# First Trust Intermediate Duration Preferred & Income Fund of Beneficial Interest (FPF) fundamentals

Data as of 2026-11-04. NYSE, United States. Sector: Financial Services / Capital Markets. Price $15.67, market value $953 million.

## Valuation
- **P/E (trailing): 6.4×** (5-yr avg 3.5×, 3-yr avg 3.5×). First Trust Intermediate Duration Preferred & Income Fund of Beneficial Interest trades at 6.4× trailing earnings, well above its own five-year average of 3.5×: investors are paying up relative to the company's past. The Financial Services median in the September 2026 study was 13.1×.
- **Price / sales: 7.8×**. Each dollar of revenue is priced at 7.8×.
- **Price / book: 0.8×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **Free-cash-flow yield: 2.1%** (5-yr avg 12.7%). Free cash flow equals 2.1% of the market value, below its five-year average of 12.7%, so the shares are pricier on cash than usual.
- **Earnings yield: 15.7%**. The inverse of the P/E: 15.7% of the price is earned each year.

## Profitability
- **Net margin: 98.7%**. 98.7% of each dollar of sales reaches the bottom line.
- **Return on equity: 9.8%**. 9.8% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on assets: 6.4%**. Each dollar of assets produces 6.4% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): -56.5%**. Revenue fell 56.5% over the last year.
- **Free-cash-flow growth (3 yr): -53.9%/yr**. Free cash flow has compounded at -53.9% a year over three years.

## Financial health
- **Piotroski F-score: 2/9**. 2 of 9 checks pass: weak or deteriorating financials.
- **Cash and short-term investments: $4 million**. Leverage ratios are shown differently for banks and insurers, whose balance sheets are built on deposits and reserves; use return on equity and the regulatory capital in the filings instead.

## Dividends
- **Dividend yield: 10.53%** ($1.65 per share, trailing). First Trust Intermediate Duration Preferred & Income Fund of Beneficial Interest yields 10.53%, high enough to check carefully: yields this high often precede a cut.
- **Payout ratio: 84%** (495% of free cash flow). 84% of earnings goes out as dividends, leaving a thin cushion.
- **Consecutive years of increases: 2**. 2 straight years of increases.
- **Dividend growth (5 yr): 0.9%/yr** (1-yr 0.0%). The dividend has grown 0.9% a year over five years.

## Price and momentum
- **Total return (1 yr): -12.2%** (YTD -12.2%, 3-mo -11.2%). The shares are down 12.2% over twelve months including dividends.
- **From 52-week high: -19.1%** (3.7% above the low). Trading 19% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 41**. An RSI of 41 is neutral.
- **Beta (1 yr): 0.39** (volatility 10%). Beta of 0.39 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=FPF · Page: https://foliofundamentals.com/stocks/fpf

Not investment advice.