First Trust Announces Shareholder Approval of First Trust Dynamic Europe Equity Income Fund’s Reorganization into First Trust Active Global Quality Income ETF
As previously announced, the reorganization was approved by the Boards of Trustees of FDEU and AGQI on March 22, 2023.
- As previously announced, the reorganization was approved by the Boards of Trustees of FDEU and AGQI on March 22, 2023.
- Subject to the satisfaction of certain customary closing conditions, the reorganization of FDEU into AGQI is expected to close on or around November 20, 2023.
- FDEU is a diversified, closed-end management investment company that seeks to provide a high level of current income with a secondary focus on capital appreciation.
- AGQI is an actively managed ETF that seeks income with the potential for capital growth over the longer-term.