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First Trust Inter Dur Pref&ome Fund (First Trust Inter Dur Pref&ome Fund) Pretax Margin % : 88.96% (As of Oct. 2023)


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

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. First Trust Inter Dur Pref&ome Fund's Pre-Tax 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 pretax 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 Pretax Margin % or its related term are showing as below:

FPF' s Pretax Margin % Range Over the Past 10 Years
Min: 99.31   Med: 100.45   Max: 117.78
Current: 107.95


FPF's Pretax Margin % is ranked better than
86.76% of 1669 companies
in the Asset Management industry
Industry Median: 89.71 vs FPF: 107.95

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

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

First Trust Inter Dur Pref&ome Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Pretax 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
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 98.81 100.42 100.49 102.56 88.96

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

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

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

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



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

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

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

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

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

Pretax Margin=Pre-Tax Income (Q: Oct. 2023 )/Revenue (Q: Oct. 2023 )
=7.687/8.641
=88.96 %

* 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) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


First Trust Inter Dur Pref&ome Fund Pretax Margin % 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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