<SEC-DOCUMENT>0001445546-20-002892.txt : 20200617
<SEC-HEADER>0001445546-20-002892.hdr.sgml : 20200617
<ACCEPTANCE-DATETIME>20200617163851
ACCESSION NUMBER:		0001445546-20-002892
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20200617
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20200617
DATE AS OF CHANGE:		20200617

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FIRST TRUST ENHANCED EQUITY INCOME FUND
		CENTRAL INDEX KEY:			0001291334
		IRS NUMBER:				300261406
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-21586
		FILM NUMBER:		20970206

	BUSINESS ADDRESS:	
		STREET 1:		C/O FIRST TRUST PORTFOLIOS L.P.
		STREET 2:		120 EAST LIBERTY DRIVE, SUITE 400
		CITY:			WHEATON
		STATE:			IL
		ZIP:			60187
		BUSINESS PHONE:		630-765-8000

	MAIL ADDRESS:	
		STREET 1:		C/O FIRST TRUST PORTFOLIOS L.P.
		STREET 2:		120 EAST LIBERTY DRIVE, SUITE 400
		CITY:			WHEATON
		STATE:			IL
		ZIP:			60187

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	First Trust/Fiduciary Asset Management Covered Call Fund
		DATE OF NAME CHANGE:	20040526

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	First Trust/Fiduciary Asset Management Covered Call Income Fund
		DATE OF NAME CHANGE:	20040521
</SEC-HEADER>
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<TYPE>8-K
<SEQUENCE>1
<FILENAME>ffa_8k.htm
<DESCRIPTION>CURRENT REPORT
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<P STYLE="font: 10pt/106% Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: center"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>
Washington, D.C. 20549</B></P>

<P STYLE="font: 14pt/106% Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: center"><B>FORM 8-K</B></P>

<P STYLE="font: 12pt/106% Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: center"><B>CURRENT REPORT<BR>
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</B></P>

<P STYLE="font: 10pt/106% Times New Roman, Times, Serif; margin: 0 0 8pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt/106% Times New Roman, Times, Serif">Date of report (Date of earliest event reported)</FONT></TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid; font: 12pt/106% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; vertical-align: bottom; width: 60%">June 16, 2020</TD>
    </TR>
</TABLE>
<P STYLE="font: 12pt/106% Times New Roman, Times, Serif; margin: 0 0 16pt; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; width: 100%; font: 12pt/106% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">First
    Trust Enhanced Equity Income Fund</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt/106% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">(Exact Name of Registrant as Specified in its Charter)</TD></TR>
</TABLE>
<P STYLE="font: 12pt/106% Times New Roman, Times, Serif; margin: 0 0 16pt; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt/106% Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 34%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">Massachusetts</TD>
    <TD STYLE="width: 33%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">811-21586</TD>
    <TD STYLE="width: 33%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">30-0261406</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">(State or Other Jurisdiction of Incorporation)</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">(Commission File Number)</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">(IRS Employer Identification No.)</TD></TR>
</TABLE>
<P STYLE="font: 12pt/106% Times New Roman, Times, Serif; margin: 0 0 16pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">120 East Liberty Drive, Suite 400</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">Wheaton, Illinois</P></TD>
    <TD STYLE="width: 50%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">60187</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt/106% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">(Address of Principal Executive Offices)</TD>
    <TD STYLE="font: 12pt/106% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">(Zip Code)</TD></TR>
</TABLE>
<P STYLE="font: 12pt/106% Times New Roman, Times, Serif; margin: 0 0 16pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt/106% Times New Roman, Times, Serif">Registrant's telephone number, including area code</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid; font: 12pt/106% Times New Roman, Times, Serif; width: 70%; padding-right: 5.4pt; padding-left: 5.4pt; vertical-align: bottom">(630) 765-8000</TD></TR>
</TABLE>
<P STYLE="font: 12pt/106% Times New Roman, Times, Serif; margin: 0 0 16pt; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt/106% Times New Roman, Times, Serif; width: 100%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-top: Black 1pt solid; font: 12pt/106% Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">(Former Name or Former Address, if Changed Since Last Report.)</TD></TR>
</TABLE>
<P STYLE="font: 12pt/106% Times New Roman, Times, Serif; margin: 0 0 16pt">&nbsp;</P>

<P STYLE="font: 12pt/106% Times New Roman, Times, Serif; margin: 0 0 8pt">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):</P>

<P STYLE="font: 12pt/106% Times New Roman, Times, Serif; margin: 0 0 8pt">[&nbsp;&nbsp;&nbsp;] Written communications pursuant to Rule 425
under the Securities Act (17 CFR 230.425)</P>

<P STYLE="font: 12pt/106% Times New Roman, Times, Serif; margin: 0 0 8pt">[&nbsp;&nbsp;&nbsp;] Soliciting material pursuant to Rule 14a-12 under
the Exchange Act (17 CFR 240.14a-12)</P>

<P STYLE="font: 12pt/106% Times New Roman, Times, Serif; margin: 0 0 8pt">[&nbsp;&nbsp;&nbsp;] Pre-commencement communications pursuant to Rule
14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</P>

