Favorable Press Coverage Somewhat Unlikely to Affect First Trust Intermediate Duration Preferred & Income Fund (FPF) Stock Price

News headlines about First Trust Intermediate Duration Preferred & Income Fund (NYSE:FPF) have been trending positive on Monday, according to Accern Sentiment Analysis. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. First Trust Intermediate Duration Preferred & Income Fund earned a daily sentiment score of 0.33 on Accern’s scale. Accern also assigned news articles about the company an impact score of 47.214432345864 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Shares of First Trust Intermediate Duration Preferred & Income Fund (FPF) opened at $24.98 on Monday. First Trust Intermediate Duration Preferred & Income Fund has a 52-week low of $21.39 and a 52-week high of $24.98.

The business also recently announced a monthly dividend, which will be paid on Friday, December 15th. Shareholders of record on Monday, December 4th will be given a dividend of $0.1525 per share. The ex-dividend date is Friday, December 1st. This represents a $1.83 annualized dividend and a yield of 7.33%.

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About First Trust Intermediate Duration Preferred & Income Fund

First Trust Intermediate Duration Preferred & Income Fund (the Fund) is a non-diversified closed-end management investment company. The primary investment objective of the Fund is to seek a high level of current income. The Fund has a secondary objective of capital appreciation. The Fund has investments in various industry sectors, such as banks; insurance; electric utilities; food products; capital markets; diversified telecommunication services; diversified financial services; wireless telecommunication services; consumer finance; oil, gas and consumable fuels; energy equipment and services; diversified financial services; independent power producers and renewable electricity producers; equity real estate investment trusts; metals and mining; multi-utilities; industrial conglomerates; transportation infrastructure; telecommunication services, and Internet software and services.

Insider Buying and Selling by Quarter for First Trust Intermediate Duration Preferred & Income Fund (NYSE:FPF)

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