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        <name>BROOKFIELD INFRASTRUCTURE PARTNERS LP</name>
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        <name>SWEDBANK AB</name>
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        <name>MEIJI YASUDA LIFE INSURANCE COMPANY</name>
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        <name>CITIGROUP INC</name>
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        <name>TORONTO DOMINION BANK (THE)</name>
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        <name>F&amp;G ANNUITIES &amp; LIFE INC</name>
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        <name>HSBC HOLDINGS PLC</name>
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        <name>CMS ENERGY CORP</name>
        <lei>549300IA9XFBAGNIBW29</lei>
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        <name>NISOURCE INC</name>
        <lei>549300D8GOWWH0SJB189</lei>
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        <name>AES CORP (THE)</name>
        <lei>2NUNNB7D43COUIRE5295</lei>
        <title>AES V6.95 07/15/55</title>
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        <name>XCEL ENERGY INC</name>
        <lei>LGJNMI9GH8XIDG5RCM61</lei>
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          <ticker value="XEL"/>
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        <name>BANK OF AMERICA CORP</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
        <title>BANK OF AMERICA CORP DEPOSITARY SHARES EACH REPRESENTING A 1/1,000TH INTEREST IN A SHARE OF BANK OF AMERICA CORPORATION 4.750% NON-CUMULATIVE PREFERRE</title>
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        <name>LAND O'LAKES INC</name>
        <lei>4ONCJWH5BBCYSJIJYX61</lei>
        <title>LLAKES 7.25 PERP 144a</title>
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        <name>AGNC INVESTMENT CORP</name>
        <lei>5TRACI5HRMELWV32OF39</lei>
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        <name>TORONTO DOMINION BANK (THE)</name>
        <lei>PT3QB789TSUIDF371261</lei>
        <title>TD V8.125 10/31/82</title>
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        <name>ANNALY CAPITAL MANAGEMENT INC</name>
        <lei>2DTL0G3FPRYUT58TI025</lei>
        <title>ANNALY CAPITAL MANAGEMENT INC 6.95% SERIES F FIXED-TO-FLOATING RATE CUMULATIVE REDEEMABLE PREFERRED STOCK</title>
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          <ticker value="NLY"/>
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        <name>DIGITALBRIDGE GROUP INC</name>
        <lei>549300XG87L902AGBO89</lei>
        <title>DIGITALBRIDGE GROUP INC CUM RED PERP PFD SHS SER J</title>
        <cusip>25401T306</cusip>
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          <ticker value="DBRG"/>
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        <name>HSBC HOLDINGS PLC</name>
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        <name>F&amp;G ANNUITIES &amp; LIFE INC</name>
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        <name>AFFILIATED MANAGERS GROUP INC</name>
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        <name>SOUTHERN COMPANY (THE)</name>
        <lei>549300FC3G3YU2FBZD92</lei>
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        <name>LAND O'LAKES CAPITAL TRUST I</name>
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        <lei>EK6GB9U3U58PDI411C94</lei>
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        <cusip>000000000</cusip>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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        <curCd>USD</curCd>
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        <name>T-MOBILE USA INC</name>
        <lei>549300V2JRLO5DIFGE82</lei>
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        <name>BARCLAYS PLC</name>
        <lei>213800LBQA1Y9L22JB70</lei>
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        <valUSD>9609967.80000000</valUSD>
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        <issuerCat>CORP</issuerCat>
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          <couponKind>Fixed</couponKind>
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        <name>WINTRUST FINANCIAL CORP</name>
        <lei>Q774KI4AW80FHFW33O61</lei>
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        <cusip>97650W702</cusip>
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        <curCd>USD</curCd>
        <valUSD>3672663.60000000</valUSD>
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        <assetCat>EP</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isLoanByFund>N</isLoanByFund>
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        <name>STATE STREET CORP</name>
        <lei>549300ZFEEJ2IP5VME73</lei>
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        <balance>8064000.00000000</balance>
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        <curCd>USD</curCd>
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          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <name>ALLIANZ SE</name>
        <lei>529900K9B0N5BT694847</lei>
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        <balance>7400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7458534.00000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.55000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <name>EQUITABLE HOLDINGS INC</name>
        <lei>549300FIBAKMNHPZ4009</lei>
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          <ticker value="EQH"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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        <name>BROOKFIELD PROPERTY PARTNERS LP</name>
        <lei>5493004J5Z0TZW83NU62</lei>
        <title>BROOKFIELD PROPERTY PARTNERS LP 5.750% CLASS A CUMULATIVE REDEEMABLE PERPETUAL PREFERRED UNITS SERIES 3</title>
        <cusip>000000000</cusip>
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        <curCd>USD</curCd>
        <valUSD>2989586.34000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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          <isLoanByFund>N</isLoanByFund>
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        <name>AMERICAN NATIONAL GROUP INC</name>
        <lei>549300RK5RZQ740FPL83</lei>
        <title>AMERICAN NATIONAL GROUP INC DEPOSITARY SHARE REPRESENTING 1/1000TH, 7.375% FIXED-RATE NON-CUMULATIVE PREFERRED STOCK SERIES D</title>
        <cusip>025676859</cusip>
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          <ticker value="ANGINC"/>
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        <valUSD>7412295.80000000</valUSD>
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        <assetCat>EP</assetCat>
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        <invCountry>US</invCountry>
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        <name>AGNC INVESTMENT CORP</name>
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        <valUSD>2201533.84000000</valUSD>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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        <name>BANCO SANTANDER SA</name>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>BANCO BILBAO VIZCAYA ARGENTARIA SA</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <isPaidKind>N</isPaidKind>
          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>BANCO BILBAO VIZCAYA ARGENTARIA SA</name>
              <title>BANCO BILBAO VIZCAYA ARGENTARIA SA EUR0.49</title>
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          <currencyInfos>
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          <delta>XXXX</delta>
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        <securityLending>
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    <signature>
      <ncom:dateSigned>2026-09-24</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>
