Continue to site >
Trending ETFs
You have successfully subscribed to Advisor Access. Thank you!
Help us personalize your experience.
Which type of investor describes you best?
Help us personalize your experience.
What is your AUM?
Knowing your investable assets will help us build and prioritize features that will suit your investment needs.

Congratulations on personalizing your experience.

Email is verified. Thank you!

Name

As of 06/01/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

First Trust Enhanced Equity Income Fund

FFA | Fund

$25.79

$489 M

6.01%

$1.55

1.12%

Vitals

YTD Return

10.6%

1 yr return

32.8%

3 Yr Avg Return

20.2%

5 Yr Avg Return

12.2%

Net Assets

$489 M

Holdings in Top 10

40.3%

52 WEEK LOW AND HIGH

$25.6
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.12%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 14.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Closed-end mutual fund

Name

As of 06/01/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

First Trust Enhanced Equity Income Fund

FFA | Fund

$25.79

$489 M

6.01%

$1.55

1.12%

FFA - Profile

Distributions

  • YTD Total Return 10.6%
  • 3 Yr Annualized Total Return 20.2%
  • 5 Yr Annualized Total Return 12.2%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.39%
DIVIDENDS
  • Dividend Yield 6.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    First Trust Enhanced Equity Income Fund
  • Fund Family Name
    First Trust Advisors L.P.
  • Inception Date
    Sep 08, 2004
  • Shares Outstanding
    19982838
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Douglas Kugler

Fund Description

FFA - Performance

Return Ranking - Trailing

Period FFA Return Category Return Low Category Return High Rank in Category (%)
YTD 10.6% -2.8% 240.8% 9.88%
1 Yr 32.8% -4.3% 140.6% 2.61%
3 Yr 20.2%* -8.3% 18.3% 3.21%
5 Yr 12.2%* -5.0% 17.3% 2.54%
10 Yr 13.1%* -4.6% 13.2% 5.88%

* Annualized

Return Ranking - Calendar

Period FFA Return Category Return Low Category Return High Rank in Category (%)
2025 12.2% -34.1% 904.0% 27.93%
2024 12.9% -28.6% 438.4% 2.31%
2023 12.3% -93.5% 8.2% 88.28%
2022 -21.9% -38.9% 19.8% 37.21%
2021 16.9% -10.9% 12.8% 53.40%

Total Return Ranking - Trailing

Period FFA Return Category Return Low Category Return High Rank in Category (%)
YTD 10.6% -2.7% 244.0% 10.67%
1 Yr 32.8% -4.3% 140.6% 2.61%
3 Yr 20.2%* -8.3% 18.3% 3.21%
5 Yr 12.2%* -5.4% 17.3% 2.54%
10 Yr 13.1%* -4.6% 13.2% 5.88%

* Annualized

Total Return Ranking - Calendar

Period FFA Return Category Return Low Category Return High Rank in Category (%)
2025 19.9% -34.1% 904.0% 27.93%
2024 20.6% -5.9% 438.4% 2.31%
2023 20.5% -81.2% 8.2% 90.34%
2022 -16.1% -29.0% 19.8% 51.16%
2021 24.4% -10.9% 12.8% 69.90%

NAV & Total Return History

FFA - Holdings

Concentration Analysis

FFA Category Low Category High FFA % Rank
Net Assets 489 M 25 17.4 B 20.97%
Number of Holdings 75 2 508 32.06%
Net Assets in Top 10 161 M -6.66 M 5.12 B 24.81%
Weighting of Top 10 40.32% 11.3% 100.0% 44.67%

Top 10 Holdings

  1. Microsoft Corp 9.08%
  2. Apple Inc 8.90%
  3. Alphabet Inc Class C 3.98%
  4. UnitedHealth Group Inc 3.44%
  5. JPMorgan Chase & Co 3.40%
  6. NVIDIA Corp 3.07%
  7. Merck & Co Inc 2.28%
  8. Thermo Fisher Scientific Inc 2.26%
  9. Intel Corp 2.23%
  10. Costco Wholesale Corp 2.16%

