0001445546-16-006693.txt : 20160202 0001445546-16-006693.hdr.sgml : 20160202 20160202164344 ACCESSION NUMBER: 0001445546-16-006693 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20160202 ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20160202 DATE AS OF CHANGE: 20160202 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIRST TRUST ENERGY INCOME & GROWTH FUND CENTRAL INDEX KEY: 0001284940 IRS NUMBER: 113716544 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 811-21549 FILM NUMBER: 161381434 BUSINESS ADDRESS: STREET 1: 10 WESTPORT ROAD STREET 2: SUITE C101A CITY: WILTON STATE: CT ZIP: 06897 BUSINESS PHONE: 630-765-8000 MAIL ADDRESS: STREET 1: FIRST TRUST PORTFOLIOS L P STREET 2: 120 EAST LIBERTY DRIVE, SUITE 400 CITY: WHEATON STATE: IL ZIP: 60187 FORMER COMPANY: FORMER CONFORMED NAME: ENERGY INCOME & GROWTH FUND DATE OF NAME CHANGE: 20040325 8-K 1 fen_8k.txt CURRENT REPORT -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of report (Date of earliest event reported) February 2, 2016 First Trust Energy Income and Growth Fund (Exact Name of Registrant as Specified in its Charter) Massachusetts 811-21549 11-3716544 (State or Other Jurisdiction (Commission File Number) (IRS Employer of Incorporation) Identification No.) 10 Westport Road, Suite C101a Wilton, Connecticut 06897 (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code (630) 765-8000 ___________________________________________________________________ (Former Name or Former Address, if Changed Since Last Report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): |_| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Item 7.01 Regulation FD Disclosure. Letter to Shareholders (d) Exhibits Exhibit Number Description 99.1 Letter to Shareholders dated February 2, 2016. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: February 2, 2016 FIRST TRUST ENERGY INCOME AND GROWTH FUND By: /s/ W. Scott Jardine ---------------------------------- Name: W. Scott Jardine Title: Secretary EXHIBIT INDEX Exhibit Number Description 99.1 Letter to Shareholders dated February 2, 2016. EX-99.1 2 letter.txt SHAREHOLDER LETTER FIRST TRUST ENERGY INCOME AND GROWTH FUND 10 WESTPORT ROAD SUITE C101A WILTON, CONNECTICUT 06897 February 2, 2016 Dear Shareholders: I am pleased to announce that the Board of Trustees of First Trust Energy Income and Growth Fund (NYSE: FEN) (the "Fund") has recently approved a change to the Fund's investment strategy as described in the table below. The Fund is a non-diversified, closed-end management investment company which commenced investment operations in June 2004. 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 publicly traded MLPs and related public entities in the energy sector. The Fund's investment objective is not changing. The Fund's investment strategy that is changing is non-fundamental and is not required to be approved by shareholders. The Fund anticipates implementing the change to the investment strategy beginning on or around April 11, 2016. CURRENT INVESTMENT STRATEGY NEW INVESTMENT STRATEGY The Fund will not invest more than The Fund will not invest more than 10% of its Managed Assets in any 15% of its Managed Assets in any single issuer. single issuer. Managed Assets means the average daily gross asset value of the Fund (which includes assets attributable to the Fund's leverage), minus the sum of the Fund's accrued and unpaid dividends on any outstanding preferred shares and accrued liabilities (other than debt representing leverage). The Fund's issuer concentration risk may increase as a result of its new investment strategy. Issuer concentration risk is generally the risk that the Fund's portfolio could decline as a result of the portfolio containing fewer issuers with higher weightings. 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 $104 billion as of December 31, 2015, 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 December 31, 2015, EIP managed or supervised approximately $4.2 billion in client assets. The Fund's daily closing New York Stock Exchange price and net asset value per share as well as other information, including information relating to the Fund's investment objective and policies, risk considerations and expenses, can be found at www.ftportfolios.com or by calling 1-800-988-5891. Sincerely, /s/ James A. Bowen James A. Bowen Chairman of the Board of Trustees of First Trust Energy Income and Growth Fund