First Trust Mortgage Income Fund (FMY) Stock Price, News & Analysis

Company Overview

First Trust Mortgage Income Fund (NYSE:FMY) is a closed-end management investment company that seeks to provide high current income by investing primarily in a diversified portfolio of mortgage-related securities. The fund’s investment strategy focuses on residential and commercial mortgage-backed securities (MBS) issued or guaranteed by U.S. government agencies, government-sponsored entities and private issuers, as well as other mortgage-related assets such as collateralized mortgage obligations (CMOs) and mortgage passthrough securities.

Since commencing operations in mid-2002, FMY has employed a disciplined, fundamental research process to construct a portfolio designed to capture income opportunities across the U.S. mortgage market. The fund may use leverage, including borrowings and reverse repurchase agreements, to enhance its yield potential. Portfolio managers continuously monitor interest rate movements and credit trends to adjust duration, sector allocations and security selection with the goal of managing risk and maximizing distribution potential.

FMY is managed by First Trust Advisors L.P., a registered investment adviser with its headquarters in Chicago, Illinois. The fund’s dedicated mortgage research team leverages experience in mortgage analytics and market structure to identify value in both agency and non-agency sectors. Distributions are declared monthly, reflecting the fund’s emphasis on delivering consistent income to shareholders. As a publicly traded closed-end fund, FMY offers investors access to a professionally managed mortgage portfolio through the liquidity of the NYSE.

Key Stats

• Today's Range: $12.25 to $12.33
• 50-Day Range: $12.09 to $12.35
• 52-Week Range: $11.55 to $12.72
• Volume: 5,969 shs
• Average Volume: 5,491 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: 7.18%
• Price Target: N/A
• Consensus Rating: N/A

FMY Stock Analysis - Frequently Asked Questions

How have FMY shares performed this year?

First Trust Mortgage Income Fund's stock was trading at $11.99 at the beginning of the year. Since then, FMY shares have increased by 2.3% and is now trading at $12.26.

Who are First Trust Mortgage Income Fund's major shareholders?

Top institutional investors of First Trust Mortgage Income Fund include Narwhal Capital Management, Global Assets Advisory LLC and Raymond James Financial Inc..
View institutional ownership trends.

How do I buy shares of First Trust Mortgage Income Fund?

Shares of FMY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of First Trust Mortgage Income Fund own?

Based on aggregate information from My MarketBeat watchlists, some other companies that First Trust Mortgage Income Fund investors own include Templeton Emerging Markets Income Fund (TEI), Abrdn Income Credit Strategies Fund (ACP), FS KKR Capital (FSK), Abrdn Australia Equity Fund (IAF), Main Street Capital (MAIN), Oxford Square Capital (OXSQ) and Global X Nasdaq 100 Covered Call ETF (QYLD).

Company Calendar

• Record date for 8/15 Dividend: 8/01/2025
• Ex-Dividend for 8/15 Dividend: 8/01/2025
• Dividend Payable: 8/15/2025
• Record date for 9/15 Dividend: 9/02/2025
• Ex-Dividend for 9/15 Dividend: 9/02/2025
• Dividend Payable: 9/15/2025
• Today: 9/17/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Financial Services
• Industry: Asset Management
• Sub-Industry: Financial Services
• Current Symbol: NYSE:FMY
• CIK: 1319183
• Web: www.ftportfolios.com
• Phone: 630-765-8000
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $5.86 million
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A