MGOV Distribution History & Yield
First Trust Intermediate Government Opportunities ETF · NYSEArca
Upcoming distribution payments
| Ex-date | Pay date | Per share | Per 100 shares | Status |
|---|---|---|---|---|
| Mon, Nov 23, 2026 (in 29 days) | Dec 7, 2026 | $0.0796 | $7.96 | Estimated |
| Wed, Dec 23, 2026 (in 59 days) | Jan 6, 2027 | $0.0796 | $7.96 | Estimated |
| Fri, Jan 22, 2027 (in 89 days) | Feb 5, 2027 | $0.0796 | $7.96 | Estimated |
| Sun, Feb 21, 2027 (in 119 days) | Mar 7, 2027 | $0.0796 | $7.96 | Estimated |
| Tue, Mar 23, 2027 (in 149 days) | Apr 6, 2027 | $0.0796 | $7.96 | Estimated |
| Thu, Apr 22, 2027 (in 179 days) | May 6, 2027 | $0.0796 | $7.96 | Estimated |
| Sat, May 22, 2027 (in 209 days) | Jun 5, 2027 | $0.0796 | $7.96 | Estimated |
| Mon, Jun 21, 2027 (in 239 days) | Jul 5, 2027 | $0.0796 | $7.96 | Estimated |
| Wed, Jul 21, 2027 (in 269 days) | Aug 4, 2027 | $0.0796 | $7.96 | Estimated |
| Fri, Aug 20, 2027 (in 299 days) | Sep 3, 2027 | $0.0796 | $7.96 | Estimated |
| Sun, Sep 19, 2027 (in 329 days) | Oct 3, 2027 | $0.0796 | $7.96 | Estimated |
| Tue, Oct 19, 2027 (in 359 days) | Nov 2, 2027 | $0.0796 | $7.96 | Estimated |
Estimated dates and amounts are projected from MGOV's recent payment pattern and will be replaced by declared figures when the fund announces them. Total over the next 12 months: about $0.955 per share.
Distribution payment history
Last 37 payments per share. RegularSpecial
Annual distributions per share
How much MGOV do you need for monthly income?
| Target income | Shares needed | Capital at today's price | Per year |
|---|---|---|---|
| $100 / month | 1,257 | $24,245 | $1,200 |
| $500 / month | 6,283 | $121,225 | $6,000 |
| $1,000 / month | 12,566 | $242,450 | $12,000 |
Based on the forward yield of 4.95%. $10,000 in MGOV would currently pay about $495 a year ($41 a month on average). Model reinvestment and growth →
MGOV distribution history
| Ex-date | Pay date | Amount | Change |
|---|---|---|---|
| Sep 24, 2026 | — | $0.07 | +0.0% |
| Aug 21, 2026 | — | $0.07 | +0.0% |
| Jul 21, 2026 | — | $0.07 | -6.7% |
| Jun 25, 2026 | — | $0.075 | -6.2% |
| May 21, 2026 | — | $0.08 | +0.0% |
| Apr 21, 2026 | — | $0.08 | -5.9% |
| Mar 26, 2026 | — | $0.085 | +0.0% |
| Feb 20, 2026 | — | $0.085 | +0.0% |
| Jan 21, 2026 | — | $0.085 | +0.0% |
| Dec 12, 2025 | — | $0.085 | +0.0% |
| Nov 21, 2025 | — | $0.085 | +0.0% |
| Oct 21, 2025 | — | $0.085 | +2.4% |
| Sep 25, 2025 | — | $0.083 | +0.0% |
| Aug 21, 2025 | — | $0.083 | +0.0% |
| Jul 22, 2025 | — | $0.083 | +0.0% |
| Jun 26, 2025 | — | $0.083 | +0.0% |
| May 21, 2025 | — | $0.083 | +0.0% |
| Apr 22, 2025 | — | $0.083 | -5.7% |
| Mar 27, 2025 | — | $0.088 | +0.0% |
| Feb 21, 2025 | — | $0.088 | +0.0% |
| Jan 22, 2025 | — | $0.088 | +0.0% |
| Dec 13, 2024 | — | $0.088 | +0.0% |
| Nov 21, 2024 | — | $0.088 | +0.0% |
| Oct 22, 2024 | — | $0.088 | +0.0% |
Payout risk check
MGOV's last 12 distributions were very stable (consistency score 92/100).
