First Trust Mortgage Income Fund (FMY)Financial Services | Asset Management | Wheaton, United States | NYSE
12.07 USD
+0.06
(0.489%)
⇧
(April 17, 2026, 3 p.m.
EDT)
After hours: 12.07 Short-term: ★★☆☆☆ | Long-term: ★★★☆☆ | Dividends: ★★★★☆ |
Hot Take | April 11, 2026, 1:22 p.m. EDT
FMY appears to be a relatively stable income-focused fund with a consistent dividend yield of 6.71%, which is quite attractive for income-focused investors. The recent dividend history shows a steady payout, with some fluctuations, but overall consistent payments. The recent price movement has been relatively flat, with a slight upward trend in the last few days, suggesting potential for short-term momentum. However, the overall price has remained within a narrow range, indicating limited volatility. The fund's low beta and strong current ratio suggest it is relatively safe in terms of liquidity. While the long-term fundamentals are not particularly strong, the consistent dividend and low risk make it a moderate long-term investment. Overall, it is a decent option for income-focused investors looking for stability. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.020595 |
| AutoARIMA | 0.028208 |
| AutoETS | 0.028290 |
| MSTL | 0.028837 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 44% |
| H-stat | 8.94 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.065 |
| Excess Kurtosis | -1.36 |
| Attribute | Value |
|---|---|
| Sector | Financial Services |
| Ex Dividend Date | 2026-03-31 |
| Last Dividend Date | 2026-03-31 |
| Revenue per Share | 0.829 |
| Market Cap | 50,831,232 |
| Trailing P/E | 11.17 |
| Beta | 0.28 |
| Profit Margins | 130.46% |
| Website | https://www.ftportfolios.com/retail/CEF/CEFsummary.aspx?Ticker=FMY |
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.56% | 6.90% | 8.06% | 7.68% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-04-01 | 0.065 | 0.556031 |
| 2026-03-02 | 0.065 | 0.537950 |
| 2026-02-02 | 0.065 | 0.539467 |
| 2025-12-31 | 0.065 | 0.543698 |
| 2025-12-01 | 0.065 | 0.551163 |
| 2025-11-03 | 0.065 | 0.556452 |
| 2025-10-01 | 0.065 | 0.553015 |
| 2025-09-02 | 0.070 | 0.592871 |
| 2025-08-01 | 0.070 | 0.597236 |
| 2025-07-01 | 0.070 | 0.601154 |
| 2025-06-02 | 0.070 | 0.614165 |
| 2025-05-01 | 0.075 | 0.659145 |
| 2025-04-01 | 0.075 | 0.657279 |
| 2025-03-03 | 0.075 | 0.664606 |
| 2025-02-03 | 0.075 | 0.674303 |
| 2024-12-31 | 0.075 | 0.681334 |
| 2024-12-02 | 0.075 | 0.682216 |
| 2024-11-01 | 0.075 | 0.685791 |
| 2024-10-01 | 0.075 | 0.668449 |
| 2024-09-03 | 0.075 | 0.683466 |
| 2024-08-01 | 0.083 | 0.760381 |
| 2024-07-01 | 0.083 | 0.788088 |
| 2024-06-03 | 0.083 | 0.817638 |
| 2024-05-01 | 0.083 | 0.802625 |
| 2024-04-01 | 0.083 | 0.790966 |
| 2024-03-01 | 0.083 | 0.832093 |
| 2024-02-01 | 0.083 | 0.809280 |
| 2023-12-28 | 0.083 | 0.806850 |
| 2023-12-01 | 0.083 | 0.877508 |
| 2023-11-01 | 0.070 | 0.772381 |
| 2023-10-02 | 0.068 | 0.742163 |
| 2023-09-01 | 0.063 | 0.672303 |
| 2023-08-01 | 0.055 | 0.587103 |
| 2023-07-03 | 0.055 | 0.603686 |
| 2023-06-01 | 0.055 | 0.605592 |
