First Trust Tax-Advantaged Preferred Income Fund (the "Fund") (AMEX: FPI) announced today that the issuer of one of its portfolio securities, Irwin Financial Corporation ("Irwin") (NYSE: IFC), issued a news release announcing that Irwin suspended quarterly dividends on its common, preferred and trust preferred securities. The Fund currently holds $6,000,000 liquidation value of Irwin's Series A ...
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