First Trust Enhanced Equity

First Trust Enhanced Equity Income Fund is a closed-ended equity mutual fund managed by First Trust Advisors L.P. and co-managed by Chartwell Investment Partners, L.P. The fund focuses on investing in U.S. public equity markets across diversified sectors and market capitalizations. It employs a covered call options strategy to enhance income potential.

The fund aims to provide investors with a balanced approach to equity investing, combining potential capital appreciation with income generation. Its investment strategy involves selecting a diversified portfolio of stocks while simultaneously writing covered call options on a portion of the holdings to generate additional income.