Saba Capital Management’s First Trust Mortgage Income Fund FMY Stock Holding History

Saba Capital Management’s Portfolio FMY Stock Details FMY Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q4	–	Sell	-33,890	Closed	-$489K	–	96
2016 Q3	$489K	Hold	33,890	–	–	0.05%	77
2016 Q2	$489K	Sell	33,890 -6,631	-16%	-$95.7K	0.04%	80
2016 Q1	$582K	Hold	40,521	–	–	0.06%	83
2015 Q4	$589K	Hold	40,521	–	–	0.06%	82
2015 Q3	$583K	Buy	40,521 +6,930	+21%	+$99.7K	0.05%	86
2015 Q2	$474K	Sell	33,591 -1,693	-5%	-$24.8K	0.05%	105
2015 Q1	$524K	Sell	35,284 -23,397	-40%	-$346K	0.05%	106
2014 Q4	$872K	Sell	58,681 -14,622	-20%	-$219K	0.07%	119
2014 Q3	$1.11M	Buy	73,303 +17,458	+31%	+$271K	0.06%	147
2014 Q2	$886K	Buy	55,845 +500	+0.9%	+$7.95K	0.05%	162
2014 Q1	$871K	Buy	55,345 +3,618	+7%	+$57.2K	0.05%	168
2013 Q4	$805K	Buy	+51,727	New	+$807K	0.05%	164

Other funds holding FMY

SIA

Sit Investment Associates Minneapolis, Minnesota $4.93B AUM 12.22% 1-Year Est. Return

1CP

1607 Capital Partners Richmond, Virginia $1.39B AUM 8.35% 1-Year Est. Return

Icon Advisers Greenwood Village, Colorado $433M AUM 40.01% 1-Year Est. Return

LPL Financial San Diego, California $377B AUM 19.32% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

CAN

Cetera Advisor Networks El Segundo, California $20.2B AUM 22.31% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

RJA

Raymond James & Associates St Petersburg, Florida $164B AUM 33.91% 1-Year Est. Return

Commonwealth Equity Services Waltham, Massachusetts $71.6B AUM 21.08% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Saba Capital Management's FMY Position: Q4 2016 in Review

Saba Capital Management sold out of First Trust Mortgage Income Fund (FMY) in Q4 2016, closing a stake of 33,890 shares — an estimated $489K sold.

Saba Capital Management first reported a position in FMY in Q4 2013 and held it in 12 quarters. The position peaked at $1.11M in Q3 2014. 20 funds tracked by Wall St. Rank hold FMY as of Q4 2016.

Saba Capital Management reported no remaining First Trust Mortgage Income Fund position as of Q4 2016 after selling out during the quarter.
Saba Capital Management sold 33,890 First Trust Mortgage Income Fund shares in Q4 2016, an estimated $489K.
Saba Capital Management first reported a position in First Trust Mortgage Income Fund in Q4 2013 and held it in 12 quarters.
Saba Capital Management's First Trust Mortgage Income Fund position peaked at $1.11M in Q3 2014.
20 funds tracked by Wall St. Rank held First Trust Mortgage Income Fund as of Q4 2016.

Based on Saba Capital Management's 13F filing for Q4 2016, filed 14 Feb 2017.