Welcome to our dedicated page for First Trust Inter Dur Pref & Income Fund SEC filings (Ticker: FPF), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
first trust portfolios l.p. and first trust advisors l.p.("first trust") were founded in 1991 with a mission to offer investors a better way to invest. we are single-minded about providing trusted investment products and advisory services. we're inspired every day by how financial advisors and their customers use our products and services to define goals, solve problems and develop long-term strategies. everyone in our company is encouraged to work diligently and respectfully to deliver superior products, services and results that will contribute to the prosperity of our clients. our approach is simple, and our company was built with these core principles in mind: - know what you own - invest for the long-term - employ discipline - re-balance - control taxes we are committed to providing original ideas, inventive products and the highest level of service. disclaimer: this content is for information purposes only and should not be considered an offer to purchase or sell any security. tScott T. Fleming, identified as an Officer-Investment Sub-Advisor, filed an initial Form 3 for First Trust Intermediate Duration Preferred & Income Fund (FPF) as of 05/22/2013. He reported beneficial ownership of 47,712 common shares held directly and an additional 35,000 common shares held indirectly by his spouse. This filing establishes his baseline insider ownership in the fund's common shares.
The fund associated with ticker FPF filed a Form N‑CEN, an annual census report for registered investment companies. The filing is largely a structured questionnaire covering background details, service providers, governance, and trading activity, rather than a traditional performance report.
Within the trading data, the fund reports paying gross and aggregate brokerage commissions of 31,220.11000000 for the reporting period. It also discloses principal transactions with multiple dealers, with individual total purchase and sale values such as 77,075,138.21000000, 224,747,306.16000000, and 257,563,490.25000000, indicating significant trading volume across several counterparties.
First Trust Intermediate Duration Preferred & Income Fund (FPF) delivered an 11.02% total return on net asset value for the year ended October 31, 2025, with market-price return at 10.88%. This meaningfully exceeded its blended preferred and hybrid benchmark at 6.67% and the ICE BofA US Investment Grade Institutional Capital Securities Index at 8.28%.
Net assets were $1.22 billion, with a NAV of $20.02 per share and market price of $19.06, reflecting a 4.80% discount. The fund uses substantial leverage, including a $553.5 million loan and a $100 million reverse repurchase agreement, to enhance income from a portfolio focused on preferred and hybrid securities, heavily concentrated in banks and insurance issuers.
The fund maintained a stable monthly distribution of $0.1375 per share, equal to an 8.24% yield on NAV and 8.66% on market price. For the year, 76.00% of distributions were classified as ordinary income and 24.00% as return of capital. The portfolio is globally diversified, with 54.8% of investments in U.S. issuers and significant exposure to contingent convertible capital securities and privately placed issues.
Stonebridge Advisors, LLC, an investment sub-advisor and 10% owner of First Trust Intermediate Duration Preferred & Income Fund (FPF), filed an annual statement of changes in beneficial ownership for the fiscal year ended 12/31/2025. The filing shows beneficial ownership of 47,712 common shares held directly and an additional 35,000 common shares held indirectly through the reporting person's spouse. The report confirms Stonebridge’s role as a significant holder of the fund’s common shares and updates its status as a Section 16 reporting officer as of year-end.
First Trust Intermediate Duration Preferred & Income Fund (FPF)09/04/2025. The filing shows the reporting person serves as a Director of the fund and currently reports 0 common shares beneficially owned and no derivative securities. The form is filed as an individual reporting person statement.
Morgan Stanley filed Amendment No. 14 to Schedule 13G reporting beneficial ownership in First Trust Intermediate Duration Preferred & Income Fund (FPF).
Morgan Stanley reports 7,887,037 shares, representing 13.0% of the common stock, with shared voting power over 16,208 shares and shared dispositive power over 7,887,037 shares. Morgan Stanley Smith Barney LLC reports 7,870,830 shares, or 12.9%, with shared voting power over 1 share and shared dispositive power over 7,870,830 shares. The “Date of Event Which Requires Filing” is 09/30/2025.
The certification states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control.
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