First Trust Energy Infr Stock (NYSE: FIF)

First Trust Energy Infr Stock (NYSE:FIF), Trade Ideas

First Trust Energy Infr

First Trust Energy Infrastructure Fund is a closed-end management investment company. The fund's investment objective is to seek a high level of total return with an emphasis on current distributions paid to shareholders. It seeks to invest in stocks of companies operating in the energy infrastructure sector, including pipeline companies, utilities, and other companies that derive maximum 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. Geographically, all the operations function through the United States of America.

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First Trust Energy Infrastructure Fund Common Shares of Beneficial Interest

First Trust Energy Infrastructure Fund

FIRST FOODS GROUP INC by First Foods Group, Inc.

First Foods Group Inc

Fifth Third Bancorp

Fifth Third Bancorp - Depositary Share repstg 1/1000th Ownership Interest Perp Pfd Series I

Fifth Third Bancorp - Depositary Shares each representing a 1/1000th ownership interest in a share of Non-Cumulative Perpetual Preferred Stock, Series K

Fifth Third Bancorp - Depositary Shares each representing 1/40th share of Fifth Third 6.00% Non-Cumulative Perpetual Class B Preferred Stock, Series A

Fifth Wall Acquisition Corp. II

First Trust Advisors L.P. ("FTA") announced today that shareholders of First Trust Energy Income and Growth Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FEN#NYSE">FEN</a>), First Trust MLP and Energy Income Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FEI#NYSE">FEI</a>), First Trust New Opportunities MLP &amp; Energy Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FPL#NYSE">FPL</a>) and First Trust Energy Infrastructure Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FIF#NYSE">FIF</a>) (the "Target Funds" or each, individually, a "Target Fund"), each a closed-end management investment company managed by FTA and sub-advised by Energy Income Partners, LLC ("EIP"), approved the mergers of the Target Funds into FT Energy Income Partners Enhanced Income ETF ("EIPI"), a newly formed actively managed exchange-traded fund ("ETF") that will be traded on the NYSE Arca and will be managed by FTA and sub-advised by EIP, at a joint special meeting of shareholders on February 29, 2024.
As previously announced, the mergers were approved by the Boards of Trustees of the Target Funds and EIPI on October 23, 2023. The Boards of Trustees of the Target Funds believe the mergers may benefit shareholders through (among other reasons) the following:
<ul>
<li>An anticipated significant reduction or elimination of the discount to net asset value ("NAV") at which the Target Funds' shares have traded, as shares of ETFs typically trade at or near their NAV due in part to the share creation and redemption features of ETFs;</li>
<li>The favorable tax attributes and the daily portfolio holdings transparency that the open-end ETF structure would provide;</li>
<li>The potential for similar or increased distributions resulting from lower expenses and increased option premiums while reducing the volatility associated with the use of leverage from borrowings; and</li>
<li>Lower overall total expense ratios.</li>
</ul>
Subject to the satisfaction of certain customary closing conditions, the mergers of the Target Funds into EIPI are expected to close by the end of April 2024, or as soon thereafter as practicable. No assurance can be given as to the exact timing of the closing of the mergers.
Upon the completion of a merger, shareholders of the applicable Target Fund will receive shares of EIPI with a value equal to the aggregate NAV of the Target Fund shares held by them immediately prior to the merger and such shareholders will become shareholders of EIPI, with the Target Fund thereafter terminated. The merger of each Target Fund into EIPI is expected to qualify as a tax-free reorganization for federal income tax purposes.
In connection with its merger into EIPI, each of FEN, FEI and FPL will likely be required to recognize an adjustment to its NAV as of February 29, 2024. Based on information available on February 28, 2024, FTA estimates that such adjustments will not result in any change to the NAV of FEN and could result in an increase in NAV of approximately $1,357,800 (or $0.030 per share) for FEI and a decrease in NAV of approximately $1,943,747 (or $0.083 per share) for FPL. As FTA receives additional year‑end tax information from the master limited partnerships ("MLPs") held by the Target Funds, each of FEN, FEI and FPL may need to further decrease its NAV from time to time prior to the completion of its merger and EIPI may need to decrease its NAV following the completion of the mergers. The amount and timing of all of the foregoing potential NAV adjustments will depend in part on the market prices and composition of the Target Funds' portfolio securities.
EIPI is an actively managed ETF that seeks a high level of total return with an emphasis on current distributions paid to shareholders.Under normal market conditions, EIPI will pursue its investment objective by investing primarily in a portfolio of equity securities in the broader energy market. EIPI will also seek to enhance its income paying capacity by selling call options. In advance of the merger of each Target Fund into EIPI, EIP anticipates repositioning the Target Fund's portfolio in order to de-lever and align the Target Fund's investments with the investment strategies of EIPI, while continuing to seek to achieve the Target Fund's investment objective.
EIP believes that rapid changes to the energy system driven by innovations like oil and gas completion technologies, renewable energy and energy storage as well as government policies relating to the energy system's emissions, safety, reliability, resilience and national security have created a wider range of and more diversified opportunities in the energy sector than in the past. The portfolio is anticipated to focus on companies with stable cash flows and higher-than-average dividend payout ratios or companies with cyclical cash flows that have lower and more sustainable dividend payout ratios. This may include an initial portfolio allocation for EIPI that includes 25% to 35% of pipeline C Corporations, 25% to 35% of regulated and diversified utilities, 20% to 25% MLPs, 5% to 15% of other energy infrastructure companies, 5% to 15% of integrated oil companies, and 2% to 5% of renewable energy developers.
FTA is a federally registered investment advisor and serves as the investment advisor of each Target Fund and EIPI. FTA and its affiliate First Trust Portfolios L.P. ("FTP"), 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 $211 billion as of January 31, 2024 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.
EIP serves as each Target Fund's and EIPI'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 January 31, 2024, EIP managed or supervised approximately $5.0 billion in client assets.

