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Diversified Fixed Income ETF, 30  Ticker: FAHQLX
 
Description
A unit investment trust which seeks current monthly income and diversification across fixed income securities by investing in a broad range of exchange-traded funds which are further diversified among U.S. and foreign taxable fixed income securities of various maturities and credit quality.
 
Summary
Product Code: DIFI30
Portfolio Status: Secondary
Initial Offer Date: 04/11/2017
Secondary Date: 07/11/2017
Portfolio Ending Date: 07/17/2018
Tax Structure: Regulated Investment Company
Distributions: Monthly
 
Initial Offer Price: $10.0000
NAV(*): $9.6874
POP(*): $9.9307
Remaining Deferred Sales Charge: $0.0484
* As of Trade Date: 08/17/2017 4:00pm ET
The Public Offering Price (POP) represents the net asset value per unit plus any applicable organization costs and sales charges. The Net Asset Value (NAV) represents the value per unit of a trust’s portfolio securities and other assets reduced by applicable deferred sales charges and other liabilities.

 Estimated Net Annual Distribution Per Unit
Estimated Net Annual Distribution Per Unit * $0.3676
As of 08/14/2017
* The estimates are based on annualizing the most recent dividends declared by the issuers of the securities included in the portfolio. There is no guarantee that the issuers of the securities included in the portfolio will declare distributions in the future or that, if declared, they will either remain at current levels or increase over time.

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolWeighting
 iShares 10+ Year Credit Bond ETF CLY 4.64%
 iShares iBoxx $ Investment Grade Corporate Bond ETF LQD 4.58%
 PowerShares Emerging Markets Sovereign Debt Portfolio PCY 4.51%
 SPDR Blackstone/GSO Senior Loan ETF SRLN 4.46%
 VanEck Vectors Emerging Markets High Yield Bond ETF HYEM 4.45%
 SPDR Bloomberg Barclays Short Term High Yield Bond ETF SJNK 4.44%
 PowerShares Senior Loan Portfolio BKLN 4.42%
 Highland/iBoxx Senior Loan ETF SNLN 4.40%
 VanEck Vectors J.P. Morgan EM Local Currency Bond ETF EMLC 4.13%
 Vanguard Intermediate-Term Corporate Bond ETF VCIT 4.05%
 PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund CORP 4.05%
 First Trust Senior Loan Fund FTSL 3.97%
 SPDR Bloomberg Barclays High Yield Bond ETF JNK 3.97%
 PowerShares Preferred Portfolio PGX 3.97%
 SPDR Bloomberg Barclays TIPS ETF IPE 3.96%
 iShares U.S. Preferred Stock ETF PFF 3.96%
 iShares 0-5 Year High Yield Corporate Bond ETF SHYG 3.94%
 Vanguard Long-Term Government Bond ETF VGLT 3.62%
 First Trust Preferred Securities and Income ETF FPE 3.56%
 SPDR Bloomberg Barclays Intermediate Term Corporate Bond ETF ITR 3.51%
 First Trust Tactical High Yield ETF HYLS 3.50%
 Vanguard Mortgage-Backed Securities ETF VMBS 3.49%
 SPDR Bloomberg Barclays Mortgage Backed Bond ETF MBG 3.48%
 iShares TIPS Bond ETF TIP 3.47%
 First Trust Low Duration Opportunities ETF LMBS 3.47%
 
Total Number of Holdings:    25
Underlying Securities information represented above is as of 08/17/2017 but will vary with future fluctuations in the market.

 Deferred Sales Charge Schedule
Amount Date
$0.04830 July 20, 2017
$0.04830 August 18, 2017
$0.04840 September 20, 2017

Risk Considerations

Emerging Markets Risk. Risks associated with investing in foreign securities may be more pronounced in emerging markets where the securities markets are substantially smaller, less liquid, less regulated and more volatile than the U.S. and developed foreign markets.

