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First Trust Enhanced Equity Income Fund (FFA)

Financial Services | Asset Management | Wheaton, United States | NYSE
22.06 USD +0.23 (1.054%) ⇧ (April 17, 2026, 3:59 p.m. EDT)
After hours: 22.06

Short-term: ★★★☆☆ | Long-term: ★★★★☆ | Dividends: ★★★★★
Hot Take | April 11, 2026, 1:22 p.m. EDT

FFA appears to be a solid long-term investment with a strong dividend yield and consistent payouts. The recent price history shows some volatility, but the stock is trading near its 52-week low, which could present a buying opportunity for long-term investors. The dividend yield is attractive, and the payout ratio is reasonable, indicating sustainability. However, the short-term price movement is mixed, and the stock may not be ideal for short-term traders due to the lack of clear momentum. Overall, FFA offers a balance of income and growth potential, making it a good candidate for a long-term portfolio.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.021656
AutoETS0.022126
AutoARIMA0.022196
AutoTheta0.030243

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 41%
H-stat 29.87
Ljung-Box p 0.000
Jarque-Bera p 0.083
Excess Kurtosis -0.20
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-03-19
Last Dividend Date 2026-03-19
Revenue per Share 0.327
Market Cap 440,937,152
Trailing P/E 5.46
Beta 1.00
Profit Margins 1236.28%
Website https://www.ftportfolios.com/Retail/cef/cefsummary.aspx?Ticker=FFA

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
1.94% 7.51% 7.92% 8.48%
Dividend History
Date Dividend Yield %
2026-03-20 0.388 1.937094
2025-12-22 0.388 1.837983
2025-09-22 0.388 1.875726
2025-06-23 0.350 1.863578
2025-03-24 0.350 1.917286
2024-12-20 0.350 1.892168
2024-09-20 0.350 1.947382
2024-06-21 0.350 2.037261
2024-03-22 0.315 1.937294
2023-12-22 0.315 2.075870
2023-09-22 0.315 2.199423
2023-06-22 0.315 2.225469
2023-03-22 0.315 2.415083
2022-12-22 0.315 2.568289
2022-09-22 0.315 2.618375
2022-06-22 0.315 2.583725
2022-03-22 0.315 2.055362
2021-12-22 0.315 2.048977
2021-09-22 0.315 2.135868
2021-06-22 0.315 2.229370
2021-03-22 0.315 2.443601
2020-12-22 0.285 2.434518
2020-09-22 0.285 2.840750
2020-06-22 0.285 2.968383
2020-03-20 0.285 4.226697
2019-12-20 0.285 2.614949
2019-09-20 0.285 2.845391
2019-06-21 0.285 3.000675
2019-03-22 0.285 3.193970
2018-12-21 0.285 3.873089
2018-09-21 0.285 3.024408
2018-06-22 0.285 3.096523
2018-03-22 0.285 3.401197
2017-12-22 0.285 3.166925
2017-09-22 0.285 3.540978
2017-06-22 0.285 3.685780
2017-03-22 0.250 3.405639
2016-12-22 0.240 3.467524
2016-09-22 0.240 3.513295
2016-06-21 0.240 3.760270
2016-03-21 0.240 3.890192
2015-12-22 0.235 3.762873
2015-09-22 0.235 3.954089
2015-06-22 0.235 3.444703
2015-03-20 0.235 3.585691
2014-12-22 0.230 3.552131
2014-09-22 0.230 3.630463
2014-06-20 0.230 3.665049
2014-03-20 0.230 4.125103
2013-12-20 0.225 4.118634
2013-09-19 0.225 4.321649
2013-06-19 0.225 4.360775
2013-03-20 0.225 4.399031
2012-12-21 0.225 4.883887
2012-09-19 0.225 4.825869
2012-06-20 0.225 5.142173
2012-03-21 0.225 5.119338
2011-12-21 0.225 5.895348
2011-09-21 0.225 5.969810
2011-06-21 0.225 5.391510
2011-03-21 0.225 5.448522
2010-12-21 0.220 5.486911
2010-09-21 0.220 5.796760
2010-06-21 0.220 6.451247
2010-03-19 0.220 6.055019
2009-12-21 0.220 6.239631
2009-09-21 0.220 7.018334
2009-06-19 0.220 8.486169
2009-03-19 0.300 13.343947
2008-12-19 0.400 17.737993
2008-09-18 0.400 13.552090
2008-06-18 0.400 11.027864
2008-03-18 0.400 11.296713
2007-12-19 0.400 10.694619
2007-09-18 0.457 11.221601
2007-06-18 0.400 9.272947
2007-03-19 0.400 9.947180
2006-12-20 0.400 9.959528
2006-09-18 0.400 10.468701
2006-06-19 0.400 10.993675
2006-03-17 0.400 10.634765
2005-09-01 0.400 10.120026
2005-06-01 0.400 10.348148
2004-12-20 0.503 13.408962
Additional Data
dividendRate 1.55
dividendYield 7.03
exDividendDate 2026-03-20
trailingAnnualDividendRate 1.475
trailingAnnualDividendYield 0.06756757
lastDividendValue 0.388
lastDividendDate 2026-03-20
dividendDate 2018-12-31

