First Trust Mortgage Income Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
1.0%
1 yr return
2.5%
3 Yr Avg Return
-3.7%
5 Yr Avg Return
-3.1%
Net Assets
$54.1 M
Holdings in Top 10
18.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.31%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 67.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Closed-end mutual fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
XFMYX - Profile
Distributions
- YTD Total Return 1.0%
- 3 Yr Annualized Total Return -3.7%
- 5 Yr Annualized Total Return -3.1%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 3.11%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameFirst Trust Mortgage Income Fund
-
Fund Family NameFirst Trust Advisors L.P.
-
Inception DateJun 03, 2005
-
Shares Outstanding4213115
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJeremiah Charles
Fund Description
XFMYX - Performance
Return Ranking - Trailing
Period | XFMYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.0% | -6.5% | 5.7% | 59.66% |
1 Yr | 2.5% | -9.3% | 24.0% | 91.96% |
3 Yr | -3.7%* | -16.7% | 18.1% | 93.66% |
5 Yr | -3.1%* | -13.0% | 15.2% | 94.75% |
10 Yr | -0.4%* | -13.4% | 6.7% | 95.51% |
* Annualized
Return Ranking - Calendar
Period | XFMYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.5% | -12.0% | 15.7% | 33.49% |
2022 | -12.0% | -31.8% | 18.4% | 41.77% |
2021 | -4.0% | -26.6% | 25.7% | 87.42% |
2020 | -3.0% | -49.2% | 18.7% | 82.33% |
2019 | -1.1% | -35.1% | 15.3% | 96.76% |
Total Return Ranking - Trailing
Period | XFMYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.0% | -6.5% | 5.7% | 59.66% |
1 Yr | 2.5% | -9.3% | 24.0% | 91.96% |
3 Yr | -3.7%* | -16.7% | 18.1% | 93.66% |
5 Yr | -3.1%* | -13.0% | 15.2% | 94.75% |
10 Yr | -0.4%* | -13.4% | 6.7% | 95.51% |
* Annualized
Total Return Ranking - Calendar
Period | XFMYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.5% | -7.0% | 22.2% | 90.28% |
2022 | -12.0% | -31.8% | 21.1% | 75.95% |
2021 | -4.0% | -13.5% | 49.9% | 96.57% |
2020 | -3.0% | -28.6% | 24.1% | 91.70% |
2019 | 1.3% | -4.8% | 19.1% | 98.10% |
NAV & Total Return History
XFMYX - Holdings
Concentration Analysis
XFMYX | Category Low | Category High | XFMYX % Rank | |
---|---|---|---|---|
Net Assets | 54.1 M | 2.32 M | 127 B | 91.47% |
Number of Holdings | 179 | 2 | 10577 | 73.44% |
Net Assets in Top 10 | 10.4 M | -1.57 B | 65.8 B | 93.78% |
Weighting of Top 10 | 18.02% | 0.7% | 170.6% | 76.39% |
Top 10 Holdings
- MStanley Cap I Tr 1.53% 2.97%
- Lstar Commercial Mortgage Trust 2017-5 4.69023% 2.48%
- Federal Home Loan Mortgage Corporation 1.31% 2.32%
- Federal Home Loan Mortgage Corporation 3.28408% 1.89%
- Towd Point Mortgage Trust 3% 1.85%
- Federal Home Loan Mortgage Corporation 7.60771% 1.78%
- Freddie Mac Stacr Remic Trust 5.5% 1.77%
- Federal National Mortgage Association 4.23925% 1.76%
- Government National Mortgage Association 9.55% 1.74%
- CMSC 2020-UNFI 3.7642% 1.74%
Asset Allocation
Weighting | Return Low | Return High | XFMYX % Rank | |
---|---|---|---|---|
Bonds | 89.89% | -150.81% | 203.29% | 43.70% |
Cash | 10.11% | -94.66% | 258.91% | 18.06% |
Stocks | 0.00% | -1.60% | 99.88% | 94.39% |
Preferred Stocks | 0.00% | 0.00% | 30.46% | 88.47% |
Other | 0.00% | -72.32% | 100.00% | 79.67% |
