Vault-13

FIRST TR INTER DURATN PFD & FPF

COM · Closed-End Fund · CUSIP 33718W103

120 institutional holders +2 vs Q4 2025
18,725,07918.7m shares reported held*
$330.3mreported value*
16 new 41 added 24 reduced 11 sold out net bought ≈ $9.3m (+531.0k 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 ($1.7k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $17.64.

Trends to Q1 2026

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: 114Q3 25: 120Q4 25: 118Q1 26: 120120Q3 22Q3 23Q3 24Q3 25Q1 26
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
Q3 2025120
Q4 2025118
Q1 2026120

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q2 24: 40 bought or addedQ2 24: 45 cut or sold outQ3 24: 45 bought or addedQ3 24: 45 cut or sold outQ3 24Q4 24: 47 bought or addedQ4 24: 49 cut or sold outQ1 25: 44 bought or addedQ1 25: 48 cut or sold outQ1 25Q2 25: 43 bought or addedQ2 25: 45 cut or sold outQ3 25: 50 bought or addedQ3 25: 40 cut or sold outQ3 25Q4 25: 54 bought or addedQ4 25: 49 cut or sold outQ1 26: 57 bought or addedQ1 26: 35 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20244045
Q3 20244545
Q4 20244749
Q1 20254448
Q2 20254345
Q3 20255040
Q4 20255449
Q1 20265735

Biggest buyers

MORGAN STANLEY Added +549,667+549.7k
WELLS FARGO & COMPANY/MN Added +64,117+64.1k
ROYAL BANK OF CANADA Added +44,205+44.2k
WEDBUSH SECURITIES INC New +42,555+42.6k
FIFTH THIRD BANCORP New +31,622+31.6k
Rareview Capital LLC Added +15,823+15.8k
Gateway Wealth Partners, LLC New +14,176+14.2k
STIFEL FINANCIAL CORP Added +11,666+11.7k
Independent Advisor Alliance New +11,177+11.2k
Rockefeller Capital Management L.P. Added +9,950+9.9k

Biggest sellers

Invesco Ltd. Reduced -112,065-112.1k
AMERIPRISE FINANCIAL INC Sold out -39,658-39.7k
Shaker Financial Services, LLC Reduced -36,264-36.3k
GUGGENHEIM CAPITAL LLC Reduced -32,907-32.9k
OSAIC HOLDINGS, INC. Reduced -31,259-31.3k
JANE STREET GROUP, LLC Reduced -30,094-30.1k
LANDSCAPE CAPITAL MANAGEMENT, L.L.C. Sold out -27,316-27.3k
Cooper Financial Group Sold out -12,020-12.0k
XTX Topco Ltd Sold out -11,692-11.7k
Magnus Financial Group LLC Reduced -9,936-9.9k

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 Q1 2026

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 Q1 2026.

