First Trust Energy Infrastructure Fund Issues Notice Regarding January 2023 Distribution

Wheaton, IL–(business wire)– The Board of Trustees of First Trust Energy Infrastructure Fund (“Fund”) (NYSE: FIF), CUSIP 33738C103, has previously approved a management distribution policy (“Management Distribution Plan”) for funds that rely on exempt relief. bottom. It was received from the Securities and Exchange Commission that allows the fund to make periodic distributions of long-term capital gains monthly during each tax year.

The Fund has declared that it will pay distributions on January 17, 2023 to shareholders of record as of January 4, 2023. The ex-dividend date is January 3, 2023. This notice is intended to provide information regarding the funding sources of the Fund. Distribution. No conclusions should be drawn about the Fund’s investment performance from its distribution amount or the terms of its managed distribution plan.

The table below presents current distributions from the following sources and estimates of cumulative distributions paid from the current fiscal year to date. net realized short-term capital gains (“STCG”); net realized long-term capital gains (“LTCG”); and return of capital (“ROC”). These estimates are based on information as of December 31, 2022, are calculated under generally accepted accounting principles (“GAAP”) and include undistributed net investment income at the end of the prior fiscal year. is included. Distribution amounts and sources are expressed per share of common stock.

(1) Includes the most recent monthly distribution paid on January 17, 2023.

(2) The Fund estimates it has distributed more than earnings and net realized capital gains. Therefore, part of the distribution may be a return on capital. For example, principal may be returned when some or all of the funds you have invested in the Fund are returned to you. Capital distribution returns do not necessarily reflect the Fund’s investment performance and should not be confused with “yield” or “income”.

(3) Based on net asset value (“NAV”) as of December 31, 2022.

(4) Total return expires December 31, 2022.

(5) The Fund will ensure that due to the tax treatment of cash distributions made by the master limited partnership in which the Fund invests, a portion of the distributions made by the Fund to common stockholders will consist of deferred repayments of after-tax capital. We anticipate that there is a possibility that

The distribution amounts and sources reported in this notice are estimates and are not provided for tax reporting purposes. The actual amount and source of the amount for tax reporting purposes will depend on the Fund’s investment experience during the remainder of the financial year and is subject to change based on tax laws. The Foundation will send you a calendar year Form 1099-DIV with instructions on how to report these distributions for federal income tax purposes. Do not use this notice as a substitute for Form 1099-DIV.

First Trust Advisors LP (“FTA”) is a federally registered investment advisor and acts as investment advisor to the Fund. FTA and its affiliate, First Trust Portfolios LP (“FTP”), are FINRA registered broker-dealers and privately held companies that offer a variety of investment services. As of December 31, 2022, the FTA manages or oversees approximately $190 billion in collective assets through unit funds, exchange-traded funds, closed-end funds, mutual funds and separately managed accounts. FTA is the supervisor of First Trust’s unit mutual funds and FTP is the sponsor. FTP is also a distributor of mutual fund equity and exchange-traded fund origination units. FTA and FTP are based in Wheaton, Illinois.

Energy Income Partners, LLC (“EIP”) acts as an investment sub-advisor to the Fund and provides advisory services to a number of investment firms and partnerships for the purpose of investing in MLPs and other energy infrastructure securities. EIP was one of the first investment advisors to specialize in this area. As of December 31, 2022, EIP manages or oversees approximately $5.2 billion of client assets.

Main risk factors: Risk is inherent in all investments. Specific risks applicable to the Fund are set out below. It includes the risk of losing some or all of your investment in the Fund. The main risks of investing in the Fund are described in the Fund’s Annual Shareholders’ Statement. The order of risk factors below does not indicate the importance of any particular risk factor. The Foundation also files reports, proxy statements, and other information available for review.

Past performance is no guarantee of future results. The return on investment and market value of investments in the Fund will fluctuate. Stocks sold may be worth more or less than their original price. There is no assurance that the Fund’s investment objective will be achieved. Funds may not be suitable for all investors.

The Fund is subject to risks, including the fact that it is a closed-end investment company that is not diversified.

