First Trust Intermediate Duration Preferred and Income Fund (FPF) Alternatives

First Trust Intermediate Duration Preferred and Income Fund (FPF) belongs to the Preferred Stock/Convertible Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FPF. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.

Cheapest Alternatives to FPF

FPF charges 0.02% annually. Among mutual funds in the Preferred Stock/Convertible Bonds category, these options have the lowest expense ratios among FPF alternatives.

Symbol	Name	Expense Ratio	Inception
HPS	John Hancock Preferred Income Fund III	0.01%	Jun 19, 2003	FPF vs HPS
HPF	John Hancock Preferred Income Fund II	0.01%	Jan 1, 2005	FPF vs HPF
HPI	John Hancock Preferred Income Fund	0.01%	Aug 27, 2002	FPF vs HPI
JPC	Nuveen Preferred and Income Opportunities Fund	0.01%	Mar 26, 2003	FPF vs JPC
LDP	Cohen and Steers Limited Duration Preferred and In...	0.01%	May 1, 2012	FPF vs LDP

Best Risk-Adjusted Alternatives to FPF

Among mutual funds in the Preferred Stock/Convertible Bonds category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.

Symbol	Name	Risk / Return Rank	Inception
LBFFX	Lord Abbett Convertible Fund Class F	90	—	FPF vs LBFFX
LPXZX	Cohen & Steers Low Duration Preferred and Income F...	90	Nov 29, 2015	FPF vs LPXZX
NPSRX	Nuveen Preferred Securities & Income Fund	90	Dec 18, 2006	FPF vs NPSRX
PISHX	Cohen & Steers Preferred Securities and Income SMA...	89	Feb 28, 2019	FPF vs PISHX
PCSFX	Principal Capital Securities Fund	88	Mar 13, 2014	FPF vs PCSFX

Top Performing FPF Alternatives (YTD)

FPF alternatives from the Preferred Stock/Convertible Bonds category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
LBFFX	Lord Abbett Convertible Fund Class F	1.71%	—	FPF vs LBFFX
FIQVX	Fidelity Advisor Convertible Securities Fund Class...	1.40%	Oct 2, 2018	FPF vs FIQVX
FICVX	Fidelity Advisor Convertible Securities Fund Class...	1.37%	Feb 19, 2009	FPF vs FICVX
FCVSX	Fidelity Convertible Securities Fund	1.37%	Jan 5, 1987	FPF vs FCVSX
FACVX	Fidelity Advisor Convertible Securities Fund Class...	1.33%	Feb 19, 2009	FPF vs FACVX

Lowest Volatility Alternatives to FPF

FPF alternatives from the Preferred Stock/Convertible Bonds category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
LPXZX	Cohen & Steers Low Duration Preferred and Income F...	2.23%	Nov 29, 2015	FPF vs LPXZX
PCSFX	Principal Capital Securities Fund	2.66%	Mar 13, 2014	FPF vs PCSFX
DPIIX	Destra Flaherty & Crumrine Preferred and Income Fu...	2.80%	Apr 11, 2011	FPF vs DPIIX
PPSIX	Principal Spectrum Preferred and Capital Securitie...	2.86%	Apr 30, 2002	FPF vs PPSIX
CPXIX	Cohen & Steers Preferred Securities and Income Fun...	3.16%	May 2, 2010	FPF vs CPXIX

Lowest Drawdown Alternatives to FPF

FPF alternatives from the Preferred Stock/Convertible Bonds category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
LPXZX	Cohen & Steers Low Duration Preferred and Income F...	-2.14%	Nov 29, 2015	FPF vs LPXZX
PCSFX	Principal Capital Securities Fund	-2.97%	Mar 13, 2014	FPF vs PCSFX
DPIIX	Destra Flaherty & Crumrine Preferred and Income Fu...	-3.05%	Apr 11, 2011	FPF vs DPIIX
PPSIX	Principal Spectrum Preferred and Capital Securitie...	-3.18%	Apr 30, 2002	FPF vs PPSIX
CPXIX	Cohen & Steers Preferred Securities and Income Fun...	-3.26%	May 2, 2010	FPF vs CPXIX

Other Mutual Funds from First Trust

Most popular First Trust mutual funds on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
VARBX	Vivaldi Merger Arbitrage Fund Class I	Event Driven	99	0.76%	Oct 1, 2015	FPF vs VARBX
FPEIX	First Trust Preferred Securities and Income Fund	Preferred Stock/Convertible Bonds	80	-2.48%	Jan 10, 2011	FPF vs FPEIX
FOVIX	First Trust/Confluence Small Cap Value Fund	Small Cap Blend Equities	—	—	Jan 11, 2011	FPF vs FOVIX
FFA	First Trust Enhanced Equity Income Fund	Derivative Income	36	-5.60%	Aug 26, 2004	FPF vs FFA
FCT	First Trust Senior Floating Rate Income Fund II	Bank Loan	24	-1.43%	Jan 1, 2013	FPF vs FCT
FTHY	First Trust High Yield Opportunities 2027 Term Fun...	High Yield Bonds	15	-1.22%	Jun 25, 2020	FPF vs FTHY
FDHIX	First Trust Short Duration High Income Fund	Bank Loan	65	-2.99%	Oct 31, 2012	FPF vs FDHIX
FMY	First Trust Mortgage Income Fund	Mortgage Backed Securities	14	-2.09%	May 25, 2005	FPF vs FMY

Often Compared With FPF

What investors most often compare with FPF, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
LGI	Lazard Global Total Return and Income Fund	Global Allocation	34	-5.39%	Apr 28, 2004	FPF vs LGI
JPDIX	JPMorgan Preferred and Income Securities Fund	Preferred Stock/Convertible Bonds	84	-1.64%	Mar 30, 2022	FPF vs JPDIX

Compare FPF with Any Fund or Stock

Compare FPF with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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First Trust Intermediate Duration Preferred and Income Fund

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