<P STYLE="font: 12pt/106% Times New Roman, Times, Serif; margin: 0 0 8pt">[&nbsp;&nbsp;&nbsp;] Pre-commencement communications pursuant to Rule
13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</P>

<P STYLE="font: 12pt/106% Times New Roman, Times, Serif; margin: 0 0 16pt">&nbsp;</P>

<P STYLE="font: 12pt/106% Times New Roman, Times, Serif; margin: 0 0 8pt"><B>Item 7.01 Regulation FD Disclosure.</B></P>

<P STYLE="font: 12pt/106% Times New Roman, Times, Serif; margin: 0 0 8pt">First Trust Enhanced Equity Income Fund (the "Fund") is filing herewith a press
release issued on June 17, 2020, as Exhibit 99.1. The press release was issued by First Trust Advisors L.P. to report that Chartwell Investment
Partners, LLC, the Fund's investment sub-advisor, will release an update on the market and the Fund on June 19, 2020. Details regarding the access
to the update are contained in the press release included herein.</P>

<P STYLE="font: 12pt/106% Times New Roman, Times, Serif; margin: 0 0 16pt"><B>Item 9.01 Financial Statements and Exhibits.</B></P>

<P STYLE="font: 12pt/106% Times New Roman, Times, Serif; margin: 0 0 8pt">(d) Exhibits</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt/106% Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 4%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 12%; padding-right: 5.4pt; padding-left: 5.4pt">Exhibit</TD>
    <TD STYLE="width: 84%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Number</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Description</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">99.1</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><A HREF="pressrelease.htm"><FONT STYLE="color: blue">Press release of First Trust Advisors L.P. dated June 17, 2020</FONT></A>.</TD></TR>
</TABLE>
<P STYLE="font: 12pt/106% Times New Roman, Times, Serif; margin: 0 0 16pt">&nbsp;</P>

<P STYLE="font: 12pt/106% Times New Roman, Times, Serif; margin: 0 0 16pt">&nbsp;</P>

<P STYLE="font: 12pt/106% Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: center"><B>SIGNATURES</B></P>

<P STYLE="font: 12pt/106% Times New Roman, Times, Serif; margin: 0 0 8pt">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.</P>

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<TR>
    <TD STYLE="vertical-align: bottom; width: 7%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 41%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 2%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 50%">FIRST TRUST ENHANCED EQUITY INCOME FUND</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom">Date</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid">June 17, 2020</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid">/s/ W. Scott Jardine</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Name: W. Scott Jardine</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Title: Secretary</TD></TR>
</TABLE>

<P STYLE="font: 10pt/106% Times New Roman, Times, Serif; margin: 0 0 8pt">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt/106% Times New Roman, Times, Serif; margin: 0 0 8pt">&nbsp;</P>

<P STYLE="font: 12pt/106% Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: center"><B>EXHIBIT INDEX</B></P>

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<TR STYLE="vertical-align: top">
    <TD STYLE="width: 4%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 12%; padding-right: 5.4pt; padding-left: 5.4pt">Exhibit</TD>
    <TD STYLE="width: 84%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Number</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Description</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">99.1</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><A HREF="pressrelease.htm"><FONT STYLE="color: blue">Press release of First Trust Advisors L.P. dated June 17, 2020</FONT></A>.</TD></TR>
</TABLE>
<P STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 8pt">&nbsp;</P>

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<TYPE>EX-99
<SEQUENCE>2
<FILENAME>pressrelease.htm
<DESCRIPTION>PRESS RELEASE
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<P STYLE="margin: 0"></P>

<P STYLE="font: 12pt/14pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

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<TR>
    <TD STYLE="font: 12pt/14pt Times New Roman, Times, Serif; width: 50%; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">PRESS RELEASE</FONT></TD>
    <TD STYLE="font: 12pt/14pt Times New Roman, Times, Serif; width: 50%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">SOURCE: First Trust Advisors L.P.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 12pt/14pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 12pt/14pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>First Trust Advisors L.P. Announces Portfolio Manager Update for
First Trust Enhanced Equity Income Fund</B></P>

<P STYLE="font: 12pt/14pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 12pt/14pt Times New Roman, Times, Serif; margin: 0 0 9pt; text-align: justify">WHEATON, IL &mdash; (BUSINESS WIRE) &mdash; June 17, 2020 &mdash;
First Trust Advisors L.P. (&ldquo;FTA&rdquo;) announced today that Chartwell Investment Partners, LLC (&ldquo;Chartwell&rdquo;),
investment sub-advisor for First Trust Enhanced Equity Income Fund (NYSE: FFA) (the &ldquo;Fund&rdquo;), will release an update
on the market and the Fund for financial advisors and investors. The update will be available <B><U>Friday, June 19, 2020, at 5:00
P.M. Eastern Time until 11:59 P.M. Eastern Time on Monday, July 20, 2020</U></B>. To listen to the update, follow these instructions:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 12pt/14pt Times New Roman, Times, Serif; width: 4%; padding-right: 5.4pt; padding-bottom: 9pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">--</FONT></TD>
    <TD STYLE="font: 12pt/14pt Times New Roman, Times, Serif; width: 96%; padding-right: 5.4pt; padding-bottom: 9pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Dial: (888) 203-1112; International (719) 457-0820; Passcode # 2093965. The update will be available from Friday, June 19, 2020, at 5:00 P.M. Eastern Time until 11:59 P.M. Eastern Time on Monday, July 20, 2020.</FONT></TD></TR>
</TABLE>