Convertible Bonds | 0.00% | 0.00% | 33.50% | 95.17% |
Bond Sector Breakdown
Weighting | Return Low | Return High | XFMYX % Rank | |
---|---|---|---|---|
Securitized | 89.90% | 0.00% | 99.65% | 3.44% |
Cash & Equivalents | 10.10% | 0.00% | 88.14% | 16.29% |
Derivative | 0.00% | -72.32% | 37.37% | 54.49% |
Corporate | 0.00% | 0.00% | 96.66% | 98.90% |
Municipal | 0.00% | 0.00% | 54.26% | 88.42% |
Government | 0.00% | 0.00% | 99.43% | 96.87% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | XFMYX % Rank | |
---|---|---|---|---|
US | 89.89% | -151.11% | 203.29% | 30.20% |
Non US | 0.00% | 0.00% | 67.77% | 91.96% |
XFMYX - Expenses
Operational Fees
XFMYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.31% | 0.01% | 20.67% | 44.63% |
Management Fee | 0.85% | 0.00% | 2.29% | 76.20% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.00% | 0.70% | N/A |
Sales Fees
XFMYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
XFMYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.50% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
XFMYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 67.00% | 0.00% | 632.00% | 39.38% |
XFMYX - Distributions
Dividend Yield Analysis
XFMYX | Category Low | Category High | XFMYX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 18.15% | 98.50% |
Dividend Distribution Analysis
XFMYX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annually | Monthly | Quarterly |
Net Income Ratio Analysis
XFMYX | Category Low | Category High | XFMYX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.11% | -1.55% | 11.51% | 44.53% |
Capital Gain Distribution Analysis
XFMYX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Jun 17, 2019 | $0.060 | OrdinaryDividend |
May 15, 2019 | $0.060 | OrdinaryDividend |
Apr 15, 2019 | $0.060 | OrdinaryDividend |
Mar 15, 2019 | $0.060 | OrdinaryDividend |
Feb 15, 2019 | $0.060 | OrdinaryDividend |
Jan 15, 2019 | $0.060 | OrdinaryDividend |
Dec 17, 2018 | $0.060 | OrdinaryDividend |
Nov 15, 2018 | $0.060 | OrdinaryDividend |
Oct 15, 2018 | $0.060 | OrdinaryDividend |
Sep 17, 2018 | $0.060 | OrdinaryDividend |
Aug 15, 2018 | $0.060 | OrdinaryDividend |
Jul 16, 2018 | $0.060 | OrdinaryDividend |
Jun 15, 2018 | $0.060 | OrdinaryDividend |
May 15, 2018 | $0.060 | OrdinaryDividend |
Apr 16, 2018 | $0.065 | OrdinaryDividend |
Mar 15, 2018 | $0.065 | OrdinaryDividend |
Feb 15, 2018 | $0.065 | OrdinaryDividend |
Jan 16, 2018 | $0.065 | OrdinaryDividend |
Dec 15, 2017 | $0.065 | OrdinaryDividend |
Nov 15, 2017 | $0.065 | OrdinaryDividend |
Oct 16, 2017 | $0.065 | OrdinaryDividend |
Sep 15, 2017 | $0.065 | OrdinaryDividend |
Aug 15, 2017 | $0.065 | OrdinaryDividend |
Jul 17, 2017 | $0.065 | OrdinaryDividend |
Jun 15, 2017 | $0.065 | OrdinaryDividend |
May 15, 2017 | $0.065 | OrdinaryDividend |
Apr 17, 2017 | $0.065 | OrdinaryDividend |
Mar 15, 2017 | $0.065 | OrdinaryDividend |
Feb 15, 2017 | $0.065 | OrdinaryDividend |
Jan 17, 2017 | $0.065 | OrdinaryDividend |
Dec 12, 2016 | $0.065 | OrdinaryDividend |
Nov 15, 2016 | $0.065 | OrdinaryDividend |
Oct 17, 2016 | $0.065 | OrdinaryDividend |
Sep 15, 2016 | $0.065 | OrdinaryDividend |
Aug 15, 2016 | $0.065 | OrdinaryDividend |
Jul 15, 2016 | $0.075 | OrdinaryDividend |
Jun 15, 2016 | $0.075 | OrdinaryDividend |