| 2023-05-01 | 0.055 | 0.596808 |
| 2023-04-03 | 0.055 | 0.611487 |
| 2023-03-02 | 0.055 | 0.599438 |
| 2023-02-01 | 0.055 | 0.603370 |
| 2023-01-03 | 0.055 | 0.613268 |
| 2022-12-01 | 0.055 | 0.598290 |
| 2022-11-01 | 0.055 | 0.636090 |
| 2022-10-03 | 0.055 | 0.604134 |
| 2022-09-01 | 0.055 | 0.597851 |
| 2022-08-01 | 0.055 | 0.606807 |
| 2022-07-01 | 0.055 | 0.615454 |
| 2022-06-01 | 0.055 | 0.616777 |
| 2022-05-02 | 0.055 | 0.618645 |
| 2022-04-01 | 0.055 | 0.585364 |
| 2022-03-01 | 0.055 | 0.559462 |
| 2022-02-01 | 0.055 | 0.555848 |
| 2022-01-03 | 0.055 | 0.538873 |
| 2021-12-01 | 0.055 | 0.550777 |
| 2021-11-01 | 0.055 | 0.538534 |
| 2021-10-01 | 0.060 | 0.586015 |
| 2021-09-01 | 0.060 | 0.592875 |
| 2021-08-02 | 0.060 | 0.586054 |
| 2021-07-01 | 0.060 | 0.591996 |
| 2021-06-01 | 0.060 | 0.599341 |
| 2021-05-03 | 0.060 | 0.610419 |
| 2021-04-01 | 0.060 | 0.617679 |
| 2021-03-01 | 0.060 | 0.609128 |
| 2021-02-01 | 0.060 | 0.607410 |
| 2021-01-04 | 0.060 | 0.614953 |
| 2020-12-01 | 0.060 | 0.622161 |
| 2020-11-02 | 0.060 | 0.628627 |
| 2020-10-01 | 0.060 | 0.625436 |
| 2020-09-01 | 0.060 | 0.637084 |
| 2020-08-03 | 0.060 | 0.632829 |
| 2020-07-01 | 0.060 | 0.628663 |
| 2020-06-01 | 0.060 | 0.630035 |
| 2020-05-01 | 0.060 | 0.662106 |
| 2020-04-01 | 0.060 | 0.680084 |
| 2020-03-02 | 0.060 | 0.626417 |
| 2020-02-03 | 0.060 | 0.628137 |
| 2020-01-02 | 0.060 | 0.638542 |
| 2019-12-02 | 0.060 | 0.641289 |
| 2019-11-01 | 0.060 | 0.639470 |
| 2019-10-01 | 0.060 | 0.644526 |
| 2019-09-03 | 0.060 | 0.666903 |
| 2019-08-01 | 0.060 | 0.655806 |
| 2019-07-01 | 0.060 | 0.653446 |
| 2019-06-03 | 0.060 | 0.670698 |
| 2019-05-01 | 0.060 | 0.681649 |
| 2019-04-01 | 0.060 | 0.685196 |
| 2019-03-01 | 0.060 | 0.690297 |
| 2019-02-01 | 0.060 | 0.693414 |
| 2019-01-02 | 0.060 | 0.713501 |
| 2018-12-03 | 0.060 | 0.717884 |
| 2018-11-01 | 0.060 | 0.723408 |
| 2018-10-01 | 0.060 | 0.708296 |
| 2018-09-04 | 0.060 | 0.715223 |
| 2018-08-01 | 0.060 | 0.724981 |
| 2018-07-02 | 0.060 | 0.721713 |
| 2018-06-01 | 0.060 | 0.720084 |
| 2018-05-01 | 0.060 | 0.725472 |
| 2018-04-02 | 0.065 | 0.759343 |
| 2018-03-01 | 0.065 | 0.748361 |
| 2018-02-01 | 0.065 | 0.759322 |
| 2018-01-02 | 0.065 | 0.747390 |
| 2017-12-01 | 0.065 | 0.762518 |
| 2017-11-01 | 0.065 | 0.754795 |
| 2017-10-02 | 0.065 | 0.763009 |
| 2017-09-01 | 0.065 | 0.763817 |
| 2017-08-01 | 0.065 | 0.770554 |
| 2017-07-03 | 0.065 | 0.777351 |
| 2017-06-01 | 0.065 | 0.783147 |
| 2017-05-01 | 0.065 | 0.789000 |
| 2017-04-03 | 0.065 | 0.794343 |
| 2017-03-01 | 0.065 | 0.797456 |
| 2017-02-01 | 0.065 | 0.798857 |
| 2017-01-03 | 0.065 | 0.800264 |
| 2016-12-01 | 0.065 | 0.805683 |
| 2016-11-01 | 0.065 | 0.816952 |
| 2016-10-03 | 0.065 | 0.791307 |
| 2016-09-01 | 0.065 | 0.794333 |
| 2016-08-01 | 0.065 | 0.794059 |
| 2016-07-01 | 0.075 | 0.931156 |
| 2016-06-01 | 0.075 | 0.938618 |
| 2016-05-02 | 0.075 | 0.938288 |
| 2016-04-01 | 0.075 | 0.940551 |
| 2016-03-01 | 0.075 | 0.965489 |
| 2016-02-01 | 0.085 | 1.085430 |
| 2016-01-04 | 0.085 | 1.088840 |
| 2015-12-01 | 0.085 | 1.088444 |
