First Trust Enhanced Equity Income Fund (FFA)
| Market Value | 412.15M |
| Revenue (ttm) | 7.06M |
| Net Income (ttm) | 66.24M |
| Shares Out | 19.99M |
| EPS (ttm) | 3.31 |
| PE Ratio | 6.18 |
| Forward PE | n/a |
| Dividend | $1.40 (6.84%) |
| Ex-Dividend Date | Sep 20, 2024 |
| Volume | 12,083 |
| Open | 20.59 |
| Previous Close | 20.48 |
| Day's Range | 20.41 - 20.64 |
| 52-Week Range | 17.42 - 20.85 |
| Beta | 1.07 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About FFA
First Trust Enhanced Equity Income Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. The fund is co-managed by Chartwell Investment Partners, L.P. It invests in public equity markets of the United States. The fund seeks to invest in stocks of companies operating across the diversified sectors. It invests in stocks of companies across diversified market capitalizations. The fund also writes covered call options. It benchmarks the performance of its portfolio against the S&P 500 Index. The fund was former... [Read more]
News
FFA: This Fund Has Become Even More Concentrated In Tech
The First Trust Enhanced Equity Income Fund offers a 7.00% yield through a covered call strategy, but its yield is lower than some peers. The fund's recent performance includes an 11.79% gain, though ...
First Trust Enhanced Equity Income Fund Issues Notice Regarding September 2024 Distribution
WHEATON, Ill--(BUSINESS WIRE)--The Board of Trustees of First Trust Enhanced Equity Income Fund (the "Fund") (NYSE: FFA), CUSIP 337318109, previously approved a managed distribution policy for the Fun...
First Trust Enhanced Equity Income Fund Declares its Quarterly Distribution of $0.35 Per Share
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Enhanced Equity Income Fund (the "Fund") (NYSE: FFA) has declared the Fund's regularly scheduled quarterly distribution of $0.35 per share. The distribution...
FFA: Looking Outside Of The Beaten Path For Hidden Gems
FFA offers high current income and potential capital appreciation through a diversified portfolio of high-quality stocks and a covered-call options strategy. FFA has historically strong total returns,...
First Trust Enhanced Equity Income Fund Issues Notice Regarding June 2024 Distribution
WHEATON, Ill.--(BUSINESS WIRE)--The Board of Trustees of First Trust Enhanced Equity Income Fund (the "Fund") (NYSE: FFA), CUSIP 337318109, previously approved a managed distribution policy for the Fu...
First Trust Enhanced Equity Income Fund Increases its Quarterly Distribution to $0.35 Per Share
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Enhanced Equity Income Fund (the "Fund") (NYSE: FFA) has increased its regularly scheduled quarterly distribution to $0.35 per share from $0.315 per share. ...
FFA: A Covered Call Fund Trading At An Interesting Discount
The First Trust Enhanced Equity Income Fund is a closed-end fund that utilizes a covered call strategy to generate extra income. FFA has a well-diversified portfolio with a focus on value stocks and a...
First Trust Enhanced Equity Income Fund Issues Notice Regarding March 2024 Distribution
WHEATON, Ill.--(BUSINESS WIRE)--The Board of Trustees of First Trust Enhanced Equity Income Fund (the "Fund") (NYSE: FFA), CUSIP 337318109, previously approved a managed distribution policy for the Fu...
FFA: If You Want To Buy Equities, Buy Them With A Discount
Equities have rallied into 2024, surpassing year-end forecasts and creating a bullish sentiment among retail investors. The First Trust Enhanced Equity Income Fund is a buy-write fund that closely tra...
First Trust Enhanced Equity Income Fund Declares its Quarterly Distribution of $0.315 Per Share
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Enhanced Equity Income Fund (the "Fund") (NYSE: FFA) has declared the Fund's regularly scheduled quarterly distribution of $0.315 per share. The distributio...
FFA: Not The Most Balanced Portfolio, But This Covered Call CEF Is Still Decent
The First Trust Enhanced Equity Income Fund employs a covered call-writing strategy to generate income from its portfolio without sacrificing upside potential. The fund's current yield of 7.01% is low...
