First Trust Inter Dur Pref&ome Fund (First Trust Inter Dur Pref&ome Fund) Net Margin %

: 88.96% (As of Oct. 2023)

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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 Oct. 2023 was $7.69 Mil. First Trust Inter Dur Pref&ome Fund's Revenue for the six months ended in Oct. 2023 was $8.64 Mil. Therefore, First Trust Inter Dur Pref&ome Fund's net margin for the quarter that ended in Oct. 2023 was 88.96%.

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: 99.31 Med: 100.45 Max: 117.78
Current: 107.95

FPF's Net Margin % is ranked better than
86.47% of 1670 companies
in the Asset Management industry
Industry Median: 85.935 vs FPF: 107.95

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 Annual Data

Trend

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Net Margin %

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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
Net Margin %	Get a 7-Day Free Trial								98.81	100.42	100.49	102.56	88.96

Competitive Comparison

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 Net Margin % Distribution

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 Oct. 2023 is calculated as

Net Margin	=	Net Income (Q: Oct. 2023 )	/	Revenue (Q: Oct. 2023 )
	=	7.687	/	8.641
	=	88.96 %

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

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » First Trust Inter Dur Pref& Income Fund (NYSE:FPF) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

120 East Liberty Drive, Suite 400, Wheaton, IL, USA, 60187

Website

https://www.ftportfolios.com

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