First Trust Inter Dur Pref& Income Fund (FPF)
17.50
+0.30
(+1.74%)
USD |
NYSE |
May 03, 16:00
17.49
-0.01
(-0.06%)
After-Hours: 20:00
Price Chart
Key Stats
Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
---|---|---|---|
4.34% | -6.87% | 1.143B | 138281.5 |
Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
6.92% | 39.00% | -1.068M | Upgrade |
Basic Info
Investment Strategy | |
The Fund seeks a high level of current income through investing in preferred and other income-producing securities. Under normal market conditions, the Fund will invest at least 80% of its Managed Assets in a portfolio of preferred and other income-producing securities issued by U.S. and non-U.S. companies, including traditional preferred securities, hybrid preferred securities that have investment and economic characteristics of both preferred securities and debt securities, floating rate and fixed-to-floating rate preferred securities, debt securities, convertible securities and contingent convertible securities. |
General | |
Security Type | Closed-End Fund |
Equity Style | -- |
Fixed Income Style | -- |
Broad Asset Class | Taxable Bond |
Broad Category | Fixed Income |
Category Name | Preferred Stock |
Category Index | ICE BofA Fxd Rate Pref TR USD |
Global Category Name | US Fixed Income |
YCharts Categorization | US Fixed Income |
YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
Prospectus Objective | Income |
Fund Owner Firm Name | First Trust Advisors L.P. |
Prospectus Benchmark Index | |
ICE BofA Fxd Rate Pref TR USD | 50.00% |
ICE BofA US Captl TR USD | 50.00% |
Broad Asset Class Benchmark Index | |
^BBUSATR | 100.0% |
Manager Tenure | |
Robert Wolf | 10.95 yrs |
Scott Fleming | 10.95 yrs |
Angelo Graci | 2.11 yrs |
Eric Weaver | 2.11 yrs |
Performance Versus Category
As of May 03, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of May 03, 2024.
Basic Info
Investment Strategy | |
The Fund seeks a high level of current income through investing in preferred and other income-producing securities. Under normal market conditions, the Fund will invest at least 80% of its Managed Assets in a portfolio of preferred and other income-producing securities issued by U.S. and non-U.S. companies, including traditional preferred securities, hybrid preferred securities that have investment and economic characteristics of both preferred securities and debt securities, floating rate and fixed-to-floating rate preferred securities, debt securities, convertible securities and contingent convertible securities. |
General | |
Security Type | Closed-End Fund |
Equity Style | -- |
Fixed Income Style | -- |
Broad Asset Class | Taxable Bond |
Broad Category | Fixed Income |
Category Name | Preferred Stock |
Category Index | ICE BofA Fxd Rate Pref TR USD |
Global Category Name | US Fixed Income |
YCharts Categorization | US Fixed Income |
YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
Prospectus Objective | Income |
Fund Owner Firm Name | First Trust Advisors L.P. |
Prospectus Benchmark Index | |
ICE BofA Fxd Rate Pref TR USD | 50.00% |
ICE BofA US Captl TR USD | 50.00% |
Broad Asset Class Benchmark Index | |
^BBUSATR | 100.0% |
Manager Tenure | |
Robert Wolf | 10.95 yrs |
Scott Fleming | 10.95 yrs |
Angelo Graci | 2.11 yrs |
Eric Weaver | 2.11 yrs |