Vault-13

FIRST TR INTER DURATN PFD & FPF

COM · Closed-End Fund · CUSIP 33718W103

114 institutional holders +3 vs Q1 2025
17,111,42217.1m shares reported held*
$322.0mreported value*
13 new 30 added 33 reduced 12 sold out net bought ≈ $17.1m (+905.9k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $18.82.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 101Q4 22: 113Q1 23: 110Q2 23: 100Q3 23: 109Q4 23: 119Q1 24: 110Q2 24: 111Q3 24: 111Q4 24: 120Q1 25: 111Q2 25: 114114Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022101
Q4 2022113
Q1 2023110
Q2 2023100
Q3 2023109
Q4 2023119
Q1 2024110
Q2 2024111
Q3 2024111
Q4 2024120
Q1 2025111
Q2 2025114

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q3 23: 53 bought or addedQ3 23: 40 cut or sold outQ4 23: 56 bought or addedQ4 23: 45 cut or sold outQ4 23Q1 24: 57 bought or addedQ1 24: 52 cut or sold outQ2 24: 40 bought or addedQ2 24: 45 cut or sold outQ2 24Q3 24: 45 bought or addedQ3 24: 45 cut or sold outQ4 24: 47 bought or addedQ4 24: 49 cut or sold outQ4 24Q1 25: 44 bought or addedQ1 25: 48 cut or sold outQ2 25: 43 bought or addedQ2 25: 45 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20235340
Q4 20235645
Q1 20245752
Q2 20244045
Q3 20244545
Q4 20244749
Q1 20254448
Q2 20254345

Biggest buyers

ROYAL BANK OF CANADA Added +718,529+718.5k
MORGAN STANLEY Added +286,756+286.8k
SIT INVESTMENT ASSOCIATES INC Added +255,389+255.4k
Invesco Ltd. Added +114,174+114.2k
STIFEL FINANCIAL CORP Added +63,847+63.8k
Gateway Wealth Partners, LLC New +47,256+47.3k
Cooper Financial Group Added +37,905+37.9k
NewEdge Advisors, LLC Added +35,004+35.0k
LPL Financial LLC Added +22,945+22.9k
Integrated Wealth Concepts LLC New +22,637+22.6k

Biggest sellers

Peak Planning Group, LLC Sold out -317,026-317.0k
ROTHSCHILD INVESTMENT LLC Reduced -166,098-166.1k
Magnus Financial Group LLC Reduced -106,303-106.3k
AMERIPRISE FINANCIAL INC Reduced -58,018-58.0k
Polar Asset Management Partners Inc. Sold out -47,115-47.1k
Hennion & Walsh Asset Management, Inc. Reduced -27,077-27.1k
ENVESTNET ASSET MANAGEMENT INC Reduced -14,196-14.2k
HRT FINANCIAL LP Sold out -11,792-11.8k
Baird Financial Group, Inc. Reduced -11,428-11.4k
Sage Capital Management, LLC Sold out -10,500-10.5k

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
MORGAN STANLEY 13G · institution filed 2025-11-07 13.0% 7.9m≈ $143.3m 2025-11-07

Insider purchases and sales in Q2 2025

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q2 2025.

