From TokenPost · · 40s
First Trust Keeps FSMB’s October Distribution at $0.054
First Trust’s municipal bond fund maintains $0.054 per share October payout.
In brief
First Trust’s municipal bond fund maintains $0.054 per share October payout. First Trust’s FSMB fund keeps October distribution at $0.054 per share unchanged from September. Originally reported by TokenPost.
First Trust Sets FSMB October Distribution
First Trust Advisors L.P. set the First Trust Short Duration Managed Municipal ETF’s October distribution at $0.054 per share, unchanged from September.
Payment Scheduled for Oct. 30
Payment is scheduled for Oct. 30 with the ex-dividend date listed Oct. 21 and record date.
FSMB’s Tax Treatment Clarified
The payment is classified as ordinary income per share, but final tax treatment will be determined after year-end.
The takeaway
First Trust’s FSMB fund keeps October distribution at $0.054 per share unchanged from September.
