First Trust Mortgage Income Fund (NYSE:FMY) Plans $0.07 Monthly Dividend

Posted by Ethan Ryder on Aug 21st, 2026

First Trust Mortgage Income Fund (NYSE:FMY – Get Free Report) announced a monthly dividend on Thursday, August 20th. Investors of record on Tuesday, September 1st will be given a dividend of 0.065 per share on Tuesday, September 15th. This represents a c) dividend on an annualized basis and a yield of 6.7%. The ex-dividend date of this dividend is Tuesday, September 1st.

First Trust Mortgage Income Fund Price Performance

Shares of FMY stock opened at $11.70 on Friday. The firm has a 50-day moving average price of $11.68 and a 200 day moving average price of $11.79. First Trust Mortgage Income Fund has a twelve month low of $11.40 and a twelve month high of $12.39.

Hedge Funds Weigh In On First Trust Mortgage Income Fund

An institutional investor recently raised its position in First Trust Mortgage Income Fund stock. Sit Investment Associates Inc. increased its holdings in First Trust Mortgage Income Fund (NYSE:FMY – Free Report) by 1.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,297,106 shares of the company’s stock after purchasing an additional 31,512 shares during the period. Sit Investment Associates Inc.’s holdings in First Trust Mortgage Income Fund were worth $27,910,000 as of its most recent SEC filing.

First Trust Mortgage Income Fund Company Profile

(Get Free Report)

First Trust Mortgage Income Fund (NYSE:FMY) is a closed-end management investment company that seeks to provide high current income by investing primarily in a diversified portfolio of mortgage-related securities. The fund’s investment strategy focuses on residential and commercial mortgage-backed securities (MBS) issued or guaranteed by U.S. government agencies, government-sponsored entities and private issuers, as well as other mortgage-related assets such as collateralized mortgage obligations (CMOs) and mortgage passthrough securities.

Since commencing operations in mid-2002, FMY has employed a disciplined, fundamental research process to construct a portfolio designed to capture income opportunities across the U.S.