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Stock Quote Historical

Net Asset Value

As of Date NAV
12/31/2020 $18.88
11/30/2020 $19.17
10/30/2020 $16.34
09/30/2020 $16.85

Dividend History1

Declaration Record Paid/Payable Dividends Return of Capital2
12/7/2020 12/22/2020 12/31/2020 $0.10 $0.00
09/11/2020 09/22/2020 09/30/2020 $0.10 $0.00
06/11/2020 06/22/2020 06/30/2020 $0.10 $0.00
03/11/2020 03/23/2020 03/31/2020 $0.33 $0.00
12/11/2019 12/23/2019 12/31/2019 $0.33 $0.13
09/11/2019 09/23/2019 09/30/2019 $0.33 $0.13
06/11/2019 06/21/2019 06/28/2019 $0.33 $0.13
03/11/2019 03/21/2019 03/29/2019 $0.33 $0.13
12/06/2018 12/21/2018 12/31/2018 $0.33 $0.00
09/10/2018 09/20/2018 09/28/2018 $0.33 $0.00
06/11/2018 06/21/2018 06/29/2018 $0.33 $0.00
03/16/2018 03/19/2018 03/29/2018 $0.33 $0.00
12/20/2017 12/21/2017 12/29/2017 $0.33 $0.00
09/06/2017 09/07/2017 09/29/2017 $0.33 $0.00
06/20/2017 06/22/2017 06/30/2017 $0.33 $0.00
03/20/2017 03/22/2017 03/31/2017 $0.33 $0.00
12/20/2016 12/22/2016 12/30/2016 $0.33 $0.00
09/20/2016 09/22/2016 09/30/2016 $0.33 $0.00
06/16/2016 06/20/2016 06/30/2016 $0.33 $0.00
03/17/2016 03/21/2016 03/31/2016 $0.33 $0.00
12/17/2015 12/21/2015 12/31/2015 $0.33 $0.00
09/16/2015 09/18/2015 09/30/2015 $0.33 $0.00
06/17/2015 06/19/2015 06/30/2015 $0.33 $0.00
03/18/2015 03/20/2015 03/31/2015 $0.33 $0.00
12/17/2014 12/19/2014 12/31/2014 $0.33 $0.0046
09/17/2014 09/19/2014 09/30/2014 $0.33 $0.0046
06/18/2014 06/20/2014 06/30/2014 $0.33 $0.0046
03/19/2014 03/21/2014 03/31/2014 $0.33 $0.0046
12/19/2013 12/23/2013 12/31/2013 $0.33 $0.1362
09/18/2013 09/20/2013 09/30/2013 $0.33 $0.1362
06/13/2013 06/17/2013 06/28/2013 $0.33 $0.1362
03/14/2013 03/18/2013 03/28/2013 $0.32 $0.1320
12/20/2012 12/24/2012 12/31/2012 $0.31 $0.0737
09/18/2012 09/20/2012 09/28/2012 $0.29 $0.0689
06/11/2012 06/13/2012 06/29/2012 $0.25 $0.0594
03/15/2012 03/19/2012 03/30/2012 $0.21 $0.0499

1 In compliance with Section 19 of the Investment Company Act of 1940, a notice will be provided for any distribution that does not consist solely of net investment income. Such a notice will be for informational purposes only, and will disclose, among other things, estimated portions of the distribution, if any, consisting of net investment income, capital gains and return of capital. RMR Mortgage Trust (“RMRM”) has substantial investments in real estate investment trusts, or REITs, which generally will characterize distributions to their shareholders, including RMRM, subsequent to the end of a calendar year as ordinary income, net capital gain or return of capital. However, it is not possible for RMRM to characterize distributions received from REITs during interim periods because the REIT issuers do not report the tax characterization of their distributions until subsequent to year end. Therefore, some portion of RMRM’s prior year distributions to common shareholders have been recharacterized as net capital gain and/or return of capital, and is likely that some portion of RMRM’s current year distributions to common shareholders will be recharacterized as net capital gain and/or return of capital subsequent to year end. For current year distributions, the “return of capital” column represents only that amount of a distribution estimated to be in excess of RMRM’s cash distribution received from its investments less its operating expenses, interest expenses and distributions to preferred shareholders. Shareholders should not use the information provided on this website or any notice delivered in compliance with Section 19 of the Investment Company Act of 1940 in preparing their tax returns. Shareholders will receive a Form 1099-DIV for the calendar year including how to report distributions from RMRM for U.S. Federal income tax purposes.

