If You Invested in First Trust Mortgage Income Fund (FMY)
Looking for the live price? See the FMY quote & overviewWhat $1,000 or $10,000 in FMY Would Be Worth Today
Real historical value by amount invested and how long ago| If you invested | 1 year ago | 5 years ago | 10 years ago | Since Jul 9, 2015 |
|---|---|---|---|---|
| $1,000 | $961 -4% | $851 -15% | $804 -20% | $825 -18% |
| $10,000 | $9,609 -4% | $8,508 -15% | $8,042 -20% | $8,246 -18% |
Based on real historical closing prices through the latest market close. Past performance does not guarantee future results.
Custom Calculation
Choose your own date and amount for FMY$1,000 Investment Over Time
FMY vs S&P 500Year-by-Year Returns
FMY annual performance| Year | Start Price | End Price | Annual Return | Cumulative |
|---|---|---|---|---|
| 2017 | $14.13 | $14.30 | +1.2% | +1.2% |
| 2018 | $14.32 | $13.08 | -8.7% | -7.4% |
| 2019 | $13.11 | $14.01 | +6.9% | -0.8% |
| 2020 | $13.90 | $13.91 | +0.1% | -1.5% |
| 2021 | $13.69 | $13.62 | -0.5% | -3.6% |
| 2022 | $13.60 | $11.21 | -17.6% | -20.7% |
| 2023 | $11.30 | $12.12 | +7.3% | -14.2% |
| 2024 | $12.02 | $11.99 | -0.3% | -15.2% |
| 2025 | $11.84 | $12.15 | +2.6% | -14.0% |
| 2026 | $12.05 | $11.75 | -2.5% | -16.8% |
About First Trust Mortgage Income Fund
Financial Services · NYSE
First Trust Mortgage Income Fund (FMY) is a United States-based diversified closed-end management investment company in the First Trust fund family. The fund's primary investment objective is to seek a high level of current income, and its secondary investment objective is to preserve capital.
The fund pursues its objectives by investing predominantly in mortgage-backed securities. These securities represent interests in pools of residential mortgage loans, commercial mortgage loans, or related mortgage assets. The fund's investment approach emphasizes mortgage-backed securities that, in the view of its investment adviser, offer an attractive combination of credit quality, yield, and maturity.
FMY is a fund vehicle rather than an operating company with product sales or operating segments. Its business profile is defined by portfolio management, fund expenses, income generation from mortgage-related securities, and the risks associated with mortgage credit, interest rates, prepayments, market liquidity, and the closed-end fund structure. As a closed-end fund, its public-company record also includes shareholder governance matters, including proxy voting and trustee elections.
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Frequently Asked Questions
First Trust Mortgage Income Fund investment returns
How much would $1,000 invested in First Trust Mortgage Income Fund be worth today?
If you invested $1,000 in First Trust Mortgage Income Fund (FMY) 10 years ago on 2016-07-08, your investment would be worth $804 today, representing a -19.6% total return, growing at a compounded rate of -2.2% per year (CAGR).
Has First Trust Mortgage Income Fund outperformed the S&P 500?
Over the past 10 years, FMY returned -19.6% compared to +251.6% for the S&P 500, underperforming the benchmark by 271.2 percentage points.
What is First Trust Mortgage Income Fund's average annual return?
The compound annual growth rate (CAGR) of FMY over the past 10 years is -2.2%, growing at a compounded rate each year. Individual years vary significantly — FMY's best recent year was 2023 (+7.3%) and worst was 2022 (-17.6%).
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For informational and educational purposes only — not investment advice.
