 WHEATON, Ill.--BUSINESS WIRE--The Board of Trustees of First Trust Dynamic Europe Equity Income Fund the Fund NYSE: FDEU, CUSIP 33740D107, previously approved a managed distribution policy for the Fund the Managed Distribution Plan in reliance on exemptive relief received from the Securities and Exchange Commission which permits the Fund to make periodic distributions of long-term capital gains as frequently as monthly each tax year. The Fund has declared a distribution payable on M 