Company: FPF
Filing Date: 2025-03-13
Form Type: DEF 14A
Source: 0001445546-25-002022
Chunk: 11

Company: First Trust Intermediate Duration Preferred & Income Fund
Filing Date: 2025-03-13
Form: DEF 14A
Chunk 11
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),
First Trust Exchange-Traded Fund II, First Trust Exchange-Traded Fund III, First Trust Exchange-Traded Fund IV, First Trust
Exchange-Traded Fund V, First Trust Exchange-Traded Fund VI, First Trust Exchange-Traded Fund VII, First Trust Exchange-Traded
Fund VIII, First Trust Exchange-Traded AlphaDEX Fund and First Trust Exchange-Traded AlphaDEX Fund
II, exchange-traded funds with, in the aggregate, 286 portfolios (each such portfolio, an “ETF” and each such
exchange-traded fund, an “ETF Trust”) advised by First Trust Advisors (each a “First Trust Fund”
and collectively, the “First Trust Fund Complex”). Ms. Wright also serves as director of First Trust Global Funds,
a public limited company established in Ireland and an open-end umbrella fund representing 39 exchange-traded funds and one mutual fund,
and advised by First Trust Advisors (collectively, the “First Trust UCITS”). In addition, Ms. Wright had previously
served on the board of directors of First Trust Global Portfolios Management Limited, the manager to the First Trust UCITS and an affiliate
of First Trust Advisors, but resigned such position effective March 6, 2023. Except as noted above, during the past five years, none of
the Independent Trustees, nor any of their immediate family members, has been a director, trustee, officer, general partner or employee
of, or consultant to, First Trust Advisors, First Trust Portfolios L.P. (an affiliate of First Trust Advisors), any sub-advisor to any
fund in the First Trust Fund Complex, or any of their affiliates. Due to certain restrictions resulting from the 1940 Act, Ms. Wright
does not currently serve as a Trustee of FTETF, with, in the aggregate, 26 portfolios. However, she serves as an advisory board member
of FTETF.

The unitary board
structure was adopted for the First Trust Funds because of the efficiencies it achieves with respect to the governance and oversight of
the First Trust Funds. Each First Trust Fund is subject to the rules and regulations of the 1940 Act (and other applicable securities
laws), which means that many of the First Trust Funds face similar issues with respect to certain of their fundamental activities, including
risk management, portfolio liquidity, portfolio valuation and financial reporting. In addition, many of the First Trust Funds, in addition
to sharing the same advisor, share many other service providers in their administration, resulting in an overlap of