First Trust Board Approves Reorganization of First Trust Mega Cap AlphaDEX® Fund into First Trust Dow 30 Equal Weight ETF

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today that the Board of Trustees of First Trust Mega Cap AlphaDEX® Fund (Nasdaq: FMK), an index based exchange-traded fund (“ETF”), managed by FTA, approved the reorganization of FMK into First Trust Dow 30 Equal Weight ETF (NYSE Arca: EDOW), an index based ETF managed by FTA. The reorganization has also been approved by the Board of Trustees of the EDOW. EDOW will be the surviving fund.