Quarterly distribution of the First Trust Active Dividend Income Fund is payable on 30 January 2009 to shareholders of record as of 31 December 2008. The ex-dividend date is expected to be 29 December 2008.
First Trust Active Dividend Income Fund (FAV):
Distribution per share:
$0.46
Distribution Rate based on 19 December 2008 NAV of $10.49: 17.54%
Distribution Rate based on 19 December 2008 closing market price of $8.73: 21.08%
The majority, and possibly all, of this distribution will be paid out of net investment income earned by the Fund. A portion of this distribution may come from net short-term realized capital gains or return of capital. The final determination of the source and tax status of all 2008 distributions will be made after the end of 2008.
L.D.