First Enhanced Equity Income Fund (FFA) vs PGIM Global High Yield Fund (GHY)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
First Enhanced Equity Income Fund is the larger company by market cap ($447.9 million vs $446.5 million), about 1.0 times the size. On valuation, First Enhanced Equity Income Fund trades at a lower trailing P/E (4.7x vs 8.7x for PGIM Global High Yield Fund). First Enhanced Equity Income Fund pays a dividend yielding 6.92%, while PGIM Global High Yield Fund does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Head-to-head
| Metric | FFA | GHY |
|---|---|---|
| Share price | $22.41 | $10.90 |
| Market cap | $447.93M | $446.48M |
| 1-day change | +0.72% | +0.18% |
| P/E ratio (TTM) | 4.71 | 8.72 |
| EPS (TTM) | $4.76 | $1.25 |
| Dividend yield | 6.92% | 11.56% |
| Annual dividend | $1.55 | $0.00 |
| 52-week high | $23.82 | $12.96 |
| 52-week low | $19.50 | $10.66 |
| Distance from 52-week high | -5.92% | -15.90% |
| Average volume | 25.73K | 170.02K |
| Shares outstanding | 19.99M | 40.96M |
| Sector | Financial Services | Financial Services |
| Industry | Asset Management | Asset Management |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- PGIM Global High Yield Fund trades at a higher earnings multiple (8.7x vs 4.7x trailing P/E).
- PGIM Global High Yield Fund offers a meaningfully higher dividend yield (11.56% vs 6.92%).
About First Enhanced Equity Income Fund
FFA stock →First Trust Enhanced Equity Income Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. The fund is co-managed by Chartwell Investment Partners, L.P.
Financial Services · Asset Management
About PGIM Global High Yield Fund
GHY stock →PGIM Global Short Duration High Yield Fund, Inc. is a closed ended fixed income mutual fund launched and managed by PGIM Investments LLC.
Financial Services · Asset Management
FFA vs GHY FAQ
Which is bigger, First Enhanced Equity Income Fund or PGIM Global High Yield Fund?
First Enhanced Equity Income Fund (FFA) is larger, with a market capitalization of $447.93M compared with $446.48M for PGIM Global High Yield Fund (GHY).
Which has the lower P/E ratio, FFA or GHY?
FFA has the lower trailing P/E at 4.7, versus 8.7 for GHY. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, First Enhanced Equity Income Fund or PGIM Global High Yield Fund?
PGIM Global High Yield Fund has the higher yield at 11.56%, compared with 6.92% for First Enhanced Equity Income Fund.
Are First Enhanced Equity Income Fund and PGIM Global High Yield Fund in the same industry?
Yes. Both are classified in the Asset Management industry within the Financial Services sector.