Company: FPF
Filing Date: 2025-03-13
Form Type: DEF 14A
Source: 0001445546-25-002022
Chunk: 0

Company: First Trust Intermediate Duration Preferred & Income Fund
Filing Date: 2025-03-13
Form: DEF 14A
Chunk 0
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<div align='center'>As filed with the Securities and Exchange
Commission on March 13, 2025

UNITED STATESSECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 14A

(Rule 14a-101)

Proxy Statement Pursuant to Section 14(a) of
the Securities Exchange Act of 1934 (Amendment No. )</div>

Filed
by the Registrant ☒

Filed by a Party other than the Registrant ☐

Check the appropriate box:

| ☐ | Preliminary Proxy Statement |

| ☐ | Confidential,                                                     
 for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) |

| ☒ | Definitive Proxy Statement |

| ☐ | Definitive Additional Materials |

| ☐ | Soliciting Material under §240.14a-12 |

<div align='center'>First Trust Enhanced Equity Income Fund
First Trust Mortgage Income Fund
First Trust Intermediate Duration Preferred & Income Fund

(Name of Registrant as Specified In Its Charter)

(Name of Person(s) Filing Proxy Statement, if other
than the Registrant)</div>

Payment of Filing Fee (Check all boxes that apply):

| ☒ | No fee required. |

| ☐ | Fee paid previously with preliminary materials. |

| ☐ | Fee computed on table in exhibit required by Item 25(b) per Exchange Act 
 Rules 14a-6(i)(1) and 0-11.                                              |

<div align='center'>First Trust Enhanced Equity
Income Fund
First Trust Intermediate Duration Preferred & Income Fund

First Trust Mortgage Income Fund

120 East Liberty Drive, Suite 400
Wheaton, Illinois 60187

March 12, 2025</div>

Dear Shareholder:

The accompanying materials
relate to the Joint Annual Meetings of Shareholders (collectively, the “Meeting”) of each fund listed above (each
a “Fund” and collectively the “Funds”). The Meeting is scheduled to be held on Monday, April 21,
2025, at 11:30 a.m. Central Time, at the Wheaton, Illinois offices of First Trust Advisors L.P., 120 East Liberty Drive, Suite 400, Wheaton,
Illinois 60187.

At the Meeting, you
will be asked to vote on a proposal to elect three of the Trustees of your Fund (the “Proposal”) and to transact such