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

Company: First Trust Intermediate Duration Preferred & Income Fund
Filing Date: 2025-03-13
Form: DEF 14A
Chunk 25
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,587 |    $8,636 |   $8,607 |   $8,694 |
| First Trust Intermediate Duration Preferred & Income Fund2 |         $0 |      $7,540 |           |   $7,587 |    $7,397 |    $7,569 |   $7,482 |   $7,535 |
| First Trust Mortgage Income Fund2                          |         $0 |      $7,341 |           |   $7,343 |    $7,334 |    $7,342 |   $7,338 |   $7,445 |
| Total Compensation for Serving the First Trust             
 Fund Complex3                                              |         $0 |    $653,176 |           | $666,676 |  $636,112 |  $657,442 | $644,660 | $617,975 |

Attendance at Annual
Meetings of Shareholders

Each Fund’s
Board of Trustees seeks to have as many Trustees as possible in attendance at annual meetings of shareholders. The policy of the Nominating
and Governance Committee relating to attendance by Trustees at annual meetings of shareholders is contained in the Funds’ Nominating
and Governance Committee Charter, which is available on each Fund’s website located at (go
to News & Literature on the applicable Fund’s webpage). In addition, for each Fund, the attendance of the Board of Trustees
at last year’s annual shareholder meeting is available on such Fund’s website located at .
To find the Board of Trustees’ attendance, select your Fund under the “Closed-End Funds” tab, select the “News
& Literature” link, and go to the “Shareholder Updates and Information” heading.

Audit Committee Report

The role of the Audit Committee
is to assist the Board of Trustees in its oversight of the Funds’ accounting and financial reporting process. The Audit Committee
operates pursuant to a charter (the “Charter”) that was most recently reviewed by the Board of Trustees on December
9, 2024, a copy of which is available on each Fund’s website located at (go to News & Literature
on the Fund’s webpage). As set forth in the Charter, management of the Funds has the primary responsibility for establishing and
maintaining systems for accounting, reporting, disclosure and internal controls. The Funds’ independent auditors have the primary
responsibility to plan and implement an audit, with proper consideration given to the accounting, reporting and internal controls.

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