FMY (First Trust Mortgageome Fund) ROC (Joel Greenblatt) %: % (As of Apr. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FMY First Trust Mortgage Income Fund FMY
54 GF Score
Price $11.43
GF Value $11.71
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is First Trust Mortgageome Fund ROC (Joel Greenblatt) %?

First Trust Mortgageome Fund FMY -3.46% 54 ROC (Joel Greenblatt) % is % as of Apr. 2026. GuruFocus rates FMY with a GF Score™ of 54/100 and a GF Value™ of $11.71 (Fairly Valued). The stock has 5 warning signs investors should review. Among 617 Asset Management companies, First Trust Mortgageome Fund ranks worse than 162074.39% on this metric.

ROC (Joel Greenblatt) % does not apply to banks and insurance companies.

FMY
54GF Score
First Trust Mortgage Income Fund FMY
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis
What does a ROC (Joel Greenblatt) % of % mean?
First Trust Mortgageome Fund (FMY) has a ROC (Joel Greenblatt) % of % as of Apr. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on First Trust Mortgageome Fund and its competitors. According to the industry distribution chart, First Trust Mortgageome Fund ranks #999999 out of 617 companies in the Asset Management industry.
Is First Trust Mortgageome Fund's ROC (Joel Greenblatt) % too high?
First Trust Mortgageome Fund's current ROC (Joel Greenblatt) % is %. Based on the distribution chart, First Trust Mortgageome Fund ranks #999999 out of 617 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, First Trust Mortgageome Fund has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does First Trust Mortgageome Fund's ROC (Joel Greenblatt) % compare to OFS and SDEV?
According to the Asset Management industry distribution chart, First Trust Mortgageome Fund ranks #999999 out of 617 companies for ROC (Joel Greenblatt) %. This places First Trust Mortgageome Fund in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 63.35. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC (Joel Greenblatt) % for an Asset Management company?
The median ROC (Joel Greenblatt) % among Asset Management companies is 63.35, based on 617 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on First Trust Mortgageome Fund and its competitors. For the Asset Management industry, the median ROC (Joel Greenblatt) % is 63.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Trust Mortgageome Fund's current ROC (Joel Greenblatt) % is %. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Trust Mortgageome Fund stock overvalued right now?
Based on GuruFocus' analysis, First Trust Mortgageome Fund (FMY) is currently considered Fairly Valued. The stock's GF Value™ is $11.71, compared to a current price of $11.43 — trading 2.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is %. First Trust Mortgageome Fund's overall GF Score™ is 54/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For First Trust Mortgageome Fund (FMY), the current ROC (Joel Greenblatt) % is % as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is First Trust Mortgageome Fund (FMY) Overvalued in 2026?

Based on GuruFocus' analysis, First Trust Mortgageome Fund stock appears to be undervalued. The current stock price of $11.43 is trading 2.4% below its estimated GF Value™ of $11.71. GuruFocus considers First Trust Mortgageome Fund to be Fairly Valued.

Key valuation signals for FMY:

  • ROC (Joel Greenblatt) %: %
  • GF Value™: $11.71 vs. price of $11.43 (2.4% below fair value)
  • GF Score™: 54/100 with 5 warning signs

No single metric tells the full story. See the FMY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

First Trust Mortgageome Fund Business Description

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 representing part ownership in a pool of either residential or commercial mortgage loans that, in the opinion of the Fund's investment advisor, offer an attractive combination of credit quality, yield, and maturity.
54GF Score

Get the complete analysis for FMY

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$11.43
Price
$11.71
GF Value