FMY
Price:
$11.87
Market Cap:
$50.01M
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 ROE is 8.26%. This represents a change of 139.05% compared to the average of 3.45% of the last 4 quarters.
The mean historical ROE of First Trust Mortgage Income Fund over the last ten years is 2.48%. The current 8.26% ROE has changed 233.37% with respect to the historical average. Over the past ten years (40 quarters), FMY's ROE was at its highest in in the April 2024 quarter at 9.08%. The ROE was at its lowest in in the October 2022 quarter at -5.00%.
Average
2.48%
Median
2.13%
Minimum
-9.69%
Maximum
15.03%
Discovering the peaks and valleys of First Trust Mortgage Income Fund ROE, 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 = 638.36%
Maximum Annual ROE = 15.03%
Minimum Annual Increase = -808.33%
Minimum Annual ROE = -9.69%
| Year | ROE | Change |
|---|---|---|
| 2024 | 15.03% | 456.50% |
| 2023 | 2.70% | -127.86% |
| 2022 | -9.69% | -808.33% |
| 2021 | 1.37% | -22.83% |
| 2020 | 1.77% | -60.47% |
| 2019 | 4.49% | 179.90% |
| 2018 | 1.60% | -65.69% |
| 2017 | 4.67% | 87.36% |
| 2016 | 2.49% | 638.36% |
| 2015 | 0.34% | -86.14% |
The current ROE 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
2.68%
5-year avg
2.24%
10-year avg
2.48%
First Trust Mortgage Income Fund’s ROE is less than Mexico Equity & Income Fund Inc. (3.53%), less than AMG River Road Focused Absolute Value Fund - Class N (3.46%), 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 (-24.92%), greater than ICON Utilities and Income Fund Investor (-12.06%),
| Company | ROE | Market cap |
|---|---|---|
| 3.53% | $54.52M | |
| 3.46% | $53.28M | |
| 0% | $45.48M | |
| 0% | $49.41M | |
| 0% | $50.48M | |
| 0% | $58.95M | |
| 0% | $58.95M | |
| 0% | $46.52M | |
| -24.92% | $50.91M | |
| -12.06% | $49.34M |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like First Trust Mortgage Income Fund using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like First Trust Mortgage Income Fund or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the ROE?
How can you use the ROE?
What is First Trust Mortgage Income Fund's ROE?
How is the ROE calculated for First Trust Mortgage Income Fund (FMY)?
What is the highest ROE for First Trust Mortgage Income Fund (FMY)?
What is the 3-year average ROE for First Trust Mortgage Income Fund (FMY)?
What is the 5-year average ROE for First Trust Mortgage Income Fund (FMY)?
How does the current ROE for First Trust Mortgage Income Fund (FMY) compare to its historical average?