What is First Trust Inter Dur Pref&ome Fund Debt-to-Equity?
First Trust Inter Dur Pref&ome FundFPF +0.06%28 Debt-to-Equity is 0.55 as of Apr. 2026, which is 20% above its 10-year median of 0.46. GuruFocus rates FPF with a GF Score™ of 28/100. The stock has 8 warning signs investors should review. Among 963 Asset Management companies, First Trust Inter Dur Pref&ome Fund ranks worse than 75.08% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
FPF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.35 Med: 0.46 Max: 0.55
Current: 0.55
During the past 9 years, the highest Debt-to-Equity Ratio of First Trust Inter Dur Pref&ome Fund was 0.55. The lowest was 0.35. And the median was 0.46.
FPF's Debt-to-Equity is ranked worse than 75.08% of 963
companies
in the Asset Management industry
Industry Median: 0.21
vs FPF: 0.55
First Trust Inter Dur Pref&ome Fund (NYSE:FPF) Debt-to-Equity Explanation
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
First Trust Inter Dur Pref&ome Fund Debt-to-Equity Related Terms
First Trust Inter Dur Pref&ome Fund Debt-to-Equity Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
First Trust Inter Dur Pref&ome Fund Debt-to-Equity Chart
For the Asset Management subindustry, First Trust Inter Dur Pref&ome Fund's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
First Trust Inter Dur Pref&ome Fund Debt-to-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, First Trust Inter Dur Pref&ome Fund's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where First Trust Inter Dur Pref&ome Fund's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
First Trust Inter Dur Pref&ome Fund (FPF) has a Debt-to-Equity of 0.55 as of Apr. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on First Trust Inter Dur Pref&ome Fund and its competitors. This is 20% above median its historical median of 0.46. Over the past decade, First Trust Inter Dur Pref&ome Fund's Debt-to-Equity has ranged from 0.35 to 0.55. According to the industry distribution chart, First Trust Inter Dur Pref&ome Fund ranks #723 out of 963 companies in the Asset Management industry, placing it in the top 75.1%.
Is First Trust Inter Dur Pref&ome Fund's Debt-to-Equity too high?
First Trust Inter Dur Pref&ome Fund's current Debt-to-Equity of 0.55 is 20% above median its 10-year median of 0.46. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 0.55. The Asset Management industry median Debt-to-Equity is 0.21. First Trust Inter Dur Pref&ome Fund's value of 0.55 is 161.9% above this industry median. Based on the distribution chart, First Trust Inter Dur Pref&ome Fund ranks #723 out of 963 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, First Trust Inter Dur Pref&ome Fund has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does First Trust Inter Dur Pref&ome Fund's Debt-to-Equity compare to EVV and AOD?
According to the Asset Management industry distribution chart, First Trust Inter Dur Pref&ome Fund ranks #723 out of 963 companies for Debt-to-Equity. This places First Trust Inter Dur Pref&ome Fund in the lower half of its industry. The industry median Debt-to-Equity is 0.21. First Trust Inter Dur Pref&ome Fund's value of 0.55 is 161.9% above this benchmark. Historically, First Trust Inter Dur Pref&ome Fund's own Debt-to-Equity has ranged from 0.35 to 0.55 over the past decade. While the company's 10-year median is 0.46 vs. the industry median of 0.21, First Trust Inter Dur Pref&ome Fund has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Asset Management company?
The median Debt-to-Equity among Asset Management companies is 0.21, based on 963 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Trust Inter Dur Pref&ome Fund's current Debt-to-Equity of 0.55 is 161.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on First Trust Inter Dur Pref&ome Fund and its competitors. For the Asset Management industry, the median Debt-to-Equity is 0.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Trust Inter Dur Pref&ome Fund's current Debt-to-Equity is 0.55, which is 20% above median its own 10-year median of 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Trust Inter Dur Pref&ome Fund stock overvalued right now?
First Trust Inter Dur Pref&ome Fund (FPF) has a current Debt-to-Equity of 0.55. The current Debt-to-Equity is 0.55, which is 20% above median its 10-year median of 0.46 and 161.9% above the Asset Management industry median of 0.21. First Trust Inter Dur Pref&ome Fund's overall GF Score™ is 28/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For First Trust Inter Dur Pref&ome Fund (FPF), the current Debt-to-Equity is 0.55 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
First Trust Inter Dur Pref&ome Fund Business Description
First Trust Inter Dur Pref& Income Fund is a diversified, closed-end management investment company. Its primary investment objective is to seek a high level of current income. Further, it has a secondary objective of capital appreciation. The Fund invests in the traditional preferred securities, hybrid preferred securities, floating rate & fixed-to-floating rate preferred securities, debt securities, convertible securities, and contingent convertible securities issued by U.S. and non-U.S. companies. Its investment portfolio includes industries such as Banks, Insurance, Capital Markets, Electric Utilities, Oil, Gas & Consumable Fuels, Food Products, and others.
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