First Trust Mortgage Income Fund

First Trust Mortgage Income Fundverified

FMY

Price:

$11.595

Market Cap:

$48.85M

The First Trust Mortgage Income Fund operates as a closed-end mutual fund primarily focused on generating income. It is managed by First Trust Advisors L.P., with Brookfield Investment Management Inc. sharing co-management responsibilities. The fund's investment mandate centers on the fixed income markets, specifically targeting a range of fixed income securities. A significant portion of its portfolio is dedicated to mortgage-backed securities (MBS), encompassing diverse categories such as pass-through certificates, collateralized mortgage obligations (CMOs), and both residential and commercial mortgage-backed instruments. Established on May 25, 2005, this U.S.-domiciled fund was initially ...[Read more]

Industry

Asset Management - Income

IPO Date

2005-05-26

Stock Exchange

NYSE

Ticker

FMY

The Dividend Yield as of June 2026 (TTM) for First Trust Mortgage Income Fund (FMY) is 6.86%

According to First Trust Mortgage Income Fund’s latest financial reports and current stock price. The company's current Dividend Yield is 6.86%. This represents a change of 79.79% compared to the average of 3.81% of the last 4 quarters.

First Trust Mortgage Income Fund (FMY) Historical Dividend Yield (quarterly & annually)

How has FMY Dividend Yield performed in the past?

The mean historical Dividend Yield of First Trust Mortgage Income Fund over the last ten years is 5.82%. The current 6.86% Dividend Yield has changed 17.87% with respect to the historical average. Over the past ten years (40 quarters), FMY's Dividend Yield was at its highest in in the April 2012 quarter at 5.39%. The Dividend Yield was at its lowest in in the October 2016 quarter at 0.34%.

Quarterly (TTM)
Annual

Average

5.82%

Median

5.58%

Minimum

3.84%

Maximum

7.95%

First Trust Mortgage Income Fund (FMY) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of First Trust Mortgage Income Fund Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 40.65%

Maximum Annual Dividend Yield = 7.95%

Minimum Annual Increase = -10.45%

Minimum Annual Dividend Yield = 3.84%

Quarterly (TTM)
Annual
YearDividend YieldChange
20257.21%-9.24%
20247.95%27.17%
20236.25%4.26%
20225.99%14.23%
20215.25%-2.33%
20205.37%4.40%
20195.15%-10.45%
20185.75%6.32%
20175.41%40.65%
20163.84%18.61%

First Trust Mortgage Income Fund (FMY) Average Dividend Yield

How has FMY Dividend Yield performed in the past?

The current Dividend Yield of First Trust Mortgage Income Fund (FMY) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

7.14%

5-year avg

6.53%

10-year avg

5.82%

First Trust Mortgage Income Fund (FMY) Dividend Yield vs. Peers

How is FMY’s Dividend Yield compared to its peers?

First Trust Mortgage Income Fund’s Dividend Yield is less than Mexico Equity & Income Fund Inc. (1.77%), less than AMG River Road Focused Absolute Value Fund - Class N (13.93%), less than AMG Veritas China Fund Class N (0.32%), less than Scharf Multi-Asset Opportunity Fund Retail Class (4.47%), less than Dupree Mutual Funds Tennessee Tax-Free Income Series (3.94%), less than Janus Henderson U.S. Dividend Income I (3.20%), less than Janus Henderson U.S. Dividend Income N (3.22%), less than Cambiar Aggressive Value Fund Investor Class (0.62%), less than RiverParks Large Growth Fund Retail Shares (9.76%), less than ICON Utilities and Income Fund Investor (1.45%),

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Frequently asked questions❓

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What is the 3-year average Dividend Yield for First Trust Mortgage Income Fund (FMY)?

What is the 5-year average Dividend Yield for First Trust Mortgage Income Fund (FMY)?

How does the current Dividend Yield for First Trust Mortgage Income Fund (FMY) compare to its historical average?