockSifting automatically parses these filings to populate the holdings table, AUM figures, and expense ratio displayed on this page, making the raw EDGAR data accessible without needing to download and parse XML files manually.
How current is First Trust Intermediate Duration Preferred & Income Fund's holdings data on StockSifting?
Holdings data for First Trust Intermediate Duration Preferred & Income Fund on StockSifting is sourced from its most recent SEC EDGAR N-PORT filing. Under SEC rules, registered investment companies must file N-PORT reports monthly, but these are made publicly available approximately 60 days after the reporting period end date. This means the holdings shown on this page reflect the fund's portfolio from roughly two months prior — not today's exact positions. The Report date displayed at the top of this page indicates exactly when the underlying data was current. If the fund has made significant portfolio changes since that date — responding to market events, earnings releases, or macro shifts — those changes will not be reflected here until the next N-PORT filing is released. For the most up-to-date holdings before the public disclosure window, refer to the fund's official website or SEC EDGAR directly. StockSifting is best used for fundamental research and historical portfolio analysis, not real-time trading decisions.