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 8,346,3198.3m $157.1m $157.1m 0.01% Added +286.8k +286,756
2 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 1,499,5741.5m $28.2m $28.2m 0.00% Added +718.5k +718,529
3 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,003,0741.0m $18.9m $18.9m 0.00% Reduced -400 -400
4 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 773,685773.7k $14.6m $14.6m 0.00% Added +114.2k +114,174
5 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 769,888769.9k $14.5m $14.5m 0.00% Added +22.9k +22,945
6 SIT INVESTMENT ASSOCIATES INC 0.24% of their portfolio Minneapolis, MN 590,629590.6k $11.1m $11.1m 0.24% Added +255.4k +255,389
7 MGO ONE SEVEN LLC 0.25% of their portfolio Beachwood, OH 406,961407.0k $7.7m $7.7m 0.25% Added +18.4k +18,449
8 COHEN & STEERS, INC. 0.01% of their portfolio NEW YORK, NY 361,198361.2k $6.8m $6.8m 0.01% Unchanged
9 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 175,923175.9k $3.3m $3.3m 0.00% Reduced -58.0k -58,018
10 GUGGENHEIM CAPITAL LLC 0.02% of their portfolio CHICAGO, IL 158,380158.4k $3.0m $3.0m 0.02% Added +12 +12
11 D.A. DAVIDSON & CO. 0.02% of their portfolio GREAT FALLS, MT 144,811144.8k $2.7m $2.7m 0.02% Added +10.1k +10,060
12 UBS Group AG 0.00% of their portfolio ZURICH, V8 144,404144.4k $2.7m $2.7m 0.00% Added +545 +545
13 Hennion & Walsh Asset Management, Inc. 0.11% of their portfolio Parsippany, NJ 143,664143.7k $2.7m $2.7m 0.11% Reduced -27.1k -27,077
14 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 143,216143.2k $2.7m $2.7m 0.00% Added +63.8k +63,847
15 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 141,668141.7k $2.7m $2.7m 0.00% Added +2.1k +2,083
16 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 132,054132.1k $2.5m $2.5m 0.00% Reduced -11.4k -11,428
17 Consolidated Portfolio Review Corp 0.29% of their portfolio WOODBURY, NY 111,540111.5k $2.1m $2.1m 0.29% Reduced -4.1k -4,118
18 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 108,475108.5k $2.0m $2.0m 0.00% Reduced -6.2k -6,167
19 Rareview Capital LLC 1.17% of their portfolio LAS VEGAS, NV 98,63798.6k $1.9m $1.9m 1.17% Reduced -10.1k -10,139
20 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 97,61897.6k $1.8m $1.8m 0.00% Reduced -5.3k -5,317
21 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 94,04094.0k $1.8m $1.8m 0.01% Added +35.0k +35,004
22 Fiera Capital Corp 0.01% of their portfolio MONTREAL, A8 88,79688.8k $1.7m $1.7m 0.01% Reduced -1.6k -1,606
23 IHT Wealth Management, LLC 0.04% of their portfolio Chicago, IL 82,25682.3k $1.5m $1.5m 0.04% Added +340 +340
24 OPPENHEIMER & CO INC 0.02% of their portfolio NEW YORK, NY 79,96580.0k $1.5m $1.5m 0.02% Added +12.5k +12,461
25 Shaker Financial Services, LLC 0.53% of their portfolio Arlington, VA 77,75677.8k $1.5m $1.5m 0.53% Added +7.8k +7,831
26 PRINCIPAL SECURITIES, INC. 0.02% of their portfolio DES MOINES, IA 69,71869.7k $1.3m $1.3m 0.02% Added +515 +515
27 Onyx Bridge Wealth Group LLC 0.16% of their portfolio TARRYTOWN, NY 66,07766.1k $1.2m $1.2m 0.16% Added +1.8k +1,808
28 CENTAURUS FINANCIAL, INC. 0.06% of their portfolio ANAHEIM, CA 58,86458.9k $1.1m $1.1m 0.06% Reduced -1.3k -1,310
29 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 57,78657.8k $1.1m $1.1m 0.00% Reduced -14.2k -14,196
30 Cooper Financial Group 0.10% of their portfolio IRVINE, CA 48,25248.3k $872.1k $872.1k 0.10% Added +37.9k +37,905
31 Gateway Wealth Partners, LLC 0.17% of their portfolio APPLETON, WI 47,25647.3k $889.4k $889.4k 0.17% New
32 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 44,52344.5k $838.0k $838.0k 0.00% Reduced -1.4k -1,375
33 Capital Investment Advisors, LLC 0.01% of their portfolio ATLANTA, GA 42,65342.7k $802.7k $802.7k 0.01% Unchanged
34 Prospera Financial Services Inc 0.01% of their portfolio Dallas, TX 41,58041.6k $782.5k $782.5k 0.01% Added +1.3k +1,327
35 Pine Valley Investments Ltd Liability Co 0.05% of their portfolio MARLTON, NJ 41,12241.1k $773.9k $773.9k 0.05% Reduced -178 -178
36 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 41,06441.1k $772.8k $772.8k 0.00% Added +20.5k +20,534
37 Sowell Financial Services LLC 0.03% of their portfolio NORTH LITTLE ROCK, AR 36,38836.4k $684.8k $684.8k 0.03% Unchanged
38 PFG Investments, LLC 0.04% of their portfolio WOODBURY, NY 34,38134.4k $647.1k $647.1k 0.04% Reduced -525 -525
39 COMERICA BANK 0.00% of their portfolio DALLAS, TX 33,01433.0k $621.3k $621.3k 0.00% Added +642 +642
40 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 32,89932.9k $619.2k $619.2k 0.00% Reduced -201 -201
41 Ethos Financial Group, LLC 0.05% of their portfolio KING OF PRUSSIA, PA 32,82832.8k $617.8k $617.8k 0.05% Unchanged
42 Magnus Financial Group LLC 0.05% of their portfolio NEW YORK, NY 32,24832.2k $606.9k $606.9k 0.05% Reduced -106.3k -106,303
43 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 30,52630.5k $574.5k $574.5k 0.00% Reduced -4.8k -4,818
44 RDA Financial Network 0.15% of their portfolio AKRON, IA 29,16829.2k $548.9k $548.9k 0.15% Reduced -1.0k -1,000
45 CWM, LLC 0.00% of their portfolio OMAHA, NE 28,18228.2k $530.0k $530.0k 0.00% Unchanged
46 DELTA CAPITAL MANAGEMENT LLC 0.29% of their portfolio RED BANK, NJ 27,34027.3k $515.0k $515.0k 0.29% Unchanged
47 Saxony Capital Management, LLC 0.39% of their portfolio ST. LOUIS, MO 26,85026.9k $505.3k $505.3k 0.39% Unchanged
48 Gridiron Partners, LLC 0.31% of their portfolio Wexford, PA 26,55826.6k $499.8k $499.8k 0.31% Unchanged
49 Intellectus Partners, LLC 0.10% of their portfolio SAN FRANCISCO, CA 25,69025.7k $483.5k $483.5k 0.10% Added +348 +348
50 Lido Advisors, LLC 0.00% of their portfolio Los Angeles, CA 23,88323.9k $449.5k $449.5k 0.00% Reduced -700 -700
51 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 23,65023.6k $445.1k $445.1k 0.00% Added +109 +109
52 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 22,63722.6k $426.0k $426.0k 0.00% New
53 AVANTAX ADVISORY SERVICES, INC. 0.00% of their portfolio DALLAS, TX 19,48219.5k $366.7k $366.7k 0.00% Added +859 +859
54 Mathes Company, Inc. 0.13% of their portfolio New York, NY 18,50018.5k $348.0k $348.0k 0.13% Unchanged
55 Kovack Advisors, Inc. 0.03% of their portfolio FT. LAUDERDALE, FL 18,35618.4k $345.5k $345.5k 0.03% New
56 RVW Wealth, LLC 0.03% of their portfolio LOS ANGELES, CA 17,84917.8k $335.9k $335.9k 0.03% Unchanged
57 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio ORLANDO, FL 17,23117.2k $324.3k $324.3k 0.03% New
58 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 16,72916.7k $314.8k $314.8k 0.00% Reduced -850 -850
59 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 16,62716.6k $312.9k $312.9k 0.00% Added +1.9k +1,893
60 INTEGRITY ALLIANCE, LLC. 0.02% of their portfolio Urbandale, IA 15,58615.6k $293.3k $293.3k 0.02% Reduced -10 -10
61 Sterneck Capital Management, LLC 0.14% of their portfolio KANSAS CITY, MO 15,15515.2k $285.2k $285.2k 0.14% Reduced -1.1k -1,134
62 Morey & Quinn Wealth Partners, LLC 0.22% of their portfolio OMAHA, NE 14,79214.8k $278.4k $278.4k 0.22% Reduced -750 -750
63 SeaCrest Wealth Management, LLC 0.03% of their portfolio PURCHASE, NY 13,68413.7k $257.5k $257.5k 0.03% New
64 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 13,42513.4k $253.0k $253.0k 0.00% Added +94 +94
65 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 12,70112.7k $239.0k $239.0k 0.00% Reduced -3.2k -3,243
66 SILVER OAK SECURITIES, INCORPORATED 0.02% of their portfolio JACKSON, TN 12,46112.5k $234.5k $234.5k 0.02% New
