Energy Income and Growth Fund Declares Quarterly Distribution of $0.44 Per Share

• Press Release
• Source: Energy Income and Growth Fund
• On 4:35 pm EDT, Monday October 12, 2009

WHEATON, Ill.--(BUSINESS WIRE)--Energy Income and Growth Fund (the “Fund”) (NYSE Amex: FEN) has declared its regularly scheduled quarterly distribution, payable on October 30, 2009 to shareholders of record as of October 23, 2009. The ex-dividend date is expected to be October 21, 2009. The quarterly distribution information for the Fund appears below:

Related Quotes

Symbol	Price	Change
FEN	22.00	-0.11

{"s" : "fen","k" : "c10,l10,p20,t10","o" : "","j" : ""}

The final determination of the source and tax status of all distributions paid in 2009 will be made after the end of 2009.

The Fund is a non-diversified, closed-end management investment company that seeks a high level of after-tax total return with an emphasis on current distributions paid to shareholders. The Fund focuses on investing in publicly-traded master limited partnerships (“MLPs”) and related public entities in the energy sector which the Fund’s investment sub-advisor believes offer opportunities for income and growth.

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, financial advisory services, and municipal and corporate investment banking, with collective assets under management or supervision of over $24 billion as of September 30, 2009 through closed-end funds, unit investment trusts, mutual funds, separate managed accounts and exchange-traded funds.

Energy Income Partners, LLC (“EIP”) serves as the Fund’s investment sub-advisor and provides advisory services to a number of investment companies and partnerships for the purpose of investing in MLPs and other energy infrastructure securities. EIP is one of the early investment advisors specializing in this area. As of September 30, 2009, EIP managed or supervised approximately $306 million in client assets.

Past performance is no assurance of future results. Investment return and principal 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: This closed-end fund invests in a portfolio consisting primarily of securities issued by MLPs. Investment in the Fund involves risks of fluctuations in energy prices, decreases in the supply of or demand for energy commodities, increased government regulation, national disasters and various other risks. The use of leverage for investment purposes increases both investment opportunity and investment risk. The risks of investing in the Fund are spelled out in the prospectus, shareholder report and other regulatory filings.

The Fund’s daily NYSE Amex closing price and daily net asset value per share as well as other information are available at www.ftportfolios.com or by calling 1-800-988-5891.

Energy Income and Growth Fund
Press Inquiries:
Jane Doyle, 630-765-8775
Analyst Inquiries:
Jeff Margolin, 630-915-6784
Broker Inquiries:
Jeff Margolin, 630-915-6784