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First Trust Mortgage Income Fund(NYSE) FMY

Market Cap$49.02MMarket 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)+146%
5 Year+18%
1 Year+1%
1 Month+1%
$11.64
-0.59%
-0.07Today
First Trust Mortgage Income Fund last closing stock price
MetricPriceDate
Last closeUSD 11.642026-08-28
First Trust Mortgage Income Fund stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-0.56%USD 11.702026-08-21
1 month+0.74%USD 11.552026-07-29
3 month+0.95%USD 11.532026-05-29
Year to date-0.5%USD 11.692025-12-31
1 year+0.59%USD 11.572025-08-28
3 year+28.56%USD 9.052023-08-29
5 year+17.65%USD 9.892021-08-27
Since inception+146.45%USD 4.722005-05-26

First Trust Mortgage Income Fund Financials at a Glance

Market Cap

$49.02MMarket 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

16.53

Dividend

$0.79

Beta (Volatility)

0.06 (Low)

Price

$11.64

Volume

13,160.2

Open

$11.67

Previous Close

$11.64

Daily Range

$11.42 - $11.67

52-Week Range

$11.40 - $12.38

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 markets. The fund primarily targets mortgage-backed securities, including pass-through certificates and collateralized mortgage obligations, managed by First Trust Advisors L.P. and Brookfield Investment Management Inc.

Products and Services
  • Investment in mortgage-backed securities (MBS)
  • Focus on fixed income securities
  • Income generation through diversified portfolios
Growth Outlook
  • Recent quarterly revenue reached $1,143,142, indicating strong income generation
  • Trailing twelve months (TTM) revenue of $5,000,000 shows consistent performance
  • Dividend yield of approximately 6.79% reflects attractive income potential
Financial Highlights
  • Net income for the latest quarter was $668,488, showcasing profitability
  • Operating income margin of 58.48% indicates efficient operations
  • Year-to-date stock price range between $11.40 and $12.39 demonstrates stability
First Trust Mortgage Income Fund offers a compelling investment opportunity for those interested in fixed income markets, particularly in mortgage-backed securities. The fund's focus on income generation is supported by its recent financial performance, including a solid revenue stream and a favorable dividend yield. The management team, with experience in asset management, aims to navigate the complexities of the fixed income landscape effectively. Investors may find the fund's consistent profitability and operational efficiency appealing as they consider options in the income-generating sector.
AI Generated • Aug 1, 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

6.05%

Dividend Yield

6.75%

Payout Ratio

0.00%

Stock Overview

Market Cap

$49.02MMarket 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

13.16K

Avg. Volume

3.30K

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

$49.02MMarket 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 $11.64 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 $11.40 and $12.38.

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 6.75%.

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