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 9,745,7699.7m $171.8m $171.8m 0.01% Added +549.7k +549,667
2 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,218,6511.2m $21.5m $21.5m 0.00% Added +64.1k +64,117
3 SIT INVESTMENT ASSOCIATES INC 0.43% of their portfolio Minneapolis, MN 1,213,7271.2m $21.4m $21.4m 0.43% Reduced -1.9k -1,937
4 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 948,767948.8k $16.7m $16.7m 0.00% Reduced -575 -575
5 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 739,258739.3k $13.0m $13.0m 0.00% Added +44.2k +44,205
6 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 634,556634.6k $11.2m $11.2m 0.00% Reduced -112.1k -112,065
7 Peak Planning Group, LLC 1.94% of their portfolio CENTENNIAL, CO 397,793397.8k $7.0m $7.0m 1.94% Added +8.3k +8,350
8 MGO ONE SEVEN LLC 0.14% of their portfolio Beachwood, OH 391,175391.2k $6.9m $6.9m 0.14% Added +799 +799
9 COHEN & STEERS, INC. 0.01% of their portfolio NEW YORK, NY 361,198361.2k $6.4m $6.4m 0.01% Unchanged
10 D.A. DAVIDSON & CO. 0.03% of their portfolio GREAT FALLS, MT 236,254236.3k $4.2m $4.2m 0.03% Added +612 +612
11 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 179,609179.6k $3.2m $3.2m 0.00% Added +11.7k +11,666
12 UBS Group AG 0.00% of their portfolio ZURICH, V8 158,615158.6k $2.8m $2.8m 0.00% Added +6.0k +5,977
13 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 111,850111.8k $2.0m $2.0m 0.00% Reduced -31.3k -31,259
14 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 99,58099.6k $1.8m $1.8m 0.00% Reduced -559 -559
15 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 96,23996.2k $1.7m $1.7m 0.00% Added +9.6k +9,639
16 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 94,73894.7k $1.7m $1.7m 0.00% Added +7.1k +7,107
17 Rareview Capital LLC 1.01% of their portfolio LAS VEGAS, NV 91,91791.9k $1.7m $1.7m 1.01% Added +15.8k +15,823
18 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 82,77082.8k $1.5m $1.5m 0.01% Added +529 +529
19 Noble Wealth Management PBC 0.68% of their portfolio GREENWOOD VILLAGE, CO 75,11775.1k $1.3m $1.3m 0.68% Added +4.5k +4,510
20 IHT Wealth Management, LLC 0.03% of their portfolio Chicago, IL 73,64373.6k $1.3m $1.3m 0.03% Unchanged
21 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 72,16172.2k $1.3m $1.3m 0.00% Added +4.7k +4,668
22 PRINCIPAL SECURITIES, INC. 0.02% of their portfolio DES MOINES, IA 70,33370.3k $1.2m $1.2m 0.02% Added +260 +260
23 Shaker Financial Services, LLC 0.42% of their portfolio Arlington, VA 68,01068.0k $1.2m $1.2m 0.42% Reduced -36.3k -36,264
24 Onyx Bridge Wealth Group LLC 0.13% of their portfolio TARRYTOWN, NY 67,94067.9k $1.2m $1.2m 0.13% Added +4.2k +4,152
25 OPPENHEIMER & CO INC 0.01% of their portfolio NEW YORK, NY 67,26267.3k $1.2m $1.2m 0.01% Reduced -514 -514
26 Hennion & Walsh Asset Management, Inc. 0.04% of their portfolio Parsippany, NJ 64,83364.8k $1.1m $1.1m 0.04% Reduced -2.2k -2,237
27 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 57,02657.0k $1.0m $1.0m 0.00% Added +5.8k +5,800
28 CENTAURUS FINANCIAL, INC. 0.05% of their portfolio ANAHEIM, CA 56,42856.4k $995.0k $995.0k 0.05% Reduced -449 -449
29 GUGGENHEIM CAPITAL LLC 0.01% of their portfolio CHICAGO, IL 49,41949.4k $871.3k $871.3k 0.01% Reduced -32.9k -32,907
30 Prospera Financial Services Inc 0.01% of their portfolio Dallas, TX 46,46446.5k $819.1k $819.1k 0.01% Added +1.3k +1,331
31 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 44,70144.7k $788.0k $788.0k 0.00% Reduced -5.0k -4,950
32 Magnus Financial Group LLC 0.06% of their portfolio NEW YORK, NY 42,93742.9k $757.0k $757.0k 0.06% Reduced -9.9k -9,936
33 WEDBUSH SECURITIES INC 0.02% of their portfolio PASADENA, CA 42,55542.6k $750.0k $750.0k 0.02% New
