FFA
First Trust Enhanced Equity Income FundFFA
FFA
About: First Trust Enhanced Equity Income Fund is a diversified, closed-end management investment company. Its investment objective is to provide a high level of current income and gains and, to a lesser extent, capital appreciation. The Fund pursues its investment objective by investing in a diversified portfolio of equity securities.
0
Funds holding %
of 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
63% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 16
3% more funds holding
Funds holding: 62 [Q2] → 64 (+2) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
6.19% less ownership
Funds ownership: 37.13% [Q2] → 30.93% (-6.19%) [Q3]
12% less capital invested
Capital invested by funds: $148M [Q2] → $130M (-$17.9M) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for FFA.
Financial journalist opinion
Neutral
Seeking Alpha
1 week ago
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 seen significantly narrowed discounts along with taxable fixed-income, though municipal bond funds look relatively attractive after widening discounts in December. We are screening for funds with the deepest discounts and widest z-scores to find potential buys and funds that may be getting a bit pricey as sell candidates.
Neutral
Business Wire
3 weeks ago
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 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.
Neutral
Business Wire
1 month ago
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 will be payable on December 31, 2024, to shareholders of record as of December 20, 2024. The ex-dividend date is expected to be December 20, 2024. The quarterly distribution information for the Fund appears below. First Trust Enhanced Equity Income Fund (FFA): Distribution per share: $0.35 Distr.
Positive
Seeking Alpha
1 month ago
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 Opportunities Fund focuses on a tech-heavy portfolio, writing at-the-money options, and has a distribution yield of 8.25%. First Trust Enhanced Equity Income Fund employs an overwrite strategy and also carries a higher tech tilt; the fund offers a 6.86% distribution yield.
Positive
Seeking Alpha
3 months ago
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 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.
Neutral
Business Wire
3 months ago
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 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.
Neutral
Business Wire
4 months ago
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 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.
Positive
Seeking Alpha
6 months ago
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, 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.
Neutral
Business Wire
6 months ago
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 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.
Neutral
Business Wire
7 months ago
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. 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.
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