First Trust Enhanced Equity Income Fund

First Trust Enhanced Equity Income Fund is a diversified, closed-end management investment fund. Its investment objective is to provide a high level of current income and gains and, to a lesser extent, capital appreciation. The company was founded on May 20, 2004 and is headquartered in Wheaton, IL.

First Trust Enhanced Equity Income Fund is a closed-end management investment fund. It engages in the business of investing in a diversified portfolio of equity securities. The company was founded on May 20, 2004 and is headquartered in Wheaton, IL.

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 it lagged behind the S&P 500 due to its income-focused strategy. Despite a high weighting in low-yielding mega-cap tech stocks, the fund's covered call strategy boosts income, making it attractive for income-focused investors.

FFA: This Fund Has Become Even More Concentrated In Tech

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 Fund (the "Managed Distribution Plan") in reliance on exemptive relief received from the Securities and Exchange Commission which permits the Fund to make periodic distributions of long-term capital gains more frequently than otherwise permitted with respect to its common shares subject to certain con.

First Trust Enhanced Equity Income Fund Issues Notice Regarding September 2024 Distribution

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 will be payable on September 30, 2024, to shareholders of record as of September 20, 2024. The ex-dividend date is expected to be September 20, 2024. The quarterly distribution information for the Fund appears below. First Trust Enhanced Equity Income Fund (FFA): Distribution per share: $0.35 Dist.

First Trust Enhanced Equity Income Fund Declares its Quarterly Distribution of $0.35 Per Share

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, trading at a significant P/E discount compared to S&P 500, and pays an attractive 7.0% managed distribution yield. FFA outperformed JEPI in total returns since inception, offering a potential alternative for investors concerned about high valuations in mega-cap stocks.

FFA: Looking Outside Of The Beaten Path For Hidden Gems

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 Fund (the "Managed Distribution Plan") in reliance on exemptive relief received from the Securities and Exchange Commission which permits the Fund to make periodic distributions of long-term capital gains more frequently than otherwise permitted with respect to its common shares subject to certain co.

First Trust Enhanced Equity Income Fund Issues Notice Regarding June 2024 Distribution

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. The distribution will be payable on June 28, 2024, to shareholders of record as of June 21, 2024. The ex-dividend date is expected to be June 21, 2024. The quarterly distribution information for the Fund appears below. First Trust Enhanced Equity Income Fund (FFA): Distribution per share: $0.35 Dis.

First Trust Enhanced Equity Income Fund Increases its Quarterly Distribution to $0.35 Per Share

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 an overweight position in the technology sector. Despite mixed short-term performance, FFA has consistently outperformed its benchmark and peer group over the long run.

FFA: A Covered Call Fund Trading At An Interesting Discount

First Trust Enhanced Equity Income Fund Issues Notice Regarding March 2024 Distribution

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 tracks the S&P 500 and offers a discount to NAV. FFA has a dynamic options overlay strategy and a low proportion of its portfolio overwritten with calls, making it an attractive alternative to buying the S&P 500 outright.

FFA: If You Want To Buy Equities, Buy Them With A Discount

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 distribution will be payable on March 28, 2024, to shareholders of record as of March 25, 2024. The ex-dividend date is expected to be March 22, 2024. The quarterly distribution information for the Fund appears below. First Trust Enhanced Equity Income Fund (FFA): Distribution per share: $0.315 Distribution R.

First Trust Enhanced Equity Income Fund Declares its Quarterly Distribution of $0.315 Per Share

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 lower than some of its peers, but it is not as overwritten as all of them. The fund has outperformed the S&P 500 Index over the past three years, but its performance is expected to be stronger in bear or flat markets.

FFA: Not The Most Balanced Portfolio, But This Covered Call CEF Is Still Decent

Eaton Vance Tax-Managed Buy-Write Income Fund

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 respectable distribution yields, with ETB paying monthly and FFA paying quarterly. However, the valuation difference between the two makes ETB look much more appealing on both an absolute and relative basis.

ETB And FFA: An Opportunity For A Swap

First Trust Enhanced Equity Income Fund Issues Notice Regarding December 2023 Distribution

First Trust Enhanced Equity Income Fund Issues Notice Regarding September 2023 Distribution

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 Fund (NYSE: FFA) (the "Fund"), will release an update on the market and the Fund for financial professionals and investors. To listen to the update, click on the following link: FFA Replay 9/28/2023 The update will be available Thursday, September 28, 2023, at 5:00 P.M. Eastern Time until 11:59 P.M.

First Trust Advisors L.P. Announces Portfolio Manager Update for First Trust Enhanced Equity Income Fund

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 funds, thanks, at least in part, to its partial overwrite strategy. FFA offers a solid distribution yield of 6.89% and has a relatively moderate turnover rate and a tech-heavy portfolio.

FFA: Discount Narrows Taking Away Some Appeal, But Still A Solid Fund To Hold

First Trust Enhanced Equity Income Fund Issues Notice Regarding June 2023 Distribution

FFA and ETB utilize an options writing strategy rather than being leveraged. With no leverage, they can be relatively less volatile during uncertain periods.

FFA Vs. ETB: Discounted Call Writing Funds

First Trust Enhanced Equity Income Fund Issues Notice Regarding March 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 Fund (the "Managed Distribution Plan") in reliance on exemptive relief received from the Securities and Exchange Commission which permits the Fund to make periodic distributions of long-term capital gains more frequently than otherwise permitted with respect to its common shares subject to certain conditions.

First Trust Enhanced Equity Income Fund Issues Notice Regarding December 2022 Distribution

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.

FFA: Unloved Buy-Write CEF, 8% Yield

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. ANNOUNCES PORTFOLIO MANAGER UPDATE FOR FIRST TRUST ENHANCED EQUITY INCOME FUND First Trust Advisors L.P. ("FTA") announced today that Chartwell Investment Partners LLC ("Chartwell"), investment sub-advisor for FFA (NYSE: FFA) (the "Fund"), will release an update on the market and the Fund for fina

CORRECTING and REPLACING First Trust Advisors L.P. Announces Portfolio Manager Update for First Trust Enhanced Equity Income Fund

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 Fund (the "Managed Distribution Plan") in reliance on exemptive relief received from the Securities and Exchange Commission which permits the Fund to make periodic distributions of long-term capital gains more frequently than otherwise permitted with respect to its common shares subject to certain co

First Trust Enhanced Equity Income Fund Issues Notice Regarding September 2022 Distribution

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 on its NAV.

News for First Trust Enhanced Equity Income Fund ETF (FFA)