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First Trust Enhanced Equity Income Fund Declares Quarterly Distribution Of $0.225 Per Share

Stocks in this article: FFA

First Trust Enhanced Equity Income Fund (the "Fund") (NYSE: FFA) today declared its regularly scheduled quarterly distribution payable on December 31, 2012, to shareholders of record as of December 26, 2012. The ex-dividend date is expected to be December 21, 2012. The quarterly distribution information for the Fund appears below.

First Trust Enhanced Equity Income Fund (FFA):

   
Distribution per share: $0.225
Distribution rate based on the December 11, 2012 NAV of $13.47: 6.68%
Distribution rate based on the December 11, 2012 closing market price of $11.86: 7.59%
 

This distribution will consist of net investment income earned by the Fund and may also consist of return of capital and/or short-term realized capital gains. The final determination of the source and tax status of all distributions paid in 2012 will be made after the end of 2012.

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.

First Trust Advisors L.P., the Fund’s investment advisor, along with its affiliate First Trust Portfolios L.P., are privately-held companies which provide a variety of investment services, including asset management and financial advisory services, with collective assets under management or supervision of approximately $62 billion as of November 30, 2012, through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts.

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