FFA News and Press, First Trust Enhanced Equity Income Fund From 09/29/23

The Board of Trustees of First Trust Enhanced Equity Income Fund (the "Fund") (NYSE: FFA), CUSIP 337318109, previously approved a managed distribution policy for the Fund (the "Managed Distribution Plan") in reliance on exemptive relief received from the Securities and Exchange Commission which p...

2023-08-16 15:14:42 ET Summary First Trust Enhanced Equity Income Fund utilizes a call-writing strategy and has seen its discount narrow since our last update. FFA has delivered solid results and outperformed other call-writing funds, thanks, at least in part, to its partial overw...

The Board of Trustees of First Trust Enhanced Equity Income Fund (the "Fund") (NYSE: FFA), CUSIP 337318109, previously approved a managed distribution policy for the Fund (the "Managed Distribution Plan") in reliance on exemptive relief received from the Securities and Exchange Commission which p...

2023-05-10 16:41:30 ET Summary FFA and ETB utilize an options writing strategy rather than being leveraged. With no leverage, they can be relatively less volatile during uncertain periods. Both are trading at attractive discounts where an investor could consider entering a pos...

2023-04-03 05:00:35 ET Let’s be honest: despite today’s high interest rates, it’s still an income desert out there. The 10-year Treasury yields 3.6%. That’s all right—much better than the 1% or so it dribbled out a couple years back. But it’...

The Board of Trustees of First Trust Enhanced Equity Income Fund (the "Fund") (NYSE: FFA), CUSIP 337318109, previously approved a managed distribution policy for the Fund (the "Managed Distribution Plan") in reliance on exemptive relief received from the Securities and Exchange Commission which p...

2023-03-25 05:11:21 ET Summary MCN has been able to reduce losses relative to the market. This would be thanks to its call-writing strategy plus holding a significant portion of its portfolio in money markets. The defensive positioning of this fund has been quite simple but in...

2023-03-18 04:20:12 ET Summary NFJ takes an approach of primarily investing in equity investments but also incorporates convertible securities. The fund has managers from both NFJ Investment Group and Voya Investment Management. The fund's discount is fairly attractive, and th...

The Board of Trustees of First Trust Enhanced Equity Income Fund (the "Fund") (NYSE: FFA), CUSIP 337318109, previously approved a managed distribution policy for the Fund (the "Managed Distribution Plan") in reliance on exemptive relief received from the Securities and Exchange Commission which p...

Summary For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promises high distributions and reasonable total returns. Closed-end funds are generally characterized by higher volatility and deeper drawdowns than the...