Seeking Alpha

First Trust Mortgage Income Fund (FMY)

  • Akaralph | Send Message 11 Feb 2010

    Reviewed historic performance of all 660 CEF's. Only 7 have had positive returns every year: MIN, FDI, ICB, VBF, EGF, FMY and MGF
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      FMY vs. ETF Alternatives
      Company Description
      It is a diversified investment company that seeks a high level of current income. As a secondary objective it seeks to preserve capital. It will invest primarily in mortgage-backed securities (MBS) of residential and commercial loans. These securities may