FPF: A Reasonable Way To Profit From Falling Interest Rates (NYSE:FPF)


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OlenaMykhaylova

The First Trust Intermediate Duration Preferred & Income Fund (NYSE:FPF) is a closed-end fund that income-focused investors can employ to pursue their goals. As the name suggests, the fund seeks to reduce duration risk compared to some other closed-end

Security Type

Weighting

$25 Par Preferred Securities

21.4%

$100 Par Preferred Securities

0.7%

$1,000 Par Preferred Securities

4.7%

$1,000,000 Par Preferred Securities

1.2%

Capital Preferred Securities

118.1%

Foreign Corporate Bonds and Notes

2.6%

Corporate Bonds and Notes

0.4%



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