FEP First Trust Europe AlphaDEX Fund

First Trust Advisors L.P. (“FTA”) announces the declaration of distributions for 78 of 98 exchange-traded funds advised by FTA.

The following dates apply to today’s distribution declarations:

Expected Ex-Dividend Date:   March 23, 2016 Record Date: March 28, 2016 Payable Date: March 31, 2016

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Ordinary

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ACTIVELY MANAGED EXCHANGE-TRADED FUNDS

  First Trust Exchange-Traded Fund III FPE NYSE Arca First Trust Preferred Securities and Income ETF Monthly $0.1128 FMB Nasdaq First Trust Managed Municipal ETF Monthly $0.1150 FEMB Nasdaq First Trust Emerging Markets Local Currency Bond ETF Monthly $0.2997 FTLS NYSE Arca First Trust Long/Short Equity ETF Quarterly $0.0708   First Trust Exchange-Traded Fund IV HYLS Nasdaq First Trust Tactical High Yield ETF Monthly $0.2300 FTSL Nasdaq First Trust Senior Loan Fund Monthly $0.1500 FDIV Nasdaq First Trust Strategic Income ETF Monthly $0.1600 FTSM Nasdaq First Trust Enhanced Short Maturity ETF Monthly $0.0450 LMBS Nasdaq First Trust Low Duration Opportunities ETF Monthly $0.1275 FCVT Nasdaq First Trust SSI Strategic Convertible Securities ETF Monthly $0.0300 EMLP NYSE Arca First Trust North American Energy Infrastructure Fund Quarterly $0.2025 PRME NYSE Arca First Trust Heitman Global Prime Real Estate ETF Quarterly $0.0243   First Trust Exchange-Traded Fund VI FTHI Nasdaq First Trust High Income ETF Monthly $0.0800 FTLB Nasdaq First Trust Low Beta Income ETF Monthly $0.0550   INDEX EXCHANGE-TRADED FUNDS   First Trust Exchange-Traded Fund FDM NYSE Arca First Trust Dow Jones Select MicroCap Index Fund Quarterly $0.0654 FDL NYSE Arca First Trust Morningstar Dividend Leaders Index Fund Quarterly $0.1676 FPX NYSE Arca First Trust US IPO Index Fund Quarterly $0.0915 FTCS Nasdaq First Trust Capital Strength ETF Quarterly $0.1692 TUSA Nasdaq First Trust Total US Market AlphaDEX® ETF Quarterly $0.0704 FVD NYSE Arca First Trust Value Line® Dividend Index Fund Quarterly $0.1268 FRI NYSE Arca First Trust S&P REIT Index Fund Quarterly $0.1469 FIW NYSE Arca First Trust ISE Water Index Fund Quarterly $0.0399 FCG NYSE Arca First Trust ISE-Revere Natural Gas Index Fund Quarterly $0.0223 FVL NYSE Arca First Trust Value Line® 100 Exchange-Traded Fund Quarterly $0.0122 QQEW Nasdaq First Trust NASDAQ-100 Equal Weighted Index Fund Quarterly $0.1478 QTEC Nasdaq First Trust NASDAQ-100-Technology Sector Index Fund Quarterly $0.3695 QCLN Nasdaq First Trust NASDAQ® Clean Edge® Green Energy Index Fund Quarterly $0.0410 QABA Nasdaq First Trust NASDAQ® ABA Community Bank Index Fund Quarterly $0.1420 VIXH NYSE Arca First Trust CBOE® S&P 500® VIX® Tail Hedge Fund Quarterly $0.0953 QQXT Nasdaq First Trust NASDAQ-100 Ex-Technology Sector Index Fund Quarterly $0.0225 FNI NYSE Arca First Trust ISE Chindia Index Fund Quarterly $0.0523          

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First Trust Exchange-Traded Fund II

FDD NYSE Arca First Trust STOXX® European Select Dividend Index Fund Quarterly $0.0280 FFR NYSE Arca First Trust FTSE EPRA/NAREIT Developed Markets Real Estate Index Fund Quarterly $0.1579 FGD NYSE Arca First Trust Dow Jones Global Select Dividend Index Fund Quarterly $0.1268 FAN NYSE Arca First Trust ISE Global Wind Energy Index Fund Quarterly $0.0495 FPXI Nasdaq First Trust International IPO ETF Quarterly $0.0903 CARZ Nasdaq First Trust NASDAQ Global Auto Index Fund Quarterly $0.0667 SKYY Nasdaq First Trust ISE Cloud Computing Index Fund Quarterly $0.0264 FTRI Nasdaq First Trust Indxx Global Natural Resources Income ETF Quarterly $0.0133 CIBR Nasdaq First Trust Nasdaq Cybersecurity ETF Quarterly $0.1094   First Trust Exchange-Traded Fund VI MDIV Nasdaq Multi-Asset Diversified Income Index Fund Monthly $0.1109 YDIV Nasdaq International Multi-Asset Diversified Income Index Fund Monthly $0.0227 RDVY Nasdaq First Trust NASDAQ Rising Dividend Achievers ETF Quarterly $0.2045 TDIV Nasdaq First Trust NASDAQ Technology Dividend Index Fund Quarterly $0.2392 QINC Nasdaq First Trust RBA Quality Income ETF Quarterly $0.1149  

