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First Trust Enhanced Equity Income Fund (NYSE: FFA) has announced a quarterly distribution increase to $0.315 per share, up from $0.285. The distribution, representing a 10.53% increase, will be payable on March 31, 2021, to shareholders of record as of March 23, 2021. The ex-dividend date is set for March 22, 2021. The Fund's managed distribution policy allows for periodic long-term capital gains distributions, which could impact year-end reporting. The Fund aims to provide high current income and gains through a diversified equity portfolio.
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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.