67 UHLMANN PRICE SECURITIES, LLC 0.14% of their portfolio SKOKIE, IL 10,76910.8k $202.7k $202.7k 0.14% Added +242 +242
68 Icon Wealth Advisors, LLC 0.01% of their portfolio HOUSTON, TX 10,58810.6k $199.3k $199.3k 0.01% Reduced -1.1k -1,100
69 FIRST FINANCIAL CORP /IN/ 0.07% of their portfolio TERRE HAUTE, IN 8,5818.6k $161.5k $161.5k 0.07% Reduced -71 -71
70 Spire Wealth Management 0.01% of their portfolio MCLEAN, VA 7,6067.6k $143.1k $143.1k 0.01% Reduced -1.8k -1,764
71 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 6,9286.9k $130.4k $130.4k 0.00% Reduced -1.2k -1,235
72 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 6,8616.9k $129.1k $129.1k 0.00% First filing
73 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 5,1795.2k $97.5k $97.5k 0.00% Unchanged
74 MassMutual Private Wealth & Trust, FSB 0.00% of their portfolio Windsor, CT 3,8093.8k $71.7k $71.7k 0.00% New
75 AllSquare Wealth Management LLC 0.04% of their portfolio ALBANY, NY 3,5003.5k $65.9k $65.9k 0.04% Unchanged
76 Colonial Trust Co / SC 0.01% of their portfolio SPARTANBURG, SC 3,1753.2k $59.4k $59.4k 0.01% Unchanged
77 Main Street Group, LTD 0.02% of their portfolio GLEN ALLEN, VA 2,8752.9k $54.1k $54.1k 0.02% Unchanged
78 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 2,5602.6k $48.2k $48.2k 0.00% New
79 CALDWELL SUTTER CAPITAL, INC. 0.01% of their portfolio SAUSALITO, CA 1,6001.6k $30.1k $30.1k 0.01% Unchanged
80 Larson Financial Group LLC 0.00% of their portfolio ST LOUIS, MO 1,5001.5k $28.2k $28.2k 0.00% Unchanged
81 Golden State Wealth Management, LLC 0.00% of their portfolio SANTA ANA, CA 1,5001.5k $28.2k $28.2k 0.00% Unchanged
82 Anchor Investment Management, LLC 0.00% of their portfolio COLUMBIA, SC 1,3751.4k $25.9k $25.9k 0.00% Unchanged
83 Wilmington Savings Fund Society, FSB 0.00% of their portfolio WILMINGTON, DE 1,1751.2k $22.1k $22.1k 0.00% Unchanged
84 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 1,0001.0k $18.8k $18.8k 0.00% Reduced -275 -275
85 North Star Investment Management Corp. 0.00% of their portfolio CHICAGO, IL 950950 $17.9k $17.9k 0.00% Unchanged
86 Thomas J. Herzfeld Advisors, Inc. 0.01% of their portfolio MIAMI BEACH, FL 906906 $17.1k $17.1k 0.01% Reduced -107 -107
87 WPG Advisers, LLC 0.01% of their portfolio BALTIMORE, MD 821821 $15.5k $15.5k 0.01% Reduced -240 -240
88 SOA Wealth Advisors, LLC. 0.00% of their portfolio NEW YORK, NY 706706 $13.3k $13.3k 0.00% Added +16 +16
89 Blue Trust, Inc. 0.00% of their portfolio BRENTWOOD, TN 547547 $10.3k $10.3k 0.00% Added +4 +4
90 Aspect Partners, LLC 0.00% of their portfolio FAIRFAX, VA 500500 $9.4k $9.4k 0.00% Unchanged
91 HUNTINGTON NATIONAL BANK 0.00% of their portfolio COLUMBUS, OH 499499 $9.4k $9.4k 0.00% Added +99 +99
92 ARMSTRONG ADVISORY GROUP, INC 0.00% of their portfolio NEEDHAM, MA 461461 $8.7k $8.7k 0.00% Unchanged
93 Salomon & Ludwin, LLC 0.00% of their portfolio RICHMOND, VA 450450 $8.5k $8.5k 0.00% Unchanged
94 ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio CHICAGO, IL 400400 $7.5k $7.5k 0.00% Reduced -166.1k -166,098
95 Luminist Capital LLC 0.01% of their portfolio GRAND RAPIDS, MI 386386 $7.2k $7.2k 0.01% Reduced -11 -11
96 Citizens National Bank Trust Department 0.00% of their portfolio MERIDIAN, MS 365365 $6.9k $6.9k 0.00% Unchanged
97 Ameritas Advisory Services, LLC 0.00% of their portfolio Lincoln, NE 276276 $5.2k $5.2k 0.00% New
98 Inlight Wealth Management, LLC 0.00% of their portfolio ATLANTA, GA 253253 $4.8k $4.8k 0.00% Unchanged
99 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 236236 $4.4k $4.4k 0.00% New
100 THURSTON, SPRINGER, MILLER, HERD & TITAK, INC. 0.00% of their portfolio INDIANAPOLIS, IN 220220 $4.1k $4.1k 0.00% Unchanged