MetaCap

First Enhanced Equity Income Fund (FFA) vs PIMCO California Municipal Income Fund (PCQ)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

On valuation, First Enhanced Equity Income Fund trades at a lower trailing P/E (4.7x vs 7.0x for PIMCO California Municipal Income Fund). First Enhanced Equity Income Fund offers the higher dividend yield (6.92% vs 5.61%).

Summary generated from market data by MetaCap's automated system. Methodology

Head-to-head

FFA versus PCQ key metrics
MetricFFAPCQ
Share price$22.41$7.70
Market cap$447.93M—
1-day change+0.72%-0.77%
P/E ratio (TTM)4.717.00
EPS (TTM)$4.76$1.10
Dividend yield6.92%5.61%
Annual dividend$1.55$0.432
52-week high$23.82$9.19
52-week low$19.50$7.57
Distance from 52-week high-5.92%-16.21%
Average volume25.73K181.28K
Shares outstanding19.99M—
SectorFinanceFinance
IndustryInvestment ManagersInvestment Managers

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

  • PIMCO California Municipal Income Fund trades at a higher earnings multiple (7.0x vs 4.7x trailing P/E).
  • First Enhanced Equity Income Fund offers a meaningfully higher dividend yield (6.92% vs 5.61%).

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.

Finance · Investment Managers

FFA vs PCQ FAQ

Which has the lower P/E ratio, FFA or PCQ?

FFA has the lower trailing P/E at 4.7, versus 7.0 for PCQ. 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 PIMCO California Municipal Income Fund?

First Enhanced Equity Income Fund has the higher yield at 6.92%, compared with 5.61% for PIMCO California Municipal Income Fund.

Are First Enhanced Equity Income Fund and PIMCO California Municipal Income Fund in the same industry?

Yes. Both are classified in the Investment Managers industry within the Finance sector.

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