First Trust Energy Infrastructure Fund Declares its Monthly Common Share Distribution of $0.11 Per Share for April

RELATED QUOTES

SymbolPriceChange
FIF25.090.15

WHEATON, Ill.--(BUSINESS WIRE)--

First Trust Energy Infrastructure Fund (the "Fund") (FIF) has declared the Fund’s regularly scheduled monthly common share distribution payable on April 15, 2013 to shareholders of record as of April 3, 2013. The ex-dividend date is expected to be April 1, 2013. The distribution information for the Fund appears below.

First Trust Energy Infrastructure Fund (FIF):

 
Distribution per share: $ 0.11
Distribution Rate based on the March 19, 2013 NAV of $23.78: 5.55%
Distribution Rate based on the March 19, 2013 closing market price of $22.75: 5.80%
 

The distribution may consist of net investment income earned by the Fund, net short-term realized capital gains and/or tax-deferred return of capital. Tax-deferred return of capital, if any, is primarily due to the tax treatment of cash distributions made by master-limited partnerships (“MLPs”) in which the Fund invests. The final determination of the source of tax status of all 2013 distributions will be made after the end of 2013.

The Fund is a non-diversified, closed-end management investment company that seeks to provide a high level of total return with an emphasis on current distributions paid to shareholders. The Fund seeks to achieve its investment objectives by investing primarily in securities of companies engaged in the energy infrastructure sector. These companies principally include publicly-traded MLPs and limited liability companies taxed as partnerships, MLP affiliates, Canadian income trusts and their successor companies, pipeline companies, utilities, and other companies that derive at least 50% of their revenues from operating or providing services in support of infrastructure assets such as pipelines, power transmission and petroleum and natural gas storage in the petroleum, natural gas and power generation industries.

First Trust Advisors L.P., the Fund’s investment advisor, along with its affiliate First Trust Portfolios L.P., are privately-held companies which provide a variety of investment services, including asset management and financial advisory services, with collective assets under management or supervision of approximately $69 billion as of February 28, 2013, through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts.

Energy Income Partners, LLC (“EIP”) serves as the Fund’s investment sub-advisor and provides advisory services to a number of investment companies and partnerships for the purpose of investing in MLPs and other energy infrastructure securities. EIP is one of the early investment advisors specializing in this area. As of February 28, 2013, EIP managed or supervised approximately $3.4 billion in client assets.

Past performance is no assurance of future results. Investment return and market value of an investment in the Fund will fluctuate. Shares, when sold, may be worth more or less than their original cost.

Principal Risk Factors: Investment in this Fund involves Investment and Market Risk, Market Discount from Net Asset Value Risk, Management Risk, Potential Conflicts of Interest Risk, Investment Concentration Risk, Industry Specific Risk, Cash Flow Risk, MLP Tax Risk, Non-U.S. Securities Risk, Failure to Quality as a Regulated Investment Company Risk, Tax Law Change Risk, Deferred Tax Risk, Delay in Investing the Proceeds Risk, Equity Securities Risk, Canadian Income Equities Risk, Leverage Risk, Derivatives Risk, Portfolio Turnover Risk, Competition Risk, Restricted Securities Risk, Liquidity Risk, Valuation Risk, Interest Rate Risk, Non-Diversification Risk, Anti-Takeover Provisions, Inflation Risk, Certain Affiliations and Secondary Market for the Fund’s Common Shares. The risks of investing in the Fund are spelled out in the prospectus, shareholder reports and other regulatory filings.

The Fund’s daily closing New York Stock Exchange price and net asset value per share as well as other information can be found at www.ftportfolios.com or by calling 1-800-988-5891.

Contact:
First Trust Energy Infrastructure Fund
Press Inquiries: Jane Doyle, 630-765-8775
Analyst Inquiries: Jeff Margolin, 630-915-6784
Broker Inquiries: Jeff Margolin, 630-915-6784

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    130.801.65+1.28%
    IDEA.BO
    56.35-2.30-3.92%
    HDIL.BO
    28.30-0.80-2.75%
    UNITECH.BO
    109.85-1.45-1.30%
    RCOM.BO
    78.30-2.70-3.33%
    RPOWER.BO
  • Price % Gainers
    Price % Gainers
    NamePriceChange% Chg
    34.655.75+19.90%
    KAVERITEL.BO
    103.0017.00+19.77%
    KANCOTEA.BO
    36.255.75+18.85%
    VARDHINDQ.BO
    41.906.45+18.19%
    SAHARAHOUS.BO
    19.802.70+15.79%
    CAMLINFIN.BO
  • Price % Losers
    Price % Losers
    NamePriceChange% Chg
    496.350.00+0.00%
    INDUSINDSL.BO
    13.80-3.20-18.82%
    KRYPTONQ.BO
    9.20-1.79-16.29%
    JAIPAN.BO
    619.900.00+0.00%
    INGVYSYABNK.BO
    42.10-6.30-13.02%
    DAMOTH.BO

Latest News

  • Just Dial's 9.4 billion rupee IPO covered 11.6 times
    Just Dial's 9.4 billion rupee IPO covered 11.6 times

    REUTERS - Just Dial's up to 9.4 billion rupee initial public offer was subscribed 11.6 times on closing on Wednesday, in what is the biggest IPO in the country so far this year. The response to the equity ...

  • Europe closes in on tax havens; Austria agrees to swap bank data

    Europe moved closer to ending banking secrecy on Wednesday after Austria dropped objections to sharing data on foreign depositors and the EU focused on negotiating a similar agreement with Switzerland. ...

  • Sensex closes in red; capital goods stocks plunge

    New Delhi, May 22 (IANS) A benchmark index of Indian equities markets fell Wednesday for the third day in a row amid profit-booking. Scrips of capital goods, oil and gas, realty, bank and metal companies ...

  • Delhi warns discoms over load shedding

    New Delhi, May 22 (IANS) The Delhi government Wednesday sternly told electricity distribution companies that it will not tolerate load shedding in the capital as power is available in surplus. In the wake ...

  • 'Sector-specific action needed to cut carbon emissions'

    New Delhi, May 22 (IANS) India needs to take sector-specific action and develop a mechanism to track the achievements in each area to achieve the goal of reducing its greenhouse gas emissions, says a study ...

  • Indian Bank's ex-chief gets 1 year jail for cheating

    Chennai, May 22 (IANS) A CBI special court here Wednesday sentenced M. Gopalakrishnan, former chairman-cum-managing director of Indian Bank, and another official to one-year jail terms for cheating and ...

  • Kazakhs delay Kashagan stake decision to July

    Kazakhstan will decide by early July whether to exercise an option to buy the ConocoPhillips 8.4 percent stake in the Kashagan oil field, which has attracted interest from companies in China and India. ...

  • Bihar launches aerial land survey

    Patna, May 22 (IANS) Bihar Wednesday launched a survey using aerial photography for updating land records, officials said. Chief Minister Nitish Kumar flagged off the aerial land survey from Suryagarha ...

MAJOR STOCKS (A-G)

MAJOR STOCKS (H-N)

MAJOR STOCKS (O-Z)

MARKET COMMENTARY

  •  
    Recent Quotes
    Symbol Price Change % ChgChart 
    Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
    You need to enable your browser cookies to view your most recent quotes.
  • Recent Quotes News

    •  
      Sign-in to view quotes in your portfolios.