First Trust Announces Shareholder Approvals of the Mergers
As previously announced, the mergers were approved by the Boards of Trustees of the Target Funds and EIPI on October 23, 2023.
- As previously announced, the mergers were approved by the Boards of Trustees of the Target Funds and EIPI on October 23, 2023.
- No assurance can be given as to the exact timing of the closing of the mergers.
- The merger of each Target Fund into EIPI is expected to qualify as a tax-free reorganization for federal income tax purposes.
- 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.