 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 March 15, 2021, to shareholders of record as of March 2, 2021. The ex-dividend date is expected to be March 1, 2021. The monthly distribution information for the Fund appears below. First Trust Intermediate Duration Preferred Income Fund FPF: Distr 