FMY
Price:
$11.595
Market Cap:
$48.85M
The First Trust Mortgage Income Fund operates as a closed-end mutual fund primarily focused on generating income. It is managed by First Trust Advisors L.P., with Brookfield Investment Management Inc. sharing co-management responsibilities. The fund's investment mandate centers on the fixed income markets, specifically targeting a range of fixed income securities. A significant portion of its portfolio is dedicated to mortgage-backed securities (MBS), encompassing diverse categories such as pass-through certificates, collateralized mortgage obligations (CMOs), and both residential and commercial mortgage-backed instruments. Established on May 25, 2005, this U.S.-domiciled fund was initially ...[Read more]
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 6.34%. This represents a change of 17.60% compared to the average of 5.40% of the last 4 quarters.
The mean historical ROE of First Trust Mortgage Income Fund over the last ten years is 3.28%. The current 6.34% ROE has changed 93.29% 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
3.28%
Median
2.60%
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 |
|---|---|---|
| 2025 | 8.39% | -44.16% |
| 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% |
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
8.71%
5-year avg
3.56%
10-year avg
3.28%
First Trust Mortgage Income Fund’s ROE is less than Mexico Equity & Income Fund Inc. (33.81%), 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%), greater 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 |
|---|---|---|
| 33.81% | $58.04M | |
| 3.46% | $43.20M | |
| 0% | $45.74M | |
| 0% | $49.12M | |
| 0% | $49.02M | |
| 0% | $64.00M | |
| 0% | $63.96M | |
| 0% | $46.52M | |
| -24.92% | $47.88M | |
| -12.06% | $53.29M |
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How does the current ROE for First Trust Mortgage Income Fund (FMY) compare to its historical average?