First Trust Active Dividend Income Fund (the "Fund") (NYSE: FAV) has declared its regularly scheduled quarterly distribution payable on January 31, 2013 to shareholders of record as of January 24, 2013. The ex-dividend date is expected to be January 22, 2013. The quarterly distribution information for the Fund appears below.
|First Trust Active Dividend Income Fund (FAV):|
|Distribution per share:||$0.18|
|Distribution Rate based on the January 9, 2013 NAV of $8.79:||8.19%|
|Distribution Rate based on the January 9, 2013 closing market price of $7.95:||9.06%|
First Trust Advisors L.P., the Fund’s investment advisor, along with its affiliate First Trust Portfolios L.P., are privately-held companies which provide a variety of investment services, including asset management and financial advisory services, with collective assets under management or supervision of approximately $63 billion as of December 31, 2012 through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts.Aviance Capital Management, LLC, (“Aviance”), the Fund’s investment sub-advisor, focuses on managing multi-cap value and growth portfolios. Past performance is no assurance of future results. Investment return and market value of an investment in the Fund will fluctuate. Shares, when sold, may be worth more or less than their original cost. Principal Risk Factors: Investment in this Fund involves investment and market risk; management risk; sub-advisor risk; value investing risk; dividend strategy risk; qualified dividend tax risk; equity securities risk; small and medium cap company risk; non-U.S. securities risk; and emerging markets risk. By writing call options on equity securities held, the capital appreciation potential of the equity securities is limited; however, the potential for capital depreciation is unlimited. The risks of investing in the Fund are spelled out in the prospectus, shareholder report and other regulatory filings. The Fund’s daily closing New York Stock Exchange price and net asset value per share as well as other information can be found at www.ftportfolios.com or by calling 1-800-988-5891.