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

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/37533
Published: 2026-10-22T05:44:38.000Z
Updated: 2026-10-22T05:44:38.000Z
Section: Investing

> The schedule lists Oct. 21 as the expected ex-dividend and record date, with payment due Oct. 30.

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.

In normal markets, at least 80% of the fund’s net assets, including investment borrowings, is allocated to institutional preferred securities and income-producing debt securities.