First Trust Value Line 100 Fund Declares Year-End Distribution.LISLE, Ill. -- The First Trust Value Line(R) 100 Fund (AMEX AMEX See: American Stock Exchange :FVL FVL Fox Valley Lutheran High School FVL Flow-Volume Loop FVL Full Variability Language FVL Fuel Valve Light FVL Femoral Vein Ligation FVL Florida Voters League, Inc. ) today announced a year-end distribution in the amount of $0.39 per share. The payment date will be December 30, 2004, to holders of record on December 22, 2004, with an expected ex-dividend date Ex-dividend date The first day of trading when the buyer of a stock is no longer entitled to the most recently announced dividend payment ( i.e. the trade will settle the day after the record date, too late for the buyer to appear on the shareholder record and receive the dividend. of December 20, 2004, with $0.15 per share to be paid out of realized short-term capital gains Short-term capital gain A profit on the sale of a security or mutual fund share that has been held for one year or less. A short-term capital gain is taxed as ordinary income. and $0.24 per share from realized long-term capital gains. The Fund is a closed-end management investment company designed to provide capital appreciation that outperforms the S&P 500 Index. The Fund seeks to accomplish this objective by adhering to a disciplined strategy of investing in a diversified portfolio of the 100 common stocks ranked #1 in Value Line's(R) Timeliness(TM) Ranking System. First Trust Advisors L.P. acts as the fund's investment advisor Investment Advisor 1. A person making investment recommendations in return for a flat fee or percentage of assets managed, known as a commission. 2. For mutual fund companies, it is the individual who has the day-to-day responsibility of investing and monitoring the cash and and currently manages or supervises approximately $15.6 billion in assets. The Fund's daily American Stock Exchange closing price and daily net asset value, as well as other information is available at www.ftportfolios.com or by calling 1-800-988-5891. |
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