| 2015-11-02 | 0.085 | 1.088064 |
| 2015-10-01 | 0.085 | 1.124504 |
| 2015-09-01 | 0.085 | 1.120194 |
| 2015-08-03 | 0.085 | 1.100002 |
| 2015-07-01 | 0.085 | 1.154355 |
| 2015-06-01 | 0.085 | 1.110853 |
| 2015-05-01 | 0.085 | 1.106017 |
| 2015-04-01 | 0.085 | 1.111641 |
| 2015-03-02 | 0.085 | 1.130197 |
| 2015-02-02 | 0.085 | 1.139061 |
| 2014-12-29 | 0.085 | 1.126444 |
| 2014-12-01 | 0.085 | 1.125356 |
| 2014-11-03 | 0.085 | 1.129474 |
| 2014-10-01 | 0.085 | 1.128373 |
| 2014-09-02 | 0.085 | 1.114178 |
| 2014-08-01 | 0.085 | 1.121774 |
| 2014-07-01 | 0.085 | 1.096679 |
| 2014-06-02 | 0.085 | 1.103979 |
| 2014-05-01 | 0.085 | 1.105686 |
| 2014-04-01 | 0.085 | 1.127200 |
| 2014-03-03 | 0.085 | 1.119761 |
| 2014-02-03 | 0.085 | 1.137953 |
| 2013-12-27 | 0.085 | 1.157373 |
| 2013-12-02 | 0.085 | 1.154057 |
| 2013-11-01 | 0.085 | 1.142817 |
| 2013-10-01 | 0.085 | 1.165124 |
| 2013-09-03 | 0.085 | 1.195930 |
| 2013-08-01 | 0.085 | 1.194832 |
| 2013-07-01 | 0.085 | 1.176286 |
| 2013-06-03 | 0.085 | 1.167817 |
| 2013-05-01 | 0.100 | 1.314546 |
| 2013-04-01 | 0.100 | 1.354608 |
| 2013-03-01 | 0.100 | 1.299513 |
| 2013-02-01 | 0.100 | 1.303324 |
| 2012-12-27 | 0.140 | 1.792635 |
| 2012-12-03 | 0.140 | 1.738805 |
| 2012-11-01 | 0.140 | 1.722922 |
| 2012-10-01 | 0.160 | 1.803865 |
| 2012-09-04 | 0.160 | 1.869047 |
| 2012-08-01 | 0.160 | 1.903173 |
| 2012-07-02 | 0.160 | 1.914778 |
| 2012-06-01 | 0.160 | 1.944124 |
| 2012-05-01 | 0.160 | 1.952100 |
| 2012-04-02 | 0.160 | 1.978991 |
| 2012-03-01 | 0.160 | 1.982133 |
| 2012-02-01 | 0.160 | 1.965459 |
| 2011-12-28 | 0.270 | 3.514818 |
| 2011-12-01 | 0.160 | 2.199042 |
| 2011-11-01 | 0.160 | 2.169432 |
| 2011-10-03 | 0.160 | 2.258920 |
| 2011-09-01 | 0.160 | 2.160790 |
| 2011-08-01 | 0.160 | 2.057389 |
| 2011-07-01 | 0.160 | 2.030216 |
| 2011-06-01 | 0.160 | 2.036984 |
| 2011-05-02 | 0.160 | 2.087779 |
| 2011-04-01 | 0.160 | 2.127878 |
| 2011-03-01 | 0.160 | 2.181367 |
| 2011-02-01 | 0.160 | 2.241706 |
| 2010-12-29 | 0.270 | 3.857222 |
| 2010-12-01 | 0.160 | 2.274968 |
| 2010-11-01 | 0.160 | 2.186810 |
| 2010-10-01 | 0.160 | 2.103903 |
| 2010-09-01 | 0.160 | 2.279854 |
| 2010-08-02 | 0.160 | 2.349579 |
| 2010-07-01 | 0.120 | 1.916035 |
| 2010-06-01 | 0.120 | 1.927611 |
| 2010-05-03 | 0.120 | 1.903825 |
| 2010-04-01 | 0.120 | 1.951946 |
| 2010-03-01 | 0.120 | 1.943457 |
| 2010-02-01 | 0.120 | 1.936211 |
| 2009-12-29 | 0.230 | 3.804573 |
| 2009-12-01 | 0.110 | 1.914890 |
| 2009-11-02 | 0.110 | 1.932293 |
| 2009-10-01 | 0.110 | 1.920172 |
| 2009-09-01 | 0.110 | 1.978884 |
| 2009-08-03 | 0.110 | 2.008846 |
| 2009-07-01 | 0.110 | 2.078474 |
| 2009-06-01 | 0.110 | 2.156669 |
| 2009-05-01 | 0.110 | 2.223587 |
| 2009-04-01 | 0.110 | 2.243324 |
| 2009-03-02 | 0.110 | 2.361950 |
| 2009-02-02 | 0.110 | 2.208123 |
| 2008-12-29 | 0.160 | 3.253635 |
| 2008-12-01 | 0.110 | 2.254942 |
| 2008-11-03 | 0.110 | 2.326818 |
| 2008-10-01 | 0.110 | 2.349168 |
| 2008-09-02 | 0.110 | 2.223783 |
| 2008-08-01 | 0.110 | 2.223672 |
| 2008-07-01 | 0.100 | 2.015703 |
| 2008-06-02 | 0.090 | 1.781009 |
| 2008-05-01 | 0.085 | 1.705292 |
