First Trust Motgage Income Fund of Beneficial Interest

Symbol: FMY     Sector: Financial Services     Industry: Asset Management

Dividend Yield
Current Price
Info     Dividend Rate History     Financials     Rankings

Dividend Data

Dividend Yield:5.12%
Dividend per Share:$ 0.7200
Next Ex-Div Date:2019-06-03
Next Div Payout:$ 0.0600
Payment Schedule:Monthly-
Payout Ratio (ttm)n.a.
Ø 3yr Growth Rate-6.06 %+0.52%
Ø 5yr Growth Rate-6.58 %-

Stock Data

Type:Common Stock
Exchange:New York Stock Exchange
Current Price (*):$ 14.05
Week 52 high:$ 13.77
Week 52 low:$ 12.74
Marketcap$ 58,014,594
Return on Equity0.00 %
P/E Ratio high0.00
P/E Ratio low0.00

General Info

About: It is a diversified investment company that seeks a high level of current income. As a secondary objective it seeks to preserve capital. It will invest primarily in mortgage-backed securities (MBS) of residential and commercial loans. These securities may be issued by government agencies, private originators or issuers, in the form of pass-through certificates, collateralised mortgage obligations, residential mortgage-backed securities or commercial mortgage-backed securities. Normally it will invest at least 80% of its managed assets in MBS. It may invest up to 20% in US government securities, or cash or other short-term instruments, and may invest up to 10% in other mortgage-related assets that represent interest in real estate. It will invest all of its managed assets in investment grade quality securities that are rated within the three highest investment grades.

Tags:  Asset Management    Financial Services