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    <pubDate>Mon, 09 Nov 2009 00:23:05 GMT</pubDate>
    <language>en</language>
    <ttl>30</ttl>
    <item>
      <title>First Trust Strategic High Income Fund Decreases Its Monthly Common Share Distribution to $0.025 Per Share for August</title>
      <guid>http://www.istockanalyst.com/article/viewarticle/articleid/3359750</guid>
      <description><![CDATA[&lt;ul&gt;&lt;li&gt;First Trust Strategic High Income Fund (the &quot;Fund&quot;) (NYSE: FHI) today   decreased its regularly scheduled monthly common share distribution to   $0.025 per share from $0.06 per share. &lt;/li&gt;&lt;li&gt;The monthly   distribution and cash balance information for the Fund appears below.&lt;/li&gt;&lt;li&gt;First Trust Strategic High Income Fund (FHI):                                                                     Distribution per share:                                                       $0.025                              Distribution Rate based on the July 17, 2009 NAV of $2.99:                    10.03%                              Distribution Rate based on the July 17, 2009 closing market price of $3.54:   8.47%                               Decrease from previous distribution of $0.06:                                 -58.33%                             Cash Balance on July 17, 2009:                                                $1,099,978 or 4.03% of Net Assets&lt;/li&gt;&lt;ul&gt;<a href=http://www.istockanalyst.com/article/viewarticle/articleid/3359750>[More...]</a>]]></description>
      <pubDate>Mon, 20 Jul 2009 22:46:00 GMT</pubDate>
      <category domain="http://rss.financialcontent.com/stocksymbol">BAM</category>
      <category domain="http://rss.financialcontent.com/stocksymbol">FHI</category>
      <link>http://www.istockanalyst.com/article/viewarticle/articleid/3359750</link>
    </item>
    <item>
      <title>First Trust Announces New Investment Sub-Advisor for FHI, FHY and FHO</title>
      <guid>http://www.istockanalyst.com/article/viewarticle/articleid/3321911</guid>
      <description><![CDATA[&lt;ul&gt;&lt;li&gt;First Trust Advisors L.P. (&quot;First Trust&quot;) today announced   that the Board of Trustees of First Trust Strategic High Income Fund   (NYSE: FHI), First Trust Strategic High Income Fund II (NYSE: FHY) and   First Trust Strategic High Income Fund III (NYSE: FHO) has voted to   approve Hyperion Brookfield Asset Management, Inc. (&quot;Hyperion&quot;)   as investment sub-advisor to the Funds, replacing Valhalla Capital   Partners, LLC. Each Fund has entered into an interim investment   sub-advisory agreement with First Trust and Hyperion, as investment   sub-advisor, effective on June 29, 2009. &lt;/li&gt;&lt;li&gt;Subject to shareholder approval, the Board of Trustees of each Fund has   also approved a change in each Fund's industry concentration policy to   provide that each Fund may not purchase any security if, as a result of   the purchase, 25% or more of the Fund's total assets (taken at current   value) would be invested in the securities of borrowers and other   issuers having their principal business activities in the same industry.   &lt;/li&gt;&lt;li&gt;Currently, each Fund's industry concentration policy states that it will   invest at least 25% of its total assets in residential mortgage-backed   securities under normal market conditions.&lt;/li&gt;&lt;ul&gt;<a href=http://www.istockanalyst.com/article/viewarticle/articleid/3321911>[More...]</a>]]></description>
      <pubDate>Tue, 30 Jun 2009 13:51:00 GMT</pubDate>
      <category domain="http://rss.financialcontent.com/stocksymbol">BAM</category>
      <category domain="http://rss.financialcontent.com/stocksymbol">FHI</category>
      <category domain="http://rss.financialcontent.com/stocksymbol">FHO</category>
