First Trust Enhanced Equity Income Fund Declares $0.35 Per Share Quarterly Distribution

The First Trust Enhanced Equity Income Fund has declared a quarterly distribution of $0.35 per share, payable on June 30, 2025. The distribution rate based on the fund's NAV is 6.66%, and based on the closing market price is 7.02%. The distribution will consist of net investment income and may also include return of capital and/or realized capital gains. The source and tax status of the distribution will be determined after the end of 2025.

The First Trust Enhanced Equity Income Fund (FFA) has announced a quarterly distribution of $0.35 per share, payable on June 30, 2025. The distribution rate, based on the fund's net asset value (NAV) of $21.02 as of June 9, 2025, is 6.66%. When calculated using the closing market price of $19.95, the distribution rate is 7.02%.

The distribution will be paid to shareholders of record as of June 23, 2025, with the ex-dividend date expected on the same date. The fund operates under a managed distribution policy approved by its Board of Trustees, which allows it to distribute long-term capital gains more frequently than otherwise permitted.

The distribution will 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 First Trust Enhanced Equity Income Fund is a diversified, closed-end management investment company that seeks to provide a high level of current income and gains, with a lesser emphasis on capital appreciation. It invests in a diversified portfolio of equity securities.

References:
[1] https://www.stocktitan.net/news/FFA/first-trust-enhanced-equity-income-fund-declares-its-quarterly-mschd2nwdz4u.html
[2] https://www.stocktitan.net/news/FFA/