34 Alessandra Capital Management, LLC 0.62% of their portfolio TORRANCE, CA 41,51841.5k $732.0k $732.0k 0.62% Added +6.5k +6,518
35 PFG Investments, LLC 0.03% of their portfolio WOODBURY, NY 41,11241.1k $724.8k $724.8k 0.03% Added +1.1k +1,094
36 Capital Investment Advisors, LLC 0.01% of their portfolio ATLANTA, GA 39,66639.7k $699.3k $699.3k 0.01% Reduced -478 -478
37 Pine Valley Investments Ltd Liability Co 0.03% of their portfolio MARLTON, NJ 39,09939.1k $689.3k $689.3k 0.03% Unchanged
38 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 37,03437.0k $652.9k $652.9k 0.00% Reduced -1.7k -1,746
39 Sowell Financial Services LLC 0.02% of their portfolio NORTH LITTLE ROCK, AR 36,38836.4k $641.5k $641.5k 0.02% Unchanged
40 Ethos Financial Group, LLC 0.05% of their portfolio KING OF PRUSSIA, PA 35,46435.5k $661.0k $661.0k 0.05% Unchanged
41 Lido Advisors, LLC 0.00% of their portfolio Los Angeles, CA 33,85533.9k $596.9k $596.9k 0.00% Unchanged
42 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 31,62231.6k $557.5k $557.5k 0.00% New
43 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 30,26630.3k $533.6k $533.6k 0.00% Added +9.9k +9,950
44 CWM, LLC 0.00% of their portfolio OMAHA, NE 29,16029.2k $514.1k $514.1k 0.00% Added +6.0k +5,971
45 RDA Financial Network 0.12% of their portfolio AKRON, IA 28,26928.3k $498.4k $498.4k 0.12% Added +420 +420
46 Saxony Capital Management, LLC 0.28% of their portfolio ST. LOUIS, MO 27,70027.7k $488.4k $488.4k 0.28% Unchanged
47 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 26,89726.9k $474.2k $474.2k 0.00% Reduced -5.9k -5,893
48 Intellectus Partners, LLC 0.09% of their portfolio SAN FRANCISCO, CA 26,22126.2k $462.3k $462.3k 0.09% Added +353 +353
49 SeaCrest Wealth Management, LLC 0.05% of their portfolio PURCHASE, NY 25,37925.4k $447.4k $447.4k 0.05% Added +6.0k +6,003
50 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio ORLANDO, FL 25,22325.2k $444.7k $444.7k 0.03% Added +1.7k +1,708
51 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 24,08624.1k $424.6k $424.6k 0.00% Added +2.2k +2,172
52 DELTA CAPITAL MANAGEMENT LLC 0.23% of their portfolio RED BANK, NJ 24,04024.0k $424.0k $424.0k 0.23% Reduced -1.3k -1,300
53 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 22,74922.7k $401.1k $401.1k 0.00% Added +7.1k +7,090
54 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 20,57020.6k $362.7k $362.7k 0.00% Added +2.8k +2,786
55 EJMK Ventures LLC 0.20% of their portfolio ITASCA, IL 20,16120.2k $355.4k $355.4k 0.20% Added +79 +79
56 Gridiron Partners, LLC 0.21% of their portfolio Wexford, PA 19,34519.3k $338.4k $338.4k 0.21% Reduced -7.2k -7,213
57 Mathes Company, Inc. 0.12% of their portfolio New York, NY 18,25018.2k $322.0k $322.0k 0.12% Unchanged
58 Kovack Advisors, Inc. 0.02% of their portfolio FT. LAUDERDALE, FL 18,08118.1k $318.8k $318.8k 0.02% Reduced -1.0k -1,000
59 RVW Wealth, LLC 0.02% of their portfolio LOS ANGELES, CA 17,84917.8k $314.7k $314.7k 0.02% Unchanged
60 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 17,19517.2k $305.0k $305.0k 0.00% Reduced -1.7k -1,727
61 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 16,87116.9k $297.4k $297.4k 0.00% Reduced -30.1k -30,094
62 SILVER OAK SECURITIES, INCORPORATED 0.02% of their portfolio JACKSON, TN 15,15215.2k $267.1k $267.1k 0.02% Added +1.7k +1,677
63 Morey & Quinn Wealth Partners, LLC 0.19% of their portfolio OMAHA, NE 14,79214.8k $260.8k $260.8k 0.19% Unchanged
64 INTEGRITY ALLIANCE, LLC. 0.01% of their portfolio Urbandale, IA 14,38614.4k $253.6k $253.6k 0.01% Unchanged
65 Gateway Wealth Partners, LLC 0.01% of their portfolio APPLETON, WI 14,17614.2k $249.9k $249.9k 0.01% New
66 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 14,09514.1k $248.0k $248.0k 0.00% Reduced -840 -840
