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FPF vs. LBFFX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FPF vs. LBFFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Intermediate Duration Preferred and Income Fund (FPF) and Lord Abbett Convertible Fund Class F (LBFFX). The values are adjusted to include any dividend payments, if applicable.

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FPF vs. LBFFX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FPF
First Trust Intermediate Duration Preferred and Income Fund
-4.04%13.14%20.90%5.31%-25.83%9.12%9.67%28.24%-11.97%15.99%
LBFFX
Lord Abbett Convertible Fund Class F
1.71%22.11%13.82%7.16%-23.30%1.26%64.16%24.19%-5.89%16.68%

Returns By Period

In the year-to-date period, FPF achieves a -4.04% return, which is significantly lower than LBFFX's 1.71% return. Over the past 10 years, FPF has underperformed LBFFX with an annualized return of 5.68%, while LBFFX has yielded a comparatively higher 11.61% annualized return.


FPF

1D
2.38%
1M
-7.17%
YTD
-4.04%
6M
-3.83%
1Y
4.72%
3Y*
13.45%
5Y*
1.98%
10Y*
5.68%

LBFFX

1D
-1.66%
1M
-5.44%
YTD
1.71%
6M
4.82%
1Y
26.07%
3Y*
14.05%
5Y*
2.99%
10Y*
11.61%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FPF vs. LBFFX - Expense Ratio Comparison

FPF has a 0.02% expense ratio, which is lower than LBFFX's 0.93% expense ratio.


Return for Risk

FPF vs. LBFFX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FPF
FPF Risk / Return Rank: 1414
Overall Rank
FPF Sharpe Ratio Rank: 1414
Sharpe Ratio Rank
FPF Sortino Ratio Rank: 1111
Sortino Ratio Rank
FPF Omega Ratio Rank: 1414
Omega Ratio Rank
FPF Calmar Ratio Rank: 1515
Calmar Ratio Rank
FPF Martin Ratio Rank: 1414
Martin Ratio Rank

LBFFX
LBFFX Risk / Return Rank: 9090
Overall Rank
LBFFX Sharpe Ratio Rank: 8989
Sharpe Ratio Rank
LBFFX Sortino Ratio Rank: 8989
Sortino Ratio Rank
LBFFX Omega Ratio Rank: 8282
Omega Ratio Rank
LBFFX Calmar Ratio Rank: 9696
Calmar Ratio Rank
LBFFX Martin Ratio Rank: 9494
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FPF vs. LBFFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Intermediate Duration Preferred and Income Fund (FPF) and Lord Abbett Convertible Fund Class F (LBFFX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


FPFLBFFXDifference

Sharpe ratio

Return per unit of total volatility

0.39

1.80

-1.41

Sortino ratio

Return per unit of downside risk

0.56

2.44

-1.88

Omega ratio

Gain probability vs. loss probability

1.10

1.33

-0.23

Calmar ratio

Return relative to maximum drawdown

0.44

3.45

-3.01

Martin ratio

Return relative to average drawdown

1.35

12.36

-11.01

FPF vs. LBFFX - Sharpe Ratio Comparison

The current FPF Sharpe Ratio is 0.39, which is lower than the LBFFX Sharpe Ratio of 1.80. The chart below compares the historical Sharpe Ratios of FPF and LBFFX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FPFLBFFXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.39

1.80

-1.41

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.14

0.23

-0.10

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.23

0.86

-0.64

Sharpe Ratio (All Time)

Calculated using the full available price history

0.24

0.61

-0.37

Correlation

The correlation between FPF and LBFFX is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Dividends

FPF vs. LBFFX - Dividend Comparison

FPF's dividend yield for the trailing twelve months is around 9.36%, more than LBFFX's 1.47% yield.


TTM20252024202320222021202020192018201720162015
FPF
First Trust Intermediate Duration Preferred and Income Fund
9.36%8.85%9.17%8.31%8.62%6.75%6.55%7.08%8.79%7.63%9.31%9.16%
LBFFX
Lord Abbett Convertible Fund Class F
1.47%1.80%2.22%1.95%2.60%18.44%16.27%8.71%4.91%2.47%3.64%3.38%

Drawdowns

FPF vs. LBFFX - Drawdown Comparison

The maximum FPF drawdown since its inception was -53.78%, which is greater than LBFFX's maximum drawdown of -41.13%. Use the drawdown chart below to compare losses from any high point for FPF and LBFFX.


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Drawdown Indicators


FPFLBFFXDifference

Max Drawdown

Largest peak-to-trough decline

-53.78%

-41.13%

-12.65%

Max Drawdown (1Y)

Largest decline over 1 year

-10.17%

-7.07%

-3.10%

Max Drawdown (5Y)

Largest decline over 5 years

-37.06%

-30.86%

-6.20%

Max Drawdown (10Y)

Largest decline over 10 years

-53.78%

-33.61%

-20.17%

Current Drawdown

Current decline from peak

-7.99%

-7.07%

-0.92%

Average Drawdown

Average peak-to-trough decline

-8.49%

-10.40%

+1.91%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.33%

1.97%

+1.36%

Volatility

FPF vs. LBFFX - Volatility Comparison

The current volatility for First Trust Intermediate Duration Preferred and Income Fund (FPF) is 5.15%, while Lord Abbett Convertible Fund Class F (LBFFX) has a volatility of 5.98%. This indicates that FPF experiences smaller price fluctuations and is considered to be less risky than LBFFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FPFLBFFXDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.15%

5.98%

-0.83%

Volatility (6M)

Calculated over the trailing 6-month period

6.68%

12.02%

-5.34%

Volatility (1Y)

Calculated over the trailing 1-year period

12.01%

14.39%

-2.38%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.55%

12.86%

+1.69%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

25.00%

13.50%

+11.50%