First Trust Mortgage Income Fund Stock Forecast, Price & News

Wall Street analysts have given First Trust Mortgage Income Fund a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but First Trust Mortgage Income Fund wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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First Trust Mortgage Income Fund saw a drop in short interest in the month of August. As of August 31st, there was short interest totaling 1,300 shares, a drop of 55.2% from the August 15th total of 2,900 shares. Based on an average trading volume of 4,300 shares, the days-to-cover ratio is currently 0.3 days.
View First Trust Mortgage Income Fund's Short Interest.

First Trust Mortgage Income Fund's stock was trading at $13.93 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, FMY shares have decreased by 0.8% and is now trading at $13.82.
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First Trust Mortgage Income Fund declared a monthly dividend on Monday, August 23rd. Stockholders of record on Thursday, September 2nd will be given a dividend of $0.06 per share on Wednesday, September 15th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 5.21%. The ex-dividend date of this dividend is Wednesday, September 1st.
View First Trust Mortgage Income Fund's dividend history.

First Trust Mortgage Income Fund pays an annual dividend of $0.72 per share and currently has a dividend yield of 0.06%.
View First Trust Mortgage Income Fund's dividend history.

Some companies that are related to First Trust Mortgage Income Fund include 578896 (INB.L) (INB), Aberdeen Global Dynamic Dividend Fund (AGD), Aberdeen Income Credit Strategies Fund (ACP), Aberdeen International (AABVF), Aberdeen Total Dynamic Dividend Fund (AOD), AllianceBernstein National Municipal Income Fund (AFB), AllianzGI Convertible & Income 2024 Target Term Fund (CBH), Alternative Asset Opportunities PCC (TLI), Apollo Tactical Income Fund (AIF), Aptus Behavioral Momentum ETF (BEMO), Aptus Fortified Value ETF (FTVA), Ares Dynamic Credit Allocation Fund (ARDC), Bernstein Global Research Fund (BRGL), Bernstein U.S. Research Fund (BERN) and BlackRock 2022 Global Income Opportunity Trust (BGIO).
View all of FMY's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other First Trust Mortgage Income Fund investors own include AbbVie (ABBV), Algonquin Power & Utilities (AQN), BCE (BCE), Blackrock Resources & Commodities Strategy Trust (BCX), Franklin Resources (BEN), BlackRock Enhanced International Dividend Trust (BGY), The Bank of Nova Scotia (BNS), BlackRock Enhanced Global Dividend Trust (BOE), British American Tobacco (BTI) and BlackRock Utilities, Infrastructure & Power Opportunities Trust (BUI).

First Trust Mortgage Income Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "FMY."

First Trust Mortgage Income Fund's stock is owned by many different institutional and retail investors. Top institutional investors include Sit Investment Associates Inc. (0.00%), 1607 Capital Partners LLC (0.00%), Aviance Capital Partners LLC (0.00%), Wells Fargo & Company MN (0.00%), LPL Financial LLC (0.00%) and Bank of America Corp DE (0.00%).
View institutional ownership trends for First Trust Mortgage Income Fund.

FMY stock was sold by a variety of institutional investors in the last quarter, including 1607 Capital Partners LLC, and Wells Fargo & Company MN.
View insider buying and selling activity for First Trust Mortgage Income Fund or view top insider-selling stocks.

FMY stock was bought by a variety of institutional investors in the last quarter, including Aviance Capital Partners LLC, Bank of America Corp DE, Sit Investment Associates Inc., Morgan Stanley, Morgan Stanley, Advisor Group Holdings Inc., and LPL Financial LLC.
View insider buying and selling activity for First Trust Mortgage Income Fund or or view top insider-buying stocks.

Shares of FMY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of FMY stock can currently be purchased for approximately $13.82.

The official website for First Trust Mortgage Income Fund is www.ftportfolios.com.

First Trust Mortgage Income Fund is headquartered at 155 Federal St Ste 700, Boston, Massachusetts 02110-1727.