First Trust ETF Sets October Distribution at $0.1375 Per Share

First Trust Advisors L.P. set an Oct. 30 payment for First Trust Income Opportunities ETF (FCEF), keeping its monthly distribution at $0.1375 per share for a second consecutive month.

FCEF’s October amount matches its September distribution. Oct. 14 served as both the ex-dividend date and the record date for this payment.

FCEF is an actively managed fund that invests in closed-end funds and ETFs traded on U.S. exchanges. Its investment objective prioritizes current income, with total return as a secondary aim.

The distribution is listed as ordinary income per share. Its final tax character is determined after year-end and may include realized short-term capital gains or return of capital.