# EDGAR Filing Document

**Accession Number:** 0001646109
**File Stem:** 0001504304-23-000012
**Filing Date:** 2023-3
**Character Count:** 7705
**Document Hash:** 9a0c6b467d2b60f1283c3dd3eeb14ed8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001504304-23-000012.hdr.sgml**: 20230306

**ACCESSION NUMBER**: 0001504304-23-000012

**CONFORMED SUBMISSION TYPE**: SC 13D/A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230306

**DATE AS OF CHANGE**: 20230306

**GROUP MEMBERS**: ANDREW DAKOS

**GROUP MEMBERS**: BULLDOG INVESTORS.COM

**GROUP MEMBERS**: PHILLIP GOLDSTEIN

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIRST TRUST DYNAMIC EUROPE EQUITY INCOME FUND
- **CENTRAL INDEX KEY:** 0001646109
- **IRS NUMBER:** 371788432
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-89749
- **FILM NUMBER:** 23709212

**BUSINESS ADDRESS:**
- **STREET 1:** 120 EAST LIBERTY DRIVE, SUITE 400
- **CITY:** WHEATON
- **STATE:** IL
- **ZIP:** 60187
- **BUSINESS PHONE:** 630-765-8000

**MAIL ADDRESS:**
- **STREET 1:** 120 EAST LIBERTY DRIVE, SUITE 400
- **CITY:** WHEATON
- **STATE:** IL
- **ZIP:** 60187
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Bulldog Investors, LLP
- **CENTRAL INDEX KEY:** 0001504304
- **IRS NUMBER:** 270926182
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC 13D/A

**BUSINESS ADDRESS:**
- **STREET 1:** PARK 80 WEST - PLAZA TWO
- **STREET 2:** 250 PEHLE AVE. SUITE 708
- **CITY:** SADDLE BROOK
- **STATE:** NJ
- **ZIP:** 07663
- **BUSINESS PHONE:** 201 556-0092

**MAIL ADDRESS:**
- **STREET 1:** PARK 80 WEST - PLAZA TWO
- **STREET 2:** 250 PEHLE AVE. SUITE 708
- **CITY:** SADDLE BROOK
- **STATE:** NJ
- **ZIP:** 07663

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Bulldog Investors, LLC
- **DATE OF NAME CHANGE:** 20130610

