First Trust Advisors L.P. Announces Portfolio Manager Update for First Trust Dynamic Europe Equity Income Fund | Business Wire

WHEATON, Ill.–(BUSINESS WIRE)–First Trust Advisors L.P. (“FTA”) announced today that Henderson Global

Investors (North America) Inc. (“Henderson”) and Henderson Investment

Management Limited, investment sub-advisors for First Trust Dynamic

Europe Equity Income Fund (NYSE: FDEU) (the “Fund”), will release an

update on the market and the Fund for financial advisors and investors.

The update will be available Wednesday, April 5, 2017, at 5:00 P.M.

Eastern Time until 11:59 P.M. Eastern Time on Thursday, May 4, 2017.

To listen to the update, follow these instructions:

—. Dial: (888) 203-1112. International (719) 457-0820. Passcode #

6321478. The update will be available from Wednesday, April 5, 2017, at

5:00 P.M. Eastern Time until 11:59 P.M. Eastern Time on Thursday, May 4,

2017.

The Fund is a non-diversified, closed-end management investment company

that seeks to provide a high level of current income. As a secondary

objective, the Fund seeks to focus on capital appreciation. The Fund

will seek to achieve its investment objective by investing at least 80%

of its Managed Assets in a portfolio of equity securities of European

companies of any market capitalization, including. Not limited to,

common and preferred stocks that pay dividends, depositary receipts and

real estate investment trusts. The Fund will seek to focus its equity

investments on income-producing securities. The Fund will also seek to

utilize a dynamic currency hedging process, which will include, at the

discretion of the portfolio managers, the use of forward foreign

currency exchange contracts to hedge a portion of the Fund’s currency

exposure. To generate additional income, the Fund will write (or sell)

call options on portfolio equity securities and certain broad-based

securities indices in an amount up to 40% of the value of its Managed

Assets.

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 February

28, 2017 through unit investment trusts, exchange-traded funds,

closed-end funds, mutual funds and separate managed accounts.

Henderson serves as the Fund’s investment sub-advisor. Henderson is an

indirect, wholly-owned subsidiary of Henderson Group plc (“Henderson

Group”), a London-based global investment management firm that provides

a full spectrum of investment products and services to clients around

the world. First Trust Advisors L.P. and Henderson have engaged

Henderson Investment Management Limited, a registered investment adviser

and an indirect, wholly-owned subsidiary of Henderson Group, as the

sub-sub-advisor responsible for certain investment decisions of the

Fund. With offices in 19 cities with more than 1,000 employees,

Henderson Group managed approximately $127.4 billion in assets as of

December 31, 2016.

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.

Principal Risk Factors: The Fund is subject to risks, including the fact

that it's a non-diversified closed-end management investment company.

Because the Fund will invest primarily in securities of non-U.S.

issuers, which are generally denominated in non-U.S. currencies, there

are risks not typically associated with investing in securities of U.S.

issuers. Non-U.S. issuers are subject to higher volatility than

securities of U.S. issuers. An investor may lose money if the local

currency of a non-U.S. market depreciates against the U.S. dollar.

Investments in securities of issuers located in emerging market

countries are considered speculative and there is a heightened risk of

investing in emerging markets securities.

The Fund will engage in practices and strategies that'll result in

exposure to fluctuations in foreign exchange rates, thus subjecting it

to foreign currency risk.

The Fund’s use of derivatives may result in losses greater than if they

hadn't been used, may require the Fund to sell or purchase portfolio

securities at inopportune times, may limit the amount of appreciation

the Fund can realize on an investment. May cause the Fund to hold a

security that it might otherwise sell.

Use of leverage can result in additional risk and cost. 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 Fund’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.