First Trust Mortgage Income Fund

First Trust Mortgage Income Fundverified

FMY

Price:

$11.9

Market Cap:

$50.14M

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.

Industry

Asset Management - Income

IPO Date

2005-05-26

Stock Exchange

NYSE

Ticker

FMY

The Enterprise Value as of December 2025 (TTM) for First Trust Mortgage Income Fund (FMY) is 49.69M

According to First Trust Mortgage Income Fund’s latest financial reports and current stock price. The company's current Enterprise Value is 49.69M. This represents a change of 1.03% compared to the average of 49.18M of the last 4 quarters.

First Trust Mortgage Income Fund (FMY) Historical Enterprise Value (quarterly & annually)

How has FMY Enterprise Value performed in the past?

The mean historical Enterprise Value of First Trust Mortgage Income Fund over the last ten years is 52.85M. The current 49.69M Enterprise Value has changed 9.30% with respect to the historical average. Over the past ten years (40 quarters), FMY's Enterprise Value was at its highest in in the April 2013 quarter at 77.72M. The Enterprise Value was at its lowest in in the April 2012 quarter at 0.

Quarterly (TTM)
Annual

Average

52.85M

Median

53.93M

Minimum

44.46M

Maximum

58.54M

First Trust Mortgage Income Fund (FMY) Enterprise Value by Quarter and Year

Discovering the peaks and valleys of First Trust Mortgage Income Fund Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 9.97%

Maximum Annual Enterprise Value = 58.54M

Minimum Annual Increase = -17.87%

Minimum Annual Enterprise Value = 44.46M

Quarterly (TTM)
Annual
YearEnterprise ValueChange
202451.10M9.97%
202346.47M4.51%
202244.46M-17.87%
202154.13M-1.62%
202055.02M-1.34%
201955.77M5.98%
201852.62M-7.09%
201756.64M5.43%
201653.72M-8.23%
201558.54M-7.22%

First Trust Mortgage Income Fund (FMY) Average Enterprise Value

How has FMY Enterprise Value performed in the past?

The current Enterprise Value of First Trust Mortgage Income Fund (FMY) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

47.34M

5-year avg

50.24M

10-year avg

52.85M

First Trust Mortgage Income Fund (FMY) Enterprise Value vs. Peers

How is FMY’s Enterprise Value compared to its peers?

First Trust Mortgage Income Fund’s Enterprise Value is less than Mexico Equity & Income Fund Inc. (53.41M), less than AMG River Road Focused Absolute Value Fund - Class N (266.75M), greater than AMG Veritas China Fund Class N (0), greater than Scharf Multi-Asset Opportunity Fund Retail Class (0), greater than Dupree Mutual Funds Tennessee Tax-Free Income Series (0), greater than Janus Henderson U.S. Dividend Income I (0), greater than Janus Henderson U.S. Dividend Income N (0), less than Cambiar Aggressive Value Fund Investor Class (0), less than RiverParks Large Growth Fund Retail Shares (283.75M), greater than ICON Utilities and Income Fund Investor (49.15M),

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Frequently asked questions❓

What is the Enterprise Value?

How can you use the Enterprise Value?

What is First Trust Mortgage Income Fund's Enterprise Value?

What is the highest Enterprise Value for First Trust Mortgage Income Fund (FMY)?

What is the 3-year average Enterprise Value for First Trust Mortgage Income Fund (FMY)?

What is the 5-year average Enterprise Value for First Trust Mortgage Income Fund (FMY)?

How does the current Enterprise Value for First Trust Mortgage Income Fund (FMY) compare to its historical average?