FFA: Potential For Tax-Efficient Income & Dividend Raises
The First Trust Enhanced Equity Income Fund (FFA) is highlighted as a strong buy due to its attractive pricing and dividend yield. Currently, it trades at a 9.66% discount to NAV and offers a 6.7% yield, supported by solid earnings. Its option-writing strategy provides consistent income, making it appealing for income-focused investors.
- ▪FFA is trading at a 9.66% discount to its net asset value (NAV).
- ▪The fund offers a dividend yield of 6.7%, backed by strong earnings.
- ▪FFA employs an option-writing strategy that prioritizes reliable income.
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