First Trust Announces Shareholder Approvals Of The Mergers Of The Target Funds Into FT Energy Income Partners Enhanced Income ETF

Monday marks the last chance for investors to receive the next dividend payout from First Trust Energy Infr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FIF#NYSE">FIF</a>). 
<h3>What's Happening</h3>
The company announced on Wednesday that it would pay shareholders a monthly dividend of 10 cents per share. On Tuesday, First Trust Energy Infr will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 10 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Tuesday. Shareholders who own FIF as of the end of Monday's session are eligible to receive the 10 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on January 16, 2024. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
<a href="https://www.benzinga.com/quote/FIF">See current stock movements First Trust Energy Infr on Benzinga.</a>

Dividends

Monday Is Your Last Chance To Buy First Trust Energy Infr Before The Dividend Payout

Tuesday marks the last chance for investors to receive the next dividend payout from First Trust Energy Infr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FIF#NYSE">FIF</a>). 
<h3>What's Happening</h3>
The company announced on Monday that it would pay shareholders a monthly dividend of 10 cents per share. On Wednesday, First Trust Energy Infr will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 10 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Wednesday. Shareholders who own FIF as of the end of Tuesday's session are eligible to receive the 10 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on November 15, 2023. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
<a href="https://www.benzinga.com/quote/FIF">Monitor live stock price updates for First Trust Energy Infr on Benzinga.</a>

First Trust Energy Infr's Ex-Dividend Date Is Wednesday, Here's What You Need To Know

Friday marks the last chance for investors to receive the next dividend payout from First Trust Energy Infr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FIF#NYSE">FIF</a>). 
<h3>What's Happening</h3>
The company announced on Wednesday that it would pay shareholders a monthly dividend of 10 cents per share. On Monday, First Trust Energy Infr will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 10 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Monday. Shareholders who own FIF as of the end of Friday's session are eligible to receive the 10 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on October 16, 2023. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
<a href="https://www.benzinga.com/quote/FIF">Track real-time stock fluctuations for First Trust Energy Infr on Benzinga.</a>

First Trust Energy Infr: Dividend Insights

Monday marks the last chance for investors to receive the next dividend payout from First Trust Energy Infr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FIF#NYSE">FIF</a>). 
<h3>What's Happening</h3>
The company announced on Thursday that it would pay shareholders a monthly dividend of 10 cents per share. On Tuesday, First Trust Energy Infr will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 10 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Tuesday. Shareholders who own FIF as of the end of Monday's session are eligible to receive the 10 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on August 15, 2023. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
<a href="https://www.benzinga.com/quote/FIF">See current stock movements First Trust Energy Infr on Benzinga.</a>

Wednesday marks the last chance for investors to receive the next dividend payout from First Trust Energy Infr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FIF#NYSE">FIF</a>). 
<h3>What's Happening</h3>
The company announced on Monday that it would pay shareholders a monthly dividend of 10 cents per share. On Thursday, First Trust Energy Infr will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 10 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Thursday. Shareholders who own FIF as of the end of Wednesday's session are eligible to receive the 10 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on June 15, 2023. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
<a href="https://www.benzinga.com/stock//dividends">Click here</a> to find details on First Trust Energy Infr's previous dividends.
To keep track of which companies are distributing dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar.

First Trust Energy Infr's Ex-Dividend Date Is Thursday, Here's What You Need To Know

Friday marks the last chance for investors to receive the next dividend payout from First Trust Energy Infr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FIF#NYSE">FIF</a>). 
<h3>What's Happening</h3>
The company announced on Thursday that it would pay shareholders a monthly dividend of 10 cents per share. On Monday, First Trust Energy Infr will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 10 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Monday. Shareholders who own FIF as of the end of Friday's session are eligible to receive the 10 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on May 15, 2023. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
To read more news on First Trust Energy Infr <a href="https://www.benzinga.com/stock//">click here</a>
<a href="https://www.benzinga.com/calendars/dividends">Click here</a> to visit our Dividends Calendar.

Friday Is Your Last Chance To Buy First Trust Energy Infr Before The Dividend Payout

Friday marks the last chance for investors to receive the next dividend payout from First Trust Energy Infr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FIF#NYSE">FIF</a>). 
<h3>What's Happening</h3>
The company announced on Monday that it would pay shareholders a monthly dividend of 10 cents per share. On Monday, First Trust Energy Infr will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 10 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Monday. Shareholders who own FIF as of the end of Friday's session are eligible to receive the 10 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on April 17, 2023. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
To read more news on First Trust Energy Infr <a href="https://www.benzinga.com/stock//">click here</a>
<a href="https://www.benzinga.com/calendars/dividends">Click here</a> to visit our Dividends Calendar.

First Trust Energy Infrastructure Fund Raises Monthly Common Share Distribution From $0.0655/Share To $0.10/Share

First Trust Energy Infrastructure Fund Increases Its Monthly Common Share Distribution From $0.0645 To $0.065/Share For February

Monday marks the last chance for investors to receive the next dividend payout from First Trust Energy Infra (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FIF#NYSE">FIF</a>). 
<h3>What's Happening</h3>
The company announced on Tuesday that it would pay shareholders a monthly dividend of 6.45 cents per share. On Tuesday, First Trust Energy Infra will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 6.45 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Tuesday. Shareholders who own FIF as of the end of Monday's session are eligible to receive the 6.45 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on January 17, 2023. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
To keep track of which companies are distributing dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar.

First Trust Energy Infra: Dividend Insights

First Trust Energy Infrastructure Fund Increases Its Monthly Common Share Distribution From $0.064 To $0.0645/Share For January

Wednesday marks the last chance for investors to receive the next dividend payout from First Trust Energy Infra (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FIF#NYSE">FIF</a>). 
<h3>What's Happening</h3>
The company announced on Monday that it would pay shareholders a monthly dividend of 6.4 cents per share. On Thursday, First Trust Energy Infra will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 6.4 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Thursday. Shareholders who own FIF as of the end of Wednesday's session are eligible to receive the 6.4 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on December 15, 2022. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
To stay up-to-date with the companies that are announcing their dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar.

Wednesday Is Your Last Chance To Buy First Trust Energy Infra Before The Dividend Payout

Monday marks the last chance for investors to receive the next dividend payout from First Trust Energy Infra (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FIF#NYSE">FIF</a>). 
<h3>What's Happening</h3>
The company announced on Thursday that it would pay shareholders a monthly dividend of 6.35 cents per share. On Tuesday, First Trust Energy Infra will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 6.35 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Tuesday. Shareholders who own FIF as of the end of Monday's session are eligible to receive the 6.35 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on November 15, 2022. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
<a href="https://www.benzinga.com/stock//dividends">Click here</a> to find details on First Trust Energy Infra's previous dividends.
To keep track of which companies are distributing dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar.

First Trust Energy Infrastructure Fund (the &quot;Fund&quot;) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FIF#NYSE">FIF</a>) has increased its regularly scheduled monthly common share distribution to&nbsp;$0.0635&nbsp;per share from&nbsp;$0.063&nbsp;per share. The distribution will be payable on November 15, 2022, to shareholders of record as of November 2, 2022. The ex-dividend date is expected to be November 1, 2022. The monthly distribution information for the Fund appears below.
<table cellspacing="0">
<tbody>
<tr>
<td colspan="1" rowspan="1">
First Trust Energy Infrastructure Fund&nbsp;(FIF):
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Distribution per share:&nbsp;
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
$0.0635&nbsp;
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Distribution Rate based on the October 19, 2022 NAV of&nbsp;$16.10:&nbsp;
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
4.73%&nbsp;
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Distribution Rate based on the October 19, 2022 closing market price of&nbsp;$13.77:&nbsp;
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
5.53%&nbsp;
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Increase from previous distribution of&nbsp;$0.063:
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
&nbsp;
</td>
<td colspan="1" rowspan="1">
0.79%&nbsp;
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
</tr>
</tbody>
</table>
The Fund&#39;s Board of Trustees has approved a managed distribution policy for the Fund (the &quot;Plan&quot;) 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. Under the Plan, the Fund intends to continue to pay a monthly distribution that reflects the distributable cash flow of the Fund. A portion of this monthly distribution may include long-term capital gains. This may result in a reduction of the long-term capital gain distribution necessary at year end by distributing long-term capital gains throughout the year. The annual distribution rate is independent of the Fund&#39;s performance during any particular period. Accordingly, you should not draw any conclusions about the Fund&#39;s investment performance from the amount of any distribution or from the terms of the Plan.
The distribution may consist of net investment income earned by the Fund, net short-term and long-term 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 (&quot;MLPs&quot;) in which the Fund invests. The final determination of the source of tax status of all 2022 distributions will be made after the end of 2022 and will be provided on Form 1099-DIV.
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, YieldCos, pipeline companies, utilities, and other companies that derive at least&nbsp;50%&nbsp;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 (collectively, &quot;Energy Infrastructure Companies&quot;). To generate additional income, the Fund expects to write (or sell) covered call options on up to&nbsp;35%&nbsp;of the managed assets held in the Fund&#39;s portfolio.
First Trust Advisors L.P. (&quot;FTA&quot;) is a federally registered investment advisor and serves as the Fund&#39;s investment advisor. FTA and its affiliate First Trust Portfolios L.P. (&quot;FTP&quot;), 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&nbsp;$178 billion&nbsp;as of September 30, 2022 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.
Energy Income Partners, LLC (&quot;EIP&quot;) serves as the Fund&#39;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 September 30, 2022, EIP managed or supervised approximately&nbsp;$4.8 billion&nbsp;in client assets.
Principal Risk Factors:&nbsp;Risks are inherent in all investing. Certain risks applicable to the Fund are identified below, which includes the risk that you could lose some or all of your investment in the Fund. The principal risks of investing in the Fund are spelled out in the Fund&#39;s annual shareholder reports. The order of the below risk factors does not indicate the significance of any particular risk factor. The Fund also files reports, proxy statements and other information that is available for review.
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. There can be no assurance that the Fund&#39;s investment objectives will be achieved. The Fund may not be appropriate for all investors.
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. In February 2022, Russia invaded Ukraine which has caused and could continue to cause significant market disruptions and volatility within the markets in Russia, Europe, and the United States. The hostilities and sanctions resulting from those hostilities could have a significant impact on certain fund investments as well as fund performance. The COVID-19 global pandemic and the ensuing policies enacted by governments and central banks have caused and may continue to cause significant volatility and uncertainty in global financial markets. While the U.S. has resumed &quot;reasonably&quot; normal business activity, many countries continue to impose lockdown measures. Additionally, there is no guarantee that vaccines will be effective against emerging variants of the disease.
The Fund is subject to risks, including the fact that it is a non-diversified closed-end management investment company.
Because the Fund is concentrated in securities issued by energy infrastructure companies, it will be more susceptible to adverse economic or regulatory occurrences affecting that industry, including high interest costs, high leverage costs, the effects of economic slowdown, surplus capacity, increased competition, uncertainties concerning the availability of fuel at reasonable prices, the effects of energy conservation policies and other factors. Investments in securities of MLPs involve certain risks different from or in addition to the risks of investing in common stocks. The number of energy-related MLPs has declined since 2014. The industry is witnessing the consolidation or simplification of corporate structures where the MLP sleeve of capital is being eliminated. As a result of the foregoing, the Fund&#39;s MLP investments could become less diverse and the Fund may increase its non-MLP investments consistent with its investment objective and policies. Changes in tax laws or regulations, or interpretations thereof in the future, could adversely affect the Fund or the MLPs, MLP-related entities and other energy sector and energy utility companies in which the Fund invests.
The Fund invests in securities of non-U.S. issuers which are subject to higher volatility than securities of U.S. issuers. Because the Fund invests in non-U.S. securities, you may lose money if the local currency of a non-U.S. market depreciates against the U.S. dollar.
There can be no assurance as to what portion of the distributions paid to the Fund&#39;s Common Shareholders will consist of tax-advantaged qualified dividend income.
To the extent a fund invests in floating or variable rate obligations that use the London Interbank Offered Rate (&quot;LIBOR&quot;) as a reference interest rate, it is subject to LIBOR Risk. The United Kingdom&#39;s Financial Conduct Authority, which regulates LIBOR has ceased making LIBOR available as a reference rate over a phase-out period that began December 31, 2021. There is no assurance that any alternative reference rate, including the Secured Overnight Financing Rate (&quot;SOFR&quot;) will be similar to or produce the same value or economic equivalence as LIBOR or that instruments using an alternative rate will have the same volume or liquidity. The unavailability or replacement of LIBOR may affect the value, liquidity or return on certain fund investments and may result in costs incurred in connection with closing out positions and entering into new trades. Any potential effects of the transition away from LIBOR on the fund or on certain instruments in which the fund invests can be difficult to ascertain, and they may vary depending on a variety of factors, and they could result in losses to the fund.
As the writer (seller) of a call option, the Fund forgoes, during the life of the option, the opportunity to profit from increases in the market value of the portfolio security covering the option above the sum of the premium and the strike price of the call option but retains the risk of loss should the price of the underlying security decline. The value of call options written by the Fund may be adversely affected if the market for the option is reduced or becomes illiquid. There can be no assurance that a liquid market will exist when the Fund seeks to close out an option position.
If short-term interest rates are lower than the Fund&#39;s fixed rate of payment on an interest rate swap, the swap will reduce common share net earnings. In addition, a default by the counterparty to a swap transaction could also negatively impact the performance of the common shares.
Use of leverage can result in additional risk and cost, and can magnify the effect of any losses.
The risks of investing in the Fund are spelled out in the shareholder reports and other regulatory filings.
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 professionals are responsible for evaluating investment risks independently and for exercising independent judgment in determining whether investments are appropriate for their clients.
The Fund&#39;s daily closing New York Stock Exchange price and net asset value per share as well as other information can be found at&nbsp;<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.ftportfolios.com&amp;esheet=52949526&amp;newsitemid=20221020006033&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.ftportfolios.com&amp;index=1&amp;md5=75539b0c365cd25520b77c89f7c6ada3">https://www.ftportfolios.com</a>&nbsp;or by calling 1-800-988-5891.

