First Trust Sets FPEI’s October Distribution at $0.0955 Per Share

First Trust Advisors L.P. set FPEI’s October payout at $0.0955 a share, with payment due Oct. 30, establishing the fund’s next monthly distribution for shareholders. The schedule lists Oct. 21 as both the expected ex-dividend date and record date. The announced amount is designated as ordinary income, though final tax treatment for 2026 distributions will be determined after year-end. First Trust Institutional Preferred Securities and Income ETF trades on NYSE Arca under ticker FPEI and is actively managed. It targets current income and total return.

Source: TokenPost