NYSE · Asset Management · USD

First Trust Enhanced Equity Income Fund (FFA) Stock Analysis

First Trust Enhanced Equity Income Fund (FFA) is a Asset Management stock listed on NYSE and quoted in US Dollar.

Last Updated: October 21, 2026

FFA

$22.44

+$0.21 (+0.94%)

Oct 21, 2026 · Market close

Compare

Price History

Hover for the daily close. The dotted line marks the period open.

Compare FFA with… →

FFA Key Statistics

As of Oct 21, 2026

Trading

Open: $22.29
Previous Close: $22.23
Day's Range: 22.26–22.53
52-Week Range: 19.50–23.82
Volume: 21.97K
Beta: 0.99

Valuation

Market Cap: $448.53M
P/E Ratio: 4.71
P/S ratio: 66.83
EPS (ttm): 4.76

Financials (FY)

Revenue (FY): $81.28M+6.84%
Net Income (FY): $80.75M+6.86%
Profit margin: 1,421.68%
Shares Outstanding: 19.99M
1-Year Return: +10.38%

Dividend and dates

Dividend: $1.70+7.65%
Ex-Dividend Date: September 22, 2026
Avg Volume: 25.89K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, FFA closed at $22.44, +10.38% over 1 year.

First Trust Enhanced Equity Income Fund (FFA) has a market capitalization of $448.53M.

In fiscal 2025, FFA reported revenue of $81.28M.

FFA Stock Return by Calendar Year

First Trust Enhanced Equity Income Fund (FFA) 10-year return: what $10,000 became

1 year: $10,000 $11,038; +10.38%
5 years: $10,000 $15,074; +50.74%
10 years: $10,000 $33,645; +236.45%

If you had invested $10,000 in First Trust Enhanced Equity Income Fund (FFA) 10 years ago, at the close on October 21, 2016, it would have been worth $33,645 at the close on October 21, 2026: +236.45% in total, +12.90% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

+43.35%−20.27%+5.65%

2016*2017201820192020202120222023202420252026*

Year	Return
2026 (partial year)	+5.65%
2025	+14.24%
2024	+21.46%
2023	+24.73%
2022	−20.27%
2021	+28.69%
2020	+10.82%
2019	+43.35%
2018	−13.93%
2017	+28.97%
2016 (partial year)	+4.25%

As of October 21, 2026.

FFA Revenue and Earnings by Fiscal Year

FY ends December

RevenueNet income

2022202320242025

Fiscal year	Revenue	Net income	Net margin
2025	$81.28M	$80.75M	99.3%
2024	$76.07M	$75.56M	99.3%
2023	$66.84M	$66.24M	99.1%
2022	−$68.15M	−$68.64M	100.7%

Fiscal year	Revenue	Gross profit	Operating income	Net income	Net margin
2025	$81.28M	—	—	$80.75M	99.3%
2024	$76.07M	—	—	$75.56M	99.3%
2023	$66.84M	—	—	$66.24M	99.1%
2022	−$68.15M	—	—	−$68.64M	100.7%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

FFA Dividend History

’16’17’18’19’20’21’22’23’24’25’26*

$1.48+8.1% vs 2024

Dividends per share, 2025 · 4 payments

Year	Dividends per share	Payments	Change
2026*	$0.78	2	—
2025	$1.48	4	+8.1%
2024	$1.37	4	+8.3%
2023	$1.26	4	+0.0%

Year	Dividends per share	Payments	Change
2026 (partial year)	$0.78	2	—
2025	$1.48	4	+8.1%
2024	$1.37	4	+8.3%
2023	$1.26	4	+0.0%
2022	$1.26	4	+0.0%
2021	$1.26	4	+10.5%
2020	$1.14	4	+0.0%
2019	$1.14	4	+0.0%
2018	$1.14	4	+3.2%
2017	$1.11	4	+360.4%
2016	$0.24	1	—

Most recent payment: $0.39 per share, ex-dividend June 22, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

FFA Valuation vs Asset Management Median

Median of 512 stocks

Metric	FFA	Asset Management median	vs median
P/E	4.71	9.44	50% below
P/S ratio	66.83	8.59	7.8x the median
Profit margin	1,421.68%	74.97%	1,346.7 pts above

Medians across 512 Asset Management stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

First Trust Enhanced Equity Income Fund (FFA) carries a market capitalisation of $448.53M. The company sits in the Financial Services sector, in the Asset Management industry.