      <category domain="http://rss.financialcontent.com/stocksymbol">FHY</category>
      <link>http://www.istockanalyst.com/article/viewarticle/articleid/3321911</link>
    </item>
    <item>
      <title>First Trust Strategic High Income Fund Decreases its Monthly Common Share Distribution to $0.06 Per Share for July</title>
      <guid>http://www.istockanalyst.com/article/viewarticle/articleid/3278841</guid>
      <description><![CDATA[First Trust Strategic High Income Fund (the &quot;Fund&quot;) (NYSE: FHI) today decreased its regularly scheduled monthly common share distribution to $0.06 per share from $0.09 per share. The distribution will be payable on July 15, 2009 to shareholders of record as of July 6, 2009. The ex-dividend date is expected to be July 1, 2009. The monthly distribution and cash balance information for the Fund appears below.<a href=http://www.istockanalyst.com/article/viewarticle/articleid/3278841>[More...]</a>]]></description>
      <pubDate>Mon, 22 Jun 2009 22:08:00 GMT</pubDate>
      <category domain="http://rss.financialcontent.com/stocksymbol">FHI</category>
      <link>http://www.istockanalyst.com/article/viewarticle/articleid/3278841</link>
    </item>
    <item>
      <title>First Trust Strategic High Income Fund Declares Monthly Common Share Distribution of $0.10 Per Share for April</title>
      <guid>http://www.istockanalyst.com/article/viewarticle/articleid/3136293</guid>
      <description><![CDATA[First Trust Strategic High Income Fund (the &quot;Fund&quot;) (NYSE: FHI) has declared the Fund’s regularly scheduled monthly common share distribution payable on April 15, 2009 to shareholders of record as of April 3, 2009. The ex-dividend date is expected to be April 1, 2009. The monthly distribution and cash balance information for the Fund appears below.<a href=http://www.istockanalyst.com/article/viewarticle/articleid/3136293>[More...]</a>]]></description>
      <pubDate>Fri, 20 Mar 2009 21:40:00 GMT</pubDate>
      <category domain="http://rss.financialcontent.com/stocksymbol">FHI</category>
      <link>http://www.istockanalyst.com/article/viewarticle/articleid/3136293</link>
    </item>
    <item>
      <title>First Trust Strategic High Income Fund Decreases its Monthly Common Share Distribution to $0.10 Per Share for March</title>
      <guid>http://www.istockanalyst.com/article/viewarticle/articleid/3057552</guid>
      <description><![CDATA[First Trust Strategic High Income Fund (the &quot;Fund&quot;) (NYSE: FHI) today decreased its regularly scheduled monthly common share distribution to $0.10 per share from $0.12 per share. The distribution will be payable on March 16, 2009 to shareholders of record as of March 4, 2009. The ex-dividend date is expected to be March 2, 2009. The monthly distribution and cash balance information for the Fund appears below.<a href=http://www.istockanalyst.com/article/viewarticle/articleid/3057552>[More...]</a>]]></description>
      <pubDate>Fri, 20 Feb 2009 20:38:00 GMT</pubDate>
      <category domain="http://rss.financialcontent.com/stocksymbol">FHI</category>
      <link>http://www.istockanalyst.com/article/viewarticle/articleid/3057552</link>
    </item>
    <item>
      <title>First Trust Strategic High Income Fund Declares Monthly Common Share Distribution of $0.12 Per Share for February</title>
      <guid>http://www.istockanalyst.com/article/viewarticle/articleid/2967989</guid>
      <description><![CDATA[First Trust Strategic High Income Fund (the &quot;Fund&quot;) (NYSE: FHI) today declared its regularly scheduled monthly distribution of $0.12 per share payable on February 17, 2009 to shareholders of record as of February 4, 2009. The ex-dividend date is expected to be February 2, 2009. The monthly distribution and cash balance information for the Fund appears below.<a href=http://www.istockanalyst.com/article/viewarticle/articleid/2967989>[More...]</a>]]></description>
      <pubDate>Tue, 20 Jan 2009 20:53:00 GMT</pubDate>
      <category domain="http://rss.financialcontent.com/stocksymbol">FHI</category>
      <link>http://www.istockanalyst.com/article/viewarticle/articleid/2967989</link>
    </item>
    <item>
      <title>First Trust Strategic High Income Fund Decreases its Monthly Common Share Distribution to $0.12 Per Share for January</title>
      <guid>http://www.istockanalyst.com/article/viewarticle/articleid/2903205</guid>
      <description><![CDATA[First Trust Strategic High Income Fund (the &quot;Fund&quot;) (NYSE: FHI) today decreased its regularly scheduled monthly distribution to $0.12 per share from $0.16 per share. The distribution will be payable on January 15, 2009 to shareholders of record as of January 6, 2009. The ex-dividend date is expected to be January 2, 2009. The monthly distribution and cash balance information for the Fund appears below.<a href=http://www.istockanalyst.com/article/viewarticle/articleid/2903205>[More...]</a>]]></description>
      <pubDate>Mon, 22 Dec 2008 22:56:00 GMT</pubDate>
      <category domain="http://rss.financialcontent.com/stocksymbol">FHI</category>
      <link>http://www.istockanalyst.com/article/viewarticle/articleid/2903205</link>
    </item>
    <item>
      <title>First Trust Strategic High Income Fund Declares Monthly Common Share Distribution for December of $0.16 Per Share</title>
      <guid>http://www.istockanalyst.com/article/viewarticle/articleid/2820475</guid>
      <description><![CDATA[First Trust Strategic High Income Fund (the &quot;Fund&quot;) (NYSE: FHI) today declared the Fund’s regularly scheduled monthly distribution, payable on December 12, 2008 to shareholders of record as of December 3, 2008. The ex-dividend date is expected to be December 1, 2008. The monthly distribution and cash balance information for the Fund appears below.<a href=http://www.istockanalyst.com/article/viewarticle/articleid/2820475>[More...]</a>]]></description>
      <pubDate>Thu, 20 Nov 2008 23:24:00 GMT</pubDate>
      <category domain="http://rss.financialcontent.com/stocksymbol">FHI</category>
      <link>http://www.istockanalyst.com/article/viewarticle/articleid/2820475</link>
    </item>
    <item>
      <title>CORRECTING and REPLACING First Trust Advisors L.P. Announces Change in Address</title>
      <guid>http://www.istockanalyst.com/article/viewarticle/articleid/2754477</guid>
      <description><![CDATA[Phone number in first and third graphs should read (800) 621-1675 (sted (630) 621-1675.)<a href=http://www.istockanalyst.com/article/viewarticle/articleid/2754477>[More...]</a>]]></description>
      <pubDate>Thu, 30 Oct 2008 22:00:00 GMT</pubDate>
      <category domain="http://rss.financialcontent.com/stocksymbol">FAM</category>
      <category domain="http://rss.financialcontent.com/stocksymbol">FAV</category>
      <category domain="http://rss.financialcontent.com/stocksymbol">FCM</category>
      <category domain="http://rss.financialcontent.com/stocksymbol">FCT</category>
      <category domain="http://rss.financialcontent.com/stocksymbol">FEN</category>
      <category domain="http://rss.financialcontent.com/stocksymbol">FEO</category>
      <category domain="http://rss.financialcontent.com/stocksymbol">FFA</category>
      <category domain="http://rss.financialcontent.com/stocksymbol">FGB</category>
      <category domain="http://rss.financialcontent.com/stocksymbol">FHI</category>
      <category domain="http://rss.financialcontent.com/stocksymbol">FHO</category>
      <category domain="http://rss.financialcontent.com/stocksymbol">FHY</category>
      <category domain="http://rss.financialcontent.com/stocksymbol">FMY</category>
      <category domain="http://rss.financialcontent.com/stocksymbol">FPI</category>
      <category domain="http://rss.financialcontent.com/stocksymbol">FTA</category>
