Active Dividend (FAV) 8.79 $FAV
First Trust Dividend and Income Fund announces distribution of USD0.16 per share for quarter
M2 - Fri Apr 11, 8:39AM CDT
First Trust Dividend and Income Fund (NYSE:FAV), a diversified, closed-end management investment company, on Friday declared its regular scheduled quarterly distribution of USD0.16 per share.
First Trust Dividend and Income Fund Declares Quarterly Distribution of $0.16 Per Share
Business Wire - Thu Apr 10, 3:50PM CDT
First Trust Dividend and Income Fund (the "Fund"
(NYSE: FAV) today declared its regularly scheduled quarterly distribution payable on April 30, 2014, to shareholders of record as of April 24, 2014. The ex-dividend date is expected to be April 22, 2014. The quarterly distribution information for the Fund appears below.
First Trust Dividend and Income Fund and First Trust Enhanced Equity Income Fund's boards authorise Chartwell Investment Partners as interim investment sub-adviser
M2 - Mon Feb 24, 7:24AM CST
Diversified, closed end management investment companies, First Trust Dividend and Income Fund (NYSE:FAV) and First Trust Enhanced Equity Income Fund (NYSE:FFA) (together, the funds) disclosed on Friday that their boards of trustees authorised the appointment of Chartwell Investment Partners Inc as investment sub-adviser, for the interim.
First Trust Dividend and Income Fund & First Trust Enhanced Equity Income Fund Board Approves Interim and New Investment Sub-Advisory Agreement with Chartwell Investment Partners Inc.
Business Wire - Fri Feb 21, 8:23AM CST
First Trust Dividend and Income Fund (NYSE: FAV) & First Trust Enhanced Equity Income Fund (NYSE: FFA) (each a "Fund" or collectively, the "Funds" each today announced that its Board of Trustees has voted to approve Chartwell Investment Partners Inc. ("Chartwell" as investment sub-advisor to the Funds, following TriState Capital Holdings, Inc. acquisition of substantially all of the assets of Chartwell Investment Partners, L.P., the Funds' current sub-advisor. Each Fund will enter into an interim sub-advisory agreement among the Fund, First Trust Advisors L.P. ("FTA", and Chartwell, as investment sub-advisor, which will be effective on the date of the close of the acquisition.
First Trust Dividend and Income Fund declares increased quarterly distribution of USD0.16 per share
M2 - Fri Jan 10, 5:21AM CST
First Trust Dividend and Income Fund (NYSE:FAV) on Thursday declared a regular scheduled quarterly distribution of USD0.16 per share, increased from the earlier USD0.15 per share.
First Trust Dividend and Income Fund Increases its Quarterly Distribution to $0.16 Per Share
Business Wire - Thu Jan 09, 3:22PM CST
First Trust Dividend and Income Fund (the "Fund" (NYSE: FAV) has increased its regularly scheduled quarterly distribution to $0.16 per share from $0.15 per share. The distribution will be payable on January 31, 2014 to shareholders of record as of January 24, 2014. The ex-dividend date is expected to be January 22, 2014. The quarterly distribution information for the Fund appears below.
First Trust Advisors Announces Proposed Change of Control of Chartwell Investment Partners L.P., Investment Sub-Advisor to First Trust Dividend and Income Fund and First Trust Enhanced Equity Income Fund
Business Wire - Wed Jan 08, 7:56AM CST
First Trust Advisors L.P. ("FTA" announced today that Chartwell Investment Partners L.P. ("Chartwell", investment sub-advisor to First Trust Dividend and Income Fund and First Trust Enhanced Equity Income Fund (the "Funds", advised the Funds that Chartwell has entered into a definitive asset-purchase agreement with TriState Capital Holdings, Inc. ("TriState" (NYSE: TSC) whereby TriState will acquire substantially all of the assets of Chartwell (the "Transaction". The Transaction is expected to close in the first quarter of 2014, subject to regulatory requirements, obtaining certain Chartwell-client consents and other customary closing conditions. The consummation of the Transaction may be deemed to be an "assignment" (as defined in the Investment Company Act of 1940, as amended) of the sub-advisory agreements between each Fund, FTA and Chartwell, which would result in the automatic termination of such agreements. The Board of Trustees of each Fund will meet at a Special Meeting to be held on January 22, 2014, to consider the impact of the Transaction on the Funds and it is expected that the Board will consider interim sub-advisory agreements for each Fund with FTA and Chartwell which would be entered into effective upon the closing of the Transaction and would be in effect for a maximum period of 150 days. It is anticipated that new investment sub-advisory agreements would be submitted to shareholders of each Fund for approval and would take effect upon such shareholder approval. The interim agreements and the new agreements would be substantially similar to each Fund's current agreements. The Transaction is not expected to impact the day-to-day operations of the Funds, and the portfolio managers of the Funds would remain the same. In the event that the Board takes the actions outlined above, a special shareholder meeting of each Fund to vote on a proposal to approve the new investment sub-advisory agreements is expected to be held later this year. There can be no assurance that the necessary percentage of the shareholders of the Funds will vote to approve the new investment sub-advisory agreements.
