First Trust Enhanced Equity Income Fund (FFA)

FFA offers a 6.74% yield, outperforming broad equity indices and providing significant income via a covered call strategy, though lower than some peers. The fund is highly concentrated in technology, especially Microsoft and NVIDIA, which limits diversification and increases risk for investors already exposed to these stocks. Distribution coverage is solid, with a 15-year record of rising payouts and full coverage from net investment income and realized gains, supporting income reliability.

WHEATON, Ill.--(BUSINESS WIRE)--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 permits the Fund to make periodic distributions of long-term capital gains more frequently than otherwise permitted with respect to its common shares subject to certain co.

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Enhanced Equity Income Fund (the "Fund") (NYSE: FFA) has declared the Fund's regularly scheduled quarterly distribution of $0.35 per share. The distribution will be payable on June 30, 2025, to shareholders of record as of June 23, 2025. The ex-dividend date is expected to be June 23, 2025. The quarterly distribution information for the Fund appears below. First Trust Enhanced Equity Income Fund (FFA): Distribution per share: $0.35 Distribution Rate b.

The First Trust Enhanced Equity Income Fund offers an attractive distribution with a tech-leaning portfolio. FFA utilizes a call-writing strategy, with a flexible overwrite policy that includes writing calls against underlying holdings and indexes. The fund's discount has recently been more volatile, along with the increased volatility in the broader market.

FFA offers a blend of capital appreciation and consistent income, with a 7.3% dividend yield and a total return of 160.5% over the last decade. Managed by First Trust Advisors, FFA employs an option strategy on 57% of its holdings, focusing on large-cap tech stocks like Microsoft and Apple. FFA's NAV has grown consistently, and its distributions are largely classified as return of capital, offering tax efficiency for long-term investors.

WHEATON, Ill.--(BUSINESS WIRE)--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 permits the Fund to make periodic distributions of long-term capital gains more frequently than otherwise permitted with respect to its common shares subject to certain co.

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Enhanced Equity Income Fund (the "Fund") (NYSE: FFA) has declared the Fund's regularly scheduled quarterly distribution of $0.35 per share. The distribution will be payable on March 31, 2025, to shareholders of record as of March 24, 2025. The ex-dividend date is expected to be March 24, 2025. The quarterly distribution information for the Fund appears below. First Trust Enhanced Equity Income Fund (FFA): Distribution per share: $0.35 Distribution Rat.

BRENTWOOD, Tenn.--(BUSINESS WIRE)--Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the United States, has reached a milestone in its partnership with FFA. On February 10, Tractor Supply will launch its tenth annual Grants for Growing fundraiser in support of FFA chapters across the country. Grants for Growing is a competitive grant program for middle and high school FFA chapters that are developing and improving project-based or experiential learning opportunities.

The closed-end fund space saw a significant narrowing of discounts throughout 2024 as equity markets charged higher and now discounts remain tight heading into 2025. In particular, equity CEFs have seen significantly narrowed discounts along with taxable fixed-income, though municipal bond funds look relatively attractive after widening discounts in December. We are screening for funds with the deepest discounts and widest z-scores to find potential buys and funds that may be getting a bit pricey as sell candidates.

WHEATON, Ill.--(BUSINESS WIRE)--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 permits the Fund to make periodic distributions of long-term capital gains more frequently than otherwise permitted with respect to its common shares subject to certain co.

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Enhanced Equity Income Fund (the "Fund") (NYSE: FFA) has declared the Fund's regularly scheduled quarterly distribution of $0.35 per share. The distribution will be payable on December 31, 2024, to shareholders of record as of December 20, 2024. The ex-dividend date is expected to be December 20, 2024. The quarterly distribution information for the Fund appears below. First Trust Enhanced Equity Income Fund (FFA): Distribution per share:   $0.35 Distr.

BRENTWOOD, Tenn.--(BUSINESS WIRE)--Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the United States, announced today it has raised more than $1 million to support the Tractor Supply FFA Future Leaders Scholarship fund. With this achievement, the annual fundraiser has generated a total of more than $3 million over three years. Tractor Supply FFA Future Leaders Scholarships are awarded to FFA students pursuing studies in the skilled trades and agriculture-related m.

Closed-end funds can enhance distributions through borrowings or writing covered calls, with the latter offering reduced volatility but still higher relative yields. Eaton Vance Tax-Managed Buy-Write Opportunities Fund focuses on a tech-heavy portfolio, writing at-the-money options, and has a distribution yield of 8.25%. First Trust Enhanced Equity Income Fund employs an overwrite strategy and also carries a higher tech tilt; the fund offers a 6.86% distribution yield.

Scholarships address FFA's need to foster a pipeline of future ag educators ANN ARBOR, Mich. , Nov. 19, 2024 /PRNewswire/ -- Domino's Pizza Inc. (NYSE: DPZ) has funded scholarships for Future Farmers of America (FFA) students for seven years, and is excited to announce the strategic expansion of its scholarship program for the 2024-25 cycle.

BRENTWOOD, Tenn.--(BUSINESS WIRE)--Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the United States, and the Tractor Supply Foundation announced today the launch of the 2024 FFA Future Leaders Scholarship fundraising drive. The money raised will fund scholarships for FFA students pursuing a skilled trade or majoring in an agriculture-related field. The Tractor Supply Foundation established the FFA Future Leaders fund in 2022 with a $5 million commitment over five.

The First Trust Enhanced Equity Income Fund offers a 7.00% yield through a covered call strategy, but its yield is lower than some peers. The fund's recent performance includes an 11.79% gain, though it lagged behind the S&P 500 due to its income-focused strategy. Despite a high weighting in low-yielding mega-cap tech stocks, the fund's covered call strategy boosts income, making it attractive for income-focused investors.