Company: FPF
Filing Date: 2025-03-13
Form Type: DEF 14A
Source: 0001445546-25-002022
Chunk: 2

Company: First Trust Intermediate Duration Preferred & Income Fund
Filing Date: 2025-03-13
Form: DEF 14A
Chunk 2
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 B. Smith                 | John B. Smith, Jr., Executor |

<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

Notice of Joint Annual
Meetings of Shareholders

To be held on April 21, 2025</div>

March 12, 2025

To the Shareholders of the above Funds:

Notice is hereby given
that the Joint Annual Meetings of Shareholders (collectively, the “Meeting”) of the funds listed above (each a
“Fund” and collectively the “Funds”), each a Massachusetts business trust, are 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, shareholders will be asked to consider and vote on Proposal 1 set forth
below with respect to their Fund and to transact such other business as may properly come before the Meeting (including any adjournments
or postponements):

1. With respect to each Fund, to
elect three Trustees (the Class III Trustees).

The Board of Trustees
of each Fund has fixed the close of business on February 19, 2025 as the record date for the determination of shareholders of such Fund
entitled to notice of and to vote at the Meeting and any adjournments or postponements thereof.

By Order of the Boards of Trustees,

W. Scott Jardine

Secretary

| Shareholders Are Requested To Promptly Complete, Sign, Date And Return The Proxy Card In The Enclosed Envelope Which Does Not Require Postage If Mailed In The Continental United States.  Instructions For Signing Proxy Cards Are Set Forth Following The Letter To Shareholders. |

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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

Joint Annual Meetings
of Shareholders

To be held on April 21, 2025

Joint Proxy Statement

March 12, 2025</div>

This Joint Proxy Statement and the enclosed proxy card will first be mailed to shareholders on or