RMRM adopted a managed distribution policy that allows it to include long term capital gains, where applicable, as part of its regular fixed quarterly distribution to shareholders (the “Managed Distribution Plan”), for distributions occurring after February 22, 2019. RMRM’s current distribution rate is subject to change at the discretion of our Board. If the amount of its quarterly distributions exceeds the amount of its investment income and realized gains, the excess would be a return of capital to shareholders from its assets. You should not draw any conclusions about RMRM’s investment performance from the amount of its distributions or from the Managed Distribution Plan. RMRM’s board may amend, suspend or terminate the Managed Distribution Plan at any time. RMRM is not required to continue to pay dividends on its common shares and there is no guarantee that RMRM’s board will declare dividends in the future or that, if declared, they will remain at current levels or increase over time. During the transition period of the Business Change Plan before RMRM’s portfolio has been fully converted to its new investment strategy and RMRM is deregistered as an investment company, RMRM intends to try to maintain a quarterly managed distribution rate as high as is reasonably practicable. However, there can be no assurance that it will not reduce its quarterly distributions during the investment strategy transition period, and RMRM’s board likely will need to temporarily reduce the managed distribution rate because RMRM expects its cash flow from earnings and the status and availability of capital gains it realizes from its portfolio to decline during the transition. This decline could result from the rotation out of existing investments, the need to establish income streams from mortgage originations, the potential for holding assets in temporary investments with lower yields such as agency whole pool certificates, the availability or unavailability of realized capital gains to distribute and the current difficult economic and market conditions, among other potential variables. RMRM anticipates distributing any capital gains recognized on the sale of assets during this transition period, either as part of its quarterly distributions made pursuant to the Managed Distribution Plan, or at the end of the year in accordance with the requirements of subchapter M of the Internal Revenue Code of 1986, as amended.

2 This amount of the distribution is characterized as a return of capital only as a result of the characterization of distributions received by RMRM from REITs in which RMRM invests or invested.

Common - Section 19a Notice

Auction Rate - Section 19a Notice

Organization Actions That Affect Basis of Securities

Tax Information

Dividend Reinvestment Plan1

Carefully consider RMRM’s investment objectives, risk factors and expenses. This and other information can be found in RMRM’s SEC filings which may be obtained by visiting the SEC Edgar database or the “SEC Filings” section of this website. Read these filings carefully before investing.

On April 16, 2020, shareholders approved a change in RMRM’s business from a registered investment company to a commercial mortgage REIT and amended RMRM’s fundamental investment policies and restrictions to permit RMRM to pursue its new business. For further details please click here. For a discussion of the risks associated with RMRM's operation as a commercial mortgage REIT, please click here. For a discussion of the risks associated with RMRM’s legacy assets that it is beginning to transition into commercial mortgages consistent with its new business strategy, please click here.

RMRM is subject to numerous risks, including investment risks. Shares of closed-end funds often trade at a discount from their net asset value. RMRM is not a complete investment program and you may lose money investing in RMRM. An investment in RMRM may not be appropriate for all investors.

RMRM is a closed-end fund and its common shares are only available for purchase and sale at current market price on the The Nasdaq Stock Market LLC. A closed-end fund’s dividend yield, market price and net asset value will fluctuate with market conditions. Closed-end funds may trade at a premium to NAV, but often trade at a discount, and RMRM has historically traded at a discount to NAV. Information for RMRM is provided for informational purposes only and does not constitute a solicitation of an offer to buy or sell RMRM shares.

There can be no assurance that RMRM’s investment objectives will be achieved or that the RMRM's investment program will be successful.