FIRST TRUS.ENH.EQU.INC.FD

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.» Mehr auf businesswire.com

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.» Mehr auf seekingalpha.com

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.» Mehr auf seekingalpha.com