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First Trust Mortgage Income Fund (FMY) is a diversified, closed-end investment management company based in the United States. The fund's primary objective is to achieve a high level of current income, while its secondary goal is to preserve capital. FMY aims to fulfill these objectives by primarily investing in mortgage-backed securities.
Established by First Trust Portfolios L.P. and First Trust Advisors L.P. in 1991, the company has consistently focused on providing trusted investment products and advisory services. The investment philosophy of First Trust is built upon core principles such as knowing what you own, investing for the long term, employing discipline, re-balancing, and controlling taxes.
First Trust Mortgage Income Fund is designed to meet the needs of financial advisors and their clients, offering original ideas, inventive products, and exceptional levels of service. The fund is managed by a team of experienced professionals who work diligently to ensure superior products and results that contribute to the financial prosperity of their clients.
With a commitment to excellence and customer service, First Trust stands out in the industry. The firm encourages all employees to work respectfully and diligently to deliver top-notch investment solutions. Financial advisors and their clients use First Trust's products and services to define goals, solve problems, and develop long-term strategies.
By focusing on mortgage-backed securities, the fund provides exposure to a segment of the market that can offer attractive income opportunities. FMY remains an evergreen option for investors seeking income and capital preservation, consistently adapting to market conditions while adhering to its foundational principles.
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