Eagle Growth and Income Opportunities Fund (the "Fund") (NYSE:EGIF) today announced the declaration of its monthly distribution of $0.083 per common share, payable November 30, 2016. Based on the Fund's current share price of $15.88 as of its close on November 3, 2016, the distribution represents an annualized yield of 6.27%. Information regarding the distribution rate is included for informational purposes only and is not necessarily indicative of future results, the achievement of which cannot be assured. The distribution rate should not be considered the yield or total return on an investment in the Fund. The following dates apply to this distribution: Ex-Dividend Date: November 15, 2016Record Date: November 17, 2016Payable Date: November 30, 2016 A portion of each distribution may be treated as paid from sources other than undistributed net investment income, including but not limited to short-term capital gain, long-term capital gain or return of capital. As required by Section 19(a) of the Investment Company Act of 1940, a notice will be distributed to the Fund's stockholders in the event that a portion of a monthly distribution is derived from sources other than undistributed net investment income. In January or February of each year, investors will be sent a Form 1099-DIV for the previous calendar year that will define how to report these distributions for federal income tax purposes. The Fund today also announced that it will hold an investor call on Wednesday, December 7, 2016 at 4:00 pm ET to discuss its business outlook. James C. Camp, Managing Director and Portfolio Co-Manager of Eagle Asset Management, Inc., the Fund's subadvisor, and Steven Baffico, CEO of Four Wood Capital Advisors LLC, the Fund's investment advisor, will host the call. The conference call can be accessed by dialing 877-845-8992, conference ID 14291705. A replay of the live broadcast will be available by dialing 855-859-2056, conference ID 14291705 through January 6, 2017 at 5:00 pm ET.