First Trust Enhanced Equity Income Fund (FFA) Research
The First Trust Enhanced Equity Income Fund functions as a closed-ended equity mutual fund, originally launched and primarily managed by First Trust Advisors L.P. Chartwell Investment Partners, L.P. additionally serves as a co-manager. This fund strategically allocates capital within the public equity markets of the United States, seeking investments in companies across a broad spectrum of sectors and diverse market capitalizations. A key aspect of its strategy involves the writing of covered call options. The fund's portfolio performance is measured against the S&P 500 Index. Established in the United States on August 26, 2004, it was previously recognized as the First Trust/Fiduciary Asset Management Covered Call Fund.
Market snapshot
- Symbol
- FFA
- Price
- $22.61
- Day change
- +1.03%
- Market cap
- $451.9M
- P/E ratio
- 5.60x
- 52-week range
- 19.5-23.24
- Sector
- Financial Services
- Industry
- Asset Management - Income
Peer companies
- BlackRock Municipal Income Trust (BFK)
- Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (DFP)
- Western Asset High Income Fund II Inc. (HIX)
- John Hancock Preferred Income Fund III (HPS)
- Huber Select Large Cap Value Fund Institutional Class (HULEX)
- Virtus Convertible & Income Fund II (NCZ)
- Neuberger Energy Infrastructure and Income Fund Inc. (NML)
- Steward Global Equity Income Fund I (SGISX)
Recent insider activity
- Driscoll Thomas J. — trade (0 shares) on 2025-09-04
- Rick Edward IV — trade (0 shares) on 2025-01-01
- RIDDLE TIMOTHY J — trade (0 shares) on 2024-12-31
- HAGAR G GREGORY — trade (0 shares) on 2024-12-31
- Powers Rebekah J — trade (0 shares) on 2025-01-21
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