First Trust Enhanced Equity Income Fund
The First Trust Enhanced Equity Income Fund is a diversified, closed-end investment fund. Its primary objective is to provide a high level of current income and gains, with capital appreciation as a secondary goal. To achieve this, the fund invests in a broad portfolio of equity securities, primarily common stocks of US companies and US dollar-denominated equities of non-US issuers traded on US exchanges. A key part of its strategy involves consistently writing (selling) covered call options on a portion of its assets. This technique is designed to generate additional income for the fund. It's important for potential investors to understand that while this strategy can enhance income, it may also limit the potential for capital gains. As with any fund, the value of its investments can go down as well as up, and returns are not guaranteed.
Stock Performance Snapshot
Financial Health
First Trust Enhanced Equity Income Fund has strong revenue and cash flow, indicating good financial stability.
Dividend
First Trust Enhanced Equity Income Fund's dividend yield of 6.67% is appealing for those seeking income from their investments. If you invested $1000 you would be paid $66.70 a year in dividends (based on the last 12 months).
View more stocks by downloading the app for FREE
It only takes 60 seconds.
Why You’ll Want to Watch This Stock
A Strategy for Income
The fund is structured with the primary goal of generating income, which could be a point of interest for those exploring income-focused investments. However, returns are not guaranteed.
Using Covered Calls
FFA uses a covered call option strategy to potentially increase its income stream. This approach may appeal to investors interested in alternative income generation methods, though it can also limit upside.
Diversified Equity Exposure
By investing in a range of US and non-US equities, the fund offers broad market exposure within a single investment. As always, diversification does not eliminate all investment risk.
Compare First Trust Enhanced Equity Income Fund with other stocks
First Trust Enhanced Equity Income Fund vs Red River Bancshares
First Trust Enhanced Equity Income Fund vs Red River Bancshares
First Trust Enhanced Equity Income Fund vs Gladstone Capital
First Trust Enhanced Equity Income Fund v Gladstone Capital
First Trust Enhanced Equity Income Fund vs Northfield Bancorp
First Trust Enhanced Equity Income Fund–Northfield Bancorp
Why invest with Nemo?
Zero Commission
Trade stocks, ETFs, and more with zero commission. Keep more of your returns.
Trusted & Regulated
Part of Exinity Group 2015, serving over a million customers globally.
6% Interest on Cash
Earn 6% AER on uninvested cash with daily interest payments.
Discover More Opportunities
Ares Capital Corporation
Ares Capital is a publicly traded specialty finance company that lends to, and invests in, private middle-market companies across a variety of industries.
ADAMS DIVERSIFIED EQUITY
Adams Diversified Equity Fund, Inc. (the Fund) is a diversified, closed-end investment company. The Fund is an internally managed closed-end fund whose investment objectives are preservation of capital, the attainment of reasonable income from investments, and an opportunity for capital appreciation. The Fund invests in a blend of high-quality, large-cap companies. The Fund seeks to generate returns that exceed its benchmark and consistently distribute dividend income and capital gains to shareholders. The Fund may invest up to 20% of assets in commodities (other than physical commodities), including swaps. The Fund invests in various sectors, such as information technology, financials, healthcare, consumer discretionary, communication services, industrials, consumer staples, energy, utilities, real estate and materials.
ASA GOLD AND PRECIOUS METALS
ASA Gold and Precious Metals Limited is a non-diversified, closed-end investment company. The Company's investment objective is long-term capital appreciation primarily through investing in companies engaged in the exploration for, development of projects or mining of precious metals and minerals. The Company invests approximately 80% of its total assets in common shares or securities convertible into common shares of companies engaged, directly or indirectly, in the exploration, mining or processing of gold, silver, platinum, diamonds or other precious minerals; held as bullion or other direct forms of gold, silver, platinum or other precious minerals; in instruments representing interests in gold, silver, platinum or other precious minerals, and/or in securities of investment companies, including exchange traded funds, or other securities that seek to replicate the price movement of gold, silver or platinum bullion. The Company’s investment adviser is Merk Investments LLC.