First Trust Exchange-Traded AlphaDEX® Fund

FEX NYSE Arca First Trust Large Cap Core AlphaDEX® Fund Quarterly $0.1212 FNX NYSE Arca First Trust Mid Cap Core AlphaDEX® Fund Quarterly $0.1000 FYX NYSE Arca First Trust Small Cap Core AlphaDEX® Fund Quarterly $0.0699 FTA NYSE Arca First Trust Large Cap Value AlphaDEX® Fund Quarterly $0.1420 FTC NYSE Arca First Trust Large Cap Growth AlphaDEX® Fund Quarterly $0.0906 FAB NYSE Arca First Trust Multi Cap Value AlphaDEX® Fund Quarterly $0.1156 FAD NYSE Arca First Trust Multi Cap Growth AlphaDEX® Fund Quarterly $0.0508 FXD NYSE Arca First Trust Consumer Discretionary AlphaDEX® Fund Quarterly $0.0872 FXG NYSE Arca First Trust Consumer Staples AlphaDEX® Fund Quarterly $0.1501 FXN NYSE Arca First Trust Energy AlphaDEX® Fund Quarterly $0.0276 FXO NYSE Arca First Trust Financials AlphaDEX® Fund Quarterly $0.0334 FXZ NYSE Arca First Trust Materials AlphaDEX® Fund Quarterly $0.0856 FXU NYSE Arca First Trust Utilities AlphaDEX® Fund Quarterly $0.1241 FNY NYSE Arca First Trust Mid Cap Growth AlphaDEX® Fund Quarterly $0.0175 FNK NYSE Arca First Trust Mid Cap Value AlphaDEX® Fund Quarterly $0.0787 FYT NYSE Arca First Trust Small Cap Value AlphaDEX® Fund Quarterly $0.0443 FMK NYSE Arca First Trust Mega Cap AlphaDEX® Fund Quarterly $0.0971 FYC NYSE Arca First Trust Small Cap Growth AlphaDEX® Fund Quarterly $0.0044 FXL NYSE Arca First Trust Technology AlphaDEX® Fund Quarterly $0.0937 FXR NYSE Arca First Trust Industrials/Producer Durables AlphaDEX® Fund Quarterly $0.0308  

First Trust Exchange-Traded AlphaDEX® Fund II

FDT Nasdaq First Trust Developed Markets Ex-US AlphaDEX® Fund Quarterly $0.0596 FBZ Nasdaq First Trust Brazil AlphaDEX® Fund Quarterly $0.0113 FEP Nasdaq First Trust Europe AlphaDEX® Fund Quarterly $0.0574          

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Amount

FPA Nasdaq First Trust Asia Pacific Ex-Japan AlphaDEX® Fund Quarterly $0.1469 FCAN Nasdaq First Trust Canada AlphaDEX® Fund Quarterly $0.0287 FAUS NYSE Arca First Trust Australia AlphaDEX® Fund Quarterly $0.3882 FKU Nasdaq First Trust United Kingdom AlphaDEX® Fund Quarterly $0.1549 FHK Nasdaq First Trust Hong Kong AlphaDEX® Fund Quarterly $0.9600 FDTS Nasdaq

First Trust Developed Markets ex-US Small Cap AlphaDEX® Fund

Quarterly $0.0578 FEMS Nasdaq

First Trust Emerging Markets Small Cap AlphaDEX® Fund

Quarterly $0.0167 FGM Nasdaq First Trust Germany AlphaDEX® Fund Quarterly $0.0115 FKO Nasdaq First Trust South Korea AlphaDEX® Fund Quarterly $0.4055 FLN Nasdaq First Trust Latin America AlphaDEX® Fund Quarterly $0.0212  

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 and financial advisory services, with collective assets under management or supervision of approximately $90 billion as of February 29, 2016 through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts.

You should consider the investment objectives, risks, charges and expenses of a Fund before investing. Prospectuses for the Funds contain this and other important information and are available free of charge by calling toll-free at 1-800-621-1675 or visiting www.ftportfolios.com. A prospectus should be read carefully before investing.

Past performance is no assurance of future results. Principal Risk Factors: A Fund’s shares will change in value, and you could lose money by investing in a Fund. An investment in a Fund involves risk similar to those of investing in any fund of equity securities traded on exchanges. The risks of investing in each Fund are spelled out in its prospectus, shareholder report, and other regulatory filings.

A Fund that is concentrated in securities of companies in a certain sector or industry involves additional risks, including limited diversification. A Fund that invests in companies that are domiciled in a certain country or region may be subject to additional risks due to political, economic and social conditions in that country or region. A Fund which invests in foreign securities may be subject to additional risks not associated with domestic securities. Such risks may be heightened in the case of securities of emerging markets countries. An Index ETF seeks investment results that correspond generally to the price and yield of an index. You should anticipate that the value of an Index Fund’s shares will decline, more or less, in correlation with any decline in the value of the index. An Index Fund’s return may not match the return of the index. Unlike a Fund, the indices do not actually hold a portfolio of securities and therefore do not incur the expenses incurred by a Fund.

