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First Trust Enhanced Equityome Fund (First Trust Enhanced Equityome Fund) Long-Term Capital Lease Obligation : $0.00 Mil (As of Dec. 2023)


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What is First Trust Enhanced Equityome Fund Long-Term Capital Lease Obligation?

First Trust Enhanced Equityome Fund's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil.


First Trust Enhanced Equityome Fund Long-Term Capital Lease Obligation Historical Data

The historical data trend for First Trust Enhanced Equityome Fund's Long-Term Capital Lease Obligation 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 Long-Term Capital Lease Obligation Chart

First Trust Enhanced Equityome Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
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First Trust Enhanced Equityome Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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First Trust Enhanced Equityome Fund  (NYSE:FFA) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

First Trust Enhanced Equityome Fund Long-Term Capital Lease Obligation Related Terms

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First Trust Enhanced Equityome Fund (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