First Trust Enhanced Equity Income Fund Boosts Quarterly Distribution to $0.3875 Per Share

The First Trust Enhanced Equity Income Fund has increased its quarterly distribution to $0.3875 per share, a 10.71% increase from the previous distribution of $0.35. The distribution will be payable on September 30, 2025, to shareholders of record as of September 22, 2025. The quarterly distribution rate is 6.84% based on the September 9, 2025 NAV of $22.66, and 7.26% based on the closing market price of $21.34.

The First Trust Enhanced Equity Income Fund (NYSE: FFA) has announced an increase in its quarterly distribution to $0.3875 per share, marking a 10.71% rise from the previous distribution of $0.35 per share First Trust Enhanced Equity Income Fund Increases its Quarterly Distribution to $0.3875 Per Share^[1]. The enhanced distribution will be payable on September 30, 2025, to shareholders of record as of September 22, 2025. The ex-dividend date is expected to be September 22, 2025.

The quarterly distribution rate is 6.84% based on the September 9, 2025, net asset value (NAV) of $22.66, and 7.26% based on the closing market price of $21.34 on the same date. The Fund's Board of Trustees has approved a managed distribution policy, which allows for more frequent distributions of long-term capital gains under certain conditions First Trust Enhanced Equity Income Fund Increases its Quarterly Distribution to $0.3875 Per Share^[1].

The increased distribution is expected to consist of net investment income earned by the Fund and may also include return of capital and/or realized capital gains. The final determination of the source and tax status of all distributions paid in 2025 will be made after the end of the year and will be provided on Form 1099-DIV.

The Fund is a diversified, closed-end management investment company that seeks to provide a high level of current income and gains, as well as capital appreciation. It invests in a diversified portfolio of equity securities to achieve its investment objectives.

Investors should be aware of the principal risks associated with the Fund, which include market risk, current market conditions risk, and the risk of shares trading at a discount to their net asset value. Additionally, the Fund may write covered call options on its portfolio, which could limit the amount of appreciation realized on investments or require the sale of securities at inopportune times First Trust Enhanced Equity Income Fund Increases its Quarterly Distribution to $0.3875 Per Share^[1].

For more information, investors can visit the Fund's official website at [https://www.ftportfolios.com](https://www.ftportfolios.com) or contact the Fund's investor relations team at 1-800-988-5891.