First Trust Advisors L.P. Announces Portfolio Manager Update Call for First Trust Active Dividend Income Fund

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today that First Trust Active Dividend Income Fund (NYSE: FAV) intends to host a conference call with Aviance Capital Management, LLC (“Aviance”), the Fund’s investment sub-advisor, on Tuesday, February 22, 2011 at 4:15 P.M. Eastern Time. The purpose of the call is to hear the Fund’s portfolio management team provide an update for the Fund.

--	Dial-in Number: [phone]; International [phone]; and Passcode # 37185463. Please call 10 to 15 minutes before the scheduled start of the teleconference.
--	Telephone Replay: [phone]; International [phone]; and Passcode # 37185463. The replay will be available after the call until 11:59 P.M. Eastern Time on Tuesday, March 22, 2011.

FTA has served as the Fund’s investment advisor since the Fund’s inception. FTA, 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 $43 billion as of January 31, 2011 through closed-end funds, unit investment trusts, mutual funds, separate managed accounts and exchanged-traded funds.

If you have questions about the Fund that you would like answered on the call, please email your questions to [e-mail] and refer to FAV. The Fund’s daily closing price and net asset value per share as well as other information can be found at www.ftportfolios.com or by calling [phone].