BICK First Trust BICK Index Fund

First Trust Advisors L.P. (“FTA”) announces the declaration of the regular quarterly and semi-annual distributions for 38 of 43 exchange-traded funds advised by FTA.

The following dates apply to today’s distribution declarations:

        Expected Ex-Dividend Date       December 21, 2010 Record Date December 23, 2010 Payable Date December 31, 2010                

Per

Share

Ticker

Exchange

Fund Name

Frequency

Amount

 

First Trust Exchange-Traded Fund

FDM NYSE Arca First Trust Dow Jones Select MicroCap IndexSM Fund Semi-Annually $ 0.05630 FDL NYSE Arca First Trust Morningstar® Dividend LeadersSM Index Fund Quarterly $ 0.14120 FPX NYSE Arca First Trust US IPO Index Fund Semi-Annually $ 0.15290 FDN NYSE Arca First Trust Dow Jones Internet IndexSM Fund Semi-Annually $ 0.03870 FDV NYSE Arca First Trust Strategic Value Index Fund Semi-Annually $ 0.20040 FVI NYSE Arca First Trust Value Line® Equity Allocation Index Fund Semi-Annually $ 0.14560 FVD NYSE Arca First Trust Value Line® Dividend Index Fund Quarterly $ 0.12460 FRI NYSE Arca First Trust S&P REIT Index Fund Semi-Annually $ 0.19910 FIW NYSE Arca First Trust ISE Water Index Fund Semi-Annually $ 0.04740 FCG NYSE Arca First Trust ISE-Revere Natural Gas Index Fund Semi-Annually $ 0.00410 FNI NYSE Arca First Trust ISE Chindia Index Fund Semi-Annually $ 0.05270 QQEW NASDAQ First Trust NASDAQ-100 Equal Weighted IndexSM Fund Semi-Annually $ 0.08290 QTEC NASDAQ First Trust NASDAQ-100-Technology Sector IndexSM Fund Semi-Annually $ 0.07910 QQXT NASDAQ First Trust NASDAQ-100 Ex-Technology Sector IndexSM Fund Semi-Annually $ 0.11240 QABA NASDAQ First Trust NASDAQ® ABA Community Bank Index Fund Semi-Annually $ 0.16270  

First Trust Exchange-Traded Fund II

FDD NYSE Arca First Trust STOXX® European Select Dividend Index Fund Quarterly $ 0.07140 FFR NYSE Arca First Trust FTSE EPRA/NAREIT Developed Markets Real Estate Index Fund Semi-Annually $ 0.97860 FGD NYSE Arca First Trust Dow Jones Global Select Dividend Index Fund Quarterly $ 0.21500 FLM NYSE Arca First Trust ISE Global Engineering and Construction Index Fund Semi-Annually $ 0.13500 BICK NASDAQ First Trust BICK Index Fund Semi-Annually $ 0.04290 CU NASDAQ First Trust ISE Global Copper Index Fund Semi-Annually $ 0.29140 PLTM NASDAQ First Trust ISE Global Platinum Index Fund Semi-Annually $ 0.04100  

First Trust Exchange-Traded AlphaDEX® Fund

FEX NYSE Arca First Trust Large Cap Core AlphaDEX® Fund Semi-Annually $ 0.14310 FNX NYSE Arca First Trust Mid Cap Core AlphaDEX® Fund Semi-Annually $ 0.07890 FYX NYSE Arca First Trust Small Cap Core AlphaDEX® Fund Semi-Annually $ 0.07770 FTA NYSE Arca First Trust Large Cap Value Opportunities AlphaDEX® Fund Semi-Annually $ 0.15870 FTC NYSE Arca First Trust Large Cap Growth Opportunities AlphaDEX® Fund Semi-Annually $ 0.11090 FAB NYSE Arca First Trust Multi Cap Value AlphaDEX® Fund Semi-Annually $ 0.18350 FAD NYSE Arca First Trust Multi Cap Growth AlphaDEX® Fund Semi-Annually $ 0.08900 FXD NYSE Arca First Trust Consumer Discretionary AlphaDEX® Fund Semi-Annually $ 0.05200 FXG NYSE Arca First Trust Consumer Staples AlphaDEX® Fund Semi-Annually $ 0.12740 FXN NYSE Arca First Trust Energy AlphaDEX® Fund Semi-Annually $ 0.08250 FXO NYSE Arca First Trust Financials AlphaDEX® Fund Semi-Annually $ 0.11640 FXR NYSE Arca First Trust Industrials/Producer Durables AlphaDEX® Fund Semi-Annually $ 0.05300 FXZ NYSE Arca First Trust Materials AlphaDEX® Fund Semi-Annually $ 0.30000 FXU NYSE Arca First Trust Utilities AlphaDEX® Fund Semi-Annually $ 0.21050 FXH NYSE Arca First Trust Health Care AlphaDEX® Fund Semi-Annually $ 0.02920 FXL NYSE Arca First Trust Technology AlphaDEX® Fund Semi-Annually $ 0.00600  

First Trust Advisors L.P., the Funds’ 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, financial advisory services, and municipal and corporate investment banking, with collective assets under management or supervision of approximately $39 billion as of November 30, 2010 through closed-end funds, unit investment trusts, mutual funds, separate managed accounts and exchange-traded funds.

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. A Fund seeks investment results that correspond generally to the price and yield of an index. You should anticipate that the value of a Fund’s shares will decline, more or less, in correlation with any decline in the value of the index. A Fund’s return may not match the return of the index. Unlike the Fund, the indices do not actually hold a portfolio of securities and therefore do not incur the expenses incurred by the Fund. A Fund may invest in small capitalization and mid capitalization companies. Such companies may experience greater price volatility than larger, more established companies. The risks of investing in each Fund are spelled out in its prospectus, shareholder report, and other regulatory filings.

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.