First Trust Dividend and Income Fund Shareholders Approve New Investment Sub-Advisory Agreement with Chartwell Investment Partners, L.P.
Business Wire - Mon Sep 16, 4:05PM CDT
First Trust Dividend and Income Fund (NYSE: FAV) (the "Fund", which until July 1, 2013 was known as First Trust Active Dividend Income Fund, announced today that shareholders of the Fund have voted to approve a new investment sub-advisory agreement ("New Agreement" with Chartwell Investment Partners, L.P. ("Chartwell". On June 10, 2013, the Fund's Board of Trustees ("Board" approved an interim investment sub-advisory agreement with Chartwell, which the Fund entered into effective July 1, 2013. The interim investment sub-advisory agreement provided that Chartwell would serve as the Fund's sub-advisor for a maximum period of 150 days or until shareholders approved the New Agreement, whichever occurred first. The New Agreement with Chartwell was submitted to shareholders of the Fund and took effect upon shareholder approval today.
First Trust Dividend and Income Fund (formerly known as First Trust Active Dividend Income Fund) Declares Quarterly Distribution of $0.15 Per Share
Business Wire - Thu Jul 11, 3:17PM CDT
First Trust Dividend and Income Fund (formerly known as First Trust Active Dividend Income Fund) (the "Fund" (NYSE: FAV) today declared its regularly scheduled quarterly distribution payable on July 31, 2013, to shareholders of record as of July 24, 2013. The ex-dividend date is expected to be July 22, 2013. The quarterly distribution information for the Fund appears below.
First Trust reveals Chartwell Investment Partners as new investment sub-advisor for First Trust Active Dividend Income Fund
M2 - Tue Jun 11, 7:33AM CDT
Investment advisor, First Trust Advisors LP (FTA) disclosed on Monday that the board of trustees of First Trust Active Dividend Income Fund (NYSE:FAV), a diversified, closed-end management investment company, approved Chartwell Investment Partners LP as investment sub-advisor to the fund.
First Trust Announces New Investment Sub-Advisor for FAV
Business Wire - Mon Jun 10, 3:34PM CDT
First Trust Advisors L.P. ("FTA" announced today that the Board of Trustees ("Board" of First Trust Active Dividend Income Fund (NYSE: FAV) voted to approve Chartwell Investment Partners, L.P. ("Chartwell" as investment sub-advisor to the Fund, replacing Aviance Capital Management, LLC. Chartwell will begin serving as investment sub-advisor to the Fund pursuant to an interim sub-advisory agreement among the Fund, FTA and Chartwell effective July 1, 2013. The interim sub-advisory agreement will remain in effect for a maximum term of 150 days or, if earlier, until a new sub-advisory agreement with Chartwell is approved by the shareholders of the Fund. A special meeting of FAV shareholders to vote on a proposal to approve a new sub-advisory agreement with Chartwell is expected to be scheduled for September 16, 2013. Any solicitation of proxies by FAV in connection with this shareholder meeting will only be made pursua
First Trust Active Dividend Income Fund announces lower quarterly distribution of USD0.15 per share
M2 - Fri Apr 12, 7:18AM CDT
First Trust Active Dividend Income Fund (NYSE:FAV), a diversified, closed-end management investment company, on Thursday released its regular scheduled distribution of USD0.15 per share for the quarter, reduced from the earlier distribution.
First Trust Active Dividend Income Fund Decreases Its Quarterly Distribution to $0.15 Per Share
Business Wire - Thu Apr 11, 3:28PM CDT
First Trust Active Dividend Income Fund (the "Fund" (NYSE: FAV) has decreased its regularly scheduled quarterly distribution to $0.15 per share from $0.18 per share. The distribution will be payable on April 30, 2013 to shareholders of record as of April 24, 2013. The ex-dividend date is expected to be April 22, 2013. The quarterly distribution information for the Fund appears below.
First Trust Active Dividend Income Fund announces distribution of USD0.18 per share for quarter
M2 - Fri Jan 11, 8:40AM CST
First Trust Active Dividend Income Fund (NYSE:FAV), a diversified, closed-end management investment company, announced on Thursday its regularly scheduled quarterly distribution of USD0.18 per share.
