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First Trust Mortgage Income Fund Stock Price, News & Analysis

FMY NYSE

Welcome to our dedicated page for First Trust Mortgage Income Fund news (Ticker: FMY), a resource for investors and traders seeking the latest updates and insights on First Trust Mortgage Income Fund stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect First Trust Mortgage Income Fund's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of First Trust Mortgage Income Fund's position in the market.

Rhea-AI Summary
First Trust Mortgage Income Fund (NYSE: FMY) has announced its monthly common share distribution of $0.07 per share for July 2025. The distribution will be payable on July 15, 2025, to shareholders of record as of July 1, 2025, with an ex-dividend date of July 1, 2025. Based on the June 17, 2025 NAV of $12.61, the distribution rate stands at 6.66%, while the rate based on the closing market price of $11.92 is 7.05%. The Fund, managed by First Trust Advisors L.P. with approximately $268 billion in assets under management, aims to provide high current income and capital preservation by investing primarily in mortgage-backed securities.
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First Trust Mortgage Income Fund (NYSE: FMY) has announced a decrease in its monthly common share distribution from $0.075 to $0.07 per share, representing a 6.67% reduction. The distribution will be payable on June 16, 2025, to shareholders of record as of June 2, 2025. Based on the May 19, 2025 metrics, the fund offers a distribution rate of 6.70% based on NAV ($12.53) and 6.91% based on market price ($12.15). The reduction aims to align the distribution with the fund's current earning potential while balancing high income provision and capital preservation objectives. The fund primarily invests in mortgage-backed securities and is managed by First Trust Advisors L.P., which oversees approximately $255 billion in assets as of April 30, 2025.
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Rhea-AI Summary

First Trust Mortgage Income Fund (NYSE: FMY) has announced its monthly common share distribution of $0.075 per share for May 2025. The distribution will be payable on May 15, 2025, to shareholders of record as of May 1, 2025.

Based on the April 17, 2025 metrics, the distribution rate stands at 7.16% based on NAV of $12.57, and 7.51% based on the closing market price of $11.98. The Fund, a diversified closed-end management investment company, focuses on providing high current income and preserving capital by investing primarily in mortgage-backed securities.

First Trust Advisors L.P. serves as the Fund's investment advisor, managing approximately $258 billion in assets as of March 31, 2025.

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First Trust Mortgage Income Fund (NYSE: FMY) has announced its monthly common share distribution of $0.075 per share for April 2025. The distribution will be payable on April 15, 2025, to shareholders of record as of April 1, 2025, with an expected ex-dividend date of April 1, 2025.

The Fund is a diversified, closed-end management investment company focusing on providing high current income and capital preservation. It primarily invests in mortgage-backed securities from residential or commercial mortgage loans. First Trust Advisors L.P. serves as the Fund's investment advisor, managing approximately $266 billion in assets as of February 28, 2025.

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First Trust Mortgage Income Fund (NYSE: FMY) has announced its monthly common share distribution of $0.075 per share for March, payable on March 17, 2025, to shareholders of record as of March 3, 2025. The ex-dividend date is also set for March 3, 2025.

The Fund is a diversified, closed-end management investment company focusing on providing high current income and capital preservation. It primarily invests in mortgage-backed securities from residential or commercial mortgage loans that offer attractive credit quality, yield, and maturity combinations.

First Trust Advisors L.P. (FTA) serves as the Fund's investment advisor, managing approximately $266 billion in assets as of January 31, 2025. The distribution may come from net investment income, net short-term realized capital gains, or return of capital, with final tax status determination to be made after 2025 end and provided on Form 1099-DIV.

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First Trust Mortgage Income Fund (NYSE: FMY) has announced its monthly common share distribution of $0.075 per share for February, payable on February 18, 2025, to shareholders of record as of February 3, 2025. Based on the January 17, 2025 NAV of $12.51, the distribution rate is 7.19%, while based on the closing market price of $11.90, it stands at 7.56%.

The Fund is a diversified, closed-end management investment company focusing on providing high current income and capital preservation. It primarily invests in mortgage-backed securities from residential or commercial mortgage loans. First Trust Advisors L.P. serves as the Fund's investment advisor, managing approximately $256 billion in assets as of December 31, 2024.

The final determination of the distribution's source and tax status will be made after the end of 2025 and provided on Form 1099-DIV.

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First Trust Mortgage Income Fund (NYSE: FMY) has announced its monthly common share distribution of $0.075 per share for January, payable on January 15, 2025, to shareholders of record as of December 31, 2024. Based on the December 18, 2024 NAV of $12.57, the distribution rate is 7.16%, while based on the closing market price of $12.00, it's 7.50%.

The Fund is a diversified, closed-end management investment company focusing on providing high current income and preserving capital. It primarily invests in mortgage-backed securities from residential or commercial mortgage loans. First Trust Advisors L.P. serves as the Fund's investment advisor, managing approximately $264 billion in assets as of November 30, 2024.

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First Trust Mortgage Income Fund (FMY) has announced its monthly common share distribution of $0.075 per share for December, payable on December 16, 2024, to shareholders of record as of December 2, 2024. Based on the November 19, 2024 NAV of $12.63, the distribution rate is 7.13%, while based on the closing market price of $11.91, it's 7.56%.

The Fund is a diversified, closed-end management investment company focusing on providing high current income and preserving capital through investments in mortgage-backed securities. The fund is managed by First Trust Advisors L.P., which has approximately $245 billion in assets under management as of October 31, 2024.

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Rhea-AI Summary

First Trust Mortgage Income Fund (NYSE: FMY) has declared its monthly common share distribution of $0.075 per share for November, payable on November 15, 2024, to shareholders of record as of November 1, 2024. The ex-dividend date is expected to be November 1, 2024.

Key details:

  • Distribution Rate based on October 18, 2024 NAV of $12.80: 7.03%
  • Distribution Rate based on October 18, 2024 closing market price of $12.06: 7.46%

The Fund seeks to provide a high level of current income and preserve capital by investing primarily in mortgage-backed securities. First Trust Advisors L.P. serves as the Fund's investment advisor, with collective assets under management of approximately $245 billion as of September 30, 2024.

Rhea-AI Impact
Rhea-AI Sentiment
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-0.57%
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Rhea-AI Summary

First Trust Mortgage Income Fund (NYSE: FMY) has declared its monthly common share distribution of $0.075 per share for October, payable on October 15, 2024, to shareholders of record as of October 1, 2024. The ex-dividend date is expected to be October 1, 2024.

Key details:

  • Distribution Rate based on September 18, 2024 NAV of $13.07: 6.89%
  • Distribution Rate based on September 18, 2024 closing market price of $12.55: 7.17%

The Fund seeks to provide a high level of current income and preserve capital by investing primarily in mortgage-backed securities. First Trust Advisors L.P. serves as the Fund's investment advisor, with collective assets under management of approximately $241 billion as of August 31, 2024.

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FAQ

What is the current stock price of First Trust Mortgage Income Fund (FMY)?

The current stock price of First Trust Mortgage Income Fund (FMY) is $11.92 as of April 28, 2026.

What is the market cap of First Trust Mortgage Income Fund (FMY)?

The market cap of First Trust Mortgage Income Fund (FMY) is approximately 50.4M.