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        <name>CHARLES SCHWAB CORP</name>
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        <name>BNP PARIBAS</name>
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        <name>Invesco Preferred ETF</name>
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        <name>FARM CREDIT BK OF TEXAS</name>
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        <name>ENERGY TRANSFER LP</name>
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        <name>BARCLAYS PLC</name>
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        <name>PNC FINANCIAL SERVICES</name>
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        <name>HSBC HOLDINGS PLC</name>
        <lei>MLU0ZO3ML4LN2LL2TL39</lei>
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        <name>LINCOLN NATIONAL CORP</name>
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        <name>AES CORP/THE</name>
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        <name>EUSHI Finance Inc</name>
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      <invstOrSec>
        <name>AMERICAN NATIONAL GROUP</name>
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      <invstOrSec>
        <name>STANDARD CHARTERED PLC</name>
        <lei>U4LOSYZ7YG4W3S5F2G91</lei>
        <title>Standard Chartered PLC</title>
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        <invCountry>GB</invCountry>
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          <maturityDt>N/A</maturityDt>
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      <invstOrSec>
        <name>SCE TRUST IV</name>
        <lei>N/A</lei>
        <title>SCE Trust IV</title>
        <cusip>78409G206</cusip>
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          <isin value="US78409G2066"/>
          <ticker value="EIX"/>
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      <invstOrSec>
        <name>STATE STREET CORP</name>
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          <maturityDt>N/A</maturityDt>
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      <invstOrSec>
        <name>AIR LEASE CORP</name>
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        <title>Air Lease Corp</title>
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          <maturityDt>N/A</maturityDt>
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      <invstOrSec>
        <name>LAND O LAKES CAP TRST I</name>
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          <isin value="US514665AA61"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.45000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NATIONWIDE FIN SVCS CAP</name>
        <lei>N/A</lei>
        <title>Nationwide Financial Services Capital Trust</title>
        <cusip>638611AA1</cusip>
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          <isin value="US638611AA14"/>
          <other otherDesc="SEDOL" value="BK8JV49"/>
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        <balance>2442000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2710620.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CITIGROUP INC</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>Citigroup Inc</title>
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          <isin value="US172967PM70"/>
          <other otherDesc="SEDOL" value="BPDZKQ2"/>
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        <balance>8100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8460498.60000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>N/A</maturityDt>
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        <name>US CELLULAR CORP</name>
        <lei>549300B164AZXESI6E03</lei>
        <title>United States Cellular Corp</title>
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          <ticker value="USM"/>
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        <name>AEGON FUNDING CO LLC</name>
        <lei>KEIOKM01PSK5VZ5CCI74</lei>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

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        <name>JPMORGAN CHASE &amp; CO</name>
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      <invstOrSec>
        <name>SCE TRUST VII</name>
        <lei>N/A</lei>
        <title>SCE Trust VII</title>
        <cusip>783892201</cusip>
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          <isin value="US7838922018"/>
          <ticker value="EIX"/>
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        <balance>410734.00000000</balance>
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        <name>COREBRIDGE FINANCIAL INC</name>
        <lei>549300XY1661QCIA7J65</lei>
        <title>Corebridge Financial Inc</title>
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        <invCountry>US</invCountry>
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        <name>BANCO MERCANTIL DE NORTE</name>
        <lei>549300QTVYRPFHS0J362</lei>
        <title>Banco Mercantil del Norte SA/Grand Cayman</title>
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        <name>BROOKFIELD RENEWABLE PAR</name>
        <lei>VA8DFMRI2GY8Y7V79H93</lei>
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        <name>GLOBAL NET LEASE INC</name>
        <lei>549300NUYANCT5SU8Z65</lei>
        <title>Global Net Lease Inc</title>
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        <name>BANCO SANTANDER SA</name>
        <lei>5493006QMFDDMYWIAM13</lei>
        <title>Banco Santander SA</title>
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        <name>CMS ENERGY CORP</name>
        <lei>549300IA9XFBAGNIBW29</lei>
        <title>CMS Energy Corp</title>
        <cusip>125896845</cusip>
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          <ticker value="CMS"/>
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        <name>ING GROEP NV</name>
        <lei>549300NYKK9MWM7GGW15</lei>
        <title>ING Groep NV</title>
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        <invCountry>NL</invCountry>
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          <maturityDt>N/A</maturityDt>
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          <annualizedRt>8.00000000</annualizedRt>
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        <name>UNITED STATES CELLULAR C</name>
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        <name>DEUTSCHE BANK AG</name>
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        <name>SEMPRA</name>
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        <name>METLIFE INC</name>
        <lei>C4BXATY60WC6XEOZDX54</lei>
        <title>MetLife Inc</title>
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        <name>SOCIETE GENERALE</name>
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        <name>F&amp;G ANNUITIES &amp; LIFE INC</name>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LIBERTY MUTUAL GROUP INC</name>
        <lei>QUR0DG15Z6FFGYCHH861</lei>
        <title>Liberty Mutual Group Inc</title>
        <cusip>53079EBM5</cusip>
        <identifiers>
          <isin value="US53079EBM57"/>
          <other otherDesc="SEDOL" value="BLNL7Z0"/>
        </identifiers>
        <balance>11204000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10722271.70000000</valUSD>
        <pctVal>0.909757585560</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WELLS FARGO &amp; COMPANY</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>Wells Fargo &amp; Co</title>
        <cusip>95002YAC7</cusip>
        <identifiers>
          <isin value="US95002YAC75"/>
          <other otherDesc="SEDOL" value="BRC14H4"/>
        </identifiers>
        <balance>17277000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>17783976.29000000</valUSD>
        <pctVal>1.508925327014</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.85000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ING GROEP NV</name>
        <lei>549300NYKK9MWM7GGW15</lei>
        <title>ING Groep NV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2885225966"/>
          <other otherDesc="SEDOL" value="BPLP622"/>
        </identifiers>
        <balance>6360000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6445739.16000000</valUSD>
        <pctVal>0.546904635456</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2025-03-25</ncom:dateSigned>
      <ncom:nameOfApplicant>First Trust Intermediate Duration Preferred &amp; Income Fund</ncom:nameOfApplicant>
      <ncom:signature>Derek Maltbie</ncom:signature>
      <ncom:signerName>Derek Maltbie</ncom:signerName>
      <ncom:title>Treasurer, Chief Financial Officer and Chief Accounting Officer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