First Trust Active Dividend Income Fund Declares its Quarterly Distribution of $0.18 Per Share
Business Wire - Thu Jan 10, 3:22PM CST
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 Dividend and Income Fund announces distribution of USD0.16 per share for quarter
M2 - Fri Apr 11, 8:39AM CDT
First Trust Dividend and Income Fund (NYSE:FAV), a diversified, closed-end management investment company, on Friday declared its regular scheduled quarterly distribution of USD0.16 per share.
First Trust Dividend and Income Fund Declares Quarterly Distribution of $0.16 Per Share
Business Wire - Thu Apr 10, 3:50PM CDT
First Trust Dividend and Income Fund (the "Fund"
(NYSE: FAV) today declared its regularly scheduled quarterly distribution payable on April 30, 2014, to shareholders of record as of April 24, 2014. The ex-dividend date is expected to be April 22, 2014. The quarterly distribution information for the Fund appears below. First Trust Dividend and Income Fund and First Trust Enhanced Equity Income Fund's boards authorise Chartwell Investment Partners as interim investment sub-adviser
M2 - Mon Feb 24, 7:24AM CST
Diversified, closed end management investment companies, First Trust Dividend and Income Fund (NYSE:FAV) and First Trust Enhanced Equity Income Fund (NYSE:FFA) (together, the funds) disclosed on Friday that their boards of trustees authorised the appointment of Chartwell Investment Partners Inc as investment sub-adviser, for the interim.
First Trust Dividend and Income Fund & First Trust Enhanced Equity Income Fund Board Approves Interim and New Investment Sub-Advisory Agreement with Chartwell Investment Partners Inc.
Business Wire - Fri Feb 21, 8:23AM CST
First Trust Dividend and Income Fund (NYSE: FAV) & First Trust Enhanced Equity Income Fund (NYSE: FFA) (each a "Fund" or collectively, the "Funds"
each today announced that its Board of Trustees has voted to approve Chartwell Investment Partners Inc. ("Chartwell" as investment sub-advisor to the Funds, following TriState Capital Holdings, Inc. acquisition of substantially all of the assets of Chartwell Investment Partners, L.P., the Funds' current sub-advisor. Each Fund will enter into an interim sub-advisory agreement among the Fund, First Trust Advisors L.P. ("FTA", and Chartwell, as investment sub-advisor, which will be effective on the date of the close of the acquisition. First Trust Dividend and Income Fund declares increased quarterly distribution of USD0.16 per share
M2 - Fri Jan 10, 5:21AM CST
First Trust Dividend and Income Fund (NYSE:FAV) on Thursday declared a regular scheduled quarterly distribution of USD0.16 per share, increased from the earlier USD0.15 per share.
First Trust Dividend and Income Fund Increases its Quarterly Distribution to $0.16 Per Share
Business Wire - Thu Jan 09, 3:22PM CST
First Trust Dividend and Income Fund (the "Fund"
(NYSE: FAV) has increased its regularly scheduled quarterly distribution to $0.16 per share from $0.15 per share. The distribution will be payable on January 31, 2014 to shareholders of record as of January 24, 2014. The ex-dividend date is expected to be January 22, 2014. The quarterly distribution information for the Fund appears below. First Trust Advisors Announces Proposed Change of Control of Chartwell Investment Partners L.P., Investment Sub-Advisor to First Trust Dividend and Income Fund and First Trust Enhanced Equity Income Fund
Business Wire - Wed Jan 08, 7:56AM CST
First Trust Advisors L.P. ("FTA"
announced today that Chartwell Investment Partners L.P. ("Chartwell", investment sub-advisor to First Trust Dividend and Income Fund and First Trust Enhanced Equity Income Fund (the "Funds", advised the Funds that Chartwell has entered into a definitive asset-purchase agreement with TriState Capital Holdings, Inc. ("TriState" (NYSE: TSC) whereby TriState will acquire substantially all of the assets of Chartwell (the "Transaction". The Transaction is expected to close in the first quarter of 2014, subject to regulatory requirements, obtaining certain Chartwell-client consents and other customary closing conditions. The consummation of the Transaction may be deemed to be an "assignment" (as defined in the Investment Company Act of 1940, as amended) of the sub-advisory agreements between each Fund, FTA and Chartwell, which would result in the automatic termination of such agreements. The Board of Trustees of each Fund will meet at a Special Meeting to be held on January 22, 2014, to consider the impact of the Transaction on the Funds and it is expected that the Board will consider interim sub-advisory agreements for each Fund with FTA and Chartwell which would be entered into effective upon the closing of the Transaction and would be in effect for a maximum period of 150 days. It is anticipated that new investment sub-advisory agreements would be submitted to shareholders of each Fund for approval and would take effect upon such shareholder approval. The interim agreements and the new agreements would be substantially similar to each Fund's current agreements. The Transaction is not expected to impact the day-to-day operations of the Funds, and the portfolio managers of the Funds would remain the same. In the event that the Board takes the actions outlined above, a special shareholder meeting of each Fund to vote on a proposal to approve the new investment sub-advisory agreements is expected to be held later this year. There can be no assurance that the necessary percentage of the shareholders of the Funds will vote to approve the new investment sub-advisory agreements. First Trust Dividend and Income Fund Shareholders Approve New Investment Sub-Advisory Agreement with Chartwell Investment Partners, L.P.
