Form 3 - Initial statement of beneficial ownership of securities
June 29 2023 - 10:23AM
Edgar (US Regulatory)
Power
of Attorney
Know
all by these presents, that the undersigned hereby constitutes and appoints each of W. Scott Jardine, Kristi A. Maher, Erin E. Klassman,
James M. Dykas and Eric F. Fess, signing singly, the undersigned's true and lawful attorney-in-fact to:
(1)
execute for and on behalf of the undersigned, in the undersigned's capacity as an officer, employee, trustee, and/or ten percent
stockholder of any of First Trust Portfolios L.P., First Trust Advisors L.P. (“Advisors”), or any company registered
as an investment company under the Investment Company Act of 1940, of which Advisors is an investment adviser (each a “Company”),
Forms 3, 4, and 5 in accordance with Section 16(a) of the Securities Exchange Act of 1934 and the rules thereunder;
(2)
do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute
any such Form 3, 4, or 5, including a Form ID, complete and execute any amendment or amendments thereto, and timely file such form with
the United States Securities and Exchange Commission and any stock exchange or similar authority; and
(3)
take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may
be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by
such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms
and conditions as such attorney-in-fact may approve in such attorney-in fact's sole discretion.
The
undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever
requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and
purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and
confirming all that such attorney-in-fact, or such attorney-in-fact's substitute or substitutes, shall lawfully do or cause to be done
by virtue of this power of attorney and the rights and powers herein granted. The undersigned acknowledges that the foregoing attorneys-in
fact, in serving in such capacity at the request of the undersigned, are not assuming, nor is the Company or Chapman and Cutler LLP assuming,
any of the undersigned's responsibilities to comply with Section 16 of the Securities Exchange Act of 1934.
In
consideration of the attorneys-in-fact acting on the undersigned's behalf pursuant to this Power of Attorney, the undersigned hereby agrees
to indemnify and hold harmless each attorney-in-fact, each substitute
attorney-in-fact, and each of their respective heirs, executors, legal representatives, successors, and assigns from and against the entirety
of any and all losses, claims, causes of action, damages, fines, defense
costs,
amounts paid in settlement, liabilities, and expenses, including reasonable attorneys' fees and expenses (collectively, “Losses”),
relating to or arising out of the exercise of this Power of Attorney by any such attorney-in-fact or substitute attorney-in fact, and
will reimburse each such indemnified person for all Losses as they are incurred by such indemnified person in connection with any pending
or threatened claim, action, suit, proceeding, or investigation with which such indemnified person is or is threatened to be made a party.
The undersigned will not, however, be responsible for any Losses that are finally determined by a court of competent jurisdiction to have
resulted solely from an attorney-in-fact’s or substitute attorney-in-fact's bad faith or willful misconduct.
This
Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4, and 5 with respect
to the undersigned’s holdings of and transactions in securities requiring such filings, unless earlier revoked by the undersigned
in a signed writing delivered to the foregoing attorneys-in-fact.
In
Witness Whereof, the undersigned has caused this Power of Attorney to be executed as of June 27, 2023.
/s/ Owen N. Aronson
Owen N. Aronson
First Trust Mortgage Inc... (NYSE:FMY)
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