Securities held by the Fund and the shares of the Fund itself are subject to market fluctuations caused by factors such as general economic conditions, political events, regulatory or market developments, changes in interest rates and perceived trends in the prices of securities. Affected. Stocks in the Fund may decline in value or underperform other investments as a result of the risk of loss associated with these market movements. In addition, local, regional or global events such as wars, acts of terrorism, epidemics or other public health problems, recessions or other events could have a material adverse effect on the Fund and its investments. I have. Such events may impact certain geographic regions, countries, sectors and industries more than others. In February 2022, Russia will invade Ukraine, causing and likely to cause significant market disruption and volatility in Russian, European and US markets. Hostilities and sanctions resulting from those hostilities can have a material impact on investment in and performance of certain funds. The COVID-19 pandemic and subsequent government and central bank policies have brought, and may continue to bring, significant volatility and uncertainty to global financial markets. The US has “reasonably” resumed normal business activities, but many countries continue to impose lockdown measures. Furthermore, there is no guarantee that vaccines will be effective against new variants of the disease.

Due to the Fund’s concentration in securities issued by energy infrastructure companies, any economic or regulatory impact on the industry, such as high interest costs, high leverage costs, the impact of a slowing economy, excess capacity, increased competition and uncertainty You become more susceptible to adverse events above. regarding the availability of fuel at reasonable prices, the effectiveness of energy conservation policies, and other factors. An investment in MLP securities involves certain risks that are different from, or in addition to, those of an investment in its common stock. The number of his MLPs related to energy has been declining since 2014. The industry has seen a consolidation or simplification of corporate structures where his MLP sleeve of capital has been eliminated. As a result of the foregoing, the Fund’s diversification of his MLP investments may decrease, and the Fund may increase non-MLP investments in line with its investment objectives and policies. Future changes in tax laws or regulations, or their interpretation, may adversely affect the Fund or his MLPs, MLP-affiliated entities and other energy sector and energy utility companies in which the Fund invests.

The fund invests in securities of non-U.S. issuers with higher volatility than securities of U.S. issuers. Because the Fund invests in non-U.S. securities, it may suffer losses when local currencies in non-U.S. markets depreciate against the U.S. dollar.

There is no assurance that any portion of the dividends paid to the Fund’s common stockholders will consist of tax-advantaged qualifying dividend income.

To the extent the Fund invests in variable rate or variable rate debt that uses the London Interbank Offered Rate (“LIBOR”) as its reference rate, it is subject to LIBOR risk. The UK’s Financial Conduct Authority, which regulates LIBOR, has ceased making his LIBOR available as a reference rate during the phase-out period that began on December 31, 2021. The Secured Overnight Financing Rate (“SOFR”) is similar to LIBOR, produces the same value or economic equivalence, or financial instruments using alternative rates have the same volume or liquidity. The unavailability or exchange of LIBOR could impact the value, liquidity or earnings of certain Fund investments and could incur costs associated with closing positions and initiating new trades. There is a nature. The potential impact of the transition out of LIBOR on the Fund or the specific instruments in which the Fund invests may be difficult to ascertain, may vary depending on a variety of factors, and may result in loss to the Fund.

The use of leverage may incur additional risks and costs and may magnify your loss impact.

The risks of investing in the Fund are detailed in our shareholder reports and other regulatory filings.

The information presented is not intended to constitute an investment recommendation or advice to any particular person. By providing this information, First Trust does not undertake to advise in a fiduciary capacity within the meaning of ERISA, the Internal Revenue Code, or any other regulatory framework. Financial professionals are responsible for making their own independent assessments of investment risks and using their own judgment in determining whether an investment is appropriate for a client.

Forward-Looking Statements

Certain statements made in this press release that are not statements of historical fact are known as “forward-looking statements” under the United States federal securities laws. Actual future results or occurrences may differ materially from those anticipated in forward-looking statements due to a number of factors. In general, the words “believe”, “expect”, “intend”, “estimate”, “predict”, “predict”, “will” and similar expressions are generally of a historical nature. These statements are not forward-looking statements. Forward-looking statements are subject to certain risks and uncertainties that may cause actual results to differ from those projected by the forward-looking statements. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. The Fund undertakes no obligation to publicly update or revise any forward-looking statements.