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FFA (First Trust Enhanced Equityome Fund) Market Cap : $419.75 Mil (As of Dec. 13, 2024)


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What is First Trust Enhanced Equityome Fund Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). First Trust Enhanced Equityome Fund's share price for the quarter that ended in Jun. 2024 was $19.92. First Trust Enhanced Equityome Fund's Shares Outstanding (EOP) for the quarter that ended in Jun. 2024 was 19.99 Mil. Therefore, First Trust Enhanced Equityome Fund's market cap for the quarter that ended in Jun. 2024 was $398.16 Mil.

First Trust Enhanced Equityome Fund's quarterly market cap increased from Jun. 2023 ($350.39 Mil) to Dec. 2023 ($365.18 Mil) and increased from Dec. 2023 ($365.18 Mil) to Jun. 2024 ($398.16 Mil).

First Trust Enhanced Equityome Fund's annual market cap declined from Dec. 2021 ($425.43 Mil) to Dec. 2022 ($315.01 Mil) but then increased from Dec. 2022 ($315.01 Mil) to Dec. 2023 ($365.18 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. First Trust Enhanced Equityome Fund's Enterprise Value for Today is $416.11 Mil.


First Trust Enhanced Equityome Fund Market Cap Historical Data

The historical data trend for First Trust Enhanced Equityome Fund's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First Trust Enhanced Equityome Fund Market Cap Chart

First Trust Enhanced Equityome Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial 344.70 352.10 425.43 315.01 365.18

First Trust Enhanced Equityome Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 326.61 315.01 350.39 365.18 398.16

Competitive Comparison of First Trust Enhanced Equityome Fund's Market Cap

For the Asset Management subindustry, First Trust Enhanced Equityome Fund's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Trust Enhanced Equityome Fund's Market Cap Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, First Trust Enhanced Equityome Fund's Market Cap distribution charts can be found below:

* The bar in red indicates where First Trust Enhanced Equityome Fund's Market Cap falls into.



First Trust Enhanced Equityome Fund Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

First Trust Enhanced Equityome Fund's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$18.27*19.9881
=$365.18

First Trust Enhanced Equityome Fund's Market Cap for the quarter that ended in Jun. 2024 is calculated as

Market Cap (Q: Jun. 2024 )=Share Price (Q: Jun. 2024 )*Shares Outstanding (EOP) (Q: Jun. 2024 )
=$19.92*19.9881
=$398.16

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


First Trust Enhanced Equityome Fund  (NYSE:FFA) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


First Trust Enhanced Equityome Fund Market Cap Related Terms

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First Trust Enhanced Equityome Fund Business Description

Traded in Other Exchanges
N/A
Address
120 East Liberty Drive, Suite 400, Wheaton, IL, USA, 60187
First Trust Enhanced Equity Income Fund is a diversified, closed-end management investment company. Its investment objective is to provide a high level of current income and gains and, to a lesser extent, capital appreciation. The Fund pursues its investment objective by investing in a diversified portfolio of equity securities.
Executives
Bronwyn Wright director FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Jeffrey D Bilsky other: Portfolio Manager-Sub Advisor C/O CHARTWELL INVESTMENT PARTNERS, 1205 WESTLAKES DR., SUITE 100, BERWYN PA 19312
M Keefe Denise director C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Kelly Catherine Dehler other: Officer - Investment Advisor C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Scott Michael Friske other: Officer - Investment Advisor FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Douglas W Kugler other: Officer-Investment Sub-Advisor 1235 WESTLAKES DRIVE, SUITE 400, BERWYN PA 19312
Michael Patrick Magee other: Officer-Invest. Sub-Advisor C/O CHARTWELL INVESTMENT PARTNERS, LLC, 1205 WESTLAKES DRIVE, SUITE 100, BERWYN PA 19312
James A Bowen director, officer: President C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Luann Molino other: Officer-Investment Sub-Advisor CHARTWELL INVESTMENT PARTNERS, L.P., 1235 WESTLAKES DRIVE, SUITE 400, BERWYN PA 19312
Shane Shannon officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Donald Swade officer: Assistant Treasurer C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Katherine L Urevig officer: Assistant Treasurer C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Peter M Schofield other: Officer-Investment Sub-Advisor CHARTWELL INVESTMENT PARTNERS, 1235 WESTLAKES DRIVE, SUITE 400, BERWYN PA 19312
Rosanne Gatta officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY STREET, SUITE 400, WHEATON IL 60187
Erin E Klassman officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, WHEATON IL 60187