---
schema_version: "secwatch.filing_event.v1"
accession: "0001445546-23-004075"
form_type: "8-K"
ticker: "FPF"
cik: "0001567569"
company_name: "First Trust Intermediate Duration Preferred & Income Fund"
filed_at: "2023-06-23T23:59:59+00:00"
generated_at: "2026-06-13T18:00:48.108810+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# First Trust Intermediate Duration Preferred & Income Fund rescinds control share by-law

## Summary
- Board rescinded Article XII control share provisions from Amended and Restated By-Laws effective June 22, 2023.
- Old by-law required non-interested shareholder approval for voting rights on shares acquired in a Control Share Acquisition.
- Rescission eliminates all prior and future limitations on voting rights for such share purchases.
- Other First Trust closed-end funds also rescinded similar control share by-laws.
- Amended By-Laws filed as Exhibit 3.1 with the SEC on Form 8-K.

## SEC filing metadata
- accession: 0001445546-23-004075
- form_type: 8-K
- ticker: FPF
- cik: 0001567569
- company_name: First Trust Intermediate Duration Preferred & Income Fund
- filed_at: 2023-06-23T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1567569/000144554623004075/0001445546-23-004075-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1567569/000144554623004075/fpf_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001445546-23-004075
- JSON: https://secwatch.observer/filing/0001445546-23-004075.json
- Plain text: https://secwatch.observer/filing/0001445546-23-004075.txt

## Key facts
- Governance Changes
  First Trust Intermediate Duration Preferred & Income Fund: Amended and restated bylaws to rescind Article XII control share provisions effective immediately (effective 2023-06-22).
  - Change: bylaw amendment
  - Effective: 2023-06-22
  source text: On June 22, 2023, the Board of Trustees of First Trust Intermediate Duration Preferred & Income Fund amended and restated its existing Amended and Restated By-Laws (and as so amended and restated, the “By-Laws”), effective immediately. The By-Laws were revised to rescind Article XII and its accompanying control share provisions, along with other conforming amendments.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1567569/000144554623004075/0001445546-23-004075-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.