secwatch.observer — SEC 8-K summary
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Issuer:     Lument Finance Trust, Inc. (LFT)
CIK:        0001547546
Form:       8-K
Filed at:   2022-02-02T23:59:59+00:00
Accession:  0001104659-22-010935
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lument Finance Trust estimates Q4 2021 net income $2.2M-$2.7M; full-year Distributable Earnings $0.38-$0.40/share
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- Q4 2021 net income attributable to common: $2.2M-$2.7M ($0.09-$0.11/sh); Distributable Earnings $2.5M-$3.0M ($0.10-$0.12/sh).
- Full-year 2021 net income $7.2M-$7.7M ($0.29-$0.31); Distributable Earnings $9.5M-$10.0M ($0.38-$0.40).
- Book value $109.0M-$109.5M ($4.37-$4.39/sh); loan portfolio avg risk rating improved to 2.3 (Low) from 3.1.
- Acquired/funded $336.2M in Q4, $983.7M for FY; CLO notes $833.8M; liquidity $14.7M.
- No loan defaults or forbearance during pandemic; multifamily loans now 92% of portfolio.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1547546/000110465922010935/0001104659-22-010935-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1547546/000110465922010935/tm225190d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-010935

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer