Increases Its Quarterly Distribution for October
First Trust Advisors, LP
Lisle, IL, October 6, 2006 – Energy Income and Growth Fund (the “Fund”) (AMEX: FEN)has
declared its regularly scheduled quarterly distribution, payable on October 31, 2006 to shareholders of
record on October 18, 2006. The ex-dividend date is expected to be October 16, 2006. The monthly
distribution information for the Fund appears below:
| Energy Income and Growth Fund (FEN) |
| Distribution per share |
$0.355 |
Distribution Rate based on the September 29, 2006
NAV of $24.05 |
5.90%
|
Distribution Rate based on the October 5, 2006
closing market price of $21.95 |
6.47% |
| Increase from the previous distribution of $0.345 |
2.90% |
We anticipate a majority of the distribution will constitute a return of capital. The final determination of
the source and tax status of all distributions paid in 2006 will be made after the end of 2006.
The Fund is a non-diversified, closed-end management investment company whose shares began
trading on the American Stock Exchange on June 25, 2004. The investment objective of the Fund is to
seek a high level of after-tax total return with an emphasis on current distributions paid to
shareholders. The Fund focuses on investing in publicly traded master limited partnerships and
related public entities in the energy sector which the Fund’s sub-adviser believes offer opportunities for
income and growth.
First Trust Advisors L.P. serves as the Fund’s investment adviser and currently manages or supervises
approximately $26 billion in assets.
Fiduciary Asset Management, LLC serves as the Fund’s sub-adviser and manages a wide range of
institutional equity, covered call, and fixed income products, including a pioneering role in the
management of MLP assets. Fiduciary Asset Management currently manages and supervises
approximately $16.6 billion in client assets.
View more information on First Trust Advisors, LP or other Closed-End Funds.
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