First Trust Announces Completion of First Trust Dynamic Europe Equity Income Fund’s Reorganization into First Trust Active Global Quality Income ETF
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As previously announced, the shareholders of FDEU approved FDEU’s reorganization into AGQI at a Special Meeting of Shareholders on October 23, 2023. The reorganization was approved by the Board of Trustees of each of FDEU and AGQI on March 22, 2023.
In the reorganization, the assets of FDEU were transferred to, and the liabilities of FDEU were assumed by, AGQI. The shareholders of FDEU received shares of AGQI with a value equal to the aggregate net asset value of the shares of FDEU held by them.
AGQI is an actively managed ETF that seeks income with the potential for capital growth over the longer-term. AGQI pursues these investment objectives by investing primarily in income-producing equity securities, and will typically invest at least
FTA is a federally registered investment advisor and serves as the investment advisor of AGQI. 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
Janus Henderson Investors, a subsidiary of Janus Henderson Group, PLC, serves as AGQI’s investment sub-advisor. Janus Henderson Group is a leading global active asset manager dedicated to helping clients define and achieve superior financial outcomes through differentiated insights, disciplined investments, and world-class service. As of September 30, 2023, Janus Henderson had approximately
This press release is not intended to, and shall not, constitute an offer to purchase or sell shares of AGQI. An investor should carefully consider the investment objectives, risks, charges and expenses of AGQI before investing. The prospectus for AGQI contains this and other important information and is available free of charge by calling First Trust Portfolios L.P. at 1-800-621-1675 or visiting www.ftportfolios.com. The prospectus should be read carefully before investing.
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Dan Lindquist – (630) 517-8692
Chris Fallow – (630) 517-7628
Jim Dykas – (630) 517-7665
Source: First Trust Advisors L.P.
FAQ
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