FIRST TRUST MORTGAGE INCOME FUND closed at $11.28 on Sep 28, up 0.58%, within 2.4% of its 52-week closing low. Volume of 4.9K shares was 1.23× its 20-day average (close to normal).
Split-adjusted performance: -3.7% over one month, -2.8% over six months.
Short interest was 5.0K shares at the Sep 15 settlement, up 87.0% from the prior report (1.4 days to cover).
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Quick answers
What does FIRST TRUST MORTGAGE INCOME FUND do?
First Trust Mortgage Income Fund is a United States-based diversified, closed-end management investment company. The fund's primary investment objective is to seek a high level of current income.
What is FMY's market cap?
$47.50M, based on the Sep 28 close of $11.28.
Does FIRST TRUST MORTGAGE INCOME FUND pay a dividend?
Yes. The latest regular dividend was $0.065 per share (ex-date Sep 1), an annualised yield of 6.92%.
About FIRST TRUST MORTGAGE INCOME FUND
First Trust Mortgage Income Fund is a United States-based diversified, closed-end management investment company. The fund's primary investment objective is to seek a high level of current income. Its secondary investment objective is to preserve capital. The fund pursues its objectives by investing predominantly 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 investment advisor, offer an attractive combination of credit quality, yield, and maturity.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology
