FMY

First Trust Mortgage Income Fund
FMY

$12.47

0.73%

Market Cap: $52.5M

About: First Trust Mortgage Income Fund is a United States based diversified, closed-end management investment company. The fund's primary investment objective is to seek a high level of current income. Its secondary investment objective is to preserve capital. The fund pursues its objectives by investing predominantly in mortgage-backed securities.

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

6.0% less ownership

Funds ownership: 65.35% [Q1] → 59.36% (-6.0%) [Q2]

21% less funds holding

Funds holding: 14 [Q1] → 11 (-3) [Q2]

25% less capital invested

Capital invested by funds: $39.9M [Q1] → $29.8M (-$10.1M) [Q2]

60% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 5

80% less repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 5

See Fund Rankings

Research analyst outlook

We haven’t received any recent analyst ratings for FMY.

See Analyst Rankings

Financial journalist opinion

First Trust Mortgage Income Fund Decreases its Monthly Common Share Distribution to $0.075 Per Share for September

WHEATON, Ill--(BUSINESS WIRE)--First Trust Mortgage Income Fund (the "Fund") (NYSE: FMY) has decreased its regularly scheduled monthly common share distribution to $0.075 per share from $0.0825 per share. The distribution will be payable on September 16, 2024, to shareholders of record as of September 3, 2024. The ex-dividend date is expected to be September 3, 2024. The monthly distribution information for the Fund appears below. First Trust Mortgage Income Fund (FMY): Distribution per share.

First Trust Mortgage Income Fund Decreases its Monthly Common Share Distribution to $0.075 Per Share for September

First Trust Mortgage Income Fund Declares its Monthly Common Share Distribution of $0.0825 Per Share for August

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Mortgage Income Fund (the "Fund") (NYSE: FMY) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.0825 per share payable on August 15, 2024, to shareholders of record as of August 1, 2024. The ex-dividend date is expected to be August 1, 2024. The monthly distribution information for the Fund appears below. First Trust Mortgage Income Fund (FMY): Distribution per share: $0.0825 Distribution Rate based on t.

First Trust Mortgage Income Fund Declares its Monthly Common Share Distribution of $0.0825 Per Share for August

First Trust Mortgage Income Fund Declares its Monthly Common Share Distribution of $0.0825 Per Share for July

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Mortgage Income Fund (the "Fund") (NYSE: FMY) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.0825 per share payable on July 15, 2024, to shareholders of record as of July 1, 2024. The ex-dividend date is expected to be July 1, 2024. The monthly distribution information for the Fund appears below. First Trust Mortgage Income Fund (FMY): Distribution per share: $0.0825 Distribution Rate based on the Jun.

First Trust Mortgage Income Fund Declares its Monthly Common Share Distribution of $0.0825 Per Share for July

First Trust Mortgage Income Fund Declares its Monthly Common Share Distribution of $0.0825 Per Share for June

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Mortgage Income Fund (the "Fund") (NYSE: FMY) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.0825 per share payable on June 17, 2024, to shareholders of record as of June 3, 2024. The ex-dividend date is expected to be June 3, 2024. The monthly distribution information for the Fund appears below. First Trust Mortgage Income Fund (FMY): Distribution per share: $0.0825 Distribution Rate based on the May.

First Trust Mortgage Income Fund Declares its Monthly Common Share Distribution of $0.0825 Per Share for June

First Trust Mortgage Income Fund Declares its Monthly Common Share Distribution of $0.0825 Per Share for May

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Mortgage Income Fund (the "Fund") (NYSE: FMY) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.0825 per share payable on May 15, 2024, to shareholders of record as of May 2, 2024. The ex-dividend date is expected to be May 1, 2024. The monthly distribution information for the Fund appears below. First Trust Mortgage Income Fund (FMY): Distribution per share: $0.0825 Distribution Rate based on the April.

First Trust Mortgage Income Fund Declares its Monthly Common Share Distribution of $0.0825 Per Share for May

First Trust Mortgage Income Fund Declares its Monthly Common Share Distribution of $0.0825 Per Share for April

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Mortgage Income Fund (the "Fund") (NYSE: FMY) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.0825 per share payable on April 15, 2024, to shareholders of record as of April 2, 2024. The ex-dividend date is expected to be April 1, 2024. The monthly distribution information for the Fund appears below. First Trust Mortgage Income Fund (FMY): Distribution per share: $0.0825 Distribution Rate based on the.

First Trust Mortgage Income Fund Declares its Monthly Common Share Distribution of $0.0825 Per Share for April

First Trust Mortgage Income Fund Declares its Monthly Common Share Distribution of $0.0825 Per Share for March

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Mortgage Income Fund (the "Fund") (NYSE: FMY) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.0825 per share payable on March 15, 2024, to shareholders of record as of March 4, 2024. The ex-dividend date is expected to be March 1, 2024. The monthly distribution information for the Fund appears below. First Trust Mortgage Income Fund (FMY): Distribution per share: $0.0825 Distribution Rate based on the.

First Trust Mortgage Income Fund Declares its Monthly Common Share Distribution of $0.0825 Per Share for March

First Trust Mortgage Income Fund Declares its Monthly Common Share Distribution of $0.0825 Per Share for February

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Mortgage Income Fund (the "Fund") (NYSE: FMY) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.0825 per share payable on February 15, 2024, to shareholders of record as of February 2, 2024. The ex-dividend date is expected to be February 1, 2024. The monthly distribution information for the Fund appears below. First Trust Mortgage Income Fund (FMY): Distribution per share: $0.0825 Distributi.

First Trust Mortgage Income Fund Declares its Monthly Common Share Distribution of $0.0825 Per Share for February

First Trust Mortgage Income Fund Declares its Monthly Common Share Distribution of $0.0825 Per Share for January

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Mortgage Income Fund (the "Fund") (NYSE: FMY) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.0825 per share payable on January 16, 2024, to shareholders of record as of December 29, 2023. The ex-dividend date is expected to be December 28, 2023. The monthly distribution information for the Fund appears below. First Trust Mortgage Income Fund (FMY): Distribution per share: $0.0825 Distribution Rate bas.

First Trust Mortgage Income Fund Declares its Monthly Common Share Distribution of $0.0825 Per Share for January

CEF Weekly Commentary | December 10, 2023 | High Quality Opportunities

Stocks were up slightly as the jobs report shifted the narrative towards 'higher for longer.' The payroll report came in stronger than expected, but the narrative was that it was a hawkish report, meaning higher rates for longer. Discounts for CEFs continue to tread water, with real estate and interest rate-sensitive bond sectors performing well, while emerging market equity and convertibles performed poorly.

CEF Weekly Commentary | December 10, 2023 | High Quality Opportunities

See News Rankings