FMY Stock Overview
First Trust Mortgage Income Fund is a closed-ended fixed income mutual fund launched and managed by First Trust Advisors L.P.
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 2/6 |
| Dividends | 3/6 |
First Trust Mortgage Income Fund Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$11.75 |
| 52 Week High | US$12.18 |
| 52 Week Low | US$10.71 |
| Beta | 0.29 |
| 1 Month Change | -1.92% |
| 3 Month Change | -1.01% |
| 1 Year Change | 1.29% |
| 3 Year Change | -13.35% |
| 5 Year Change | -13.16% |
| Change since IPO | -41.28% |
Recent News & Updates
Recent updates
First Trust Mortgage Income Fund declares $0.055 dividend
Feb 22First Trust Mortgage Income Fund declares $0.055 dividend
Jan 23First Trust Mortgage Income Fund declares $0.055 dividend
Dec 20First Trust Mortgage Income Fund declares $0.055 dividend
Oct 20First Trust Mortgage Income Fund declares $0.055 dividend
Sep 20First Trust Mortgage Income Fund declares $0.055 dividend
Aug 22First Trust Mortgage Income Fund goes ex dividend tomorrow
Jul 29First Trust Mortgage Income Fund declares $0.06 dividend
Dec 21First Trust Mortgage Income Fund declares $0.06 dividend
Nov 19Shareholder Returns
| FMY | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | 0.5% | 1.9% | 1.0% |
| 1Y | 1.3% | 28.1% | 21.9% |
Return vs Industry: FMY underperformed the US Capital Markets industry which returned 31.6% over the past year.
Return vs Market: FMY underperformed the US Market which returned 24.9% over the past year.
Price Volatility
| FMY volatility | |
|---|---|
| FMY Average Weekly Movement | 1.9% |
| Capital Markets Industry Average Movement | 3.5% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: FMY has not had significant price volatility in the past 3 months.
Volatility Over Time: FMY's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2005 | n/a | n/a | www.ftportfolios.com/retail/CEF/CEFsummary.aspx?Ticker=FMY |
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.
First Trust Mortgage Income Fund Fundamentals Summary
| FMY fundamental statistics | |
|---|---|
| Market cap | US$49.50m |
| Earnings (TTM) | US$1.33m |
| Revenue (TTM) | US$3.89m |
37.1x
P/E Ratio12.7x
P/S RatioIs FMY overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FMY income statement (TTM) | |
|---|---|
| Revenue | US$3.89m |
| Cost of Revenue | US$0 |
| Gross Profit | US$3.89m |
| Other Expenses | US$2.55m |
| Earnings | US$1.33m |
Last Reported Earnings
Oct 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.32 |
| Gross Margin | 100.00% |
| Net Profit Margin | 34.33% |
| Debt/Equity Ratio | 0.006% |
How did FMY perform over the long term?
See historical performance and comparisonDividends
8.4%
Current Dividend Yield215%
Payout RatioDoes FMY pay a reliable dividends?
See FMY dividend history and benchmarks| First Trust Mortgage Income Fund dividend dates | |
|---|---|
| Ex Dividend Date | May 01 2024 |
| Dividend Pay Date | May 15 2024 |
| Days until Ex dividend | 4 days |
| Days until Dividend pay date | 18 days |
Does FMY pay a reliable dividends?
See FMY dividend history and benchmarks