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Trending ETFs

First Trust Mortgage Income Fund

mutual fund
XFMYX
Payout Change
Suspended
Price as of:
$12.67 -0.06 -0.47%
primary theme
Bond Sector Diversified
share class
Other (XFMYX)
XFMYX (Mutual Fund)

First Trust Mortgage Income Fund

Payout Change
Suspended
Price as of:
$12.67 -0.06 -0.47%
primary theme
Bond Sector Diversified
share class
Other (XFMYX)
XFMYX (Mutual Fund)

First Trust Mortgage Income Fund

Payout Change
Suspended
Price as of:
$12.67 -0.06 -0.47%
primary theme
Bond Sector Diversified
share class
Other (XFMYX)

Name

As of 12/12/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

First Trust Mortgage Income Fund

XFMYX | Fund

$12.67

$54.1 M

0.00%

1.31%

Vitals

YTD Return

0.8%

1 yr return

1.8%

3 Yr Avg Return

-2.8%

5 Yr Avg Return

-3.1%

Net Assets

$54.1 M

Holdings in Top 10

18.0%

52 WEEK LOW AND HIGH

$12.7
N/A
N/A

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 12/12/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

First Trust Mortgage Income Fund

XFMYX | Fund

$12.67

$54.1 M

0.00%

1.31%

XFMYX - Profile

Distributions

  • YTD Total Return 0.8%
  • 3 Yr Annualized Total Return -2.8%
  • 5 Yr Annualized Total Return -3.1%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 3.11%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    First Trust Mortgage Income Fund
  • Fund Family Name
    First Trust Advisors L.P.
  • Inception Date
    Jun 03, 2005
  • Shares Outstanding
    4213115
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Jeremiah Charles

Fund Description

XFMYX - Performance

Return Ranking - Trailing

Period XFMYX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.8% -11.1% 18.9% 95.20%
1 Yr 1.8% -9.2% 20.8% 94.58%
3 Yr -2.8%* -16.9% 16.8% 94.44%
5 Yr -3.1%* -14.7% 13.4% 94.64%
10 Yr -0.4%* -7.0% 7.1% 96.46%

* Annualized

Return Ranking - Calendar

Period XFMYX Return Category Return Low Category Return High Rank in Category (%)
2023 3.5% -12.0% 8.9% 33.38%
2022 -12.0% -31.8% 18.4% 41.68%
2021 -4.0% -16.2% 25.7% 87.87%
2020 -3.0% -31.1% 18.7% 81.28%
2019 -1.1% -6.1% 15.3% 96.72%

Total Return Ranking - Trailing

Period XFMYX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.8% -11.1% 18.9% 95.20%
1 Yr 1.8% -9.2% 20.8% 94.58%
3 Yr -2.8%* -16.9% 16.8% 94.44%
5 Yr -3.1%* -14.7% 13.4% 94.64%
10 Yr -0.4%* -7.0% 7.1% 96.46%

* Annualized

Total Return Ranking - Calendar

Period XFMYX Return Category Return Low Category Return High Rank in Category (%)
2023 3.5% -6.9% 22.2% 90.11%
2022 -12.0% -31.8% 21.1% 76.55%
2021 -4.0% -13.5% 49.9% 96.89%
2020 -3.0% -28.6% 24.1% 91.44%
2019 1.3% -4.8% 19.1% 98.07%

NAV & Total Return History

XFMYX - Holdings

Concentration Analysis

XFMYX Category Low Category High XFMYX % Rank
Net Assets 54.1 M 2.63 M 143 B 90.45%
Number of Holdings 179 4 9638 75.35%
Net Assets in Top 10 10.4 M -204 M 89.4 B 95.79%
Weighting of Top 10 18.02% 5.8% 265.8% 71.38%

Top 10 Holdings

  1. MStanley Cap I Tr 1.53% 2.97%
  2. Lstar Commercial Mortgage Trust 2017-5 4.69023% 2.48%
  3. Federal Home Loan Mortgage Corporation 1.31% 2.32%
  4. Federal Home Loan Mortgage Corporation 3.28408% 1.89%
  5. Towd Point Mortgage Trust 3% 1.85%
  6. Federal Home Loan Mortgage Corporation 7.60771% 1.78%
  7. Freddie Mac Stacr Remic Trust 5.5% 1.77%
  8. Federal National Mortgage Association 4.23925% 1.76%
  9. Government National Mortgage Association 9.55% 1.74%
  10. CMSC 2020-UNFI 3.7642% 1.74%

Asset Allocation

Weighting Return Low Return High XFMYX % Rank
Bonds 		89.89% 0.00% 199.60% 49.77%
Cash 		10.11% -94.66% 99.97% 18.88%
Stocks 		0.00% -6.18% 99.68% 98.28%
Preferred Stocks 		0.00% 0.00% 21.58% 98.13%
Other 		0.00% -75.22% 147.15% 86.58%
Convertible Bonds 		0.00% 0.00% 33.50% 99.36%

Bond Sector Breakdown

Weighting Return Low Return High XFMYX % Rank
Securitized 		89.90% 0.00% 99.65% 3.38%
Cash & Equivalents 		10.10% 0.00% 94.89% 18.47%
Derivative 		0.00% -75.22% 147.15% 66.04%
Corporate 		0.00% 0.00% 96.66% 99.84%
Municipal 		0.00% 0.00% 54.26% 97.42%
Government 		0.00% 0.00% 99.43% 99.68%

Bond Geographic Breakdown

Weighting Return Low Return High XFMYX % Rank
US 		89.89% 0.00% 199.60% 30.73%
Non US 		0.00% 0.00% 74.14% 99.06%

XFMYX - Expenses

Operational Fees

XFMYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.31% 0.03% 34.13% 44.01%
Management Fee 0.85% 0.00% 2.29% 77.71%
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% 1.50% 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% 40.38%

XFMYX - Distributions

Dividend Yield Analysis

XFMYX Category Low Category High XFMYX % Rank
Dividend Yield 0.00% 0.00% 23.30% 99.69%

Dividend Distribution Analysis

XFMYX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly SemiAnnual 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

View More +

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 5.71 3.19

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