NYSE:FMYFirst Trust/FIDAC Mortgage Income Fund Stock Price, Forecast & News

$13.74

-0.04 (-0.29 %)

(As of 05/27/2020 04:00 PM ET)

Add

Compare

Today's Range

$13.72

Now: $13.74▼

$14.40

50-Day Range

$12.54

MA: $13.18▼

$13.60

52-Week Range

$12.17

Now: $13.74▼

$14.78

Volume3,069 shs

Average Volume15,664 shs

Market CapitalizationN/A

P/E RatioN/A

Dividend Yield0.06%

BetaN/A

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. The fund was formerly known as the First Trust/FIDAC Mortgage Income Fund. First Trust Mortgage Income Fund was formed on May 25, 2005 and is domiciled in United States.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for First Trust/FIDAC Mortgage Income Fund.

2.7 Community Rank

Outperform Votes
First Trust/FIDAC Mortgage Income Fund has received 67 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
First Trust/FIDAC Mortgage Income Fund has received 55 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
First Trust/FIDAC Mortgage Income Fund has received 54.92% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about First Trust/FIDAC Mortgage Income Fund and other stocks. Vote “Outperform” if you believe FMY will outperform the S&P 500 over the long term. Vote “Underperform” if you believe FMY will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
First Trust/FIDAC Mortgage Income Fund is a leading dividend payer. It pays a dividend yield of 0.06%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
First Trust/FIDAC Mortgage Income Fund does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, First Trust/FIDAC Mortgage Income Fund insiders have not sold or bought any company stock.

0.0 Earnings and Valuation

Overall Beat the Market Rank^™

0.87 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Investment Trusts/Mutual Funds

Sub-IndustryN/A

SectorMiscellaneous

Current SymbolNYSE:FMY

Previous Symbol

CUSIP33734E103

CIK1319183

Webwww.ftportfolios.com

Phone630-765-8000

Debt

Debt-to-Equity RatioN/A

Current RatioN/A

Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual SalesN/A

Price / SalesN/A

Cash FlowN/A

Price / Cash FlowN/A

Book ValueN/A

Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

EmployeesN/A

Outstanding SharesN/A

Market CapN/A

Next Earnings DateN/A

OptionableNot Optionable

Receive FMY News and Ratings via Email

Sign-up to receive the latest news and ratings for FMY and its competitors with MarketBeat's FREE daily newsletter.

First Trust/FIDAC Mortgage Income Fund (NYSE:FMY) Frequently Asked Questions

How has First Trust/FIDAC Mortgage Income Fund's stock been impacted by COVID-19 (Coronavirus)?

First Trust/FIDAC Mortgage Income Fund's stock was trading at $13.93 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, FMY stock has decreased by 1.4% and is now trading at $13.74. View which stocks have been most impacted by Coronavirus.

How often does First Trust/FIDAC Mortgage Income Fund pay dividends? What is the dividend yield for First Trust/FIDAC Mortgage Income Fund?

First Trust/FIDAC Mortgage Income Fund announced a monthly dividend on Wednesday, May 20th. Shareholders of record on Tuesday, June 2nd will be paid a dividend of $0.06 per share on Monday, June 15th. This represents a $0.72 annualized dividend and a dividend yield of 5.24%. The ex-dividend date of this dividend is Monday, June 1st. View First Trust/FIDAC Mortgage Income Fund's dividend history.

Has First Trust/FIDAC Mortgage Income Fund been receiving favorable news coverage?

Media headlines about FMY stock have trended somewhat positive recently, according to InfoTrie. The research group identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. First Trust/FIDAC Mortgage Income Fund earned a news impact score of 1.6 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutFirst Trust/FIDAC Mortgage Income Fund.

Who are some of First Trust/FIDAC Mortgage Income Fund's key competitors?

Some companies that are related to First Trust/FIDAC Mortgage Income Fund include 1ST TR SR FR 20/COM (FIV), Aberdeen Income Credit Strategies Fund (ACP), Aberdeen International (AABVF), Aberdeen Total Dynamic Dividend Fund (AOD), AllianceBernstein Natnl Muncpl Incm Fnd. (AFB), ALLIANZGI CNV &/COM (CBH), Allianzgi Convertible & Income Fund (NCV), Allianzgi Convertible & Income Fund II (NCZ), Allianzgi NFJ Dividend int & Prm Stgy Fd (NFJ), Alpine Global Dynamic Dividend Fund (AGD), Apollo Tactical Income Fund (AIF), Ares Dynamic Credit Allocation Fund (ARDC), BLACKROCK 2022/COM (BGIO), Blackrock Coporate High Yield Fund (HYT) and Blackrock Credit Allocation Income Trust (BTZ). View all competitors.

What other stocks do shareholders of First Trust/FIDAC Mortgage Income Fund own?

Based on aggregate information from My MarketBeat watchlists, some companies that other First Trust/FIDAC Mortgage Income Fund investors own include AbbVie (ABBV), Algonquin Power & Utilities (AQN), BCE (BCE), BlackRock Resources and Commodities (BCX), Franklin Resources (BEN), Blackrock Enhanced Internationl Dvdnd Tr (BGY), Bank of Nova Scotia (BNS), BlackRock Enhanced Global Dividend Trust (BOE), British American Tobacco (BTI) and Blackrock Utlts Infra&Pwr Oprtnt Trst (BUI).

Who are First Trust/FIDAC Mortgage Income Fund's key executives?

First Trust/FIDAC Mortgage Income Fund's management team includes the following people:

Mr. Mark Raymond Bradley, Managing Director and Chief Financial Officer (Age 62)
Mr. James M. Dykas, Sr. VP and Controller (Age 53)
Mr. Kristi A. Maher, Chief Compliance Officer and Assistant Sec. (Age 53)
Mr. William Scott Jardine Esq., Chief Legal Officer and Sec. (Age 59)
Mr. Daniel Joel Lindquist CFA, Managing Director and Portfolio Mang. (Age 49)

What is First Trust/FIDAC Mortgage Income Fund's stock symbol?

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

Who are First Trust/FIDAC Mortgage Income Fund's major shareholders?

First Trust/FIDAC Mortgage Income Fund's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Wells Fargo & Company MN (0.00%), Aviance Capital Partners LLC (0.00%), Kovack Advisors Inc. (0.00%), Morgan Stanley (0.00%), UBS Group AG (0.00%) and Advisor Group Holdings Inc. (0.00%). View institutional ownership trends for First Trust/FIDAC Mortgage Income Fund.

Which major investors are selling First Trust/FIDAC Mortgage Income Fund stock?

FMY stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, and UBS Group AG. View insider buying and selling activity for First Trust/FIDAC Mortgage Income Fund.

Which major investors are buying First Trust/FIDAC Mortgage Income Fund stock?

FMY stock was bought by a variety of institutional investors in the last quarter, including Aviance Capital Partners LLC, Advisor Group Holdings Inc., Wells Fargo & Company MN, and Kovack Advisors Inc.. View insider buying and selling activity for First Trust/FIDAC Mortgage Income Fund.

How do I buy shares of First Trust/FIDAC Mortgage Income Fund?

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

What is First Trust/FIDAC Mortgage Income Fund's stock price today?

One share of FMY stock can currently be purchased for approximately $13.74.

What is First Trust/FIDAC Mortgage Income Fund's official website?

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

How can I contact First Trust/FIDAC Mortgage Income Fund?

The company can be reached via phone at 630-765-8000.

This page was last updated on 5/27/2020 by MarketBeat.com Staff