Fund Companies Rights Offerings Managed Distributions Leveraged Funds IPOs Asset Classes CEF Advisors

My Fund Comparison
Initilizing list...

First Trust Enhanced Equity Income Fund Declares Quarterly Distribution of $0.225 Per Share
First Trust Advisors L.P.

WHEATON, Ill., Jun 11, 2012 (BUSINESS WIRE) -- First Trust Enhanced Equity Income Fund (the "Fund") FFA +0.64% today declared its regularly scheduled quarterly distribution payable on June 29, 2012 to shareholders of record as of June 22, 2012. The ex-dividend date is expected to be June 20, 2012. The quarterly distribution information for the Fund appears below.

        First Trust Enhanced Equity Income Fund
        (FFA):
        -------------------------------------------------------------------
        Distribution per share:                                                 $0.225
        Distribution rate based on the June 8, 2012 NAV of $12.99:               6.93%
        Distribution rate based on the June 8, 2012 closing market price of      7.85%
        $11.46:
        


This distribution will consist of net investment income earned by the Fund and may also consist of return of capital and/or short-term realized capital gains. The final determination of the source and tax status of all distributions paid in 2012 will be made after the end of 2012.

The Fund is a diversified, closed-end management investment company that seeks to provide a high level of current income and gains and, to a lesser extent, capital appreciation. The Fund seeks to achieve its investment objective by investing in a diversified portfolio of equity securities.

First Trust Advisors L.P., the Fund's investment advisor, along with its affiliate First Trust Portfolios L.P., are privately-held companies which provide a variety of investment services, including asset management and financial advisory services, with collective assets under management or supervision of approximately $53 billion as of May 31, 2012, through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts.

Chartwell Investment Partners, L.P. ("Chartwell") serves as the Fund's investment sub-advisor and is an employee-owned investment firm focusing on institutional, sub-advisory, and private client relationships. The firm is a research-based equity and fixed-income manager with a disciplined, team-oriented investment process. At May 31, 2012, Chartwell had approximately $4.9 billion in assets under management.

Past performance is no assurance of future results. Investment return and market value of an investment in the Fund will fluctuate. Shares, when sold, may be worth more or less than their original cost.

Principal Risk Factors: The Fund invests principally in equity securities and writes covered call options on a portion of those equity securities; accordingly the Fund's NAV will fluctuate with changes in the Fund's holdings. By writing call options on the equity securities held, the capital appreciation potential of the Fund's equity securities is limited; however, the potential for capital depreciation remains unlimited. The risks of investing in the Fund are spelled out in the prospectus, shareholder report and other regulatory filings.


Image Map

Resources

Aberdeen Webcasts

Aberdeen Closed-End TV

CEF Connect

Bonds

National Association of
Publicly Traded Partnerships


REITs


SySys Logo

Lipper Logo
Powered by a SySys data & content management system.

©Thomson Reuters 2011. All rights reserved. Any copying, republication or redistribution of Lipper, a Thomson Reuters company, content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper, a Thomson Reuters company. Lipper, a Thomson Reuters company shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.