First Trust Mortgage Income Fund (FMY)

First Trust Mortgage Income Fund is a closed-end fund (Mortgage) sponsored by First Trust. As of the 2026-11-09 close it traded at $11.27 against a net asset value of $12.22, a discount of -7.77%. Its one-year average was -6.57% and its one-year discount z-score is -1.03.

Distribution rate: +6.92% on price, +6.38% on NAV. Net investment income covers 41% of the distribution. Return of capital was 35% of distributions in the latest fiscal year.

Activist campaigns: Sit Investment Associates, Inc. owns 54.1% (Schedule 13D, latest filing 2026-03-12).

All closed-end funds and BDCs · Activist campaigns · Discount trends