First Trust Mortgage Income Fund

First Trust Mortgage Income Fundverified

FMY

Price:

$11.945

Market Cap:

$50.33M

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.

Industry

Asset Management - Income

IPO Date

2005-05-26

Stock Exchange

NYSE

Ticker

FMY

The Dividend Yield as of December 2025 (TTM) for First Trust Mortgage Income Fund (FMY) is 7.12%

According to First Trust Mortgage Income Fund’s latest financial reports and current stock price. The company's current Dividend Yield is 7.12%. This represents a change of 89.91% compared to the average of 3.75% 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 5.42%. The current 7.12% Dividend Yield has changed 31.30% 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

5.42%

Median

5.39%

Minimum

3.24%

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 = -51.97%

Minimum Annual Dividend Yield = 3.24%

Quarterly (TTM)
Annual
YearDividend YieldChange
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%
20153.24%-51.97%

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

6.73%

5-year avg

6.16%

10-year avg

5.42%

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. (2.42%), less than AMG River Road Focused Absolute Value Fund - Class N (0.73%), less than AMG Veritas China Fund Class N (1.06%), less than Scharf Multi-Asset Opportunity Fund Retail Class (0.92%), less than Dupree Mutual Funds Tennessee Tax-Free Income Series (4.87%), less than Janus Henderson U.S. Dividend Income I (1.34%), less than Janus Henderson U.S. Dividend Income N (1.34%), less than Cambiar Aggressive Value Fund Investor Class (0%), greater than RiverParks Large Growth Fund Retail Shares (0%), less than ICON Utilities and Income Fund Investor (1.77%),

Build a custom stock screener for First Trust Mortgage Income Fund (FMY) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like First Trust Mortgage Income Fund using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

First Trust Mortgage Income Fund (FMY) and other stocks custom spreadsheet templates

The easiest way to analyze a company like First Trust Mortgage Income Fund or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Dividend Yield?

How can you use the Dividend Yield?

What is First Trust Mortgage Income Fund's Dividend Yield?

How is the Dividend Yield calculated for First Trust Mortgage Income Fund (FMY)?

What is the highest Dividend Yield for First Trust Mortgage Income Fund (FMY)?

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?