The Technical Analyst
First Trust Enhanced [FFA]
Exchange: NYSE Sector: Financial Services Industry: Asset Management
First Trust Enhanced Price, Forecast, Insider, Ratings, Fundamentals & Signals
0.27% $18.76
America/New_York / 8 mai 2024 @ 16:00
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 374.98 mill |
| EPS: | 3.31 |
| P/E: | 5.67 |
| Earnings Date: | Mar 14, 2024 |
| SharesOutstanding: | 19.99 mill |
| Avg Daily Volume: | 0.0228 mill |
| RATING 2024-05-08 |
|---|
| B+ |
| Neutral |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Sell | |
| Return On Equity: | Strong Buy | |
| Return On Asset: | Strong Buy | |
| DE: | Strong Sell | |
| P/E: | Sell | |
| Price To Book: | Neutral |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 3/22 | 4/22 | 1/23 | 2/23 | 3/23 | 4/23 | |
| Revenue | ||||||
| Gr.Profit | ||||||
| Ebit | ||||||
| Asset | n/a | n/a | n/a | |||
| Debt | n/a | n/a | n/a | n/a | n/a | n/a |
| PE RATIO: COMPANY / SECTOR |
|---|
| 0.57x |
| Company: PE 5.67 | sector: PE 9.91 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| 0.28x |
| Company: PE 5.67 | industry: PE 20.04 |
| DISCOUNTED CASH FLOW VALUE |
|---|
|
$0.215 (-98.86%) $-18.55 |
| Date: 2024-05-08 |
| Expected Trading Range (DAY) |
|---|
|
$ 18.54 - 18.99 ( +/- 1.20%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2023-06-05 | Maltbie Derek | Sell | 0 | Common Shares |
| 2024-01-02 | Chwazik Ludmila | Sell | 0 | Common Shares |
| 2023-12-31 | Molino Luann | Sell | 0 | Common Shares |
| 2023-12-31 | Magee Michael Patrick | Sell | 0 | Common Shares |
| 2023-09-10 | Wright Bronwyn | Sell | 0 | Common Shares |
| INSIDER POWER |
|---|
| 0.00 |
| Last 73 transactions |
| Buy: 20 067 | Sell: 5 236 |
Forecast:
16:00 - $18.66
Live Trading Signals (every 1 min)
Forecast
1: 16:00 - $18.66
Forecast 2: 16:00 - $18.66
Forecast 3: 16:00 - $18.66
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $18.76 (0.27% ) |
| Volume | 0.0166 mill |
| Avg. Vol. | 0.0228 mill |
| % of Avg. Vol | 73.10 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For FFA
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % |
|---|
FFA
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.
Latest Press Releases
2024-03-28 16:10:00 - Press Release
First Trust Enhanced Equity Income Fund Issues Notice Regarding March 2024 Distribution
Wheaton, ill.--(business wire)--the board of trustees of first trust enhanced equity income fund (the "fund") (nyse: ffa), cusip 337318109, previously approved a managed distribution policy for the fund (the "managed distribution plan") in reliance on exemptive relief received from the securities and exchange commission which permits the fund to make periodic distributions of long-term capital gains more frequently than otherwise permitted with respect to its common shares subject to certain co.
2024-03-11 16:10:00 - Press Release
First Trust Enhanced Equity Income Fund Declares Its Quarterly Distribution Of $0.315 Per Share
Wheaton, ill.--(business wire)--first trust enhanced equity income fund (the "fund") (nyse: ffa) has declared the fund's regularly scheduled quarterly distribution of $0.315 per share. the distribution will be payable on march 28, 2024, to shareholders of record as of march 25, 2024. the ex-dividend date is expected to be march 22, 2024. the quarterly distribution information for the fund appears below. first trust enhanced equity income fund (ffa): distribution per share: $0.315 distribution r.
2023-12-29 16:10:00 - Press Release
First Trust Enhanced Equity Income Fund Issues Notice Regarding December 2023 Distribution
Wheaton, ill.--(business wire)--the board of trustees of first trust enhanced equity income fund (the "fund") (nyse: ffa), cusip 337318109, previously approved a managed distribution policy for the fund (the "managed distribution plan") in reliance on exemptive relief received from the securities and exchange commission which permits the fund to make periodic distributions of long-term capital gains more frequently than otherwise permitted with respect to its common shares subject to certain co.
2023-12-11 16:05:00 - Press Release
First Trust Enhanced Equity Income Fund Declares Its Quarterly Distribution Of $0.315 Per Share
Wheaton, ill.--(business wire)--first trust enhanced equity income fund (the "fund") (nyse: ffa) has declared the fund's regularly scheduled quarterly distribution of $0.315 per share. the distribution will be payable on december 29, 2023, to shareholders of record as of december 26, 2023. the ex-dividend date is expected to be december 22, 2023. the quarterly distribution information for the fund appears below. first trust enhanced equity income fund (ffa): distribution per share: $0.315 distr.