<P STYLE="font: 12pt/14pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 12pt/14pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Fund is a diversified, closed-end
management investment company that seeks to provide a high level of current income and gains and, to a lesser extent, capital appreciation.
The Fund seeks to achieve its investment objective by investing in a diversified portfolio of equity securities and by writing
(selling) covered call options on a portion of the equity securities in the fund&rsquo;s portfolio.</P>

<P STYLE="font: 12pt/14pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">FTA is a federally registered investment advisor
and serves as the Funds&rsquo; investment advisor. FTA and its affiliate First Trust Portfolios L.P. (&ldquo;FTP&rdquo;), a FINRA
registered broker-dealer, are privately-held companies that provide a variety of investment services. FTA has collective assets
under management or supervision of approximately $135 billion as of May 31, 2020 through unit investment trusts, exchange-traded
funds, closed-end funds, mutual funds and separate managed accounts. FTA is the supervisor of the First Trust unit investment trusts,
while FTP is the sponsor. FTP is also a distributor of mutual fund shares and exchange-traded fund creation units. FTA and FTP
are based in Wheaton, Illinois.</P>

<P STYLE="font: 12pt/14pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Chartwell Investment Partners, LLC (&quot;Chartwell&quot;)
serves as the investment sub-advisor for FFA and is an investment firm focusing on institutional, sub-advisory, and private client
relationships. The firm is a research-based equity and fixed-income manager with a disciplined, team-oriented investment process.
As of May 31, 2020, Chartwell had approximately $8.8 billion in assets under management.</P>

<P STYLE="font: 12pt/14pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/14pt Times New Roman, Times, Serif; margin: 0; text-align: justify">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. There can be no
assurance that the Fund&rsquo;s investment objectives will be achieved. The Fund may not be appropriate for all investors.</P>

<P STYLE="font: 12pt/14pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Principal Risk Factors: Securities held by
a Fund, as well as shares of a Fund itself, are subject to market fluctuations caused by factors such as general economic conditions,
political events, regulatory or market developments, changes in interest rates and perceived trends in securities prices. Shares
of a Fund could decline in value or underperform other investments as a result of the risk of loss associated with these market
fluctuations. In addition, local, regional or global events such as war, acts of terrorism, spread of infectious diseases or other
public health issues, recessions, or other events could have a significant negative impact on a fund and its investments. Such
events may affect certain geographic regions, countries, sectors and industries more significantly than others. The outbreak of
the respiratory disease designated as COVID-19 in December 2019 has caused significant volatility and declines in global financial
markets, which have caused losses for investors. The impact of this COVID-19 pandemic may last for an extended period of time,
and will continue to impact the economy for the foreseeable future.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Equity securities prices fluctuate for several
reasons, including changes in investors&rsquo; perceptions of the financial condition of an issuer or the general condition of
the relevant stock market, or when political or economic events affecting the issuers or their industries occur.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Fund may write (sell) covered call options
on all or a portion of the equity securities held in the Fund's portfolio. The use of options may require the Fund to sell portfolio
securities at inopportune times or for prices other than current market values, may limit the amount of appreciation the Fund can
realize on an investment, or may cause the Fund to hold an equity security that it might otherwise sell.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">There is no guarantee that the issuers of the
equity securities in which the Fund invests will declare dividends in the future or that if declared they will remain at current
levels. There can be no assurance as to what portion of the distributions paid to the Fund&rsquo;s Common Shareholders will consist
of tax-advantaged qualified dividend income.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Investment in non-U.S. securities is subject
to the risk of currency fluctuations and to economic and political risks associated with such foreign countries.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The risks of investing in the Fund are
spelled out in the prospectus, shareholder report and other regulatory filings.</P>

<P STYLE="font: 12pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The information presented is not intended
to constitute an investment recommendation for, or advice to, any specific person. By providing this information, First Trust is
not undertaking to give advice in any fiduciary capacity within the meaning of ERISA, the Internal Revenue Code or any other regulatory
framework. Financial advisors are responsible for evaluating investment risks independently and for exercising independent judgment
in determining whether investments are appropriate for their clients.</P>

<P STYLE="font: 12pt/14pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Fund&rsquo;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 (800) 988-5891.</P>



<P STYLE="font: 12pt/14pt Times New Roman, Times, Serif; margin: 0 0 9pt; text-align: justify"></P>

<P STYLE="font: 12pt/14pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/14pt Times New Roman, Times, Serif; margin: 0; text-align: justify">CONTACT: JEFF MARGOLIN - (630) 915-6784</P>

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<P STYLE="font: 12pt/14pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Source: First Trust Advisors L.P.</P>

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