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Posted by
Two Blokes Jun 6 -
Filed in
Stock
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First Trust Intermediate Duration Preferred & Income Fund offers a high 9.1% yield, outperforming most fixed-income peers, making it attractive for income-focused investors seeking strong current income. The FPF fund faces risks from U.S. dollar depreciation, which erodes the real value of distributions and weakens the case for long-term fixed-income holdings. FPF's partial exposure to foreign issuers could help offset dollar weakness, but the exact benefit is unclear due to limited disclosure on currency denomination.