2023-09-29 16:05:00 - Press Release
First Trust Enhanced Equity Income Fund Issues Notice Regarding September 2023 Distribution
Wheaton, ill.--(business wire)--the board of trustees of first trust enhanced equity income fund (the "fund") (nyse: ffa), cusip 337318109, previously approved a managed distribution policy for the fund (the "managed distribution plan") in reliance on exemptive relief received from the securities and exchange commission which permits the fund to make periodic distributions of long-term capital gains more frequently than otherwise permitted with respect to its common shares subject to certain co.
Latest News
2024-04-30 12:37:41 - Seeking Alpha
FFA: A Covered Call Fund Trading At An Interesting Discount
The First Trust Enhanced Equity Income Fund is a closed-end fund that utilizes a covered call strategy to generate extra income. FFA has a well-diversified portfolio with a focus on value stocks and an overweight position in the technology sector. Despite mixed short-term performance, FFA has consistently outperformed its benchmark and peer group over the long run.
2024-03-27 05:25:58 - Seeking Alpha
FFA: If You Want To Buy Equities, Buy Them With A Discount
Equities have rallied into 2024, surpassing year-end forecasts and creating a bullish sentiment among retail investors. The First Trust Enhanced Equity Income Fund is a buy-write fund that closely tracks the S&P 500 and offers a discount to NAV. FFA has a dynamic options overlay strategy and a low proportion of its portfolio overwritten with calls, making it an attractive alternative to buying the S&P 500 outright.
2024-01-15 13:13:16 - Seeking Alpha
FFA: Not The Most Balanced Portfolio, But This Covered Call CEF Is Still Decent
The First Trust Enhanced Equity Income Fund employs a covered call-writing strategy to generate income from its portfolio without sacrificing upside potential. The fund's current yield of 7.01% is lower than some of its peers, but it is not as overwritten as all of them. The fund has outperformed the S&P 500 Index over the past three years, but its performance is expected to be stronger in bear or flat markets.
2024-01-09 16:34:52 - Seeking Alpha
ETB And FFA: An Opportunity For A Swap
Both the Eaton Vance Tax-Managed Buy-Write Income Fund and the First Trust Enhanced Equity Income Fund implement an options writing strategy but carry it out in different ways. They both deliver respectable distribution yields, with ETB paying monthly and FFA paying quarterly. However, the valuation difference between the two makes ETB look much more appealing on both an absolute and relative basis.
2023-08-16 15:14:42 - Seeking Alpha
FFA: Discount Narrows Taking Away Some Appeal, But Still A Solid Fund To Hold
First Trust Enhanced Equity Income Fund utilizes a call-writing strategy and has seen its discount narrow since our last update. FFA has delivered solid results and outperformed other call-writing funds, thanks, at least in part, to its partial overwrite strategy. FFA offers a solid distribution yield of 6.89% and has a relatively moderate turnover rate and a tech-heavy portfolio.
2023-05-10 16:41:30 - Seeking Alpha
FFA Vs. ETB: Discounted Call Writing Funds
FFA and ETB utilize an options writing strategy rather than being leveraged. With no leverage, they can be relatively less volatile during uncertain periods.
2022-08-11 13:18:42 - Seeking Alpha
FFA: An Interesting Play In The Call Writing Space
FFA utilizes a call writing strategy split between index writing and covered calls. The fund has only one distribution cut in its history and has what I believe is a reasonable ~7% distribution rate on its NAV.
2021-09-17 16:30:00 - Business Wire
First Trust Advisors L.P. Announces Portfolio Manager Update for First Trust Enhanced Equity Income Fund
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. ("FTA") announced today that Chartwell Investment Partners LLC ("Chartwell"), investment sub-advisor for First Trust Enhanced Equity Income Fund (NYSE: FFA) (the "Fund"), will release an update on the market and the Fund for financial professionals and investors. The update will be available Tuesday, September 21, 2021, at 5:00 P.M. Eastern Time until 11:59 P.M. Eastern Time on Thursday, October 21, 2021. To listen to the update, follow
2021-09-13 16:30:00 - Business Wire
First Trust Enhanced Equity Income Fund Declares its Quarterly Distribution of $0.315 Per Share
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Enhanced Equity Income Fund (the "Fund") (NYSE: FFA) has declared the Fund's regularly scheduled quarterly distribution of $0.315 per share. The distribution will be payable on September 30, 2021, to shareholders of record as of September 23, 2021. The ex-dividend date is expected to be September 22, 2021. The quarterly distribution information for the Fund appears below. First Trust Enhanced Equity Income Fund (FFA): Distribution per share: $0.315
2021-06-30 16:46:00 - Business Wire
First Trust Enhanced Equity Income Fund Issues Notice Regarding June 2021 Distribution
WHEATON, Ill.--(BUSINESS WIRE)--The Board of Trustees of First Trust Enhanced Equity Income Fund (the "Fund") (NYSE: FFA), CUSIP 337318109, previously approved a managed distribution policy for the Fund (the "Managed Distribution Plan") in reliance on exemptive relief received from the Securities and Exchange Commission which permits the Fund to make periodic distributions of long-term capital gains more frequently than otherwise permitted with respect to its common shares subject to certain co