First Trust Enhanced Equity Income Fund
FFAFinancial ServicesNASDAQAsset Management · Last scanned Oct 24, 2026
Scan Results
Daily timeframeFirst Trust Enhanced Equity Income Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. With a market capitalization of $441.7M, it sits in small-cap territory. The fund is co-managed by Chartwell Investment Partners, L.P.
Market Cap
$441.7M
Beta
0.99
P/E (TTM)
4.64
P/E (Fwd)
—
EPS (TTM)
$4.76
EPS (Fwd)
—
ROE
20.7%
ROA
0.2%
Cash
$2.1M
Total Debt
$0
Free CF
—
52W Change
2.5%
Annual Financials
Cash vs Debt
Where FFA stands vs its 150-day and 200-day moving averages
As of the October 12, 2026 close, FFA finished 4.00% above its 150-day moving average ($21.74) and 5.16% above its 200-day moving average ($21.50). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is FFA overbought or oversold?
At the October 12, 2026 close, FFA's RSI(14) was 47.4, in neutral territory (between 30 and 70). The MACD histogram was positive, so short-term momentum leaned bullish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
First Trust Enhanced Equity Income Fund reports $2.1M in cash and $0 in total debt. Return on equity stands at 20.7%, which is strong for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 0.2% is on the lower side, which is common in asset-heavy industries. Revenue has grown from -$68.1M (2022) to $81.3M (2025), reflecting a 219% increase over the period.
As with any equity investment, FFA carries market risk, sector-specific risk, and company-specific risk that investors should evaluate in the context of their own portfolios. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing FFA.