First Trust Mortgage Income Fund Declares its Monthly Common Share Distribution of $0.075 Per Share for April
First Trust Mortgage Income Fund (NYSE: FMY) has announced its monthly common share distribution of $0.075 per share for April 2025. The distribution will be payable on April 15, 2025, to shareholders of record as of April 1, 2025, with an expected ex-dividend date of April 1, 2025.
The Fund is a diversified, closed-end management investment company focusing on providing high current income and capital preservation. It primarily invests in mortgage-backed securities from residential or commercial mortgage loans. First Trust Advisors L.P. serves as the Fund's investment advisor, managing approximately $266 billion in assets as of February 28, 2025.
First Trust Mortgage Income Fund (NYSE: FMY) ha annunciato la sua distribuzione mensile di azioni ordinarie di $0,075 per azione per aprile 2025. La distribuzione sarà pagabile il 15 aprile 2025, agli azionisti registrati al 1 aprile 2025, con una data di stacco prevista per il 1 aprile 2025.
Il Fondo è una società di investimento chiusa e diversificata, focalizzata sulla fornitura di un alto reddito attuale e sulla preservazione del capitale. Investisce principalmente in titoli garantiti da ipoteche su prestiti ipotecari residenziali o commerciali. First Trust Advisors L.P. funge da consulente per gli investimenti del Fondo, gestendo circa $266 miliardi in attivi al 28 febbraio 2025.
First Trust Mortgage Income Fund (NYSE: FMY) ha anunciado su distribución mensual de acciones ordinarias de $0.075 por acción para abril de 2025. La distribución se pagará el 15 de abril de 2025, a los accionistas registrados hasta el 1 de abril de 2025, con una fecha de ex-dividendo esperada para el 1 de abril de 2025.
El Fondo es una compañía de inversión cerrada y diversificada, enfocada en proporcionar altos ingresos actuales y preservación de capital. Invierte principalmente en valores respaldados por hipotecas de préstamos hipotecarios residenciales o comerciales. First Trust Advisors L.P. actúa como asesor de inversiones del Fondo, gestionando aproximadamente $266 mil millones en activos al 28 de febrero de 2025.
퍼스트 트러스트 모기지 소득 펀드 (NYSE: FMY)는 2025년 4월에 대한 월간 보통주 배당금을 주당 $0.075로 발표했습니다. 배당금은 2025년 4월 15일에 지급되며, 2025년 4월 1일 기준의 주주에게 지급됩니다. 배당락일은 2025년 4월 1일로 예상됩니다.
이 펀드는 고수익과 자본 보존을 제공하는 데 중점을 둔 다각화된 폐쇄형 관리 투자 회사입니다. 주로 주택 또는 상업용 모기지 대출에서 발생한 모기지 담보 증권에 투자합니다. 퍼스트 트러스트 어드바이저스 L.P.는 펀드의 투자 자문사로, 2025년 2월 28일 기준으로 약 $2660억 자산을 관리하고 있습니다.
First Trust Mortgage Income Fund (NYSE: FMY) a annoncé sa distribution mensuelle d'actions ordinaires de $0,075 par action pour avril 2025. La distribution sera payable le 15 avril 2025, aux actionnaires enregistrés au 1er avril 2025, avec une date de détachement de dividende prévue pour le 1er avril 2025.
Le Fonds est une société d'investissement fermée et diversifiée, axée sur la fourniture d'un revenu courant élevé et la préservation du capital. Il investit principalement dans des titres adossés à des hypothèques issus de prêts hypothécaires résidentiels ou commerciaux. First Trust Advisors L.P. agit en tant que conseiller en investissements du Fonds, gérant environ $266 milliards d'actifs au 28 février 2025.
First Trust Mortgage Income Fund (NYSE: FMY) hat seine monatliche Ausschüttung von Stammaktien in Höhe von $0,075 pro Aktie für April 2025 angekündigt. Die Ausschüttung wird am 15. April 2025 an die Aktionäre ausgezahlt, die am 1. April 2025 im Aktienregister stehen, mit einem voraussichtlichen Ex-Dividenden-Datum am 1. April 2025.
Der Fonds ist eine diversifizierte, geschlossene Investmentgesellschaft, die sich auf die Bereitstellung von hohen laufenden Erträgen und Kapitalerhalt konzentriert. Er investiert hauptsächlich in hypothekenbesicherte Wertpapiere aus Wohn- oder Gewerbeimmobilienkrediten. First Trust Advisors L.P. fungiert als Anlageberater des Fonds und verwaltet zum 28. Februar 2025 etwa $266 Milliarden an Vermögenswerten.
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A portion of this distribution may come from net investment income, net short-term realized capital gains or return of capital. The final determination of the source and tax status of all distributions paid in 2025 will be made after the end of 2025 and will be provided on Form 1099-DIV.
The Fund is a diversified, closed-end management investment company that seeks to provide a high level of current income. As a secondary objective, the Fund seeks to preserve capital. The Fund pursues these investment objectives by investing primarily in mortgage-backed securities representing part ownership in a pool of either residential or commercial mortgage loans that, in the opinion of the Fund's portfolio managers, offer an attractive combination of credit quality, yield and maturity.
