First Trust HISF Sets October Distribution at $0.1840 Per Share

First Trust High Income Strategic Focus ETF (HISF) declared a $0.1840-per-share distribution for October, with payment scheduled for Oct. 30. The fund is listed on Nasdaq.

Oct. 21 was listed as the expected ex-dividend date and record date. The distribution is classified as ordinary income, but its final tax character will be determined after year-end.

HISF’s primary objective is risk-adjusted income, with capital appreciation as a secondary objective. It invests in U.S.-listed exchange-traded funds through a model designed to generate income from a mix of fixed-income assets.