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
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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))
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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