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

Posted by Tammy Falkenburg on Aug 21st, 2026

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

First Trust Mortgage Income Fund Stock Performance

FMY stock opened at $11.70 on Friday. First Trust Mortgage Income Fund has a 1-year low of $11.40 and a 1-year high of $12.39. The business has a 50-day moving average price of $11.68 and a 200 day moving average price of $11.79.

Institutional Inflows and Outflows

An institutional investor recently raised its position in First Trust Mortgage Income Fund stock. Sit Investment Associates Inc. raised its stake in First Trust Mortgage Income Fund (NYSE:FMY – Free Report) by 1.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund 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 filing with the Securities and Exchange Commission (SEC).

About First Trust Mortgage Income Fund

(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.