First Trust Enhanced Equity Income (FFA)
17.65
+0.08 (+0.48%)
USD |
NYSE |
Aug 08, 16:00
17.65
0.00 (0.00%)
After-Hours: 19:36
Price Chart
Key Stats
Customize
| Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 1.12% | -2.96% | 361.69M | 55901.13 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (All) |
| 0.99% | 14.00% | -18.30M | Upgrade |
Basic Info
| Investment Strategy | |
| The Funds investment objective is to provide a high level of current income and, to a lesser extent, capital appreciation. The Fund seeks to achieve its investment objective by investing in a diversified portfolio of equity and writing call options on at least 80% of the Funds managed assets. Under normal market conditions, the Fund will pursue an integrated investment strategy in which the Fund will invest substantially all of its managed assets in a diversified portfolio of common stock of US corporations and US dollar-denominated equity securities of foreign issuers, and on an ongoing and consistent basis, write covered call options on at least 80% of the Funds managed assets. Effective on 19-Nov-07; the fund will no longer be required to write call options on at least 80% of its managed assets Effective from 08-Jan-08, the fund manager will be prohibited from investing 25% or more of the Funds total assets in securities of issuers in any single industry. |
| General | |
| Security Type | Closed-End Fund |
| Equity Style | Large Cap/Blend |
| Fixed Income Style | -- |
| Broad Asset Class | Nontraditional Equity |
| Broad Category | Equity |
| Category Name | Derivative Income |
| Category Index | CBOE S&P 500 BuyWrite BXM |
| Prospectus Objective | Equity-Income |
| Fund Owner Firm Name | First Trust Advisors L.P. |
| Prospectus Benchmark Index | |
| S&P 500 TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
| Manager Tenure | |
| Douglas Kugler | 14.89 yrs |
| Peter Schofield | 0.36 yrs |
Net Fund Flows Versus Category
1 Month
% Rank:
--
--
Category Low
--
Category High
1 Year
% Rank:
75
-18.30M
-368.59M
Category Low
9.504B
Category High
3 Months
% Rank:
--
--
Category Low
--
Category High
3 Years
% Rank:
--
--
Category Low
--
Category High
6 Months
% Rank:
--
--
Category Low
--
Category High
5 Years
% Rank:
--
--
Category Low
--
Category High
YTD
% Rank:
--
--
Category Low
--
Category High
10 Years
% Rank:
--
--
Category Low
--
Category High
As of January 31, 2012
Performance Versus Category
As of August 05, 2022. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of August 05, 2022.
Asset Allocation
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| Microsoft Corp | 9.08% | 280.35 | -0.90% |
| Apple Inc | 8.90% | 164.85 | -0.30% |
| Alphabet Inc Class C | 3.98% | 118.17 | -0.04% |
| UnitedHealth Group Inc | 3.44% | 536.69 | 0.30% |
| JPMorgan Chase & Co | 3.40% | 114.34 | -1.23% |
| NVIDIA Corp | 3.07% | 177.91 | -6.31% |
| Thermo Fisher Scientific Inc | 2.26% | 584.06 | -1.05% |
| Costco Wholesale Corp | 2.16% | 541.93 | 0.23% |
| Danaher Corp | 2.07% | 287.32 | -0.92% |
| Chubb Ltd | 1.98% | 186.55 | 0.66% |
News
Headline
Wire
Time (ET)
Yahoo
06/30 16:10
Yahoo
06/14 09:25
Yahoo
06/13 16:10
MT Newswires
12/13 16:23
Business Wire
09/10 16:27
Basic Info
| Investment Strategy | |
| The Funds investment objective is to provide a high level of current income and, to a lesser extent, capital appreciation. The Fund seeks to achieve its investment objective by investing in a diversified portfolio of equity and writing call options on at least 80% of the Funds managed assets. Under normal market conditions, the Fund will pursue an integrated investment strategy in which the Fund will invest substantially all of its managed assets in a diversified portfolio of common stock of US corporations and US dollar-denominated equity securities of foreign issuers, and on an ongoing and consistent basis, write covered call options on at least 80% of the Funds managed assets. Effective on 19-Nov-07; the fund will no longer be required to write call options on at least 80% of its managed assets Effective from 08-Jan-08, the fund manager will be prohibited from investing 25% or more of the Funds total assets in securities of issuers in any single industry. |
| General | |
| Security Type | Closed-End Fund |
| Equity Style | Large Cap/Blend |
| Fixed Income Style | -- |
| Broad Asset Class | Nontraditional Equity |
| Broad Category | Equity |
| Category Name | Derivative Income |
| Category Index | CBOE S&P 500 BuyWrite BXM |
| Prospectus Objective | Equity-Income |
| Fund Owner Firm Name | First Trust Advisors L.P. |
| Prospectus Benchmark Index | |
| S&P 500 TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
| Manager Tenure | |
| Douglas Kugler | 14.89 yrs |
| Peter Schofield | 0.36 yrs |
Fundamentals
| General | |
| Distribution Yield | Upgrade |
| Dividend Yield TTM (8-8-22) | 0.99% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | Upgrade |
| Stock | |
| Weighted Average PE Ratio | 20.17 |
| Weighted Average Price to Sales Ratio | Upgrade |
| Weighted Average Price to Book Ratio | Upgrade |
| Weighted Median ROE | Upgrade |
| Weighted Median ROA | Upgrade |
| Forecasted Dividend Yield | Upgrade |
| Forecasted PE Ratio | Upgrade |
| Forecasted Price to Sales Ratio | Upgrade |
| Forecasted Price to Book Ratio | Upgrade |
As of March 31, 2022
Growth Estimates
Fund Details
| Key Dates | |
| Inception Date | 8/26/2004 |
| Last Annual Report Date | 12/31/2021 |
| Last Prospectus Date | 8/26/2004 |
| Attributes | |
| Enhanced Index Fund | No |
| Index Fund | No |
| Inverse Fund | No |
| Leveraged Fund | No |
| Fund of Funds | No |
| Currency Hedged Fund | No |
| Synthetic Replication Fund | No |
| Has Dividend Investment Plan |
|
| Socially Responsible Fund | No |
News
Headline
Wire
Time (ET)
Yahoo
06/30 16:10
Yahoo
06/14 09:25
Yahoo
06/13 16:10
MT Newswires
12/13 16:23
Business Wire
09/10 16:27