First Trust Energy Infrastructure Fund (the "Fund") (NYSE: FIF) has declared the Fund’s regularly scheduled monthly common share distribution payable on April 16, 2012 to shareholders of record as of April 4, 2012. The ex-dividend date is expected to be April 2, 2012. The monthly distribution information for the Fund appears below.
First Trust Energy Infrastructure Fund (FIF):
|Distribution per share:||$0.1085|
|Distribution Rate based on the March 19, 2012 NAV of $22.71:||5.73%|
|Distribution Rate based on the March 19, 2012 closing market price of $21.86:||5.96%|
It is anticipated that, due to the tax treatment of cash distributions made by master limited partnerships (“MLPs”) in which the Fund invests, a portion of distributions the Fund makes to Common Shareholders may consist of a tax-deferred return of capital. The final determination of the source of tax status of all 2012 distributions will be made after the end of 2012.
The Fund is a non-diversified, closed-end management investment company that seeks to provide a high level of total return with an emphasis on current distributions paid to shareholders. The Fund seeks to achieve its investment objectives by investing primarily in securities of companies engaged in the energy infrastructure sector. These companies principally include publicly-traded MLPs and limited liability companies taxed as partnerships, MLP affiliates, Canadian income trusts and their successor companies, pipeline companies, utilities, and other companies that derive at least 50% of their revenues from operating or providing services in support of infrastructure assets such as pipelines, power transmission and petroleum and natural gas storage in the petroleum, natural gas and power generation industries.