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FMY (First Trust Mortgageome Fund) Market Cap : $51.36 Mil (As of Dec. 12, 2024)


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What is First Trust Mortgageome Fund Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). First Trust Mortgageome Fund's share price for the quarter that ended in Apr. 2024 was $11.81. First Trust Mortgageome Fund's Shares Outstanding (EOP) for the quarter that ended in Apr. 2024 was 4.21 Mil. Therefore, First Trust Mortgageome Fund's market cap for the quarter that ended in Apr. 2024 was $49.76 Mil.

First Trust Mortgageome Fund's quarterly market cap declined from Apr. 2023 ($48.44 Mil) to Oct. 2023 ($45.84 Mil) but then increased from Oct. 2023 ($45.84 Mil) to Apr. 2024 ($49.76 Mil).

First Trust Mortgageome Fund's annual market cap declined from Oct. 2021 ($57.72 Mil) to Oct. 2022 ($46.39 Mil) and declined from Oct. 2022 ($46.39 Mil) to Oct. 2023 ($45.84 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. First Trust Mortgageome Fund's Enterprise Value for Today is $51.36 Mil.


First Trust Mortgageome Fund Market Cap Historical Data

The historical data trend for First Trust Mortgageome Fund's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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First Trust Mortgageome Fund Market Cap Chart

First Trust Mortgageome Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Market Cap
Get a 7-Day Free Trial 58.94 56.46 57.72 46.39 45.84

First Trust Mortgageome Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 49.21 46.39 48.44 45.84 49.76

Competitive Comparison of First Trust Mortgageome Fund's Market Cap

For the Asset Management subindustry, First Trust Mortgageome Fund's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Trust Mortgageome Fund's Market Cap Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, First Trust Mortgageome Fund's Market Cap distribution charts can be found below:

* The bar in red indicates where First Trust Mortgageome Fund's Market Cap falls into.



First Trust Mortgageome Fund Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

First Trust Mortgageome Fund's Market Cap for the fiscal year that ended in Oct. 2023 is calculated as

Market Cap (A: Oct. 2023 )=Share Price (A: Oct. 2023 )*Shares Outstanding (EOP) (A: Oct. 2023 )
=$10.88*4.21312
=$45.84

First Trust Mortgageome Fund's Market Cap for the quarter that ended in Apr. 2024 is calculated as

Market Cap (Q: Apr. 2024 )=Share Price (Q: Apr. 2024 )*Shares Outstanding (EOP) (Q: Apr. 2024 )
=$11.81*4.21312
=$49.76

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


First Trust Mortgageome Fund  (NYSE:FMY) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


First Trust Mortgageome Fund Market Cap Related Terms

Thank you for viewing the detailed overview of First Trust Mortgageome Fund's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.


First Trust Mortgageome Fund Business Description

Traded in Other Exchanges
N/A
Address
120 East Liberty Drive, Suite 400, Wheaton, IL, USA, 60187
First Trust Mortgage Income Fund is a United States based diversified, closed-end management investment company. The fund's primary investment objective is to seek a high level of current income. Its secondary investment objective is to preserve capital. The fund pursues its objectives by investing predominantly in mortgage-backed securities.
Executives
Bronwyn Wright director FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Owen N Aronson other: Portfolio Manager FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
M Keefe Denise director C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Kelly Catherine Dehler other: Officer - Investment Advisor C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Scott Michael Friske other: Officer - Investment Advisor FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
James W Snyder other: Portfolio Manager C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Jeremiah Charles other: Portfolio Manager C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Shane Shannon officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Donald Swade officer: Assistant Treasurer C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Katherine L Urevig officer: Assistant Treasurer C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Honggang Chris Wu other: Officer-Invest. Sub-Advisor BROOKFIELD INVESTMENT MANAGEMENT INC, BROOKFIELD PLACE, 250 VESEY ST, 15TH FL, NEW YORK NY 10281-1023
Brookfield Investment Management Inc. other: Investment Sub-Advisor BROOKFIELD PLACE, 225 LIBERTY STREET, 43RD FLOOR, NEW YORK NY 10281
Anthony A. Breaks other: Officer-Invest. Sub-Advisor C/O BROOKFIELD INVESTMENT MGMT. INC, BROOKFIELD, 250 VESEY STREET, 15TH FLOOR, NEW YORK NY 10281-1023
Rosanne Gatta officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY STREET, SUITE 400, WHEATON IL 60187
Erin E Klassman officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, WHEATON IL 60187