First Trust Advisors L.P. Announces Share Repurchase Programs for Certain Closed-End Funds

First Trust Advisors L.P. is pleased to announce that the Board of Trustees of each of First Trust High Income Long/Short Fund (NYSE: FSD), First Trust/Aberdeen Emerging Opportunity Fund (NYSE: FEO) and First Trust Strategic High Income Fund II (NYSE: FHY) has authorized the continuation of each fund’s share repurchase program until the earlier of (i) the repurchase of the remaining amount of each fund’s shares available for repurchase pursuant to its share repurchase program, as listed below or (ii) March 15, 2017. On September 15, 2015, each fund was authorized to repurchase up to 5% of such fund’s common shares outstanding from time to time and at the direction of management personnel, in secondary market transactions in accordance with applicable law.

Fund

Number of Shares Available
for Repurchase as of
September 15, 2015

Number of Shares
Repurchased as of
September 11, 2016

Number of Shares Available
for Repurchase from
September 15, 2016 through
March 15, 2017

FSD 1,802,808 783,552 1,019,256
FEO 266,389 76,216 190,173
FHY 422,943 198,406 224,537

In addition, First Trust Advisors L.P. is pleased to announce that the Board of Trustees of each of First Trust Enhanced Equity Income Fund (NYSE: FFA), Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (NYSE: MFD), First Trust/Aberdeen Global Opportunity Income Fund (NYSE: FAM) and First Trust Energy Infrastructure Fund (NYSE: FIF) has adopted a Share Repurchase Program. Pursuant to each Fund’s Share Repurchase Program, each fund, may, from time to time and at the direction of management personnel, repurchase up to 5% of such fund’s outstanding common shares in secondary market transactions in accordance with applicable law. Each fund’s share repurchase program will continue until the earlier of (i) the repurchase of 5% of each fund’s current outstanding common shares, or (ii) March 15, 2017.

Each fund’s repurchase activity will be disclosed in its shareholder report for the relevant fiscal period. There is no assurance that any fund will purchase shares at any specific levels or in any specific amounts.

The risks of investing in each fund are spelled out in its respective shareholder reports, and other regulatory filings. Each fund’s daily closing price and net asset value per share as well as other information can be found at www.ftportfolios.com or by calling (800) 988-5891.

First Trust Advisors L.P., each 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 $99 billion as of August 31, 2016, through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts.

This press release does not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction.

Contacts:

First Trust Advisors L.P.
Press Inquiries: Jane Doyle, 630-765-8775
Analyst Inquiries: Jeff Margolin, 630-765-7643
Broker Inquiries: Jeff Margolin, 630-765-7643

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