Company: FPF
Filing Date: 2025-03-13
Form Type: DEF 14A
Source: 0001445546-25-002022
Chunk: 27

Company: First Trust Intermediate Duration Preferred & Income Fund
Filing Date: 2025-03-13
Form: DEF 14A
Chunk 27
---
 to Shareholders for the years ended October 31 and December 31, 2024, respectively.

Submitted by the Audit Committee
of the Funds:

Richard E. Erickson

Thomas R. Kadlec

Denise M. Keefe

Robert F. Keith

Niel B. Nielson

Bronwyn Wright

<div align='center'>-21-</div>

Independent Auditors’
Fees

Deloitte & Touche
has been selected to serve as the independent auditors for each Fund for its current fiscal year, and acted as the independent auditors
for each Fund for its most recently completed fiscal year. Deloitte & Touche has advised the Funds that, to the best of its knowledge
and belief, Deloitte & Touche professionals did not have any direct or material indirect ownership interest in the Funds inconsistent
with independent professional standards pertaining to independent registered public accounting firms. Representatives of Deloitte &
Touche are not expected to be present at the Meeting, but will have the opportunity to make a statement if they desire to do so and will
be available should any matter arise requiring their presence. In reliance on Rule 32a-4 under the 1940 Act, each Fund is not seeking
shareholder ratification of the selection of Deloitte & Touche as independent auditors.

Audit Fees, Audit-Related Fees,
Tax Fees and All Other Fees

During each of the
last two fiscal years of the Funds, Deloitte & Touche has billed each Fund and the Advisor for the fees set forth below. With respect
to First Trust Intermediate Duration Preferred & Income Fund, fees billed for services to Stonebridge Advisors LLC (“Stonebridge”),
such Fund’s sub-advisor, are also listed below; an affiliate of the Advisor owns a majority interest in Stonebridge.

|                                   | Audit Fees3 |         | Audit-Related 
          Fees |      |      Tax 
     Fees |          | All Other 
      Fees |      |
| Fees Billed To:                   |        2023 |    2024 |          2023 | 2024 |     2023 |     2024 |      2023 | 2024 |
| First Trust Enhanced              
 Equity Income Fund1               
 Fund                              
 Advisor                           |     $40,000 
         N/A | $40,000 
     N/A |            $0 
            $0 |   $0 
   $0 | $21,0944 
       $