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First Trust Inter Dur Pref&ome Fund (First Trust Inter Dur Pref&ome Fund) Market Cap : $1,041.72 Mil (As of May. 01, 2024)


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What is First Trust Inter Dur Pref&ome Fund Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). First Trust Inter Dur Pref&ome Fund's share price for the quarter that ended in Oct. 2023 was $14.23. First Trust Inter Dur Pref&ome Fund's Shares Outstanding (EOP) for the quarter that ended in Oct. 2023 was 60.85 Mil. Therefore, First Trust Inter Dur Pref&ome Fund's market cap for the quarter that ended in Oct. 2023 was $865.86 Mil.

First Trust Inter Dur Pref&ome Fund's quarterly market cap declined from Oct. 2022 ($997.30 Mil) to Apr. 2023 ($954.09 Mil) and declined from Apr. 2023 ($954.09 Mil) to Oct. 2023 ($865.86 Mil).

First Trust Inter Dur Pref&ome Fund's annual market cap declined from Oct. 2021 ($1,549.71 Mil) to Oct. 2022 ($997.30 Mil) and declined from Oct. 2022 ($997.30 Mil) to Oct. 2023 ($865.86 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. First Trust Inter Dur Pref&ome Fund's Enterprise Value for Today is $1,589.09 Mil.


First Trust Inter Dur Pref&ome Fund Market Cap Historical Data

The historical data trend for First Trust Inter Dur Pref&ome Fund's Market Cap can be seen below:

* 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.

* Premium members only.

First Trust Inter Dur Pref&ome Fund Market Cap Chart

First Trust Inter Dur Pref&ome Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Market Cap
Get a 7-Day Free Trial 1,462.64 1,310.11 1,549.71 997.30 865.86

First Trust Inter Dur Pref&ome Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,549.71 1,223.65 997.30 954.09 865.86

Competitive Comparison of First Trust Inter Dur Pref&ome Fund's Market Cap

For the Asset Management subindustry, First Trust Inter Dur Pref&ome Fund's Market Cap, along with its competitors' market caps and Market Cap 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's Market Cap Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, First Trust Inter Dur Pref&ome Fund's Market Cap distribution charts can be found below:

* The bar in red indicates where First Trust Inter Dur Pref&ome Fund's Market Cap falls into.



First Trust Inter Dur Pref&ome Fund Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

First Trust Inter Dur Pref&ome Fund's Market Cap for the fiscal year that ended in Oct. 2023 is calculated as

Market Cap (A: Oct. 2023 )=Share Price (A: Oct. 2023 )*Shares Outstanding (EOP) (A: Oct. 2023 )
=$14.23*60.8478
=$865.86

First Trust Inter Dur Pref&ome Fund's Market Cap for the quarter that ended in Oct. 2023 is calculated as

Market Cap (Q: Oct. 2023 )=Share Price (Q: Oct. 2023 )*Shares Outstanding (EOP) (Q: Oct. 2023 )
=$14.23*60.8478
=$865.86

* 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  (NYSE:FPF) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


First Trust Inter Dur Pref&ome Fund Market Cap Related Terms

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First Trust Inter Dur Pref&ome Fund (First Trust Inter Dur Pref&ome Fund) Business Description

Traded in Other Exchanges
N/A
Address
120 East Liberty Drive, Suite 400, Wheaton, IL, USA, 60187
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.
Executives
Scott T Fleming other: Officer-Investment Sub-Adviser STONEBRIDGE ADVISORS, LLC, 187 DANBURY ROAD, WILTON CT 06897
Eric David Weaver other: Portfolio Mgr. Sub-Advisor C/O STONEBRIDGE ADVISORS LLC, 10 WESTPORT ROAD, SUITE C101, WILTON CT 06897
Angelo D Graci other: Officer-Investment Sub-Advisor C/O STONEBRIDGE ADVISORS LLC, 10 WESTPORT ROAD, SUITE C-101, WILTON CT 06897
Bronwyn Wright director FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Christopher John Brancazio other: Officer-Investment Sub-Advisor C/O STONEBRIDGE ADVISORS LLC, 10 WESTPORT ROAD, SUITE C-101, WILTON CT 06897
Abigail K Mooney other: Officer-Investment Sub-Advisor C/O STONEBRIDGE ADVISORS LLC, 10 WESTPORT ROAD, SUITE C-101, WILTON CT 06897
Kevin J Patton other: Officer - Investment Advisor C/O STONEBRIDGE ADVISORS LLC, 10 WESTPORT ROAD, SUITE C-101, WILTON CT 06897
Robert A Wolf other: Officer-Investment Sub-Adviser STONEBRIDGE ADVISORS LLC, 10 WESTPORT ROAD, SUITE C101, WILTON CT 06897
M Keefe Denise director C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Kelly Catherine Dehler other: Officer - Investment Advisor C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Scott Michael Friske other: Officer - Investment Advisor FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Thomas R Kadlec director C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Robert F Keith director C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Shane Shannon officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Craig S Prichard director C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187

First Trust Inter Dur Pref&ome Fund (First Trust Inter Dur Pref&ome Fund) Headlines

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