FFA last closed at $22.44 on October 21, 2026. That is +$0.21 (+0.94%) against the previous close. The 52-week range on file runs from $19.50 to $23.82. The latest close sits 15.08% above that 52-week low.

Financial Health

Fiscal 2025 revenue came to $81.28M. That is +6.84% against the prior fiscal year, when revenue was $76.07M. The same year closed with net income of $80.75M. That is +6.86% against the prior fiscal year. The reported profit margin is 1,421.68%. That is 1,346.7 percentage points above the Asset Management median of 74.97%. Trailing earnings per share are 4.76.

Across the 4 fiscal years on file, revenue moves from −$68.15M in 2022 to $81.28M in 2025. Of those 4 years, 3 report positive net income.

Valuation Assessment

The trailing P/E ratio stands at 4.71. That is 50.11% below the Asset Management median of 9.44. The price-to-sales ratio is 66.83. On price-to-sales that is 7.8 times the Asset Management median of 8.59. The medians here are taken across 512 Asset Management companies that report the metric.

The trailing one-year total return is +10.38%. Measured over 10 years, that is +12.90% a year compounded. The reported beta is 0.99. Annualized volatility over the trailing 10 years is 19.7%.

Growth & Income

Shareholders receive a dividend, yielding 7.65% on the latest price. That is 1.3 percentage points below the Asset Management median yield of 8.91%. The indicated annual rate is $1.70 a share. The ex-dividend date on file is September 22, 2026. Dividends are recorded for 11 calendar years; 2026 shows 2 payments totalling $0.78 a share. The year before, 2025, totalled $1.48 a share.

The strongest complete calendar year on file is 2019 at +43.35%; the weakest is 2022 at −20.27%. Of the 9 complete calendar years on file, 7 finished higher. 2026 is still running; the total return is +5.65% year to date.

Peer Comparison

First Trust Enhanced Equity Income Fund (FFA) operates in the Asset Management industry. Here is how it compares to its closest peers by market capitalization:

Company	Ticker	Market Cap	P/E Ratio
First Trust Enhanced Equity Income Fund	FFA	$448.53M	4.7
BlackRock, Inc.	BLK	$184.31B	25.8
Blackstone Inc.	BX	$127.43B	23.9
Brookfield Corporation	BN	$83.74B	69.5

The Asset Management industry average P/E ratio is 9.4x. First Trust Enhanced Equity Income Fund trades at a P/E of 4.7.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

Related Asset Management Stocks

BLK

BlackRock, Inc.

$184.31B

Blackstone Inc.

$127.43B

Brookfield Corporation

$83.74B

KKR

KKR & Co. Inc.

$83.00B

BAM

Brookfield Asset Management Ltd.

$73.36B

APO

Apollo Global Management, Inc.

$65.96B

View all Asset Management stocks →

Popular Financial Services Stocks

BRK-B

Berkshire Hathaway Inc.

$1.11T

JPM

JPMorgan Chase & Co.

$890.13B

Visa Inc.

$765.68B

Mastercard Incorporated

$545.42B

BAC

Bank of America Corporation

$358.24B

View all Financial Services stocks →

About First Trust Enhanced Equity Income Fund

First Trust Enhanced Equity Income Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. The fund is co-managed by Chartwell Investment Partners, L.P. It invests in public equity markets of the United States. The fund seeks to invest in stocks of companies operating across the diversified sectors. It invests in stocks of companies across diversified market capitalizations. The fund also writes covered call options. It benchmarks the performance of its portfolio against the S&P 500 Index. The fund was formerly known as First Trust/Fiduciary Asset Management Covered Call Fund. First Trust Enhanced Equity Income Fund was formed on August 26, 2004 and is domiciled in the United States.

Visit website →