First Trust Dynamic Europe Equity Income Fund

FDEU

Market cap $217M

First Trust Advisors has launched an actively managed ETF that seeks to provide long-term capital appreciation. The FT Raymond James Multicap Growth Equity ETF (NYSE Arca: RJMG) invests in U.S.-listed equities that exhibit growth characteristics.

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today that the reorganization of First Trust Dynamic Europe Equity Income Fund (NYSE: FDEU), a closed-end management investment company managed by FTA and sub-advised by Janus Henderson Investors US LLC (“Janus Henderson Investors”), into First Trust Active Global Quality Income ETF (NYSE Arca: AGQI), an actively managed exchange-traded fund (“ETF”) managed by FTA and sub-advised by Janus Henderson Investors, was comple.

WHEATON, Ill.--(BUSINESS WIRE)--The Board of Trustees of First Trust Dynamic Europe Equity Income Fund (the "Fund") (NYSE: FDEU), CUSIP 33740D107, previously approved a managed distribution policy for the Fund (the "Managed Distribution Plan") in reliance on exemptive relief received from the Securities and Exchange Commission which permits the Fund to make periodic distributions of long-term capital gains as frequently as monthly each tax year. The Fund has declared a distribution payable on N.