# First Trust Sets FCVT October Distribution at $0.045 Per Share

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/37540
Published: 2026-10-22T05:53:12.000Z
Updated: 2026-10-22T05:53:12.000Z
Section: Investing

> Shareholders are due to receive the payment Oct. 30. The fund’s monthly distributions from January through September were also $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.

The October payment carries an ordinary-income classification per share. Its final tax treatment for 2026 will be determined after year-end. Ordinary distributions may include realized short-term capital gains or a return of capital.