First Trust Portfolios L.P., First Trust Advisors L.P., and The Charger Corporation filed a joint Schedule 13G with the SEC on October 30, 2026, disclosing beneficial ownership of common shares in Vistance Networks Inc. as of September 30, 2026.

Key Highlights

  • Aggregate beneficial ownership: Each of the three reporting persons disclosed beneficial ownership of 16,599,236 shares of Vistance Networks Inc. common stock.
  • Percent of class: The 16,599,236 shares represent 7.20% of the issuer's outstanding common shares, according to the filing.
  • Shared dispositive power: All three reporting persons report shared power to dispose of 16,599,236 shares; sole voting and sole dispositive power are each reported as 0.
  • Shared voting power: First Trust Advisors L.P. and The Charger Corporation each report shared voting power over 16,509,878 shares; First Trust Portfolios L.P. reports shared voting power of 0.
  • Unit investment trusts: The filing states that 89,358 shares are held by unit investment trusts sponsored by First Trust Portfolios L.P., with voting directed by the trustee, not the reporting persons.
  • Beneficial ownership disclaimed: "Each of First Trust Portfolios L.P., First Trust Advisors L.P. and The Charger Corporation disclaims beneficial ownership of the shares of the issuer identified in this filing," according to the filing.

First Trust Entities Disclose Joint 7.20% Position in Vistance Networks Common Stock

Three affiliated Illinois-based entities, First Trust Portfolios L.P., First Trust Advisors L.P., and The Charger Corporation, jointly filed a Schedule 13G disclosing their aggregate beneficial ownership in Vistance Networks Inc. (NASDAQ:VISN). The triggering event date is listed as September 30, 2026, and the filing was signed on October 30, 2026. The Charger Corporation is identified in the filing as the general partner of both First Trust Portfolios L.P. and First Trust Advisors L.P.

According to the filing, First Trust Portfolios L.P. acts as sponsor of certain unit investment trusts that hold shares of the issuer, with 89,358 shares attributable to those trusts under its shared dispositive power. The filing states that "neither First Trust Portfolios L.P., First Trust Advisors L.P. nor The Charger Corporation have the power to vote the shares of the issuer held by these unit investment trusts," noting that such shares are voted by the trustee to mirror the voting of other shareholders as closely as possible. First Trust Advisors L.P. acts as portfolio supervisor of those unit investment trusts and also serves as investment advisor or sub-advisor for other registered investment companies, pooled vehicles, and separately managed accounts holding issuer shares.

The filing was made jointly pursuant to Rule 13d-1(k)(1) and includes a certification that the securities "were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer." Each reporting person signed by James M. Dykas, identified as Chief Financial Officer for First Trust Portfolios L.P. and First Trust Advisors L.P., and as Chief Financial Officer and Treasurer for The Charger Corporation. A joint filing agreement is referenced as Exhibit 99.1.

What Was Disclosed

Three affiliated First Trust entities filed a Schedule 13G reporting combined beneficial ownership of 16,599,236 shares, or 7.20%, of Vistance Networks Inc. common stock as of September 30, 2026, while each disclaiming beneficial ownership of those shares.