First Trust Enhanced Equity Income FundFFA
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.
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
63% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 16
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
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: 37.12% [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.