      <category domain="http://rss.financialcontent.com/stocksymbol">MFD</category>
      <link>http://www.istockanalyst.com/article/viewarticle/articleid/2754477</link>
    </item>
    <item>
      <title>First Trust Advisors L.P. Announces Change in Address</title>
      <guid>http://www.istockanalyst.com/article/viewarticle/articleid/2754181</guid>
      <description><![CDATA[First Trust Advisors L.P. (“FTA”) announced today that as of Monday, October 27, 2008, its principal office address and telephone number have changed to 120 East Liberty Drive in Wheaton, Illinois 60187 and (630) 621-1675, respectively.<a href=http://www.istockanalyst.com/article/viewarticle/articleid/2754181>[More...]</a>]]></description>
      <pubDate>Thu, 30 Oct 2008 21:03:00 GMT</pubDate>
      <category domain="http://rss.financialcontent.com/stocksymbol">FAM</category>
      <category domain="http://rss.financialcontent.com/stocksymbol">FAV</category>
      <category domain="http://rss.financialcontent.com/stocksymbol">FCM</category>
      <category domain="http://rss.financialcontent.com/stocksymbol">FCT</category>
      <category domain="http://rss.financialcontent.com/stocksymbol">FEN</category>
      <category domain="http://rss.financialcontent.com/stocksymbol">FEO</category>
      <category domain="http://rss.financialcontent.com/stocksymbol">FFA</category>
      <category domain="http://rss.financialcontent.com/stocksymbol">FGB</category>
      <category domain="http://rss.financialcontent.com/stocksymbol">FHI</category>
      <category domain="http://rss.financialcontent.com/stocksymbol">FHO</category>
      <category domain="http://rss.financialcontent.com/stocksymbol">FHY</category>
      <category domain="http://rss.financialcontent.com/stocksymbol">FMY</category>
      <category domain="http://rss.financialcontent.com/stocksymbol">FPI</category>
      <category domain="http://rss.financialcontent.com/stocksymbol">FTA</category>
      <category domain="http://rss.financialcontent.com/stocksymbol">MFD</category>
      <link>http://www.istockanalyst.com/article/viewarticle/articleid/2754181</link>
    </item>
    <item>
      <title>Form  3          Erikson Dana              For: Jun 29 (10K)</title>
      <guid>http://www.istockanalyst.com/article/viewarticle/articleid/3345873</guid>
      <description><![CDATA[<a href=http://www.istockanalyst.com/article/viewarticle/articleid/3345873>[More...]</a>]]></description>
      <pubDate>Mon, 13 Jul 2009 22:37:00 GMT</pubDate>
      <category domain="http://rss.financialcontent.com/stocksymbol">FHI</category>
      <link>http://www.istockanalyst.com/article/viewarticle/articleid/3345873</link>
    </item>
    <item>
      <title>Form  4          MATHIS KEN L              For: May 08 (10K)</title>
      <guid>http://www.istockanalyst.com/article/viewarticle/articleid/3229498</guid>
      <description><![CDATA[<a href=http://www.istockanalyst.com/article/viewarticle/articleid/3229498>[More...]</a>]]></description>
      <pubDate>Tue, 12 May 2009 23:33:00 GMT</pubDate>
      <category domain="http://rss.financialcontent.com/stocksymbol">FHI</category>
      <link>http://www.istockanalyst.com/article/viewarticle/articleid/3229498</link>
    </item>
    <item>
      <title>Form  4          MATHIS KEN L              For: May 07 (10K)</title>
      <guid>http://www.istockanalyst.com/article/viewarticle/articleid/3224759</guid>
      <description><![CDATA[<a href=http://www.istockanalyst.com/article/viewarticle/articleid/3224759>[More...]</a>]]></description>
      <pubDate>Fri, 08 May 2009 21:18:00 GMT</pubDate>
      <category domain="http://rss.financialcontent.com/stocksymbol">FHI</category>
      <link>http://www.istockanalyst.com/article/viewarticle/articleid/3224759</link>
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