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Brooklyn Capital Management LLC
- **DATE OF NAME CHANGE:** 20101026

```

SCHEDULE 13D/A

DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT
3/2/2023

1. NAME OF REPORTING PERSON
Bulldog Investors, LLP

2. CHECK THE BOX IF MEMBER OF A GROUP                  a[]

                                                       b[]

3. SEC USE ONLY

4. SOURCE OF FUNDS
WC

5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) AND 2(e)                        []

6. CITIZENSHIP OR PLACE OF ORGANIZATION
DE
___________________________________________________________

7. SOLE VOTING POWER
0

8. SHARED VOTING POWER
673,441

9. SOLE DISPOSITIVE POWER
0
_______________________________________________________

10. SHARED DISPOSITIVE POWER
673,441

11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON
673,441 (Footnote 1)

12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES

[]
___________________________________________________________

13. PERCENT OF CLASS REPRESENTED BY ROW 11
3.91%

14. TYPE OF REPORTING PERSON

IA

___________________________________________________________

1. NAME OF REPORTING PERSON
Phillip Goldstein

2. CHECK THE BOX IF MEMBER OF A GROUP                  a[]

                                                       b[]

3. SEC USE ONLY

4. SOURCE OF FUNDS
WC

5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) AND 2(e)                        []

6. CITIZENSHIP OR PLACE OF ORGANIZATION
USA
___________________________________________________________

7. SOLE VOTING POWER
0

8. SHARED VOTING POWER
1,190,005

9. SOLE DISPOSITIVE POWER
0
_______________________________________________________

10. SHARED DISPOSITIVE POWER
1,190,005

11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON
1,190,005 (Footnote 1)

12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES

[]
___________________________________________________________

13. PERCENT OF CLASS REPRESENTED BY ROW 11

6.91%

14. TYPE OF REPORTING PERSON

IN

___________________________________________________________
1. NAME OF REPORTING PERSON
Andrew Dakos

2. CHECK THE BOX IF MEMBER OF A GROUP                  a[]

                                                       b[]

3. SEC USE ONLY

4. SOURCE OF FUNDS
WC

5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) AND 2(e)                        []

6. CITIZENSHIP OR PLACE OF ORGANIZATION
USA
___________________________________________________________

7. SOLE VOTING POWER
0

8. SHARED VOTING POWER
1,190,005

9. SOLE DISPOSITIVE POWER
0
_______________________________________________________

10. SHARED DISPOSITIVE POWER
1,190,005

11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON
1,190,005(Footnote 1)

12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES

[]
___________________________________________________________

13. PERCENT OF CLASS REPRESENTED BY ROW 11

6.91%

14. TYPE OF REPORTING PERSON

IN

___________________________________________________________

Item 1. SECURITY AND ISSUER

This Constitutes Amendment #2 to the schedule 13d filed
November 14, 2022. Except as specifically set forth herein,
the Schedule 13d remaines unmodified

ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a) As per the N-CSR filed on 08/29/2022 there were 17,231,908 shares of
common stock outstanding as of 6/30/2022. The percentages set forth
herein were derived using such number. Phillip Goldstein and Andrew Dakos
own Bulldog Investors, LLP, a registered investment advisor.
As of March 3, 2023 Bulldog Investors, LLP is deemed to be the beneficial
owner of 673,441 shares of FDEU (representing 3.91% of FDEU's outstanding
shares) solely by virtue of Bulldog Investors LLP's power to direct the
vote of,and dispose of, these shares.

As of March 3, 2023, each of Messrs. Goldstein and Dakos is deemed to be
the beneficial owner of 1,190,005 shares of FDEU (representing 6.91% of
FDEU's outstanding shares) by virtue of their power to direct the vote of,
and dispose of, these shares.

(b)Bulldog Investors,LLP has sole power to dispose of and vote 0 shares.
Bulldog Investors, LLP has shared power to dispose of and vote 673,441
shares. Certain of Bulldog Investors, LLP's clients (none of whom
beneficially own more than 5% of FDEU's shares) share this power with
Bulldog Investors, LLP. Messrs. Goldstein and Dakos are partners of Bulldog
Investors, LLP. Messrs. Goldstein and Dakos have shared power to dispose
of and vote an additional 516,564 shares.

c) During the last 60 days the following shares of FDEU were bought.

Date			Shares		 Price
3/2/2023		1,735		11.8500
2/1/2023		7,500		12.5967
1/31/2023		545		 12.5500
1/27/2023		600		 12.4100
1/25/2023		100		 12.1900
1/24/2023		700		 12.2671
1/23/2023		6,875		 12.2700
1/20/2023		1,100		 12.1468
1/19/2023		1,143		 12.0600
1/19/2023		280		 12.0700
1/18/2023		10,000		 12.1990
1/17/2023		13,638		 12.1097
1/17/2023		2,115		 12.1125
1/13/2023		805		 12.0763
1/12/2023		7,910		 12.0596
1/10/2023		15,354		 11.8826
1/9/2023		5,896		 11.8852
1/6/2023		25,000		 11.6080
1/5/2023		6,038		 11.4622
1/4/2023		5,447		 11.5130

d) Clients of Bulldog Investors, LLP and a closed-end investment company
for which Messrs. Goldstein and Dakos have investment authority are
entitled to receive any dividends or sales proceeds.

e) N/A

ITEM 6. CONTRACTS,ARRANGEMENTS,UNDERSTANDINGS OR RELATIONSHIPS
WITH RESPECT TO SECURITIES OF THE ISSUER.
N/A

ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
None

After reasonable inquiry and to the best of my knowledge
and belief, I certify that the information set forth in this
statement is true, complete and correct.

Dated: 3/6/2023

By: /S/ Phillip Goldstein
Name:   Phillip Goldstein

By: /S/ Andrew Dakos
Name:   Andrew Dakos

Bulldog Investors, LLP
By: /s/ Andrew Dakos
Andrew Dakos, Partner

Footnote 1: The reporting persons disclaim beneficial ownership except
to the extent of any pecuniary interest therein.

```