FFA: Tax-Efficient Distributions From An Option Fund [Seeking Alpha]
First Trust Enhanced Equity Income Fund Common Shares of Beneficial Interest (FFA)
US:NYSE Investor Relations:
ftportfolios.com/retail/cef/cefsummary.aspx?ticker=ffa
Company Research
Source: Seeking Alpha
FFA's option writing strategy on a tech-heavy portfolio generates high, tax-efficient income but caps capital appreciation versus index ETFs like SPY. Distributions are sustainable, with recent earnings supporting multiple years of payouts and a 10.7% dividend increase reinforcing income stability. Maintaining a buy rating on FFA for its attractive valuation, reliable distributions, and tax efficiency, ideal for income-focused investors. Lemon_tm/iStock via Getty Images Overview First Trust Enhanced Equity Income Fund ( NYSE: FFA ) is structured as a closed end fund that aims to generate attractive total returns from its portfolio of diverse equities. As the fund's name implies, FFA's primary objective This article was written by Analyst's Disclosure: I/we have a beneficial long position in the shares of FFA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it
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Sec Filings
- 11/24/25 - Form NPORT-P
- 10/7/25 - Form 3
- 9/23/25 - Form 5
- FFA's page on the SEC website