Company: FPF
Filing Date: 2025-03-13
Form Type: DEF 14A
Source: 0001445546-25-002022
Chunk: 4

Company: First Trust Intermediate Duration Preferred & Income Fund
Filing Date: 2025-03-13
Form: DEF 14A
Chunk 4
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 21, 2025.This Joint Proxy Statement is available on the Internet at https://www.ftportfolios.com/LoadContent/gw4drpb3goay. Each Fund’s most recent annual and semi-annual reports are also available on the Internet at https://www.ftportfolios.com. To find a report, select your Fund under the “Closed-End Funds” tab, select the “News & Literature” link, and go to the “Quarterly/Semi-Annual or Annual Reports” heading. In addition, the Funds will furnish, without charge, copies of their most recent annual and semi-annual reports to any shareholder upon request. To request a copy, please write to First Trust Advisors L.P. ( “First Trust Advisors”or the “Advisor”), at 120 East Liberty Drive, Suite 400, Wheaton, Illinois 60187, or call toll-free (800) 988-5891.

You may call toll-free (800) 988-5891 for information on how to obtain directions to be able to attend the Meeting and vote in person.

In order that your
Shares may be represented at the Meeting, you are requested to:

| • | indicate your instructions on the proxy card; |

| • | date                     
 and sign the proxy card; |

| • | mail                                                                                        
 the proxy card promptly in the enclosed envelope which requires no postage if mailed in the 
 continental United States; and                                                              |

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Voting</div>

As described further
in the proposal, for each Fund, the affirmative vote of the holders of a plurality of the Shares present and entitled to vote at the Meeting
will be required to elect the specified nominees as the Class III Trustees of that Fund provided a quorum is present. Abstentions,
withheld votes (as described below) and broker non-votes (i.e., Shares held by brokers or nominees as to which (i) instructions
have not been received from the beneficial owners or the persons entitled to vote and (ii) the broker or nominee does not have discretionary
voting power on a particular matter), if any, will have no effect on the approval of the proposal.

With respect to each
Fund, shareholders of record on the Record Date are entitled to one vote for each full Share the shareholder owns and a proportionate
fractional vote for any fraction of a Share the shareholder owns. Using the enclosed proxy card, with respect to each specified nominee,
a shareholder may authorize the named proxies to