First Trust Enhanced Equity Income Fund (FFA)

NYSE: FFA · Real-Time Price · USD
18.17
-0.16 (-0.87%)
Apr 16, 2025, 4:00 PM EDT - Market closed
-0.87%
Market Value 363.18M
Revenue (ttm) 7.04M
Net Income (ttm) 75.56M
Shares Out 19.99M
EPS (ttm) 3.78
PE Ratio 4.76
Forward PE n/a
Dividend $1.40 (7.71%)
Ex-Dividend Date Mar 24, 2025
Volume 39,894
Open 18.17
Previous Close 18.33
Day's Range 17.95 - 18.17
52-Week Range 15.00 - 21.24
Beta 1.01
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]

Sector Financials
Founded 2004
Country United States
Stock Exchange NYSE
Ticker Symbol FFA
Full Company Profile

News

First Trust Enhanced Equity Income Fund Issues Notice Regarding March 2025 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...

16 days ago - Business Wire

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...

5 weeks ago - Business Wire

Closed-End Funds: Screening For Potential Opportunites To Kick Off Q1 2025

The closed-end fund space saw a significant narrowing of discounts throughout 2024 as equity markets charged higher and now discounts remain tight heading into 2025. In particular, equity CEFs have se...

Other symbols: BRWBSTBUICCDCRFCUBADMA
3 months ago - Seeking Alpha

First Trust Enhanced Equity Income Fund Issues Notice Regarding December 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...

3 months ago - Business Wire

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...

4 months ago - Business Wire

ETV And FFA: Call Writing Funds Generating High Distributions For Investors

Closed-end funds can enhance distributions through borrowings or writing covered calls, with the latter offering reduced volatility but still higher relative yields. Eaton Vance Tax-Managed Buy-Write ...

Other symbols: ETV
4 months ago - Seeking Alpha

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 ...

6 months ago - Seeking Alpha

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...

7 months ago - Business Wire

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,...

9 months ago - Seeking Alpha

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...

10 months ago - Business Wire

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. ...

11 months ago - Business Wire

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...

1 year ago - Seeking Alpha

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...

1 year ago - Business Wire

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...

1 year ago - Seeking Alpha

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...

1 year ago - Business Wire

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...

1 year ago - Seeking Alpha

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...

Other symbols: ETB
1 year ago - Seeking Alpha

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Seeking Alpha

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...

1 year ago - Business Wire

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.

Other symbols: ETB
2 years ago - Seeking Alpha

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 ...

2 years ago - Business Wire