Dubai, April 09, 2020 -- Moody's Investors Service, ("Moody's") has downgraded the corporate family rating of Fortress REIT Limited (Fortress) to Ba2 from Ba1 and has affirmed the Not Prime short-term issuer rating. Concurrently, Moody's has downgraded the long term CFR national scale rating to A1.za from Aa3.za, and has affirmed the short-term national scale issuer rating of Prime-1.za. The downgrade reflects Moody's view that Fortress continues to manage its liquidity in a way that it is overly reliant on the refinancing of existing debt as it comes due.

Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (NYSE: MFD), First Trust Energy Income and Growth Fund (NYSE American: FEN), First Trust Enhanced Equity Income Fund (NYSE: FFA), First Trust Mortgage Income Fund (NYSE: FMY), First Trust/Aberdeen Emerging Opportunity Fund (NYSE: FEO), First Trust Specialty Finance and Financial Opportunities Fund (NYSE: FGB), First Trust Energy Infrastructure Fund (NYSE: FIF), First Trust MLP and Energy Income Fund (NYSE: FEI), First Trust Intermediate Duration Preferred & Income Fund (NYSE: FPF), First Trust New Opportunities MLP & Energy Fund (NYSE: FPL) and First Trust Dynamic Europe Equity Income Fund (NYSE: FDEU) (each a "Fund" and collectively the "Funds") announced today that the Joint Annual Meetings of Shareholders of the Funds to be held on Wednesday, April 22, 2020, at 12:00 noon Central Time (collectively, the "Annual Meeting") will be held exclusively in a telephonic format (a "telephonic meeting"). The Annual Meeting will be held exclusively as a telephonic meeting due to the public health and safety concerns related to the coronavirus (COVID-19) pandemic, recommendations from the federal government, and the shelter in place order from the Governor of the State of Illinois. Shareholders will not be able to attend the Annual Meeting in person.

First Trust Enhanced Equity Income Fund (the "Fund") (NYSE: FFA) has declared the Fund's regularly scheduled quarterly distribution of $0.285 per share. The distribution will be payable on March 31, 2020, to shareholders of record as of March 23, 2020. The ex-dividend date is expected to be March 20, 2020. The quarterly distribution information for the Fund appears below.

The Board of Trustees of First Trust Enhanced Equity Income Fund (the "Fund") (NYSE: FFA), CUSIP 337318109, previously approved a managed distribution policy for the Fund (the "Managed Distribution Plan") in reliance on exemptive relief received from the Securities and Exchange Commission which permits the Fund to make periodic distributions of long-term capital gains more frequently than otherwise permitted with respect to its common shares subject to certain conditions.

Dubai, June 29, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Fortress REIT Limited and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.