First Trust Mortgage Income Fund

First Trust Mortgage Income Fundverified

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

The PE Ratio as of December 2025 (TTM) for First Trust Mortgage Income Fund (FMY) is 9.10

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.

First Trust Mortgage Income Fund (FMY) Historical PE Ratio (quarterly & annually)

How has FMY PE Ratio performed in the past?

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.

Quarterly (TTM)
Annual

Average

55.67

Median

35.62

Minimum

-9.40

Maximum

268.95

First Trust Mortgage Income Fund (FMY) PE Ratio by Quarter and Year

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

Quarterly (TTM)
Annual
YearPE RatioChange
20246.36-81.88%
202335.10-473.54%
2022-9.40-113.05%
202172.0237.72%
202052.29150.05%
201920.91-61.54%
201854.37172.39%
201719.96-44.78%
201636.15-86.56%
2015268.95637.53%

First Trust Mortgage Income Fund (FMY) Average PE Ratio

How has FMY PE Ratio performed in the past?

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 (FMY) PE Ratio vs. Peers

How is FMY’s PE Ratio compared to its peers?

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),

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