Please replace the release dated September 2, 2022, with the
following corrected version due to multiple revisions.
The updated release reads:
FIRST TRUST ADVISORS L.P. ANNOUNCES PORTFOLIO MANAGER UPDATE
FOR FIRST TRUST ENHANCED EQUITY INCOME FUND
First Trust Advisors L.P. ("FTA") announced today that Chartwell
Investment Partners LLC ("Chartwell"), investment sub-advisor for
FFA (NYSE: FFA) (the "Fund"), will release an update on the market
and the Fund for financial professionals and investors. To listen
to the update, click on the following link:
FFA Replay 9/6/2022
The update will be available Wednesday, September 7, 2022, at
5:00 P.M. Eastern Time until 11:59 P.M. Eastern Time on Thursday,
October 6, 2022.
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.
FTA is a federally registered investment advisor and serves as
the Fund's investment advisor. FTA and its affiliate First Trust
Portfolios L.P. ("FTP"), a FINRA registered broker-dealer, are
privately-held companies that provide a variety of investment
services. FTA has collective assets under management or supervision
of approximately $196 billion as of July 31, 2022 through unit
investment trusts, exchange-traded funds, closed-end funds, mutual
funds and separate managed accounts. FTA is the supervisor of the
First Trust unit investment trusts, while FTP is the sponsor. FTP
is also a distributor of mutual fund shares and exchange-traded
fund creation units. FTA and FTP are based in Wheaton,
Illinois.
Chartwell serves as the Fund's investment sub-advisor and is an
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. As of July 31, 2022, Chartwell had
approximately $10.8 billion in assets under management.
Principal Risk Factors: Risks are inherent in all investing.
Certain risks applicable to the fund are identified below. The
principal risks of investing in the fund are spelled out in the
fund's shareholder reports. The order of the below risk factors
does not indicate the significance of any particular risk
factor.
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. There can be no assurance that the Fund's investment
objectives will be achieved. The Fund may not be appropriate for
all investors.
Securities held by a fund, as well as shares of a fund itself,
are subject to market fluctuations caused by factors such as
general economic conditions, political events, regulatory or market
developments, changes in interest rates and perceived trends in
securities prices. Shares of a fund could decline in value or
underperform other investments as a result of the risk of loss
associated with these market fluctuations. In addition, local,
regional or global events such as war, acts of terrorism, spread of
infectious diseases or other public health issues, recessions, or
other events could have a significant negative impact on a fund and
its investments. Such events may affect certain geographic regions,
countries, sectors and industries more significantly than others.
In February 2022, Russia invaded Ukraine which has caused and could
continue to cause significant market disruptions and volatility
within the markets in Russia, Europe, and the United States. The
hostilities and sanctions resulting from those hostilities could
have a significant impact on certain fund investments as well as
fund performance. The outbreak of the respiratory disease
designated as COVID-19 in December 2019 has caused significant
volatility and declines in global financial markets, which have
caused losses for investors. While the development of vaccines has
slowed the spread of the virus and allowed for the resumption of
"reasonably" normal business activity in the United States, many
countries continue to impose lockdown measures in an attempt to
slow the spread. Additionally, there is no guarantee that vaccines
will be effective against emerging variants of the disease.
Shares of closed-end investment companies such as the Fund
frequently trade at a discount from their net asset value. The Fund
cannot predict whether its common shares will trade at, below or
above net asset value.
The Fund may write (sell) covered call options on all or a
portion of the equity securities held in the Fund's portfolio. The
use of options may require the Fund to sell portfolio securities at
inopportune times or for prices other than current market values,
may limit the amount of appreciation the Fund can realize on an
investment, or may cause the Fund to hold an equity security that
it might otherwise sell.
Premiums from writing (selling) call options and dividends and
interest payments made by the securities in the Fund's portfolio
can vary widely over time.
An adverse event affecting an issuer of equity securities, such
as an unfavorable earnings report, may depress the value of a
particular equity security held by the Fund. Also, the prices of
equity securities are sensitive to general movements in the stock
market and a drop in the stock market may depress the prices of
equity securities to which the Fund has exposure. There is no
guarantee that the issuers of the equity securities in which the
Fund invests will declare dividends in the future or that if
declared they will remain at current levels. There can be no
assurance as to what portion of the distributions paid to the
Fund's Common Shareholders will consist of tax-advantaged qualified
dividend income.
Investment in non-U.S. securities is subject to the risk of
currency fluctuations and to economic and political risks
associated with such foreign countries.
The Fund may not invest 25% or more of its total assets in
securities of issuers in any single industry. If the Fund is
focused in an industry, it may present more risks than if it were
broadly diversified over numerous industries of the economy.
The risks of investing in the Fund are spelled out in the
shareholder reports and other regulatory filings.
The information presented is not intended to constitute an
investment recommendation for, or advice to, any specific person.
By providing this information, First Trust is not undertaking to
give advice in any fiduciary capacity within the meaning of ERISA,
the Internal Revenue Code or any other regulatory framework.
Financial professionals are responsible for evaluating investment
risks independently and for exercising independent judgment in
determining whether investments are appropriate for their
clients.
The Fund’s daily closing New York Stock Exchange price and net
asset value per share as well as other information can be found at
www.ftportfolios.com or by calling 1-800-988-5891.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220902005310/en/
JEFF MARGOLIN — (630) 915-6784
Grafico Azioni First Trust Enhanced Equ... (NYSE:FFA)
Storico
Da Feb 2025 a Mar 2025
Grafico Azioni First Trust Enhanced Equ... (NYSE:FFA)
Storico
Da Mar 2024 a Mar 2025
