Who is the manager of First Trust intermediate duration preferred fund?
First Trust Intermediate Duration Preferred & Income Fund is a closed end fixed income mutual fund launched and managed by First Trust Advisors L.P. The fund is co-managed by Stonebridge Advisors, LLC. It invests in fixed income markets. The fund will also invest in below investment-grade securities like junk or high-yield securities.
How much does First Trust intermediate yield per share?
You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Please log in to your account or sign up in order to add this asset to your watchlist. First Trust Intermediate Duration Preferred & Income Fund pays an annual dividend of $1.71 per share, with a dividend yield of 6.89%.
What are the investment objectives of First Trust?
Investment Objective/Strategy – First Trust Intermediate Duration Preferred & Income Fund (the “Fund”) is a diversified, closed-end management investment company. The primary investment objective is to seek a high level of current income. The Fund has a secondary objective of capital appreciation.
When is the next FPF monthly dividend date?
FPF’s next monthly dividend payment will be made to shareholders of record on Tuesday, June 15. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
What should you know about first trust preferred securities and income ETF?
The prospectus or summary prospectus should be read carefully before investing. The fund lists and principally trades its shares on the NYSE Arca, Inc . Investors buying or selling fund shares on the secondary market may incur customary brokerage commissions.
How does First Trust Energy Income Fund work?
Fund shares are purchased and sold on an exchange at their market price rather than net asset value (NAV), which may cause the shares to trade at a price greater than NAV (premium) or less than NAV (discount). Most recent distribution paid or declared to today’s date.