May 16, 2016 | $0.075 | OrdinaryDividend |
Apr 15, 2016 | $0.075 | OrdinaryDividend |
Mar 15, 2016 | $0.075 | OrdinaryDividend |
Feb 16, 2016 | $0.085 | OrdinaryDividend |
Jan 15, 2016 | $0.085 | OrdinaryDividend |
Dec 10, 2015 | $0.085 | OrdinaryDividend |
Nov 16, 2015 | $0.085 | OrdinaryDividend |
Oct 15, 2015 | $0.085 | OrdinaryDividend |
Sep 15, 2015 | $0.085 | OrdinaryDividend |
Aug 17, 2015 | $0.085 | OrdinaryDividend |
Jul 15, 2015 | $0.085 | OrdinaryDividend |
Jun 15, 2015 | $0.085 | OrdinaryDividend |
May 15, 2015 | $0.085 | OrdinaryDividend |
Apr 15, 2015 | $0.085 | OrdinaryDividend |
Mar 16, 2015 | $0.085 | OrdinaryDividend |
Feb 17, 2015 | $0.085 | OrdinaryDividend |
Jan 15, 2015 | $0.085 | OrdinaryDividend |
Dec 10, 2014 | $0.085 | OrdinaryDividend |
Nov 17, 2014 | $0.085 | OrdinaryDividend |
Oct 15, 2014 | $0.085 | OrdinaryDividend |
Sep 15, 2014 | $0.085 | OrdinaryDividend |
Aug 15, 2014 | $0.085 | OrdinaryDividend |
Jul 15, 2014 | $0.085 | OrdinaryDividend |
Jun 16, 2014 | $0.085 | OrdinaryDividend |
May 15, 2014 | $0.085 | OrdinaryDividend |
Apr 15, 2014 | $0.085 | OrdinaryDividend |
Mar 17, 2014 | $0.085 | OrdinaryDividend |
Feb 14, 2014 | $0.085 | OrdinaryDividend |
Jan 15, 2014 | $0.085 | OrdinaryDividend |
Dec 10, 2013 | $0.085 | OrdinaryDividend |
Nov 15, 2013 | $0.085 | OrdinaryDividend |
Oct 15, 2013 | $0.085 | OrdinaryDividend |
Sep 16, 2013 | $0.085 | OrdinaryDividend |
Aug 15, 2013 | $0.085 | OrdinaryDividend |
Jul 15, 2013 | $0.085 | OrdinaryDividend |
Jun 17, 2013 | $0.085 | OrdinaryDividend |
May 15, 2013 | $0.100 | OrdinaryDividend |
Apr 15, 2013 | $0.100 | OrdinaryDividend |
Mar 15, 2013 | $0.100 | OrdinaryDividend |
Feb 15, 2013 | $0.100 | OrdinaryDividend |
Jan 15, 2013 | $0.140 | OrdinaryDividend |
Dec 10, 2012 | $0.140 | OrdinaryDividend |
Nov 15, 2012 | $0.140 | OrdinaryDividend |
Oct 15, 2012 | $0.160 | OrdinaryDividend |
Sep 17, 2012 | $0.160 | OrdinaryDividend |
Aug 15, 2012 | $0.160 | OrdinaryDividend |
Jul 16, 2012 | $0.160 | OrdinaryDividend |
Jun 15, 2012 | $0.160 | OrdinaryDividend |
May 15, 2012 | $0.160 | OrdinaryDividend |
Apr 16, 2012 | $0.160 | OrdinaryDividend |
Mar 15, 2012 | $0.160 | OrdinaryDividend |
Feb 15, 2012 | $0.160 | OrdinaryDividend |
Jan 17, 2012 | $0.110 | ExtraDividend |
Dec 09, 2011 | $0.159 | OrdinaryDividend |
Nov 15, 2011 | $0.159 | OrdinaryDividend |
Oct 17, 2011 | $0.159 | OrdinaryDividend |
Sep 15, 2011 | $0.159 | OrdinaryDividend |
Aug 15, 2011 | $0.159 | OrdinaryDividend |
Jul 15, 2011 | $0.159 | OrdinaryDividend |
Jun 15, 2011 | $0.159 | OrdinaryDividend |
May 16, 2011 | $0.159 | OrdinaryDividend |
Apr 15, 2011 | $0.159 | OrdinaryDividend |
Mar 15, 2011 | $0.159 | OrdinaryDividend |
Feb 15, 2011 | $0.159 | OrdinaryDividend |
Jan 14, 2011 | $0.109 | ExtraDividend |
Dec 10, 2010 | $0.158 | OrdinaryDividend |
Nov 15, 2010 | $0.158 | OrdinaryDividend |
Oct 15, 2010 | $0.158 | OrdinaryDividend |
Sep 15, 2010 | $0.158 | OrdinaryDividend |
Aug 16, 2010 | $0.158 | OrdinaryDividend |
Jul 15, 2010 | $0.119 | OrdinaryDividend |
Jun 15, 2010 | $0.119 | OrdinaryDividend |
May 17, 2010 | $0.119 | OrdinaryDividend |
Apr 15, 2010 | $0.119 | OrdinaryDividend |
Mar 15, 2010 | $0.119 | OrdinaryDividend |
Feb 16, 2010 | $0.119 | OrdinaryDividend |
Jan 15, 2010 | $0.119 | OrdinaryDividend |
