 WHEATON, Ill.--BUSINESS WIRE--First Trust Intermediate Duration Preferred Income Fund the Fund NYSE: FPF has declared the Funds regularly scheduled monthly common share distribution in the amount of 0.1275 per share payable on September 15, 2021, to shareholders of record as of September 2, 2021. The ex-dividend date is expected to be September 1, 2021. The monthly distribution information for the Fund appears below. First Trust Intermediate Duration Preferred Income Fund 