Richard Erickson - First Trust Lead Independent Trustee

FFA Etf  USD 21.00  0.07  0.33%   
Richard Erickson is Portfolio Manager at First Trust Enhanced
Dr. Richard E. Erickson M.D. serves as Lead Independent Trustee of First Trust Enhanced Equity Income Fund. He is an orthopedic surgeon and President of Wheaton Orthopedics. He also was a coowner and director of a fitness center and a limited partner of two real estate companies. Dr. Erickson has served as a Trustee of each Fund since its inception and of the First Trust Funds since 1999. Dr. Erickson has also served as the Lead Independent Trustee, Chairman of the Nominating and Governance Committee, Chairman of the Valuation Committee and Chairman of the Audit Committee of the First Trust Funds.
Age 69
Tenure 4 years
Phone630-765-8000
Webhttps://www.ftportfolios.com/Retail/cef/cefsummary.aspx?Ticker=FFA

Richard Erickson Latest Insider Activity

Tracking and analyzing the buying and selling activities of Richard Erickson against First Trust etf is an integral part of due diligence when investing in First Trust. Richard Erickson insider activity provides valuable insight into whether First Trust is net buyers or sellers over its current business cycle. Note, First Trust insiders must abide by specific rules, including filing SEC forms every time they buy or sell First Trust'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

First Trust Management Efficiency

The company has Return on Asset of 0.37 % which means that on every $100 spent on assets, it made $0.37 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (12.43) %, meaning that it generated no profit with money invested by stockholders. First Trust's management efficiency ratios could be used to measure how well First Trust manages its routine affairs as well as how well it operates its assets and liabilities.

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First Trust Enhanced Equity Income Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. FT Enhanced is listed under Asset Management in the United States and is traded on New York Stock Exchange exchange. First Trust Enhanced [FFA] is traded in USA and was established 2004-08-26.

Management Performance

First Trust Enhanced Money Managers

James Bowen, Chairman of the Board of Trustees
Richard Erickson, Lead Independent Trustee
Niel Nielson, Lead Independent Trustee
Robert Keith, Independent Trustee
James Dykas, CFO, Chief Accounting Officer, Controller and Treasurer
Denise Keefe, Trustee
Kristi Maher, Chief Compliance Officer, Assistant Secretary
Daniel Lindquist, Vice President
Donald Swade, Chief Financial Officer, Chief Accounting Officer, Treasurer
Thomas Kadlec, Lead Independent Trustee
W Jardine, Secretary, Chief Legal Officer

First Etf Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right etf is not an easy task. Is First Trust a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether First Trust Enhanced is a strong investment it is important to analyze First Trust's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact First Trust's future performance. For an informed investment choice regarding First Etf, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust Enhanced. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
The market value of First Trust Enhanced is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Trust's value that differs from its market value or its book value, called intrinsic value, which is First Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Trust's market value can be influenced by many factors that don't directly affect First Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.