FFA Stock Overview
First Trust Enhanced Equity Income Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 5/6 |
First Trust Enhanced Equity Income Fund Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$18.14 |
| 52 Week High | US$19.30 |
| 52 Week Low | US$15.84 |
| Beta | 1.06 |
| 1 Month Change | -3.30% |
| 3 Month Change | -1.57% |
| 1 Year Change | 9.87% |
| 3 Year Change | -6.30% |
| 5 Year Change | 17.79% |
| Change since IPO | -9.30% |
Recent News & Updates
FFA: If You Want To Buy Equities, Buy Them With A Discount
Mar 27FFA: Not The Most Balanced Portfolio, But This Covered Call CEF Is Still Decent
Jan 15Recent updates
FFA: If You Want To Buy Equities, Buy Them With A Discount
Mar 27FFA: Not The Most Balanced Portfolio, But This Covered Call CEF Is Still Decent
Jan 15FFA: Discount Narrows Taking Away Some Appeal, But Still A Solid Fund To Hold
Aug 16First Trust Enhanced Equity Income Fund declares $0.315 dividend
Dec 13FFA: Unloved Buy-Write CEF, 8% Yield
Nov 09First Trust Enhanced Equity Income Fund goes ex-dividend tomorrow
Sep 21FFA: An Interesting Play In The Call Writing Space
Aug 11First Trust Enhanced Equity Income Fund declares $0.285 dividend
Dec 10Shareholder Returns
| FFA | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | 0.9% | -0.7% | -3.2% |
| 1Y | 9.9% | 23.2% | 19.3% |
Return vs Industry: FFA underperformed the US Capital Markets industry which returned 23.2% over the past year.
Return vs Market: FFA underperformed the US Market which returned 19.3% over the past year.
Price Volatility
| FFA volatility | |
|---|---|
| FFA Average Weekly Movement | 1.8% |
| Capital Markets Industry Average Movement | 3.4% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.5% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: FFA has not had significant price volatility in the past 3 months.
Volatility Over Time: FFA's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2004 | n/a | n/a | www.ftportfolios.com/Retail/cef/cefsummary.aspx?Ticker=FFA |
First Trust Enhanced Equity Income Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. The fund is co-managed by Chartwell Investment Partners, L.P. It invests in public equity markets of the United States.
First Trust Enhanced Equity Income Fund Fundamentals Summary
| FFA fundamental statistics | |
|---|---|
| Market cap | US$362.58m |
| Earnings (TTM) | US$66.24m |
| Revenue (TTM) | US$7.06m |
5.5x
P/E Ratio51.4x
P/S RatioIs FFA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FFA income statement (TTM) | |
|---|---|
| Revenue | US$7.06m |
| Cost of Revenue | US$0 |
| Gross Profit | US$7.06m |
| Other Expenses | -US$59.18m |
| Earnings | US$66.24m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 3.31 |
| Gross Margin | 100.00% |
| Net Profit Margin | 938.68% |
| Debt/Equity Ratio | 0% |
How did FFA perform over the long term?
See historical performance and comparison