FMY News and Press, First Trust Motgage Income Fund of Beneficial Interest From 09/03/23

2023-09-03 00:28:22 ET Summary We review CEF market valuation and performance through the fourth week of August and highlight recent market action. CEFs were down with Munis underperforming due to the continued rise in Treasury yields. Coverage of leverage CEFs continues to st...

2023-08-21 22:22:17 ET More on First Trust Mortgage Income Fund Fitch examines how work-from-home will impact CMBS credit ratings Commercial real estate, business debt cause concern in Fed report Commercial real estate reckoning looms in 2021 for $430B in debt set to...

First Trust Mortgage Income Fund (the "Fund") (NYSE: FMY) has increased its regularly scheduled monthly common share distribution to $0.0625 per share from $0.055 per share. The distribution will be payable on September 15, 2023, to shareholders of record as of September 5, 2023. The ex-dividend ...

2023-03-27 06:06:08 ET Summary DMO is invested in mortgages, both residential and commercial MBS, as well as other mortgage-related debt securities. With all the uncertainty, a wider discount could be appropriate as credit risks become a real issue. At the same time, we are no...

Summary The January Effect boosted the valuation of most areas of the closed-end fund market. Taxable bond CEFs have rallied strongly while leaving munis behind. We think this is an opportunity for investors for 2023, as credit spreads are likely to widen, dragging down taxable bond NAV...

First Trust Mortgage Income Fund (the "Fund") (NYSE: FMY) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.055 per share payable on March 15, 2023, to shareholders of record as of March 3, 2023. The ex-dividend date is expected to be March 2...

Summary DMO was a fund brought up recently that has interested me in the past, but one that I've never covered. Over the long-term, this is the best-performing mortgage fund, but other timeframes reflect mixed results. At a large discount, the fund could be more compelling than its ...

First Trust Mortgage Income Fund (the "Fund") (NYSE: FMY) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.055 per share payable on November 15, 2022, to shareholders of record as of November 2, 2022. The ex-dividend date is expect...

First Trust Mortgage Income Fund (the "Fund") (NYSE: FMY) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.055 per share payable on September 15, 2022, to shareholders of record as of September 2, 2022. The ex-dividend date is expe...

Today, the US economy can be characterized by late cycle (perhaps even end cycle) with a stagflationary regime. A stagflationary regime is one where there is high and rising inflation combined with low or negative growth. Investing during this regime can be difficult. Eventually, ...