FMY
Price:
$12.0111
Market Cap:
$50.60M
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
According to First Trust Mortgage Income Fund’s latest financial reports and current stock price. The company's current PE Ratio is 9.10. This represents a change of 224.47% compared to the average of 2.80 of the last 4 quarters.
The mean historical PE Ratio of First Trust Mortgage Income Fund over the last ten years is 55.67. The current 9.10 PE Ratio has changed 1.53% with respect to the historical average. Over the past ten years (40 quarters), FMY's PE Ratio was at its highest in in the April 2016 quarter at 438.18. The PE Ratio was at its lowest in in the October 2014 quarter at -99.68.
Average
55.67
Median
35.62
Minimum
-9.40
Maximum
268.95
Discovering the peaks and valleys of First Trust Mortgage Income Fund PE Ratio, 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 = 637.53%
Maximum Annual PE Ratio = 268.95
Minimum Annual Increase = -473.54%
Minimum Annual PE Ratio = -9.40
| Year | PE Ratio | Change |
|---|---|---|
| 2024 | 6.36 | -81.88% |
| 2023 | 35.10 | -473.54% |
| 2022 | -9.40 | -113.05% |
| 2021 | 72.02 | 37.72% |
| 2020 | 52.29 | 150.05% |
| 2019 | 20.91 | -61.54% |
| 2018 | 54.37 | 172.39% |
| 2017 | 19.96 | -44.78% |
| 2016 | 36.15 | -86.56% |
| 2015 | 268.95 | 637.53% |
The current PE Ratio of First Trust Mortgage Income Fund (FMY) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
10.69
5-year avg
31.28
10-year avg
55.67
First Trust Mortgage Income Fund’s PE Ratio is greater than Mexico Equity & Income Fund Inc. (-3.40), greater than AMG River Road Focused Absolute Value Fund - Class N (0), 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), greater than RiverParks Large Growth Fund Retail Shares (0), greater than ICON Utilities and Income Fund Investor (0),
| Company | PE Ratio | Market cap |
|---|---|---|
| -3.40 | $52.93M | |
| 0 | $51.93M | |
| 0 | $51.01M | |
| 0 | $50.32M | |
| 0 | $50.88M | |
| 0 | $51.92M | |
| 0 | $51.92M | |
| 0 | $46.52M | |
| 0 | $51.51M | |
| 0 | $49.68M |
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What is the PE Ratio?
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What is First Trust Mortgage Income Fund's PE Ratio?
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What is the 3-year average PE Ratio for First Trust Mortgage Income Fund (FMY)?
What is the 5-year average PE Ratio for First Trust Mortgage Income Fund (FMY)?
How does the current PE Ratio for First Trust Mortgage Income Fund (FMY) compare to its historical average?