Dec 11, 2009 | $0.108 | OrdinaryDividend |
Nov 16, 2009 | $0.108 | OrdinaryDividend |
Oct 15, 2009 | $0.108 | OrdinaryDividend |
Sep 15, 2009 | $0.108 | OrdinaryDividend |
Aug 17, 2009 | $0.108 | OrdinaryDividend |
Jul 15, 2009 | $0.108 | OrdinaryDividend |
Jun 15, 2009 | $0.108 | OrdinaryDividend |
May 15, 2009 | $0.108 | OrdinaryDividend |
Apr 15, 2009 | $0.108 | OrdinaryDividend |
Mar 16, 2009 | $0.108 | OrdinaryDividend |
Feb 17, 2009 | $0.108 | OrdinaryDividend |
Jan 15, 2009 | $0.049 | ExtraDividend |
Dec 12, 2008 | $0.108 | OrdinaryDividend |
Nov 17, 2008 | $0.108 | OrdinaryDividend |
Oct 15, 2008 | $0.108 | OrdinaryDividend |
Sep 15, 2008 | $0.108 | OrdinaryDividend |
Aug 15, 2008 | $0.108 | OrdinaryDividend |
Jul 15, 2008 | $0.098 | OrdinaryDividend |
Jun 16, 2008 | $0.088 | OrdinaryDividend |
May 15, 2008 | $0.083 | OrdinaryDividend |
Apr 15, 2008 | $0.083 | OrdinaryDividend |
Mar 17, 2008 | $0.083 | OrdinaryDividend |
Feb 15, 2008 | $0.083 | OrdinaryDividend |
Jan 15, 2008 | $0.083 | OrdinaryDividend |
Dec 12, 2007 | $0.083 | OrdinaryDividend |
Nov 15, 2007 | $0.083 | OrdinaryDividend |
Oct 15, 2007 | $0.083 | OrdinaryDividend |
Sep 17, 2007 | $0.083 | OrdinaryDividend |
Aug 15, 2007 | $0.083 | OrdinaryDividend |
Jul 16, 2007 | $0.083 | OrdinaryDividend |
Jun 15, 2007 | $0.083 | OrdinaryDividend |
May 15, 2007 | $0.083 | OrdinaryDividend |
Apr 16, 2007 | $0.083 | OrdinaryDividend |
Mar 15, 2007 | $0.083 | OrdinaryDividend |
Feb 15, 2007 | $0.083 | OrdinaryDividend |
Jan 16, 2007 | $0.083 | OrdinaryDividend |
Dec 12, 2006 | $0.083 | OrdinaryDividend |
Nov 15, 2006 | $0.083 | OrdinaryDividend |
Oct 16, 2006 | $0.083 | OrdinaryDividend |
Sep 15, 2006 | $0.083 | OrdinaryDividend |
Aug 15, 2006 | $0.083 | OrdinaryDividend |
Jul 17, 2006 | $0.083 | OrdinaryDividend |
Jun 15, 2006 | $0.083 | OrdinaryDividend |
May 15, 2006 | $0.083 | OrdinaryDividend |
Apr 17, 2006 | $0.083 | OrdinaryDividend |
Mar 15, 2006 | $0.083 | OrdinaryDividend |
Feb 15, 2006 | $0.083 | OrdinaryDividend |
Jan 17, 2006 | $0.083 | OrdinaryDividend |
Dec 12, 2005 | $0.102 | OrdinaryDividend |
Oct 17, 2005 | $0.102 | OrdinaryDividend |
Sep 15, 2005 | $0.102 | OrdinaryDividend |
Aug 15, 2005 | $0.102 | OrdinaryDividend |
XFMYX - Fund Manager Analysis
Managers
Jeremiah Charles
Start Date
Tenure
Tenure Rank
Sep 19, 2016
5.7
5.7%
Mr. Charles is a Portfolio Manager for the First Trust Mortgage Securities Team. Prior to joining First Trust in 2013, Mr. Charles was a Vice President of Mortgage Product Sales at CRT Capital and a Senior Portfolio Manager at Deerfield Capital Management.
James Snyder
Start Date
Tenure
Tenure Rank
Sep 19, 2016
5.7
5.7%
Mr. Snyder is a Senior Vice President and Portfolio Manager for First Trust. Prior to joining First Trust in 2013, Mr. Snyder worked as a Senior Portfolio Manager at Fort Sheridan Advisors where he managed mortgage portfolios for institutional clients. Mr. Snyder has led several mortgage trading and portfolio groups at Deerfield Capital, Spyglass Capital & Trading and American Express Financial Advisors. Mr. Snyder holds a B.S. and M.A. in Economics from DePaul University and an MBA from University of Chicago Booth School of Business.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 28.19 | 5.72 | 3.19 |