# First Trust Managed Futures Strategy Fund (FMF) — Dividends

FMF · NYSE · Fund

Canonical page: https://www.lighthorse.io/tickers/fmf/dividends

## Dividend summary

| Metric | Value |
| --- | --- |
| Frequency | quarterly |
| Trailing 12 months | $2.48 |
| Forward yield | 4.78% |
| Growth streak | 2 years |

First Trust Managed Futures Strategy Fund pays distributions on a quarterly schedule. Over the trailing 12 months, the fund distributed $2.4846 per share, representing a [yield](/instructions/learning/dividend-yield) of 4.71% at a share price of $52.78. The most recent distribution was $0.2315 per share, with an [ex-distribution date](/instructions/learning/ex-dividend-date) of September 24, 2026, and a payment date of September 30, 2026. Earlier 2026 quarterly distributions were $0.1868 per share in March and $0.2296 per share in June.

Distribution amounts vary each period, with larger payouts occurring at year-end. The December 2025 distribution reached $1.8367 per share, compared to $1.3394 in December 2024 and $0.4144 in December 2023. Prior to 2023, distributions were paid once or twice per year, with annual totals of $0.4493 per share in 2019, $0.0074 in 2020, $1.4927 in 2021, and $0.1936 in 2022. For complete calendar years, total distributions grew from $1.4247 per share in 2023 to $2.3057 in 2024 and $2.6332 in 2025, representing a two-year growth streak.

If the quarterly schedule holds, the fund's next distribution would occur in December 2026.

## Payment history

| Ex-date | Pay date | Amount per share |
| --- | --- | --- |
| Sep 24, 2026 | Sep 30, 2026 | $0.23 |
| Jun 25, 2026 | Jun 30, 2026 | $0.23 |
| Mar 26, 2026 | Mar 31, 2026 | $0.19 |
| Dec 16, 2025 | Dec 31, 2025 | $1.84 |
| Sep 25, 2025 | Sep 30, 2025 | $0.27 |
| Jun 26, 2025 | Jun 30, 2025 | $0.28 |
| Mar 27, 2025 | Mar 31, 2025 | $0.24 |
| Dec 17, 2024 | Dec 31, 2024 | $1.34 |
| Sep 26, 2024 | Sep 30, 2024 | $0.23 |
| Jun 27, 2024 | Jun 28, 2024 | $0.39 |
| Mar 21, 2024 | Mar 28, 2024 | $0.35 |
| Dec 15, 2023 | Dec 29, 2023 | $0.41 |
| Sep 22, 2023 | Sep 29, 2023 | $0.38 |
| Jun 27, 2023 | Jun 30, 2023 | $0.35 |
| Mar 24, 2023 | Mar 31, 2023 | $0.28 |
| Dec 15, 2022 | Dec 30, 2022 | $0.19 |
| Jun 24, 2022 | Jun 30, 2022 | $0.00 |
| Dec 23, 2021 | Dec 31, 2021 | $1.49 |
| Jun 24, 2021 | Jun 30, 2021 | $0.00 |
| Dec 24, 2020 | Dec 31, 2020 | $0.01 |

## Frequently Asked Questions

### Does First Trust Managed Futures Strategy Fund (FMF) pay a distribution?

Yes. First Trust Managed Futures Strategy Fund pays a quarterly distribution; the most recent payment was $0.23 per share.

### What is FMF's distribution yield?

First Trust Managed Futures Strategy Fund paid $2.48 per share over the trailing twelve months, a yield of 4.78% at the last price of $51.93. [Click here to learn more](https://www.lighthorse.io/instructions/learning/dividend-yield)

### When is FMF's most recent ex-distribution date?

First Trust Managed Futures Strategy Fund's most recent ex-distribution date is Sep 24, 2026, payable on Sep 30, 2026.

### What is the difference between ex and payment dates?

An ex-date is the cutoff day for ownership, the payment date is when the distribution actually happens. [Click here to learn more](https://www.lighthorse.io/instructions/learning/ex-dividend-date)

### Has FMF been raising its distribution?

Yes — First Trust Managed Futures Strategy Fund has increased its distribution for 2 consecutive calendar years.

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Dividend amounts and dates are supplied by third parties and may be revised. Declaring, raising, cutting or suspending a dividend is entirely at the issuer’s discretion, and scheduled dates are estimates until declared. A past record of payments does not mean future payments will be made. Nothing here suggests trading around a distribution.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).