Business Context and Reporting Period
This Form 8-K is a current report filed by First Trust Intermediate Duration Preferred & Income Fund on July 17, 2020. The filing serves as a Regulation FD disclosure to announce an upcoming market and fund update.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This report is a procedural announcement regarding a future communication rather than a financial results report.
Material Changes
No material financial changes or operational updates are detailed in this specific filing. The document solely announces the scheduling of a future update by the investment sub-advisor.
Guidance, Outlook, and Management Commentary
- Upcoming Update: Stonebridge Advisors LLC, the investment sub-advisor for the Fund, is scheduled to release an update on the market and the Fund on July 21, 2020.
- Source of Information: Details regarding the update are contained in a press release issued by First Trust Advisors L.P. on July 17, 2020, which is attached as Exhibit 99.1.
Investor Verification Checklist
- Verify the content of the press release (Exhibit 99.1) for specific details on the market update.
- Monitor the release of the market and fund update by Stonebridge Advisors LLC on July 21, 2020.
- Note that this filing contains no financial data; refer to the Fund's most recent 10-K or 10-Q for financial metrics.