FMY News and Press, First Trust Motgage Income Fund of Beneficial Interest From 03/22/20

The significant turmoil seen in financial markets over the past couple of weeks has led some investors to use the U.S. mortgage market as a source of liquidity, pushing valuations down to levels that have brought back memories of 2008. The recent dislocation is one of the most rapid and severe...

(This article was published to members of Yield Hunting on March 12th. All data herein is from that date. We have recently updated this analysis for members.) The down move in the markets definitely shows how funds are positioned and how they will react to a 'liquidity crisis'. The data he...

First Trust Mortgage Income Fund (the "Fund") (NYSE: FMY) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.06 per share payable on February 18, 2020, to shareholders of record as of February 4, 2020. The ex-dividend date is expected to b...

Private credit, leveraged lending, and high-yield debt will be vulnerable if the U.S. economy slows further instead of picking up during the year as Pimco expects, the investment firm said in its 2020 outlook. More news on: Invesco Senior Loan ETF, Blackstone/GSO Strategic Credit Fund, Voy...

Intense competition among ratings firms is allowing issuers of speculative commercial real-estate loans to choose the firm that gives its debt the most favorable ratings, the Wall Street Journal . More news on: Arbor Realty Trust, Inc., Moody's Corporation, Morningstar, Inc., Financial st...

First Trust Mortgage Income Fund (the "Fund") (NYSE: FMY) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.06 per share payable on December 16, 2019, to shareholders of record as of December 3, 2019. The ex-dividend date is expected to b...

Morgan Stanley mortgage-backed securities analysts change their recommendatio n on the sector to overweight from neutral, citing attractive starting valuations and a supportive rate outlook, writes Christopher Maloney for Bloomberg. More news on: Western Asset Mortgage Defined Opportunity...

30-year fixed-rate mortgage averages 3.78% for the week ending Oct. 31, 2019, up from 3.75% in the previous week and 4.83% at this time a year ago, according to the Freddie Mac Primary Mortgage Market Survey. More news on: iShares U.S. Home Construction ETF, SPDR Homebuilders ETF, ETF S...

First Trust Mortgage Income Fund (the "Fund") (NYSE: FMY) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.06 per share payable on October 15, 2019, to shareholders of record as of October 2, 2019. The ex-dividend date is expected to be ...

256 commercial mortgage-backed securities totaling ~$6.9B have potential exposure to Hurricane Dorian, according to Morgan Stanley analysts. More news on: Principal Real Estate Inc Fund, Nuveen Mortgage Opportunity Term Fund, iShares Trust - iShares CMBS ETF, Financial stocks news, News on...