Edgar Filing: FIRST TRUST DYNAMIC EUROPE EQUITY INCOME FUND

                                January 11, 2016

VIA EDGAR

Securities and Exchange Commission
100 F Street, NE
Washington, D.C.  20549

Re: Rule 17g-1 Fidelity Bond Filing Information with Respect to Joint Fidelity
Bond filing under Investment Company Act Rule 17g-1, Bond No 99516111B for the
following management investment companies (Investment Company Act of 1940 File
Number/ SEC Registration Number): Macquarie/First Trust Global Infrastructure/
Utilities Dividend & Income Fund (File No. 811-21496/ SEC Registration No.
333-112202); First Trust Senior Floating Rate Income Fund II (File No.
811-21539/ SEC Registration Nos. 333-113978 and 333-115414); First Trust Energy
Income and Growth Fund (File No. 811-21549/ SEC Registration No. 333-114131,
333-120853, 333-131771, 333-154254, 333-123460 and 333-173334); First Trust
Enhanced Equity Income Fund (File No. 811-21586/ SEC Registration No.
333-116023); First Trust/Aberdeen Global Opportunity Income Fund (File No.
811-21636/ SEC Registration No. 333-119081); First Trust Mortgage Income Fund
(File No. 811-21727/ SEC Registration No. 333-123262); First Trust
Exchange-Traded Fund (File No. 811-21774/ SEC Registration No. 333-125751);
First Trust Strategic High Income Fund II (File No. 811-21842/SEC Registration
No. 333-131194); First Trust/Aberdeen Emerging Opportunity Fund (File No.
811-21905/ SEC Registration No. 333-134540); First Trust Specialty Finance and
Financial Opportunities Fund (File No. 811-22039/ SEC Registration No.
333-141457); First Trust Exchange-Traded AlphaDEX(R) Fund (File No. 811-22019 /
SEC Registration No. 333-140895); First Trust Dividend and Income Fund (File No.
811-22080/ SEC Registration No. 333-143792); First Trust Exchange-Traded Fund II
(File No. 811-21944/ SEC Registration No. 333-143964); First Trust High Income
Long/Short Fund (File No. 811-22442/ SEC Registration No. 333-168186); First
Trust Exchange-Traded AlphaDEX(R) Fund II (File No. 811-22519/ SEC Registration
No. 333-171759); First Trust Series Fund (File No. 811-22452/ SEC Registration
No. 333-168727); First Trust Energy Infrastructure Fund (File No. 811-22528/ SEC
Registration No. 333-172439 and 333-177037); First Trust Exchange-Traded Fund VI
(File No. 811-22717/ SEC Registration No. 333-182308); First Trust
Exchange-Traded Fund IV (File No. 811-22559/ SEC Registration No. 333-174332);
First Trust Variable Insurance Trust (File No. 811-22652/ SEC Registration No.
333-178767); First Trust MLP and Energy Income Fund (File No. 811-22738/ SEC
Registration No. 333-183396); First Trust Exchange-Traded Fund III (File No.
811-22245/ SEC Registration No. 333-176976), First Trust Intermediate Duration
Preferred & Income Fund (File No. 811-22795/ SEC Registration No. 333-186412)
First Trust Exchange-Traded Fund V (File No. 811-22709/ SEC Registration No.
333-181507), First Trust Exchange-Traded Fund VII (File No. 811-22767/ SEC
Registration No. 333-184918), First Trust New Opportunities MLP & Energy Fund
(File No. 811-22902/ SEC Registration No. 333-191808) and First Trust Dynamic
Europe Equity Income Fund (File No. 811-23072/ SEC Registration No. 333-205681).

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Dear Sir or Madam:

      Enclosed for filing, pursuant to Rule 17g-1 of the Investment Company Act
of 1940, as amended, please find a copy of the Joint Insured Fidelity Bond for
the period October 9, 2015 through October 9, 2016, for the First Trust complex
of funds referenced above. Please note that Rider 11 has been added to the Joint
Insured Fidelity Bond to include First Trust Dorsey Wright Tactical Core
Portfolio, a series of First Trust Variable Insurance Trust; First Trust Heitman
Global Prime Real Estate ETF and First Trust SSI Strategic Convertible
Securities ETF, each a series of First Trust Exchange-Traded Fund IV; and, First
Trust AQA(R) Equity Fund, a series of First Trust Series Fund. Rider 12 has been
added to change the fund name to First Trust Indxx Global Natural Resources
Income ETF (from First Trust ISE Global Copper Index Fund), First Trust Indxx
Global Agriculture ETF (from First Trust ISE Global Platinum Index Fund), First
Trust Nasdaq Smartphone Index Fund (from First Trust NASDAQ(R) CEA Smartphone
Index Fund), and First Trust Nasdaq Cybersecurity ETF (from First Trust NASDAQ
CEA Cybersecurity ETF), each a series of First Trust Exchange-Traded Fund II.
Please note for the Commission's records, the following:

            (i)   The Joint Insured Fidelity Bond;

            (ii)  a Certificate of Assistant Secretary containing the form of
      resolutions of the Board of Trustees approving the amount, type, form and
      coverage of the Fidelity Bond, the amount of the single insured bond which
      the registrant would have provided had it not been named as an insured
      under the Fidelity Bond, and a statement as to the period for which
      premiums have been paid; and

            (iii) a copy of the Blanket Bond Insurance Agreement.


                                          Very truly yours,

                                          FIRST TRUST PORTFOLIOS L.P.

                                          /s/ Kristi A. Maher
                                          --------------------------------------
                                          Kristi A. Maher
                                          Deputy General Counsel



Enclosures