Its share price moved -5.7% over the past year.
This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.
About First Trust Intermediate Government Opportunities ETF
Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in a portfolio of debt securities issued or guaranteed by the U.S. government (including U.S. Treasury bonds, notes and bills), its agencies or government-sponsored entities. The fund's investments in government securities include publicly-issued U.S. Treasury securities and mortgage-related securities such as pass-through securities, collateralized mortgage obligations ("CMOs") and commercial mortgage-backed securities ("CMBS"). It is non-diversified.
Fund family: First Trust. Category: Government Mortgage-Backed Bond. First distribution on our records: Sep 22, 2023. 37 payments tracked. Data last refreshed Oct 21, 2026. Spotted a mistake? Report it and we'll fix it.
MGOV distribution FAQ
When is MGOV's next ex-distribution date?
MGOV's next ex-distribution date is Nov 23, 2026 (in 29 days, estimated from its monthly schedule). You must own the shares before that date to receive the payment of about $0.0796 per share, expected on Dec 7, 2026.
How often does MGOV pay distributions?
MGOV pays distributions every month, 12 times a year. The most recent payment was $0.07 per share with an ex-date of Sep 24, 2026.
What is MGOV's distribution yield?
MGOV's trailing 12-month distribution yield is 4.51%, based on $0.87 per share paid over the last year and a share price of $19.30. The forward yield, using the indicated annual rate of $0.955 per share, is 4.95%.
How much does MGOV pay per share?
MGOV pays about $0.0796 per share each month, which works out to roughly $0.955 per share a year. 100 shares would collect about $95.50 a year.
Has MGOV grown or cut its distribution?
As a fund, MGOV's distributions vary with the income its holdings generate, so payouts are not designed to rise every year the way a dividend-growth stock's are.
How many shares of MGOV do I need to earn $100 a month?
At the current forward yield of 4.95%, you would need about 1,257 shares of MGOV (roughly $24,245 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every month, so the monthly figure is an average.
Similar funds
| Symbol | Type | Price | TTM yield | Annual / share | Frequency | Next ex-date | Trend |
|---|---|---|---|---|---|---|---|
| MBBiShares MBS ETF | ETF | $91.29 | 4.46% | $4.07 | Monthly | Oct 31 Est. | |
| VMBSVanguard Mortgage-Backed Securities Index Fund ETF Shares | ETF | $45.23 | 4.35% | $1.969 | Monthly | Oct 31 Est. | |
| SPMBState Street SPDR Portfolio Mortgage Backed Bond ETF | ETF | $21.54 | 4.27% | $0.919 | Monthly | Oct 31 Est. | |
| JMBSJanus Henderson Mortgage-Backed Securities ETF | ETF | $43.17 | 5.43% | $2.346 | Monthly | Oct 30 Est. | |
| SMBSSchwab Mortgage-Backed Securities ETF | ETF | $24.28 | 5.39% | $1.309 | Monthly | Oct 31 Est. | |
| PMBSPIMCO Mortgage-Backed Securities Active Exchange-Traded Fund | ETF | $47.12 | 4.92% | $2.32 | Monthly | Oct 31 Est. | |
| MBBAiShares Mortgage-Backed Securities Active ETF | ETF | $47.44 | 3.26% | $1.56 | Monthly | Oct 31 Est. | |
| GNMAiShares GNMA Bond ETF | ETF | $42.59 | 4.41% | $1.88 | Monthly | Oct 31 Est. |