First Trust Energy Infrastructure Fund Increases Its Monthly Common Share Distribution From $0.063 To $0.0635 Per Share for November

Wednesday marks the last chance for investors to receive the next dividend payout from First Trust Energy Infra (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FIF#NYSE">FIF</a>). 
<h3>What's Happening</h3>
The company announced on Monday that it would pay shareholders a monthly dividend of 6.25 per share. On Thursday, First Trust Energy Infra will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 6.25 lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Thursday. Shareholders who own FIF as of the end of Wednesday's session are eligible to receive the 6.25 dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on September 15, 2022. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
To stay up-to-date with the companies that are announcing their dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar.

Tuesday marks the last chance for investors to receive the next dividend payout from First Trust Energy Infra (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FIF#NYSE">FIF</a>). 
<h3>What's Happening</h3>
The company announced on Monday that it would pay shareholders a monthly dividend of $0.0625 per share. On Wednesday, First Trust Energy Infra will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open $0.0625 lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Wednesday. Shareholders who own FIF as of the end of Tuesday's session are eligible to receive the $0.0625 dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on June 15, 2022. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
To stay up-to-date with the companies that are announcing their dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar.

Thursday marks the last chance for investors to receive the next dividend payout from First Trust Energy Infra (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FIF#NYSE">FIF</a>). 
<h3>What's Happening</h3>
The company announced on Monday that it would pay shareholders a monthly dividend of $0.0625 per share. On Friday, First Trust Energy Infra will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open $0.0625 lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Friday. Shareholders who own FIF as of the end of Thursday's session are eligible to receive the $0.0625 dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on April 18, 2022. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
To read more news on First Trust Energy Infra <a href="https://www.benzinga.com/stock//">click here</a>
<a href="https://www.benzinga.com/calendars/dividends">Click here</a> to visit our Dividends Calendar.

Thursday Is Your Last Chance To Buy First Trust Energy Infra Before The Dividend Payout

Options

AORT

APLE

ARCH

ARLO

CACI

CALM

CENX

CHKP

CRDO

CSGS

ENLC

FDUS

FEXD

GATX

Grindrod Shipping Holdings Ltd Ordinary Shares

GRIN

HLLY

HSON

HWKN

INDO

JKHY

LNTH

MCRI

NUAN

NXST

QUAD

RTLR

Companhia De Saneamento Basico Do Estado De Sao

SKYX

SPTN

STLD

TECK

TENB

TMST

UNVR

VIRT

Stocks That Hit 52-Week Highs On Thursday

Monday marks the last chance for investors to receive the next dividend payout from First Trust Energy Infra (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FIF#NYSE">FIF</a>). 
<h3>What's Happening</h3>
The company announced on Thursday that it would pay shareholders a monthly dividend of $0.0625 per share. On Tuesday, First Trust Energy Infra will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open $0.0625 lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Tuesday. Shareholders who own FIF as of the end of Monday's session are eligible to receive the $0.0625 dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on February 15, 2022. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
<a href="https://www.benzinga.com/stock//dividends">Click here</a> to find details on First Trust Energy Infra's previous dividends.
To keep track of which companies are distributing dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar.

First Trust Energy Infra's Ex-Dividend Date Is Monday, Here's What You Need To Know

First Trust Energy Infrastructure Fund declares $0.10 dividend

FPL: Impending Merger Creates Opportunity For Significant Gains (Rating Upgrade)

FIF CEF: Upcoming ETF Conversion Set To Erase 5.65% Discount

NML: A Very Good Midstream Fund With A Higher Yield Than Its Peers

Weekly CEF Commentary | March 3, 2024 | PDX Makes The Change

First Trust MLP and Energy Income Fund's Transition To ETF Makes For Attractive Opportunity

UTF: 8%-Yielding Infrastructure Fund And Alternatives

Weekly CEF Roundup: First Trust MLP CEF Mergers Approved, Saba Buys BSTZ, PDX Goes Monthly

AMLP

BSTZ

CCIA

CCIF

HESM

MPLX

NMCO

PAAPU

PAGP

SOJC

SOJD

SOJE

Press Releases

First Trust Energy Infrastructure Fund Issues Notice Regarding January 2024 Distribution

First Trust Energy Infrastructure Fund Declares its Monthly Common Share Distribution of $0.10 Per Share for February

First Trust Energy Infrastructure Fund Issues Notice Regarding February 2024 Distribution