| 2008-04-01 | 0.085 | 1.759304 |
| 2008-03-03 | 0.085 | 1.742421 |
| 2008-02-01 | 0.085 | 1.793829 |
| 2008-01-02 | 0.085 | 1.801886 |
| 2007-12-03 | 0.085 | 1.856299 |
| 2007-11-01 | 0.085 | 1.875115 |
| 2007-10-01 | 0.167 | 3.649473 |
| 2007-09-04 | 0.085 | 1.876439 |
| 2007-08-01 | 0.085 | 1.923434 |
| 2007-07-02 | 0.085 | 1.884634 |
| 2007-06-01 | 0.085 | 1.874024 |
| 2007-05-01 | 0.085 | 1.897082 |
| 2007-04-02 | 0.085 | 1.928784 |
| 2007-03-01 | 0.085 | 1.923607 |
| 2007-02-01 | 0.085 | 1.918406 |
| 2007-01-03 | 0.085 | 1.945641 |
| 2006-12-01 | 0.085 | 1.980717 |
| 2006-11-01 | 0.085 | 1.978955 |
| 2006-10-02 | 0.085 | 1.998861 |
| 2006-09-01 | 0.085 | 2.019098 |
| 2006-08-01 | 0.085 | 2.095110 |
| 2006-07-03 | 0.085 | 2.073514 |
| 2006-06-01 | 0.085 | 2.091068 |
| 2006-05-01 | 0.085 | 2.099419 |
| 2006-04-03 | 0.085 | 2.113270 |
| 2006-03-01 | 0.085 | 2.102248 |
| 2006-02-01 | 0.085 | 2.097748 |
| 2006-01-03 | 0.085 | 2.160488 |
| 2005-12-01 | 0.104 | 2.600504 |
| 2005-11-04 | 0.104 | 2.578961 |
| 2005-10-03 | 0.104 | 2.592183 |
| 2005-09-01 | 0.104 | 2.399065 |
| 2005-08-01 | 0.104 | 2.232756 |
| Attribute | Value |
|---|---|
| 52 Week Change | 0.0025042295 |
| Address1 | 120 East Liberty Drive |
| Address2 | Suite 400 |
| All Time High | 22.0 |
| All Time Low | 10.52 |
| Ask | 12.15 |
| Ask Size | 300 |
| Average Daily Volume10 Day | 4,120 |
| Average Daily Volume3 Month | 7,055 |
| Average Volume | 7,055 |
| Average Volume10Days | 4,120 |
| Beta | 0.278 |
| Bid | 11.98 |
| Bid Size | 1,000 |
| Book Value | 12.877 |
| City | Wheaton |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 12.065 |
| Current Ratio | 2.246 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,774,915,200 |
| Day High | 12.065 |
| Day Low | 11.9501 |
| Dividend Date | 1,550,188,800 |
| Dividend Rate | 0.81 |
| Dividend Yield | 6.75 |
| Earnings Growth | -0.302 |
| Earnings Quarterly Growth | -0.302 |
| Ebitda Margins | 0.0 |
| Eps Trailing Twelve Months | 1.08 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,775,001,600 |
| Exchange | NYQ |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 11.9198 |
| Fifty Day Average Change | 0.14519978 |
| Fifty Day Average Change Percent | 0.012181394 |
| Fifty Two Week Change Percent | 0.25042295 |
| Fifty Two Week High | 12.39 |
| Fifty Two Week High Change | -0.32500076 |
| Fifty Two Week High Change Percent | -0.026230892 |
| Fifty Two Week Low | 11.4 |
| Fifty Two Week Low Change | 0.66499996 |
| Fifty Two Week Low Change Percent | 0.058333334 |
| Fifty Two Week Range | 11.4 - 12.39 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,117,114,200,000 |
| Five Year Avg Dividend Yield | 6.4 |
| Full Exchange Name | NYSE |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 1.0 |
| Gross Profits | 3,490,592 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.00037 |
| Held Percent Institutions | 0.5981 |
| Implied Shares Outstanding | 4,213,115 |
| Industry | Asset Management |
| Industry Disp | Asset Management |
| Industry Key | asset-management |
| Language | en-US |
