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First Trust Advisors announced that shareholders of the First Trust Enhanced Equity Income Fund (NYSE: FFA) approved a new investment sub-advisory agreement with Chartwell Investment Partners following a recent acquisition by Raymond James of TriState Capital Holdings, Chartwell's parent company. This change comes after Chartwell has served as the Fund's sub-advisor since September 14, 2007. As of May 31, 2022, Chartwell managed approximately $10.9 billion in assets, while FTA manages about $203 billion across various investment vehicles.
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FAQ
What is the current stock price of First Trust Enhanced Equity Income Fund. (FFA)?
First Trust Enhanced Equity Income Fund. (FFA) last closed at $21.67.
What is the market cap of First Trust Enhanced Equity Income Fund. (FFA)?
The market cap of First Trust Enhanced Equity Income Fund. (FFA) is approximately $433.0M.