WHEATON, Ill.--(BUSINESS WIRE)--First Trust Intermediate Duration Preferred & Income Fund (the “Fund”) (NYSE: FPF) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.1625 per share payable on October 15, 2015, to shareholders of record as of October 5, 2015. The ex-dividend date is expected to be October 1, 2015. The monthly distribution information for the Fund appears below. First Trust Intermediate Duration Preferred & Income Fund (FPF):


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