First Trust Sets FCVT October Distribution at $0.045 Per Share

First Trust Advisors L.P. declared an October distribution of $0.045 per share for First Trust SSI Strategic Convertible Securities ETF (FCVT), keeping the fund’s monthly payout at the same level it had for each of the first nine months of 2026. The schedule lists Oct. 21 as the expected ex-dividend date and record date. Shareholders are due to receive the distribution on Oct. 30. The actively managed ETF seeks total return. Under normal market conditions, it invests at least 80% of its net assets in a diversified portfolio of convertible securities from U.S. and non-U.S. issuers.

Source: TokenPost