Business Wire - Mon Sep 16, 4:05PM CDT
First Trust Dividend and Income Fund (NYSE: FAV) (the "Fund"
, which until July 1, 2013 was known as First Trust Active Dividend Income Fund, announced today that shareholders of the Fund have voted to approve a new investment sub-advisory agreement ("New Agreement" with Chartwell Investment Partners, L.P. ("Chartwell". On June 10, 2013, the Fund's Board of Trustees ("Board" approved an interim investment sub-advisory agreement with Chartwell, which the Fund entered into effective July 1, 2013. The interim investment sub-advisory agreement provided that Chartwell would serve as the Fund's sub-advisor for a maximum period of 150 days or until shareholders approved the New Agreement, whichever occurred first. The New Agreement with Chartwell was submitted to shareholders of the Fund and took effect upon shareholder approval today. First Trust Dividend and Income Fund (formerly known as First Trust Active Dividend Income Fund) Declares Quarterly Distribution of $0.15 Per Share
Business Wire - Thu Jul 11, 3:17PM CDT
First Trust Dividend and Income Fund (formerly known as First Trust Active Dividend Income Fund) (the "Fund"
(NYSE: FAV) today declared its regularly scheduled quarterly distribution payable on July 31, 2013, to shareholders of record as of July 24, 2013. The ex-dividend date is expected to be July 22, 2013. The quarterly distribution information for the Fund appears below. First Trust reveals Chartwell Investment Partners as new investment sub-advisor for First Trust Active Dividend Income Fund
M2 - Tue Jun 11, 7:33AM CDT
Investment advisor, First Trust Advisors LP (FTA) disclosed on Monday that the board of trustees of First Trust Active Dividend Income Fund (NYSE:FAV), a diversified, closed-end management investment company, approved Chartwell Investment Partners LP as investment sub-advisor to the fund.
First Trust Announces New Investment Sub-Advisor for FAV
Business Wire - Mon Jun 10, 3:34PM CDT
First Trust Advisors L.P. ("FTA"
announced today that the Board of Trustees ("Board" of First Trust Active Dividend Income Fund (NYSE: FAV) voted to approve Chartwell Investment Partners, L.P. ("Chartwell" as investment sub-advisor to the Fund, replacing Aviance Capital Management, LLC. Chartwell will begin serving as investment sub-advisor to the Fund pursuant to an interim sub-advisory agreement among the Fund, FTA and Chartwell effective July 1, 2013. The interim sub-advisory agreement will remain in effect for a maximum term of 150 days or, if earlier, until a new sub-advisory agreement with Chartwell is approved by the shareholders of the Fund. A special meeting of FAV shareholders to vote on a proposal to approve a new sub-advisory agreement with Chartwell is expected to be scheduled for September 16, 2013. Any solicitation of proxies by FAV in connection with this shareholder meeting will only be made pursua First Trust Active Dividend Income Fund announces lower quarterly distribution of USD0.15 per share
M2 - Fri Apr 12, 7:18AM CDT
First Trust Active Dividend Income Fund (NYSE:FAV), a diversified, closed-end management investment company, on Thursday released its regular scheduled distribution of USD0.15 per share for the quarter, reduced from the earlier distribution.
First Trust Active Dividend Income Fund Decreases Its Quarterly Distribution to $0.15 Per Share
Business Wire - Thu Apr 11, 3:28PM CDT
First Trust Active Dividend Income Fund (the "Fund"
(NYSE: FAV) has decreased its regularly scheduled quarterly distribution to $0.15 per share from $0.18 per share. The distribution will be payable on April 30, 2013 to shareholders of record as of April 24, 2013. The ex-dividend date is expected to be April 22, 2013. The quarterly distribution information for the Fund appears below. First Trust Active Dividend Income Fund announces distribution of USD0.18 per share for quarter
M2 - Fri Jan 11, 8:40AM CST
First Trust Active Dividend Income Fund (NYSE:FAV), a diversified, closed-end management investment company, announced on Thursday its regularly scheduled quarterly distribution of USD0.18 per share.
First Trust Active Dividend Income Fund Declares its Quarterly Distribution of $0.18 Per Share
Business Wire - Thu Jan 10, 3:22PM CST
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. 