ETB And FFA: An Opportunity For A Swap
Both the Eaton Vance Tax-Managed Buy-Write Income Fund and the First Trust Enhanced Equity Income Fund implement an options writing strategy but carry it out in different ways. They both deliver respe...
First Trust Enhanced Equity Income Fund Issues Notice Regarding December 2023 Distribution
WHEATON, Ill.--(BUSINESS WIRE)--The Board of Trustees of First Trust Enhanced Equity Income Fund (the "Fund") (NYSE: FFA), CUSIP 337318109, previously approved a managed distribution policy for the Fu...
First Trust Enhanced Equity Income Fund Issues Notice Regarding September 2023 Distribution
WHEATON, Ill.--(BUSINESS WIRE)--The Board of Trustees of First Trust Enhanced Equity Income Fund (the "Fund") (NYSE: FFA), CUSIP 337318109, previously approved a managed distribution policy for the Fu...
First Trust Advisors L.P. Announces Portfolio Manager Update for First Trust Enhanced Equity Income Fund
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. ("FTA") announced today that Chartwell Investment Partners LLC ("Chartwell"), investment sub-advisor for First Trust Enhanced Equity Income Fu...
FFA: Discount Narrows Taking Away Some Appeal, But Still A Solid Fund To Hold
First Trust Enhanced Equity Income Fund utilizes a call-writing strategy and has seen its discount narrow since our last update. FFA has delivered solid results and outperformed other call-writing fun...
First Trust Enhanced Equity Income Fund Issues Notice Regarding June 2023 Distribution
WHEATON, Ill.--(BUSINESS WIRE)--The Board of Trustees of First Trust Enhanced Equity Income Fund (the "Fund") (NYSE: FFA), CUSIP 337318109, previously approved a managed distribution policy for the Fu...
FFA Vs. ETB: Discounted Call Writing Funds
FFA and ETB utilize an options writing strategy rather than being leveraged. With no leverage, they can be relatively less volatile during uncertain periods.
First Trust Enhanced Equity Income Fund Issues Notice Regarding March 2023 Distribution
WHEATON, Ill.
First Trust Enhanced Equity Income Fund Issues Notice Regarding December 2022 Distribution
WHEATON, Ill.--(BUSINESS WIRE)--The Board of Trustees of First Trust Enhanced Equity Income Fund (the "Fund") (NYSE: FFA), CUSIP 337318109, previously approved a managed distribution policy for the ...
FFA: Unloved Buy-Write CEF, 8% Yield
FFA is an equity buy-write fund from a lesser known asset manager, namely First Trust. FFA's NAV outperforms on a 5-year time-frame when compared to better known names such as ETV and SPXX.
CORRECTING and REPLACING First Trust Advisors L.P. Announces Portfolio Manager Update for First Trust Enhanced Equity Income Fund
WHEATON, Ill.--(BUSINESS WIRE)--Please replace the release dated September 2, 2022, with the following corrected version due to multiple revisions. The updated release reads: FIRST TRUST ADVISORS L.P....
First Trust Enhanced Equity Income Fund Issues Notice Regarding September 2022 Distribution
WHEATON, Ill.--(BUSINESS WIRE)--The Board of Trustees of First Trust Enhanced Equity Income Fund (the "Fund") (NYSE: FFA), CUSIP 337318109, previously approved a managed distribution policy for the Fu...
FFA: An Interesting Play In The Call Writing Space
FFA utilizes a call writing strategy split between index writing and covered calls. The fund has only one distribution cut in its history and has what I believe is a reasonable ~7% distribution rate o...
First Trust Enhanced Equity Income Fund Issues Notice Regarding June 2022 Distribution
WHEATON, Ill.--(BUSINESS WIRE)--The Board of Trustees of First Trust Enhanced Equity Income Fund (the "Fund") (NYSE: FFA), CUSIP 337318109, previously approved a managed distribution policy for the Fu...