WHEATON, Ill.–()–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 July 15, 2020, to shareholders of record as of July 2, 2020. The ex-dividend date is expected to be July 1, 2020. The monthly distribution information for the Fund appears below.

First Trust Mortgage Income Fund (FMY):

Distribution per share:

$0.06

Distribution Rate based on the June 19, 2020 NAV of $14.59:

4.93%

Distribution Rate based on the June 19, 2020 closing market price of $13.68:

5.26%

A portion of this distribution may come from net investment income, net

Read More At:  Article Source