|First Trust Mortgage Income Fund (FMY):|
|Distribution per share:||$0.065|
|Distribution Rate based on the November 18, 2016 NAV of $15.43:||5.06%|
|Distribution Rate based on the November 18, 2016 closing market price of $13.76:||5.67%|
First Trust Mortgage Income Fund (the "Fund") (NYSE: FMY) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.065 per share payable on December 12, 2016, to shareholders of record as of December 5, 2016. The ex-dividend date is expected to be December 1, 2016. The monthly distribution information for the Fund appears below.
A portion of this distribution may come from net investment income, net short-term realized capital gains or return of capital. The final determination of the source and tax status of all distributions paid in 2016 will be made after the end of 2016 and will be provided on Form 1099-DIV. The Fund is a diversified, closed-end management investment company that seeks to provide a high level of current income. As a secondary objective, the Fund seeks to preserve capital. The Fund pursues these investment objectives by investing primarily in mortgage-backed securities representing part ownership in a pool of either residential or commercial mortgage loans that, in the opinion of the Fund's investment sub-advisor, offer an attractive combination of credit quality, yield and maturity. First Trust Advisors L.P., the Fund's investment advisor, along with its affiliate, First Trust Portfolios L.P., are privately-held companies which provide a variety of investment services, including asset management and financial advisory services, with collective assets under management or supervision of approximately $95 billion as of October 31, 2016 through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts.