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DALLAS CAPITAL BANK, NA Non CallableC 0.67/17/170.60.6100
Bank of China Non Callable MT, OH, TXRating Not Available 0.757/17/170.750.75100
FIRST FOUNDATION BANK Non CallableB- 0.67/21/170.60.6100
THE PEOPLES BANK - Magnolia, AR Non CallableA 0.6510/17/170.6520.65100
TRIUMPH BANK - Memphis, TN Non CallableB 0.710/19/170.7020.7100
AMERICAN NATIONAL BANK - Ardmore, OK Non CallableRating Not Available 0.94/6/180.9040.9100
Ally Bank Non CallableRating Not Available 1.1510/9/181.1531.15100
KS STATEBANK Non CallableB+ 110/29/181.0051100
ALLY BANK Non CallableRating Not Available 1.310/7/191.3041.3100
MERRICK BANK - South Jordan, UT Non Callable OH, TXA- 1.210/11/191.2071.2100
CITIZENS ALLIANCE BANK Non CallableB 1.151/21/201.1561.15100
ONE AMERICAN BANK - CENTERVILLE, SD Non CallableRating Not Available 1.3510/13/211.3581.35100
SECURITY BANK - Stephens, AR Non CallableB+ 1.410/14/211.4091.4100
KS STATEBANK (FRMLY: KANSAS STATE BANK OF MANHATTAN) - Manhattan, KS Non CallableRating Not Available 1.4510/14/211.461.45100
BRIDGEWATER BANK - Bloomington, MN Non CallableRating Not Available 1.3510/18/211.3581.35100
Last Updated: 10/3/2016 at 2:17 PM Eastern

FPF: First Trust Intermediate Duration Preferred & Income Fund

by Monte Traficante | May 10, 2013

The offering will be priced at $25 and will have a targeted annual dividend yield of 7%, paid on a monthly basis. The last day to purchase this offering before it starts trading on the NYSE is Tuesday, May 28th.  After that date it will trade on the NYSE under the symbol FPF and will fluctuate up or down from the initial offering price.

 FPF:  First Trust Intermediate Duration Preferred & Income Fund

·        70-75% of the initial allocation will be in the Institutional $1,000 Preferred securities market- (not readily available to the normal retail investor)

·        The portfolio will have ZERO negative yield to call

·        7% targeted Annual Dividend Yield

·        Monthly Income payments to start 60-90 days after the initial offering date

·        $25 Initial price with No commission charge to you

·        Tuesday, May 28th is the last day to purchase before it starts trading on the NYSE under FPF and will then start fluctuating down or up from the $25 starting price

·        Initial target to use leverage will be around 30% of the portfolio

·        Is not FDIC insured and not guaranteed by any government entity

Click here to read the brochure and Preliminary Prospectus carefully. If you’d like to ask questions about this offering or anything else you may have questions on, contact us via email or call 800-225-6196.