First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor. FTA and its affiliate First Trust Portfolios L.P. ("FTP"), a FINRA registered broker-dealer, are privately-held companies that provide a variety of investment services. FTA has collective assets under management or supervision of approximately
Principal Risk Factors: Risks are inherent in all investing. Certain risks applicable to the Fund are identified below, which includes the risk that you could lose some or all of your investment in the Fund. The principal risks of investing in the Fund are spelled out in the Fund's annual shareholder reports. The order of the below risk factors does not indicate the significance of any particular risk factor. The Fund also files reports, proxy statements and other information that is available for review.
Past performance is no assurance of future results. Investment return and market value of an investment in the Fund will fluctuate. Shares, when sold, may be worth more or less than their original cost. There can be no assurance that the Fund's investment objectives will be achieved. The Fund may not be appropriate for all investors.
Market risk is the risk that a particular investment, or shares of a fund in general may fall in value. Investments held by the Fund are subject to market fluctuations caused by real or perceived adverse economic conditions, political events, regulatory factors or market developments, changes in interest rates and perceived trends in securities prices. Shares of a fund could decline in value or underperform other investments as a result. In addition, local, regional or global events such as war, acts of terrorism, market manipulation, government defaults, government shutdowns, regulatory actions, political changes, diplomatic developments, the imposition of sanctions and other similar measures, spread of infectious disease or other public health issues, recessions, natural disasters or other events could have significant negative impact on a fund and its investments.
Current market conditions risk is the risk that a particular investment, or shares of the fund in general, may fall in value due to current market conditions. For example, changes in governmental fiscal and regulatory policies, disruptions to banking and real estate markets, actual and threatened international armed conflicts and hostilities, and public health crises, among other significant events, could have a material impact on the value of the fund's investments.
The debt securities in which the Fund invests are subject to certain risks, including issuer risk, reinvestment risk, prepayment risk, credit risk, interest rate risk and liquidity risk. Issuer risk is the risk that the value of fixed-income securities may decline for a number of reasons which directly relate to the issuer. Reinvestment risk is the risk that income from the Fund's portfolio will decline if the Fund invests the proceeds from matured, traded or called bonds at market interest rates that are below the Fund portfolio's current earnings rate. Prepayment risk is the risk that, upon a prepayment, the actual outstanding debt on which the Fund derives interest income will be reduced. Credit risk is the risk that an issuer of a security will be unable or unwilling to make dividend, interest and/or principal payments when due and that the value of a security may decline as a result. Interest rate risk is the risk that fixed-income securities will decline in value because of changes in market interest rates. Liquidity risk is the risk that illiquid and restricted securities may be difficult to value and to dispose of at a fair price at the times when the Fund believes it is desirable to do so.
A mortgage-backed security may be negatively affected by the quality of the mortgages underlying such security and the structure of its issuer. For example, if a mortgage underlying a particular mortgage-backed security defaults, the value of that security may decrease. Moreover, a downturn in the markets for residential or commercial real estate or a general economic downturn could negatively affect both the price and liquidity of privately issued mortgage-backed securities. A portion of the Fund's managed assets may be invested in subordinated classes of mortgage-backed securities. Such subordinated classes are subject to a greater degree of non-payment risk than are senior classes of the same issuer or agency.
Investments in asset-backed or mortgage-backed securities offered by non-governmental issuers, such as commercial banks, savings and loans, private mortgage insurance companies, mortgage bankers and other secondary market issuers are subject to additional risks.
The primary risks associated with the use of futures contracts are (a) the imperfect correlation between the change in market value of the instruments or indices underlying the futures contracts and the price of the futures contracts; (b) possible lack of a liquid secondary market for a futures contract and the resulting inability to close a futures contract when desired; (c) losses caused by unanticipated market movements, which are potentially unlimited; (d) the investment adviser's inability to predict correctly the direction of securities prices, interest rates, currency exchange rates and other economic factors; and (e) the possibility that the counterparty will default in the performance of its obligations.
If a security sold short increases in price, the Fund may have to cover its short position at a higher price than the short sale price, resulting in a loss.
Repurchase agreements are subject to the risk of failure. If the Fund's counterparty defaults on its obligations and the Fund is delayed or prevented from recovering the collateral, or if the value of the collateral is insufficient, the Fund may realize a loss.
Use of leverage can result in additional risk and cost, and can magnify the effect of any losses.
The risks of investing in the Fund are spelled out in the shareholder reports and other regulatory filings.
The information presented is not intended to constitute an investment recommendation for, or advice to, any specific person. By providing this information, First Trust is not undertaking to give advice in any fiduciary capacity within the meaning of ERISA, the Internal Revenue Code or any other regulatory framework. Financial professionals are responsible for evaluating investment risks independently and for exercising independent judgment in determining whether investments are appropriate for their clients.
The Fund's daily closing New York Stock Exchange price and net asset value per share as well as other information can be found at https://www.ftportfolios.com or by calling 1-800-988-5891.
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Source: First Trust Mortgage Income Fund