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First Trust and Energy Income Fund Increases Its Monthly Common Share Distribution

February 26, 2014

First Trust MLP and Energy Income Fund has increased its regularly scheduled monthly common share distribution to $0.1117 per share from $0.11 per share.

According to a release, the distribution will be payable on March 17, to shareholders of record as of March 5. The ex-dividend date is expected to be March 3. The monthly distribution information for the Fund appears below.

First Trust MLP and Energy Income Fund (FEI): Distribution per share: $0.1117 Distribution Rate based on the February 19, NAV of $21.01: 6.38 percent Distribution Rate based on the February 19, closing market price of $19.22: 6.97 percent Increase from previous distribution of $0.11: 1.55 percent

It is anticipated that, due to the tax treatment of cash distributions made by master limited partnerships (MLPs) in which the Fund invests, a significant portion of distributions the Fund makes to Common Shareholders may consist of a tax-deferred return of capital. The final determination of the source and tax status of all distributions paid in 2014 will be made after the end of 2014.

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