Asset Allocation

Weighting Return Low Return High FFA % Rank
Stocks 		98.50% -3.92% 100.76% 50.38%
Preferred Stocks 		1.03% 0.00% 3.08% 0.76%
Cash 		0.47% -0.76% 100.29% 47.71%
Other 		0.00% 0.00% 45.92% 33.59%
Convertible Bonds 		0.00% 0.00% 20.91% 20.99%
Bonds 		0.00% 0.00% 97.96% 25.95%

Stock Sector Breakdown

Weighting Return Low Return High FFA % Rank
Technology 		29.71% 0.00% 44.43% 5.88%
Healthcare 		14.50% 0.00% 25.91% 24.37%
Financial Services 		12.95% 0.00% 29.60% 23.11%
Communication Services 		10.84% 0.00% 21.22% 16.39%
Consumer Cyclical 		9.80% 0.00% 19.02% 78.99%
Industrials 		6.14% 1.41% 43.91% 83.19%
Consumer Defense 		5.66% 0.00% 22.87% 89.50%
Utilities 		3.66% 0.00% 13.35% 23.53%
Real Estate 		2.86% 0.00% 9.74% 10.50%
Energy 		2.68% 0.00% 69.54% 89.50%
Basic Materials 		1.21% 0.00% 60.58% 93.28%

Stock Geographic Breakdown

Weighting Return Low Return High FFA % Rank
US 		93.13% -3.89% 100.00% 53.82%
Non US 		5.37% -2.17% 99.33% 19.08%

FFA - Expenses

Operational Fees

FFA Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.12% 0.20% 6.78% 46.50%
Management Fee 0.50% 0.20% 1.75% 72.39%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.02% 0.28% N/A

Sales Fees

FFA Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 4.75% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

FFA Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FFA Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 14.00% 0.00% 456.80% 48.66%

FFA - Distributions

Dividend Yield Analysis

FFA Category Low Category High FFA % Rank
Dividend Yield 6.01% 0.00% 3.76% 22.30%

Dividend Distribution Analysis

FFA Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Monthly Annually

Net Income Ratio Analysis

FFA Category Low Category High FFA % Rank
Net Income Ratio 0.39% -2.54% 14.24% 40.57%

Capital Gain Distribution Analysis

FFA Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

FFA - Fund Manager Analysis

Managers

Douglas Kugler

Start Date

Tenure

Tenure Rank

Sep 14, 2007

14.72

14.7%

Mr. Kugler earned a Bachelor’s degree in Accounting from the University of Delaware. He holds the Chartered Financial Analyst designation. From 1993 to 2003, he held several positions at Morgan Stanley Investment Management (Miller Anderson & Sherrerd) including Head of Mutual Fund Administration and Vice President and Treasurer of the MAS Funds, Junior Associate in the Equity Department, and his last position held prior to joining Chartwell was Senior Associate and Analyst for the Large Cap Value team. Prior to joining Morgan Stanley, he was an Assistant Vice President and Senior Accounting Officer at Provident Financial Processing Corporation.

Peter Schofield

Start Date

Tenure

Tenure Rank

Mar 22, 2022

0.19

0.2%

Mr. Schofield is a Senior Portfolio Manager on Chartwell’s equity investment team. From 2005 to 2010, he was a Co-Chief Investment Officer at Knott Capital. From 1996 to 2005, he was a Portfolio Manager at Sovereign Asset Management. Prior to Sovereign Asset Management, he was a portfolio manager at Geewax, Terker & Company. Education: Bachelor’s degree in History from the University of Pennsylvania CFA® Charterholder and a member of the CFA Institute and the CFA Society of Philadelphia

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 19.77 3.61 5.67

Advertisement

×

Wait! Do you know all the important aspects of mutual funds?

×

Free Advisor Access newsletter emailed to you.

Receive free and exclusive email updates for financial advisors about best performers, news, CE accredited webcasts and more.

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Disclaimer: By registering, you agree to share your data with MutualFunds.com and opt-in to receiving occasional communications about projects and events. The contents of this form are subject to the MutualFunds.com Privacy Policy. You can unsubscribe at any time.