Info Dump

Attribute Value
52 Week Change 0.24316633
Address1 120 East Liberty Drive
Address2 Suite 400
All Time High 22.31
All Time Low 6.69
Ask 22.06
Ask Size 100
Average Daily Volume10 Day 34,010
Average Daily Volume3 Month 32,068
Average Volume 32,068
Average Volume10Days 34,010
Beta 0.997
Bid 21.97
Bid Size 400
Book Value 23.72
City Wheaton
Country United States
Crypto Tradeable 0
Currency USD
Current Price 22.06
Current Ratio 4.906
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 22.11
Day Low 21.8758
Dividend Date 1,546,214,400
Dividend Rate 1.55
Dividend Yield 7.03
Earnings Growth 1.118
Earnings Quarterly Growth 1.118
Earnings Timestamp End 1,741,604,340
Earnings Timestamp Start 1,741,604,340
Ebitda Margins 0.0
Enterprise To Revenue 66.889
Enterprise Value 436,895,840
Eps Trailing Twelve Months 4.04
Esg Populated 0
Ex Dividend Date 1,773,964,800
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 21.315
Fifty Day Average Change 0.74499893
Fifty Day Average Change Percent 0.034951862
Fifty Two Week Change Percent 24.316633
Fifty Two Week High 22.31
Fifty Two Week High Change -0.25
Fifty Two Week High Change Percent -0.0112057375
Fifty Two Week Low 17.46
Fifty Two Week Low Change 4.6000004
Fifty Two Week Low Change Percent 0.26345938
Fifty Two Week Range 17.46 - 22.31
Financial Currency USD
First Trade Date Milliseconds 1,093,613,400,000
Five Year Avg Dividend Yield 6.84
Full Exchange Name NYSE
Gmt Off Set Milliseconds -14,400,000
Gross Margins 1.0
Gross Profits 6,531,644
Has Pre Post Market Data 1
Held Percent Insiders 0.0
Held Percent Institutions 0.33276
Implied Shares Outstanding 19,988,086
Industry Asset Management
Industry Disp Asset Management
Industry Key asset-management
Ir Website http://www.ftportfolios.com/Retail/cef/CEFdividhistory.aspx?Ticker=FFA
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,773,964,800
Last Dividend Value 0.388
Last Fiscal Year End 1,767,139,200
Long Business Summary 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. The fund seeks to invest in stocks of companies operating across the diversified sectors. It invests in stocks of companies across diversified market capitalizations. The fund also writes covered call options. It benchmarks the performance of its portfolio against the S&P 500 Index. The fund was formerly known as First Trust/Fiduciary Asset Management Covered Call Fund. First Trust Enhanced Equity Income Fund was formed on August 26, 2004 and is domiciled in the United States.
Long Name First Trust Enhanced Equity Income Fund
Market us_market
Market Cap 440,937,152
Market State CLOSED
Max Age 86,400
Message Board Id finmb_10113013
Most Recent Quarter 1,767,139,200
Net Income To Common 80,749,280
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 440,937,155
Open 21.95
Operating Margins 0.20561
Payout Ratio 0.3651
Phone 630-765-8000
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 22.06
Post Market Time 1,776,464,521
Previous Close 21.83
Price Hint 2
Price To Book 0.9300169
Price To Sales Trailing12 Months 67.507835
Profit Margins 12.36278
Quick Ratio 4.903
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.23
Regular Market Change Percent 1.05359
Regular Market Day High 22.11
Regular Market Day Low 21.8758
Regular Market Day Range 21.8758 - 22.11
Regular Market Open 21.95
Regular Market Previous Close 21.83
Regular Market Price 22.06
Regular Market Time 1,776,455,994
Regular Market Volume 22,310
Return On Assets 0.00228
Return On Equity 0.18004999
Revenue Growth -0.051
Revenue Per Share 0.327
Sand P52 Week Change 0.36506534
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 19,988,085
Shares Percent Shares Out 0.00029999999
Shares Short 5,463
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 8,038
Short Name First Trust Enhanced Equity Inc
Short Percent Of Float 0.0005
Short Ratio 0.22
Source Interval 15
State IL
Symbol FFA
Total Cash 4,041,310
Total Cash Per Share 0.202
Total Debt 0
Total Revenue 6,531,644
Tradeable 0
Trailing Annual Dividend Rate 1.475
Trailing Annual Dividend Yield 0.06756757
Trailing Eps 4.04
Trailing P E 5.460396
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 21.3974
Two Hundred Day Average Change 0.66259956
Two Hundred Day Average Change Percent 0.030966358
Type Disp Equity
Volume 22,310
Website https://www.ftportfolios.com/Retail/cef/cefsummary.aspx?Ticker=FFA
Zip 60,187