First Trust Intermediate Duration Preferred & Income Fund
FAIR PRICE VALUATION
Updated daily
Model: DCF 50% · Relative 30% · Consensus 20%
MARKET PRICE
$17.92
FAIR PRICE
$24.04
MARGIN
$6.12
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FPI RATING
Strong profitability and high-quality fundamentals, but volatile earnings pattern and limited growth momentum.
Analytical data, not an investment recommendation. Updated daily.
How we calculate this ↗MARGIN OF SAFETY
A 20% margin of safety below fair value — the conservative entry level for risk-aware investors.
SAFETY MARGIN
20%
Below fair value
ENTRY LEVEL
$19.23
Fair price × 0.80
DISTANCE
7.3%
Price to entry level
At the current price of $17.92, FPF trades 7.3% below the conservative entry level of $19.23. The stock is currently priced below the 20% margin of safety threshold, indicating a potential value opportunity based on the model.
Margin of safety is a risk management concept, not an investment recommendation. The 20% threshold follows Benjamin Graham's value investing framework. Fair price and entry levels are model-based estimates updated daily. Learn more about Margin of Safety ↗
VALUATION HISTORY
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P/E RATIO HISTORY
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METHODOLOGY
How we calculate FPF's fair price
First Trust Intermediate Duration Preferred & Income Fund's fair price of $24.04 is derived from a blended model that combines DCF analysis (50%), relative valuation against Financial Services peers using metrics like P/E and EV/EBITDA (30%), and analyst consensus (20%). At the current market price of $17.92, FPF trades 34.2% below its calculated fair value.
DCF MODEL · 50%
Discounted free cash flow analysis based on projected cash flows, discounted at a rate reflecting FPF's risk profile.
RELATIVE · 30%
Comparing FPF's valuation multiples against Financial Services peers to determine if the stock is over or undervalued relative to its industry.
ANALYST · 20%
Aggregated analyst price targets for FPF, weighted by recency and analyst accuracy.
TRY IT YOURSELF
Want to test your own assumptions? Use our free calculators to estimate FPF's fair value with your own inputs.
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Explore on BuliosFAQ
What is the fair price of FPF?+
Based on our blended model combining DCF analysis (50%), relative valuation against Financial Services peers (30%), and analyst consensus (20%), the fair price for First Trust Intermediate Duration Preferred & Income Fund is $24.04. At the current market price of $17.92, FPF trades 34.2% below its calculated fair value.
Is FPF overvalued or undervalued?+
First Trust Intermediate Duration Preferred & Income Fund is currently undervalued based on our valuation model. The stock trades at $17.92, which is 34.2% below the fair price of $24.04. The P/E ratio of 2.7x is a key metric in the valuation.
What is the margin of safety for FPF?+
With a 20% margin of safety applied to the fair price of $24.04, the conservative entry level for FPF is $19.23. At the current market price of $17.92, the stock trades 7.3% below this entry level. Margin of safety is a risk management concept from Benjamin Graham's value investing framework, not an investment recommendation.
How often is FPF's fair price updated?+
We update fair price calculations for FPF daily after market close. The current fair price of $24.04 incorporates the latest market data and sector multiples.
What factors affect FPF's fair price calculation?+
FPF's fair price of $24.04 is derived from DCF analysis (50% weight), relative valuation against Financial Services peers (30% weight), and analyst consensus (20% weight). Key metrics include P/E of 2.7x, ROE of 33.9%, and dividend yield of 10.05%.
Is FPF a good buy right now?+
At $17.92, FPF trades 34.2% below our fair value estimate of $24.04. The stock is currently undervalued. ROE stands at 33.9% (exceptional). Fair Price Index provides valuation data — always do your own research before investing.
Does FPF pay dividends?+
FPF has a dividend yield of 10.05%.
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Fair Price Index is for informational purposes only and does not constitute investment advice. Fair value calculations are model-based estimates and may not reflect actual market conditions. Always conduct your own research before making investment decisions.

