Stock market today: S&P 500 falls as government shutdown, trade jitters persist
Director Kadlec Thomas R, of First Trust Mortgage Income Fund (NYSE:FMY), acquired 242 common shares of the company on October 10, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The fund, which boasts a market capitalization of $51.57 million and maintains an attractive 6.37% dividend yield, has consistently paid dividends for 21 consecutive years. The shares were purchased at a price of $12.2, with the total transaction amounting to $2952. Following the transaction, Kadlec directly owns 1113 shares of First Trust Mortgage Income Fund . The stock is currently trading near its 52-week high of $12.47 and has demonstrated low volatility with a beta of 0.26. InvestingPro analysis reveals several additional key insights about FMY’s financial health and market position.
In other recent news, First Trust Mortgage Income Fund has declared a monthly common share distribution of $0.07 per share. This distribution is scheduled for payment on August 15, 2025, to shareholders recorded by August 1, 2025. The ex-dividend date is also anticipated to be August 1. Based on the net asset value of $12.60 as of July 18, the distribution represents a rate of 6.67%. When considering the closing market price of $12.19 on the same date, the distribution rate is 6.89%. These developments are part of the company’s ongoing financial activities.
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