FIRST TRUST DIVIDEND & INCOME FUND - FORM 8-K - EX-99.1 - PRESS RELEASE - October 25, 2011

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PRESS RELEASE                                 SOURCE:  First Trust Advisors L.P.


FIRST TRUST ADVISORS L.P. ANNOUNCES PORTFOLIO MANAGER UPDATE CALL FOR FIRST
TRUST ACTIVE DIVIDEND INCOME FUND

WHEATON, IL -- (BUSINESS WIRE) -- October 25, 2011 -- First Trust Advisors L.P.
("FTA") announced today that First Trust Active Dividend Income Fund (NYSE: FAV)
intends to host a conference call with Aviance Capital Management, LLC
("Aviance"), the Fund's investment sub-advisor, on Tuesday, November 8, 2011 at
4:15 P.M. Eastern Time. The purpose of the call is to hear the Fund's portfolio
management team provide an update for the Fund.

--    Dial-in Number: (866) 865-6631; International (706) 679-1727; and Passcode
      # 20363603. Please call 10 to 15 minutes before the scheduled start of the
      teleconference.

--    Telephone Replay: (800) 585-8367; International (404) 537-3406; and
      Passcode # 20363603. The replay will be available after the call until
      11:59 P.M. Eastern Time on Thursday, December 8, 2011.

FTA has served as the Fund's investment advisor since the Fund's inception. FTA,
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 over $43
billion as of September 30, 2011 through closed-end funds, unit investment
trusts, mutual funds, separate managed accounts and exchanged-traded funds.

Aviance Capital Management, LLC, ("Aviance"), the Fund's investment sub-advisor,
focuses on managing multi-cap value and growth portfolios.

If you have questions about the Fund that you would like answered on the call,
please email your questions to cefquestions@ftadvisors.com and refer to FAV by
Friday, November 4, 2011, 6:00 P.M. Eastern Time. The Fund's daily closing price
and net asset value per share as well as other information can be found at
www.ftportfolios.com or by calling (800) 988-5891.



CONTACT: JEFF MARGOLIN - (630) 915-6784


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Source:  First Trust Advisors L.P.