First Trust Energy Income and Growth Fund

FEN

US33738G1040

First Trust Energy Income and Growth Fund Declares Its Quarterly Distribution, Payable on January 31, 2018

January 11, 2018 at 02:47 am IST

First Trust Energy Income and Growth Fund declared the Fund's regularly scheduled quarterly distribution of $0.58 per share. The distribution will be payable on January 31, 2018, to shareholders of record as of January 23, 2018. The ex-dividend date is expected to be January 22, 2018.

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Company Profile

First Trust Energy Income and Growth Fund (the Fund) is a non-diversified, closed-end management investment company. The Fund's investment objective is to seek a high level of after-tax total return with an emphasis on current distributions paid to shareholders. The Fund seeks to provide its shareholders with an efficient vehicle to invest in a portfolio of cash-generating securities of energy companies. The Fund is focused on investing in publicly traded master limited partnerships (MLPs), MLP-related entities and other companies in the energy sector which Energy Income Partners, LLC (the Sub-Advisor) believes offer opportunities for income and growth. Under normal market conditions, the Fund invests at least 85% of its managed assets in securities of energy companies, energy sector MLPs and energy sector MLP-related entities. The Fund invests in various sectors, such as Chemicals, Gas Utilities and Electric Utilities. The Fund's investment advisor is First Trust Advisors L.P.

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