| Last Dividend Date | 1,775,001,600 |
| Last Dividend Value | 0.065 |
| Last Fiscal Year End | 1,761,868,800 |
| Long Business Summary | First Trust Mortgage Income Fund is a closed-ended fixed income mutual fund launched and managed by First Trust Advisors L.P. It is co-managed by Brookfield Investment Management Inc. The fund invests in fixed income markets. It seeks to invest in fixed income securities including mortgage-backed securities, consisting of pass-through certificates, collateralized mortgage obligations, residential mortgage-backed securities, and commercial mortgage-backed securities. The fund was formerly known as the First Trust/FIDAC Mortgage Income Fund. First Trust Mortgage Income Fund was formed on May 25, 2005 and is domiciled in United States. |
| Long Name | First Trust Mortgage Income Fund |
| Market | us_market |
| Market Cap | 50,831,232 |
| Market State | POST |
| Max Age | 86,400 |
| Message Board Id | finmb_20932843 |
| Most Recent Quarter | 1,761,868,800 |
| Net Income To Common | 4,553,677 |
| Next Fiscal Year End | 1,793,404,800 |
| Non Diluted Market Cap | 50,583,922 |
| Open | 12.05 |
| Operating Margins | 0.81586 |
| Payout Ratio | 0.7963 |
| Phone | 630-765-8000 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 12.065 |
| Post Market Time | 1,776,464,521 |
| Previous Close | 12.0063 |
| Price Hint | 2 |
| Price To Book | 0.9369418 |
| Price To Sales Trailing12 Months | 14.562353 |
| Profit Margins | 1.30456 |
| Quick Ratio | 2.033 |
| Quote Source Name | Delayed Quote |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | 0.0586996 |
| Regular Market Change Percent | 0.488907 |
| Regular Market Day High | 12.065 |
| Regular Market Day Low | 11.9501 |
| Regular Market Day Range | 11.9501 - 12.065 |
| Regular Market Open | 12.05 |
| Regular Market Previous Close | 12.0063 |
| Regular Market Price | 12.065 |
| Regular Market Time | 1,776,452,408 |
| Regular Market Volume | 1,376 |
| Return On Assets | 0.03053 |
| Return On Equity | 0.084630005 |
| Revenue Growth | -0.116 |
| Revenue Per Share | 0.829 |
| Sand P52 Week Change | 0.36506534 |
| Sector | Financial Services |
| Sector Disp | Financial Services |
| Sector Key | financial-services |
| Shares Outstanding | 4,213,115 |
| Shares Percent Shares Out | 0.0028 |
| Shares Short | 2,933 |
| Shares Short Previous Month Date | 1,772,150,400 |
| Shares Short Prior Month | 3,202 |
| Short Name | First Trust Motgage Income Fund |
| Short Ratio | 1.55 |
| Source Interval | 15 |
| State | IL |
| Symbol | FMY |
| Total Debt | 0 |
| Total Revenue | 3,490,592 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.87 |
| Trailing Annual Dividend Yield | 0.072461955 |
| Trailing Eps | 1.08 |
| Trailing P E | 11.171295 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 12.09395 |
| Two Hundred Day Average Change | -0.028950691 |
| Two Hundred Day Average Change Percent | -0.002393816 |
| Type Disp | Equity |
| Volume | 1,376 |
| Website | https://www.ftportfolios.com/retail/CEF/CEFsummary.aspx?Ticker=FMY |
| Zip | 60,187 |