First Trust Mortgage Income Fund (FMY) to Distribute Monthly Dividend of $0.07 on November 16th

Posted by Brenda Bartman on Oct 22nd, 2026

First Trust Mortgage Income Fund (NYSE:FMY – Get Free Report) declared a monthly dividend on Tuesday, October 20th. Investors of record on Monday, November 2nd will be given a dividend of $0.0650 per share on Monday, November 16th. This represents a $0.78 dividend on an annualized basis and a yield of 7.1%. The ex-dividend date is Monday, November 2nd.

First Trust Mortgage Income Fund Stock Down 4.0%

FMY opened at $10.91 on Thursday. First Trust Mortgage Income Fund has a twelve month low of $10.67 and a twelve month high of $12.36. The company has a 50-day simple moving average of $11.39 and a 200 day simple moving average of $11.62.

First Trust Mortgage Income Fund Company Profile

(Get Free Report)

First Trust Mortgage Income Fund is a diversified, closed-end investment company listed on the New York Stock Exchange under the symbol FMY. The fund is designed to provide investors with a high level of current income, with long-term capital appreciation serving as a secondary objective.

The fund invests primarily in mortgage-related securities, including residential and commercial mortgage-backed securities and other instruments linked to mortgage credit. Its portfolio may include both agency and non-agency securities, allowing the fund to pursue income across different segments of the mortgage market while managing credit, interest-rate and prepayment risks.

First Trust Mortgage Income Fund is advised by First Trust Advisors L.P., an investment management firm affiliated with First Trust.