First Trust closed-end funds rescind control share by-law provisions

FIRST TRUST ENERGY INFRASTRUCTURE FUND

Board of trustees of 14 First Trust closed-end funds rescinded control share by-law effective June 22, 2023.
Previous by-law required non-interested shareholder approval for voting rights on shares acquired in a Control Share Acquisition.
All prior and new share purchases are no longer subject to control share limitations; voting restrictions eliminated.
Funds affected: MFD, FCT, FEN, FFA, FAM, FMY, FGB, FSD, FIF, FEI, FPF, FPL, FDEU, FTHY.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

FIRST TRUST ENERGY INFRASTRUCTURE FUND: Rescinded Article XII (control share provisions) and made conforming amendments to the Amended and Restated By-Laws (effective 2023-06-22).

Change: bylaw amendment
Effective: 2023-06-22

Exact text from the filing

On June 22, 2023, the Board of Trustees of First Trust Energy Infrastructure Fund amended and restated its existing Amended and Restated By-Laws (and as so amended and restated, the “By-Laws”), effective immediately. The By-Laws were revised to rescind Article XII and its accompanying control share provisions, along with other conforming amendments.

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Source: SEC EDGAR

accession 0001445546-23-004071

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