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First Trust Mortgage Income Fund(NYSE) FMY

Market Cap$48.03MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2005)+143%
5 Year+15%
1 Year-1%
1 Month-2%
$11.40
-1.81%
-0.21Today
First Trust Mortgage Income Fund last closing stock price
MetricPriceDate
Last closeUSD 11.402026-09-18
First Trust Mortgage Income Fund stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week+0.44%USD 11.352026-09-11
1 month-2.27%USD 11.662026-08-19
3 month-0.84%USD 11.502026-06-18
Year to date-1.97%USD 11.632025-12-31
1 year-0.82%USD 11.492025-09-18
3 year+26.69%USD 9.002023-09-19
5 year+14.84%USD 9.932021-09-17
Since inception+142.83%USD 4.692005-05-26

First Trust Mortgage Income Fund Financials at a Glance

Market Cap

$48.03MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$6.50M

Net Income (TTM)

$7.39M

EPS (TTM)

$0.70

P/E Ratio

16.20

Dividend

$0.78

Beta (Volatility)

0.07 (Low)

Price

$11.40

Volume

1,863.2

Open

$11.49

Previous Close

$11.40

Daily Range

$11.40 - $11.49

52-Week Range

$11.21 - $12.36

Estimated Earnings Date

N/A

FMY News

First Trust Mortgage Decreases June Distribution

Rich DupreyMay 21, 2013

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About First Trust Mortgage Income Fund

First Trust Mortgage Income Fund is a closed-end mutual fund focused on generating income through investments in fixed income securities. Managed by First Trust Advisors L.P. and co-managed by Brookfield Investment Management Inc., the fund primarily invests in mortgage-backed securities.

Products and Services
  • Investment in a diverse range of mortgage-backed securities
  • Focus on generating consistent income for investors
  • Management by experienced financial professionals
Growth Outlook
  • Recent quarterly revenue of $1,143,142 shows strong income generation
  • Trailing twelve months (TTM) revenue of $7,000,000 indicates stable performance
  • Dividend yield of 6.73% reflects attractive income potential for investors
Financial Highlights
  • Net income for the latest quarter reached $668,488
  • Operating income margin of 58.48% demonstrates efficient operations
  • Market capitalization stands at approximately $49.12 million
First Trust Mortgage Income Fund has established itself as a reliable option for investors seeking income through fixed income markets. The fund's focus on mortgage-backed securities allows for a diversified investment approach, targeting both residential and commercial properties. Recent financial performance highlights a solid revenue stream and effective management, contributing to a favorable outlook for potential investors. The attractive dividend yield further enhances the fund's appeal, making it a noteworthy consideration in the asset management sector.
AI Generated • Aug 31, 2026

Industry

Capital Markets

Sector

Financials

CEO

James M. Dykas

Headquarters

Wheaton, IL 60187, US

FMY Financials

Key Financial Metrics (TTM)

Gross Margin

80.70%

Operating Margin

135.42%

Net Income Margin

85.71%

Return on Equity

5.52%

Return on Capital

8.39%

Return on Assets

4.96%

Earnings Yield

6.17%

Dividend Yield

6.84%

Payout Ratio

0.00%

Stock Overview

Market Cap

$48.03MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

4.21M

Volume

1.86K

Avg. Volume

3.01K

Financials (TTM)

Gross Profit

$5.83M

Operating Income

$7.14M

EBITDA

$5.42M

Operating Cash Flow

$0.00

Capital Expenditure

$0.00

Free Cash Flow

$0.00

Cash & ST Invst.

$376.20K

Total Debt

$25.80K

First Trust Mortgage Income Fund Performance Analysis

First Trust Mortgage Income Fund annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-10-31USD 1,435,374-45.1%
20232023-10-31USD 1,887,94631.5%
20242024-10-31USD 5,943,044214.8%
20252025-10-31USD 3,253,441-45.3%
First Trust Mortgage Income Fund sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q42024-10-31-1.9%
Q22025-04-30-68.9%
Q42025-10-31221.2%
Q22026-04-30-50.7%
First Trust Mortgage Income Fund annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-10-31USD -1.17N/A
20232023-10-31USD 0.32N/A
20242024-10-31USD 1.90501.1%
20252025-10-31USD 1.08-43.2%
First Trust Mortgage Income Fund sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q42024-10-31-65.2%
Q22025-04-30-65.4%
Q42025-10-31103.7%
Q22026-04-30-70.9%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2026YOY CHG

Revenue

$1.14M

-51.6%

Gross Profit

$807.96K

-53.5%

Gross Margin

70.68%

N/A

Market Cap

$48.03MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

N/A

N/A

Employees

N/A

N/A

Net Income

$668.49K

-85.9%

EBITDA

$668.49K

-85.9%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

$376.20K

-24.5%

Total Debt

$25.80K

-46.5%

Accounts Receivable

$3.98M

-28.5%

Inventory

$0.00

N/A

Long Term Debt

$0.00

N/A

Short Term Debt

$25.80K

-46.5%

Return on Assets

4.96%

N/A

Return on Invested Capital

8.79%

N/A

Free Cash Flow

$0.00

N/A

Operating Cash Flow

$0.00

N/A

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Questions About FMY

What is the current price of First Trust Mortgage Income Fund?

First Trust Mortgage Income Fund is trading at $11.40 per share.

What is the 52-week range for First Trust Mortgage Income Fund?

Over the past 52 weeks, First Trust Mortgage Income Fund has traded between $11.21 and $12.36.

How much debt does First Trust Mortgage Income Fund have?

As of the most recent reporting period, First Trust Mortgage Income Fund reported total debt of $0.00.

How much cash does First Trust Mortgage Income Fund have on hand?

First Trust Mortgage Income Fund reported $3.14M in cash and cash equivalents in its most recent financial results.

What is First Trust Mortgage Income Fund’s dividend yield?

First Trust Mortgage Income Fund currently has a dividend yield of 6.84%.

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