An actively managed ETF is subject to management risk because it is an actively managed portfolio. In managing such a Fund’s investment portfolio, the portfolio managers will apply investment techniques and risk analyses that may not have the desired result. There can be no guarantee that a Fund will meet its investment objective. Preferred Securities are subject to credit risk, interest rate risk and income risk. Credit Risk may be heightened if a Fund invests in “high yield” or “junk” debt. The First Trust Senior Loan Fund is subject to credit risk, currency risk, high yield securities risk, interest rate risk, prepayment risk and senior loans risk. The First Trust Tactical High Yield ETF is subject to convertible bonds risk, credit risk, distressed securities risk, high yield securities risk, interest rate risk, loans risk, prepayment risk and short sale risk. The First Trust Preferred Securities and Income ETF is subject to financial company risk, high yield securities risk, income risk, preferred securities risk and REIT risk. The First Trust High Income ETF is subject to cash transaction risk, depositary receipts risk, derivatives risk, market risk, new fund risk, diversification risk, and non-U.S. securities risk. The First Trust Low Beta Income ETF is subject to cash transaction risk, depositary receipts risk, derivatives risk, market risk, new fund risk, non-diversification risk and non-U.S. securities risk. The First Trust North American Energy Infrastructure Fund is subject to concentration risk, currency risk, depositary receipts risk, derivatives risk, energy infrastructure company risk, geographic risk, interest rate risk, MLP risk, non-diversification risk, and non-U.S. securities risk. The First Trust Managed Municipal ETF is subject to alternative minimum tax risk, call risk, cash transaction risk, credit risk, high yield securities risk, income risk, municipal lease obligation risk, non-diversification risk, political and economic risk, tax risk, and zero coupon bonds risk. The First Trust Enhanced Short Maturity ETF is subject to risk associated with investing in mortgage-related and other asset back securities, interest rate risk, prepayment risk, credit risk, call risk, cash transaction risk, fixed income securities risk, floating rate loan risk, income risk, investment company risk, new fund risk, non-U.S. securities risk, and volatility risk. The First Trust Strategic Income ETF is subject to covered call risk, credit risk, currency risk, depositary receipts risk, derivatives risk, energy infrastructure companies risk, equity securities risk, financial companies risk, fixed income risk, high yield securities risk, illiquid securities risk, income risk, interest rate risk, investment companies risk, MLP risk, mortgage securities risk, emerging markets risk, preferred securities risk, senior loan risk, and smaller companies risk. The First Trust Low Duration Opportunities ETF is subject to cash transaction risk, counterparty risk, credit risk, high yield securities risk, illiquid securities risk, income risk, interest rate risk, management risk, market risk, mortgage-related investments risk, new fund risk, non-diversification risk, prepayment risk, repurchase agreement risk, short sales risk and U.S. government and agency securities risk. The First Trust Emerging Markets Local Currency Bond ETF is subject to call risk, cash transactions risk, credit risk, currency exchange rate risk, currency risk, derivatives risk, emerging markets risk, global depositary notes risk, high yield securities risk, illiquid securities risk, income risk, interest rate risk, management risk, market risk, new fund risk, non-diversification risk, non-U.S. securities risk and sovereign debt risk. The First Trust Long/Short Equity ETF is subject to cash transactions risk, depositary receipts risk, derivatives risk, equity securities risk, ETF risk, management risk, market risk, non-U.S. securities risk, short sales risk, and small fund risk. The First Trust SSI Strategic Convertible Securities ETF is subject to BDC risk, cash transactions risk, convertible securities risk, credit risk, currency risk, debt securities risk, depositary receipts risk, derivatives risk, equity securities risk, ETNs risk, high yield securities risk, illiquid securities risk, income risk, interest rate risk, management risk, market risk, new fund risk, non-diversification risk, non-U.S. securities risk, preferred securities risk, restricted securities risk, and warrants risk. The First Trust Heitman Global Prime Real Estate ETF is subject to Asia investment risk, concentration risk, currency risk, depositary receipts risk, emerging markets risk, equity securities risk, Europe investment risk, interest rate risk, management risk, market risk, non-diversification risk, non-U.S. securities risk, real estate investment risk, and REIT investment risk.

Investors buying or selling Fund shares on the secondary market may incur brokerage commissions. Investors who sell Fund shares may receive less than the share’s net asset value. Unlike shares of open-end mutual funds, investors are generally not able to purchase Fund shares directly from the Fund and individual shares are not redeemable. However, specified large blocks of shares called “creation units” can be purchased from, or redeemed to, the Fund.

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First Trust Advisors L.P.Press Inquiries: Ryan Issakainen, 630-765-8689Broker Inquiries: Sales Team, 866-848-9727Analyst Inquiries: Stan Ueland, 630-517-7633