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First Trust Sets FUMB’s October Distribution
First Trust Ultra Short Duration Municipal ETF (FUMB) pays $0.044 per share monthly.
In brief
First Trust Ultra Short Duration Municipal ETF (FUMB) pays $0.044 per share monthly. First Trust sets FUMB’s October distribution at $0.044 per share, matching September’s payout. Originally reported by TokenPost.
First Trust Sets FUMB’s October Distribution
First Trust Advisors L.P. declared a $0.044-per-share October distribution for First Trust Ultra Short Duration Municipal ETF (FUMB) on Tuesday, Oct. 20, matching September’s payout and keeping the monthly amount unchanged.
Distribution Dates and Payment Schedule
The fund listed Wednesday, Oct. 21, as the expected ex-dividend and record date. Its September distribution of $0.044 per share was paid Sept. 30. Payment of the October distribution is scheduled for Oct. 30.
FUMB’s Tax-Exempt Investment Strategy
FUMB seeks federally tax-exempt income consistent with capital preservation. Under normal market conditions, it aims to invest at least 80% of its net assets, including investment borrowings, in municipal debt whose interest is exempt from…
What matters most
First Trust sets FUMB’s October distribution at $0.044 per share, matching September’s payout.
