First Trust Enhanced Equity Income Fund (FFA) Stock Score, Valuation & Financial Research

First Trust Enhanced Equity Income Fund is in the Financial Services sector and Asset Management - Income industry. It is reviewed using Wall Street Score's company-strength, valuation, growth and financial-health framework. The current Wall Street Score is 78/100.

Quick answer for FFA

First Trust Enhanced Equity Income Fund currently has a Wall Street Score of 78/100. The stored market price is $22.68. Its financial score is 20/100. Its valuation score is 100/100. These figures are a research snapshot, not a buy or sell recommendation.

What First Trust Enhanced Equity Income Fund does

The First Trust Enhanced Equity Income Fund functions as a closed-ended equity mutual fund, originally launched and primarily managed by First Trust Advisors L.P. Chartwell Investment Partners, L.P. additionally serves as a co-manager. This fund strategically allocates capital within the public equity markets of the United States, seeking investments in companies across a broad spectrum of sectors and diverse market capitalizations. A key aspect of its strategy involves the writing of covered call options. The fund's portfolio performance is measured against the S&P 500 Index. Established in the United States on August 26, 2004, it was previously recognized as the First Trust/Fiduciary Asset Management Covered Call Fund.

FFA financial snapshot

Wall Street Score:
78/100
Current price:
$22.68
Market capitalization:
$453.3M
Revenue:
$48.8M
Net income:
$143.8M
Free cash flow:
$0
Cash:
$2.1M
Total debt:
$0
EPS:
7.20
P/E ratio:
3.1x
Financial score:
20/100
Valuation score:
100/100
Revenue score:
76/100

What stands out

  • Reported year-over-year revenue growth is +0.5%.
  • Free cash flow is $0, showing positive cash generation.
  • The balance sheet shows $2.1M of cash versus $0 of total debt, leaving more cash than debt.
  • The current research record carries a listed fund vehicle warning, which should be reviewed alongside the score.

What the numbers mean

Its current valuation score is 100/100, which Wall Street Score classifies as strong within the model's valuation framework.

The financial score is 20/100. This is a starting point for reviewing liquidity, leverage and cash-flow strength rather than a stand-alone recommendation.

A strong company and an attractive stock price are not always the same thing. Revenue, earnings, free cash flow, debt, management quality, competitive advantage and valuation should be considered together. Wall Street Score organizes these inputs into a consistent research framework so investors can identify what deserves deeper review.

Data freshness: Financial data last refreshed 2026-09-08.

How to research FFA

Start by understanding how the company makes money. Then compare revenue and earnings trends, cash generation, debt, liquidity and valuation. Review the company's latest filings and earnings reports before acting on any score or model estimate.

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Data may change as company filings and market prices update. Educational research only; not a buy or sell recommendation.