First Trust Mortgage Income Fund (FMY) Research
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 known as the First Trust/FIDAC Mortgage Income Fund.
Market snapshot
- Symbol
- FMY
- Price
- $11.69
- Day change
- -0.26%
- Market cap
- $49.3M
- P/E ratio
- 14.38x
- 52-week range
- 11.4-12.39
- Sector
- Financial Services
- Industry
- Asset Management - Income
Peer companies
- AMG River Road Focused Absolute Value Fund - Class N (ARRFX)
- Cambiar Aggressive Value Fund Investor Class (CAMAX)
- ICON Utilities and Income Fund Investor (ICTVX)
- Janus Henderson U.S. Dividend Income I (JIDVX)
- Janus Henderson U.S. Dividend Income N (JNDVX)
- Scharf Multi-Asset Opportunity Fund Retail Class (LOGBX)
- AMG Veritas China Fund Class N (MMCFX)
- Mexico Equity & Income Fund Inc. (MXE)
Recent insider activity
- Driscoll Thomas J. — trade (0 shares) on 2025-09-04
- KADLEC THOMAS R — P-Purchase (503 shares) on 2025-10-31
- KADLEC THOMAS R — P-Purchase (242 shares) on 2025-10-10
- MALTBIE DEREK — trade (0 shares) on 2023-06-05
- Wright Bronwyn — trade (0 shares) on 2023-09-10
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