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FPF (First Trust Inter Dur Pref&ome Fund) Net Margin % : 98.79% (As of Apr. 2024)


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What is First Trust Inter Dur Pref&ome Fund Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. First Trust Inter Dur Pref&ome Fund's Net Income for the six months ended in Apr. 2024 was $165.1 Mil. First Trust Inter Dur Pref&ome Fund's Revenue for the six months ended in Apr. 2024 was $167.1 Mil. Therefore, First Trust Inter Dur Pref&ome Fund's net margin for the quarter that ended in Apr. 2024 was 98.79%.

The historical rank and industry rank for First Trust Inter Dur Pref&ome Fund's Net Margin % or its related term are showing as below:

FPF' s Net Margin % Range Over the Past 10 Years
Min: 98.31   Med: 100.45   Max: 117.78
Current: 98.31


FPF's Net Margin % is ranked better than
73.52% of 1643 companies
in the Asset Management industry
Industry Median: 87.84 vs FPF: 98.31

First Trust Inter Dur Pref&ome Fund Net Margin % Historical Data

The historical data trend for First Trust Inter Dur Pref&ome Fund's Net Margin % 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 Net Margin % Chart

First Trust Inter Dur Pref&ome Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Net Margin %
Get a 7-Day Free Trial 99.31 117.78 99.33 100.45 107.95

First Trust Inter Dur Pref&ome Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 100.42 100.49 102.56 88.96 98.79

Competitive Comparison of First Trust Inter Dur Pref&ome Fund's Net Margin %

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

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

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



First Trust Inter Dur Pref&ome Fund Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

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

Net Margin=Net Income (A: Oct. 2023 )/Revenue (A: Oct. 2023 )
=-23.511/-21.779
=107.95 %

First Trust Inter Dur Pref&ome Fund's Net Margin for the quarter that ended in Apr. 2024 is calculated as

Net Margin=Net Income (Q: Apr. 2024 )/Revenue (Q: Apr. 2024 )
=165.1/167.123
=98.79 %

* 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) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


First Trust Inter Dur Pref&ome Fund Net Margin % Related Terms

Thank you for viewing the detailed overview of First Trust Inter Dur Pref&ome Fund's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


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
Angelo D Graci other: Officer-Investment Sub-Advisor C/O STONEBRIDGE ADVISORS LLC, 10 WESTPORT ROAD, SUITE C-101, WILTON CT 06897
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
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 Headlines

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