First Trust Enhanced Equity Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund's investment objective is to provide a high level of current income and gains and, to a lesser extent, capital appreciation. The Fund invests in a diversified portfolio of equity securities. Under normal market conditions, the Fund pursues an integrated investment strategy, in which the Fund invests all of its managed assets in a diversified portfolio of common stocks of the United States corporations and the United States dollar-denominated equity securities of the non-United States issuers. These securities are traded on the United States securities exchanges. In addition, on an ongoing and consistent basis, the Fund writes (sells) covered call options on a portion of the Fund's managed assets. First Trust Advisors L.P. is the investment advisor of the Fund. Chartwell Investment Partners, LLC is the sub-advisor of the Fund.
Industry, Sector and Symbol:
Average Prices:- 50 Day Moving Avg: $14.93
- 200 Day Moving Avg: $14.62
- 52 Week Range: $12.59 - $15.20
P/E:- Trailing P/E Ratio: N/A
- P/E Growth: 0.00
Misc:- Average Volume: 57,534 shs.
Frequently Asked Questions for First Trust Enhanced Equity Income Fund (NYSE:FFA)
What is First Trust Enhanced Equity Income Fund's stock symbol?
First Trust Enhanced Equity Income Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "FFA."
How often does First Trust Enhanced Equity Income Fund pay dividends? What is the dividend yield for First Trust Enhanced Equity Income Fund?
First Trust Enhanced Equity Income Fund declared a quarterly dividend on Tuesday, June 13th. Investors of record on Monday, June 26th will be given a dividend of $0.285 per share on Friday, June 30th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 7.72%. The ex-dividend date is Thursday, June 22nd. This is an increase from First Trust Enhanced Equity Income Fund's previous quarterly dividend of $0.25. View First Trust Enhanced Equity Income Fund's Dividend History.
Who are some of First Trust Enhanced Equity Income Fund's key competitors?
Some companies that are related to First Trust Enhanced Equity Income Fund include Ares Capital Corporation (ARCC), 3i Infrastructure PLC (3IN), Apollo Investment Corporation (AINV), New Mountain Finance Corporation (NMFC), Liberty All-Star Equity Fund (USA), Hercules Capital (HTGC), Ithaca Energy (IAE), Triangle Capital Corporation (TCAP), Invesco California Value Municipal Income Trust (VCV), Foresight Solar Fund Ltd (FSFL), MFS Charter Income Trust (MCR), TICC Capital Corp. (TICC), Medley Capital Corporation (MCC), WhiteHorse Finance (WHF), Invesco Bond Fund (VBF), Kayne Anderson Energy Development (KED), Alcentra Capital Corp. (ABDC) and StoneCastle Financial Corp (BANX).
Who are First Trust Enhanced Equity Income Fund's key executives?
First Trust Enhanced Equity Income Fund's management team includes the folowing people:
- James A. Bowen, Chairman of the Board of Trustee
- Mark R. Bradley, President, Chief Executive Officer
- James M. Dykas, Chief Financial Officer, Chief Accounting Officer, Treasurer
- Kristi A. Maher, Chief Compliance Officer, Assistant Secretary
- Daniel J. Lindquist, Vice President
- W. Scott Jardine Esq., Secretary, Chief Legal Officer
- Thomas R. Kadlec, Lead Independent Trustee
- Richard E. Erickson M.D., Independent Trustee
- Robert F. Keith, Independent Trustee
- Niel Byron Nielson Ph.D., Independent Trustee
Who owns First Trust Enhanced Equity Income Fund stock?
First Trust Enhanced Equity Income Fund's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Advisors Asset Management Inc. (0.00%), Wells Fargo & Company MN (1.55%), Raymond James Financial Services Advisors Inc. (0.00%), Laurion Capital Management LP (0.78%), Arete Wealth Advisors LLC (0.00%) and Royal Bank of Canada (0.00%). View Institutional Ownership Trends for First Trust Enhanced Equity Income Fund.
Who sold First Trust Enhanced Equity Income Fund stock? Who is selling First Trust Enhanced Equity Income Fund stock?
Who bought First Trust Enhanced Equity Income Fund stock? Who is buying First Trust Enhanced Equity Income Fund stock?
First Trust Enhanced Equity Income Fund's stock was purchased by a variety of institutional investors in the last quarter, including Laurion Capital Management LP, Advisors Asset Management Inc., Raymond James Financial Services Advisors Inc., Susquehanna International Group LLP, Private Advisor Group LLC, Cetera Investment Advisers, Institute for Wealth Management LLC. and Bellwether Investment Group LLC. View Insider Buying and Selling for First Trust Enhanced Equity Income Fund.
How do I buy First Trust Enhanced Equity Income Fund stock?
Shares of First Trust Enhanced Equity Income Fund can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is First Trust Enhanced Equity Income Fund's stock price today?
One share of First Trust Enhanced Equity Income Fund stock can currently be purchased for approximately $14.76.
MarketBeat Community Rating for First Trust Enhanced Equity Income Fund (NYSE FFA)MarketBeat's community ratings are surveys of what our community members think about First Trust Enhanced Equity Income Fund and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for First Trust Enhanced Equity Income Fund (NYSE:FFA) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | No ratings tracked in the last 12 months. |
| Consensus Rating: | N/A (Score: NaN) |
| Consensus Price Target: | N/A |
Analysts' Ratings History for First Trust Enhanced Equity Income Fund (NYSE:FFA)
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No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History for First Trust Enhanced Equity Income Fund (NYSE:FFA)
No earnings announcements for this company have been tracked by MarketBeat.com
Earnings Estimates for First Trust Enhanced Equity Income Fund (NYSE:FFA)No earnings estimates for this company have been tracked by MarketBeat.com
Current Dividend Information for First Trust Enhanced Equity Income Fund (NYSE:FFA)| Most Recent Dividend: | 6/30/2017 |
| Annual Dividend: | $1.14 |
| Dividend Yield: | 7.72% |
| Dividend Growth: | 2.00% (3 Year Average) |
| Payout Ratio: | |
Dividend History by Quarter for First Trust Enhanced Equity Income Fund (NYSE FFA)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 6/13/2017 | quarterly | $0.29 | 7.59% | 6/22/2017 | 6/26/2017 | 6/30/2017 |
| 3/10/2017 | quarterly | $0.25 | 6.92% | 3/22/2017 | 3/24/2017 | 3/31/2017 |
| 12/14/2016 | quarterly | $0.24 | 6.98% | 12/22/2016 | 12/27/2016 | 12/30/2016 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for First Trust Enhanced Equity Income Fund (NYSE:FFA)Insider Trades by Quarter for First Trust Enhanced Equity Income Fund (NYSE:FFA)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 8/24/2015 | James A Bowen | Director | Buy | 4,003 | $12.94 | $51,798.82 |  |
(Data available from 1/1/2013 forward)
Headline Trends for First Trust Enhanced Equity Income Fund (NYSE:FFA)
Latest Headlines for First Trust Enhanced Equity Income Fund (NYSE:FFA)
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First Trust Enhanced Equity Income Fund (FFA) Chart for Sunday, August, 20, 2017
