Equities

First Trust Enhanced Equity Income Fund

FFA:NYQ

First Trust Enhanced Equity Income Fund

Actions
FinancialsClosed End Investments
  • Price (USD)19.48
  • Today's Change-0.530 / -2.65%
  • Shares traded25.47k
  • 1 Year change+4.34%
  • Beta1.0058
Data delayed at least 15 minutes, as of Mar 10 2025 23:00 BST.
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About the company

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 pursues its investment objective by investing in a diversified portfolio of equity securities. Under normal market conditions, the Fund pursues an integrated investment strategy in which the Fund invests substantially all of its managed assets in a diversified portfolio of common stocks of United States (U.S.) corporations and U.S. dollar-denominated equity securities of non-U.S. issuers, in each case that are traded on U.S. 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. The Fund's investment advisor is First Trust Advisors L.P. and its investment sub-advisor is Chartwell Investment Partners, LLC.

  • Revenue in USD (TTM)7.17m
  • Net income in USD70.36m
  • Incorporated2004
  • Employees--
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Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Innventure Inc0.00-5.79m385.98m----1.35-----0.3499-0.34990.005.760.00-------3.37---3.47--------------0.0419-------60.50------
Stellus Capital Investment Corp104.74m45.84m386.37m0.007.811.04--3.691.801.804.0913.460.1109--248.71--4.853.204.933.2544.9845.0443.7732.42----0.6158107.11-1.0512.20161.4711.64--4.97
BNY Mellon Strategic Municipals Inc28.70m73.51m386.83m--5.260.8564--13.481.181.180.46077.250.0441------11.300.610911.460.614870.1985.42256.1914.69----0.3264617.220.3099-5.203,984.907.51---11.50
Churchill Capital Corp IX-100.00bn-100.00bn387.52m----1.36----------7.79----------------------------0.00--------------
BlackRock MuniYield NewYork Qlty Fnd Inc-100.00bn-100.00bn388.88m0.00------------------------------------------------------------
Western Asset High Income Fund II Inc-100.00bn-100.00bn391.65m--------------------------------------------------------------
Invesco Advantage Municipal Income Tr II32.25m38.70m391.66m0.0010.120.897--12.140.87160.87160.72639.830.0466--4.96--5.590.91145.700.918250.8764.36120.0122.51----0.3525297.36-0.6983-3.22153.3817.14---8.82
Western Asst High Incm Opprtnty Fnd Inc.-100.00bn-100.00bn392.76m--------------------------------------------------------------
Gabelli Utility Trust-100.00bn-100.00bn397.90m--------------------------------------------------16.93--34.66------
FRMO Corp6.92m206.94m399.29m0.001.930.96540.851257.724.704.700.15719.400.0108--1.98--73.1414.11129.4122.49----6,778.40759.55----0.0008--117.603.08675.6873.5614.25--
First Trust Enhanced Equity Income Fund7.17m70.36m399.96m--5.680.9805--55.783.523.520.358820.410.0184--2.70--18.02--18.24--39.44--981.28------0.00--0.0882--196.50------
PGIM Shrt Duratin Hgh Yld Opprtnts Fund35.99m40.72m406.24m--9.980.9357--11.291.651.651.4617.600.0642--4.05--7.27--7.34--62.48--113.16------0.2236--17.09--55.00------
Allspring Income Opportunities Fund48.85m72.50m407.15m--9.270.9347--8.330.74320.74320.82477.370.0786--3.48--11.672.6911.932.7467.4675.31148.4143.54----0.3026219.9710.25-1.98478.260.8261---2.73
Nuveen Multi-Asset Income Fund29.36m46.16m414.14m--8.970.915--14.111.381.380.878413.540.0442--7.71--6.95--7.94--48.16--157.20------0.2852--1.31--137.44------
Eaton Vnc Tax-Advtgd Glbl Dvdnd Oppnt Fd-100.00bn-100.00bn414.46m--------------------------------------------------------------
Eaton Vance Tax-Managed Buy-Wrte Incm Fd6.56m76.71m415.65m0.005.420.9076--63.352.612.610.223415.590.0148--9.66--17.328.6217.398.6532.2641.061,169.08520.94----0.0082.35-8.56-4.5117.382.79---1.42
Data as of Mar 10 2025. Currency figures normalised to First Trust Enhanced Equity Income Fund's reporting currency: US Dollar USD

Institutional shareholders

21.65%Per cent of shares held by top holders
HolderShares% Held
Morgan Stanley Smith Barney LLC (Investment Management)as of 31 Dec 20241.53m7.66%
Exeter Financial LLCas of 31 Dec 2024529.03k2.65%
Wells Fargo Clearing Services LLCas of 31 Dec 2024492.87k2.47%
Guggenheim Partners Investment Management LLCas of 31 Dec 2024374.90k1.88%
UBS Financial Services, Inc.as of 31 Dec 2024274.83k1.38%
RBC Capital Markets LLC (Investment Management)as of 31 Dec 2024266.21k1.33%
Raymond James & Associates, Inc. (Invt Mgmt)as of 31 Dec 2024249.21k1.25%
Invesco Capital Management LLCas of 31 Dec 2024239.93k1.20%
Karpus Management, Inc.as of 31 Dec 2024198.74k0.99%
North Star Investment Management Corp.as of 31 Dec 2024169.84k0.85%
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Data from 31 Dec 2024 - 31 Dec 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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