Somewhat Favorable News Coverage Somewhat Unlikely to Impact First Trust Enhanced Equity Income Fund (FFA) Share Price
Headlines about First Trust Enhanced Equity Income Fund (NYSE:FFA) have been trending somewhat positive this week, according to Accern Sentiment. Accern rates the sentiment of media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. First Trust Enhanced Equity Income Fund earned a daily sentiment score of 0.16 on Accern’s scale. Accern also gave news articles about the company an impact score of 47.2285707337955 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
First Trust Enhanced Equity Income Fund (NYSE:FFA) traded down 0.13% on Friday, reaching $14.85. 17,602 shares of the company’s stock were exchanged. The stock’s 50 day moving average is $14.90 and its 200 day moving average is $14.70. The company’s market cap is $296.60 million. First Trust Enhanced Equity Income Fund has a 52 week low of $12.59 and a 52 week high of $15.20.
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First Trust Enhanced Equity Income Fund Company Profile
First Trust Enhanced Equity Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to provide a high level of current income and gains and, to a lesser extent, capital appreciation. The Fund invests in a diversified portfolio of equity securities.
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