First Trust Enhanced Equity Income Fund (the Fund), formerly First Trust/Fiduciary Asset Management Covered Call Fund, is a diversified closed-end management investment company. The Fund's investment objective is to provide a high level of current income and gains and, to a lesser extent, capital appreciation. The Fund focuses on investing in a diversified portfolio of equity securities. Fiduciary Asset Management, LLC (Fiduciary) is the sub-advisor to the Fund. First Trust Advisors L.P. serves as the Fund's investment advisor.