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FIRST TRUST MORTGAGE INCOME FUND - FMY STOCK NEWS

Welcome to our dedicated page for FIRST TRUST MORTGAGE INCOME FUND news (Ticker: FMY), a resource for investors and traders seeking the latest updates and insights on FIRST TRUST MORTGAGE INCOME FUND stock.

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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FAQ

What is the current stock price of FIRST TRUST MORTGAGE INCOME FUND (FMY)?

The current stock price of FIRST TRUST MORTGAGE INCOME FUND (FMY) is $11.94 as of December 20, 2024.

What is the market cap of FIRST TRUST MORTGAGE INCOME FUND (FMY)?

The market cap of FIRST TRUST MORTGAGE INCOME FUND (FMY) is approximately 50.3M.

What is the primary investment objective of First Trust Mortgage Income Fund (FMY)?

The primary investment objective is to seek a high level of current income.

What is the secondary objective of FMY?

The secondary objective is to preserve capital.

In what type of securities does FMY predominantly invest?

FMY predominantly invests in mortgage-backed securities.

Who manages First Trust Mortgage Income Fund?

The fund is managed by First Trust Portfolios L.P. and First Trust Advisors L.P.

When was First Trust founded?

First Trust was founded in 1991.

What are some core principles of First Trust's investment approach?

Core principles include knowing what you own, investing for the long term, employing discipline, re-balancing, and controlling taxes.

How does First Trust Mortgage Income Fund cater to financial advisors and their clients?

The fund provides trusted investment products and advisory services, helping advisors and clients define goals, solve problems, and develop long-term strategies.

What makes First Trust stand out in the investment industry?

First Trust stands out due to its commitment to excellence, customer service, and providing original and inventive investment products.

Is First Trust Mortgage Income Fund suitable for long-term investment?

Yes, the fund is designed to meet long-term investment goals, offering attractive income opportunities and capital preservation.

How does FMY adapt to changing market conditions?

FMY consistently adapts to market conditions while adhering to its foundational investment principles.

FIRST TRUST MORTGAGE INCOME FUND

NYSE:FMY

FMY Rankings

FMY Stock Data

50.30M
4.21M
14%
119.51%
0.39%
Asset Management
Financial Services
Link
United States of America
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