67 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 14,03614.0k $247.5k $247.5k 0.00% Added +277 +277
68 CONSOLIDATED CAPITAL MANAGEMENT, LLC 0.08% of their portfolio BURBANK, CA 13,66113.7k $240.8k $240.8k 0.08% Added +1.1k +1,090
69 CHOREO, LLC 0.00% of their portfolio ROCKFORD, IL 12,92212.9k $227.8k $227.8k 0.00% Added +2.7k +2,684
70 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 11,80211.8k $208.1k $208.1k 0.00% Added +1.7k +1,687
71 UHLMANN PRICE SECURITIES, LLC 0.01% of their portfolio SKOKIE, IL 11,48811.5k $202.5k $202.5k 0.01% Added +245 +245
72 Independent Advisor Alliance 0.00% of their portfolio CHARLOTTE, NC 11,17711.2k $197.0k $197.0k 0.00% New
73 Sterneck Capital Management, LLC 0.09% of their portfolio KANSAS CITY, MO 10,87810.9k $191.8k $191.8k 0.09% Unchanged
74 Icon Wealth Advisors, LLC 0.01% of their portfolio HOUSTON, TX 10,58810.6k $193.5k $193.5k 0.01% Unchanged
75 Spire Wealth Management 0.01% of their portfolio MCLEAN, VA 8,4588.5k $149.1k $149.1k 0.01% Added +1.0k +1,000
76 HOLLENCREST CAPITAL MANAGEMENT 0.01% of their portfolio NEWPORT BEACH, CA 7,9007.9k $139.3k $139.3k 0.01% Unchanged
77 FIRST FINANCIAL CORP /IN/ 0.04% of their portfolio TERRE HAUTE, IN 5,9335.9k $104.6k $104.6k 0.04% Reduced -1.9k -1,911
78 GILL CAPITAL PARTNERS, LLC 0.03% of their portfolio DENVER, CO 5,9235.9k $104.4k $104.4k 0.03% New
79 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 5,1795.2k $91.3k $91.3k 0.00% Unchanged
80 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 3,7943.8k $66.9k $66.9k 0.00% Unchanged
81 Pinnacle Wealth Planning Services, Inc. 0.01% of their portfolio MANSFIELD, OH 3,4733.5k $61.2k $61.2k 0.01% Added +596 +596
82 Colonial Trust Co / SC 0.01% of their portfolio SPARTANBURG, SC 3,1753.2k $54.7k $54.7k 0.01% Unchanged
83 WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio CHICAGO, IL 2,9553.0k $52.1k $52.1k 0.00% New
84 Advisory Services Network, LLC 0.00% of their portfolio ATLANTA, GA 2,7652.8k $48.7k $48.7k 0.00% New
85 AMERIFLEX GROUP, INC. 0.02% of their portfolio LAS VEGAS, NV 2,6002.6k $45.8k $45.8k 0.02% Unchanged
86 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 2,5602.6k $45.1k $45.1k 0.00% Unchanged
87 ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio CHICAGO, IL 2,4002.4k $42.3k $42.3k 0.00% Added +2.0k +2,000
88 CALDWELL SUTTER CAPITAL, INC. 0.01% of their portfolio SAUSALITO, CA 2,0502.0k $36.1k $36.1k 0.01% Unchanged
89 Ascentis Independent Advisors 0.00% of their portfolio DALLAS, TX 1,9251.9k $34.0k $34.0k 0.00% New
90 Thomas J. Herzfeld Advisors, Inc. 0.01% of their portfolio MIAMI BEACH, FL 1,7621.8k $31.1k $31.1k 0.01% Reduced -30 -30
91 WPG Advisers, LLC 0.02% of their portfolio BALTIMORE, MD 1,5331.5k $27.0k $27.0k 0.02% Added +380 +380
92 Larson Financial Group LLC 0.00% of their portfolio ST LOUIS, MO 1,5001.5k $26.4k $26.4k 0.00% Unchanged
93 Golden State Wealth Management, LLC 0.00% of their portfolio SANTA ANA, CA 1,5001.5k $26.4k $26.4k 0.00% Unchanged
94 Main Street Group, LTD 0.01% of their portfolio GLEN ALLEN, VA 1,4501.4k $25.6k $25.6k 0.01% New
95 Anchor Investment Management, LLC 0.00% of their portfolio COLUMBIA, SC 1,3751.4k $24.2k $24.2k 0.00% Unchanged
96 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 1,3081.3k $23.1k $23.1k 0.00% Unchanged
97 Wilmington Savings Fund Society, FSB 0.00% of their portfolio WILMINGTON, DE 1,1751.2k $20.7k $20.7k 0.00% Unchanged
98 North Star Investment Management Corp. 0.00% of their portfolio CHICAGO, IL 1,0501.1k $18.5k $18.5k 0.00% Unchanged
99 SOA Wealth Advisors, LLC. 0.00% of their portfolio NEW YORK, NY 753753 $13.3k $13.3k 0.00% Added +16 +16
100 Aspect Partners, LLC 0.01% of their portfolio FAIRFAX, VA 750750 $13.2k $13.2k 0.01% Unchanged