ETF Risk. ETFs are subject to various risks, including management's ability to meet the fund's investment objective, and to manage the fund's portfolio when the underlying securities are redeemed or sold, during periods of market turmoil and as investors' perceptions regarding ETFs or their underlying investments change. Unlike open-end funds, which trade at prices based on a current determination of the fund's net asset value, ETFs frequently trade at a discount from their net asset value in the secondary market. Certain ETFs may employ the use of leverage, which increases the volatility of such funds.

Floating Rate Risk. Certain of the funds invest in floating-rate securities. A floating-rate security is an instrument in which the interest rate payable on the obligation fluctuates on a periodic basis based upon changes in an interest rate benchmark. As a result, the yield on such a security will generally decline in a falling interest rate environment, causing the trust to experience a reduction in the income it receives from such securities.

Foreign Securities Risk. An investment in securities of foreign issuers should be made with an understanding of the additional risks involved, such as currency fluctuations, political risk, withholding, the lack of adequate financial information, and exchange control restrictions impacting foreign issuers.

High-Yield or Junk Bonds Risk. Investing in high-yield securities or "junk" bonds should be viewed as speculative and you should review your ability to assume the risks associated with investments which utilize such securities. High-yield securities are subject to numerous risks, including higher interest rates, economic recession, deterioration of the junk bond market, possible downgrades and defaults of interest and/or principal. High-yield security prices tend to fluctuate more than higher rated securities and are affected by short-term credit developments to a greater degree.

Investment Grade Bonds Risk. Investment grade securities are subject to numerous risks including higher interest rates, economic recession, deterioration of the investment grade security market or investors' perception thereof, possible downgrades and defaults of interest and/or principal.

IRA Risk. There may be tax consequences unless units are purchased in an IRA or other qualified plan.

Mortgage-Backed Securities Risk. Rising interest rates tend to extend the duration of mortgage-backed securities, making them more sensitive to changes in interest rates, and may reduce the market value of the securities. In addition, mortgage-backed securities are subject to prepayment risk, the risk that borrowers may pay off their mortgages sooner than expected, particularly when interest rates decline.

Preferred Securities Risk. Preferred securities are equity securities of the issuing company which pay income in the form of dividends. Preferred securities are typically subordinated to bonds and other debt instruments in a company's capital structure, and therefore will be subject to greater credit risk than those debt instruments.

Senior Loans Risk. The yield on senior loans will generally decline in a falling interest rate environment and increase in a rising interest rate environment. Senior loans are generally below investment grade quality ("junk" bonds). An investment in senior loans involves the risk that the borrowers may default on their obligations to pay principal or interest when due.

TIPS Risk. TIPS are subject to numerous risks including changes in interest rates, economic recession and deterioration of the bond market or investors' perception thereof.

US Treasury Debt Instruments Risk. Debt instruments, such as U.S. Treasury obligations, are subject to numerous risks including higher interest rates, economic recession and deterioration of the bond market or investors' perceptions thereof.

Volatility Risk. The value of the securities held by the trust may be subject to steep declines or increased volatility due to changes in performance or perception of the issuers.

Additional Risk. For a discussion of additional risks of investing in the trust see the "Risk Factors" section of the prospectus.

Important Note. It is important to note that an investment can be made in the underlying funds directly rather than through the trust. These direct investments can be made without paying the trust's sales charge, operating expenses and organizational costs.

Although the portfolio terminates in approximately one year, the strategy is long-term. Investors should consider their ability to pursue investing in successive portfolios, if available. There may be tax consequences unless units are purchased in an IRA or other qualified plan.

You should carefully consider the trust's investment objectives, risks, and charges and expenses before investing. Contact your financial advisor or call First Trust Portfolios, L.P. at 1.800.621.1675 to request a prospectus, which contains this and other information about the trust. Read it carefully before you invest.

This product information does not constitute an offer to sell, or a solicitation of an offer to buy securities in any state to any person to whom it is not lawful to make such an offer. Sales of any of these securities must include prospectus delivery and the services of a retail broker/dealer duly licensed in the appropriate states.

Not FDIC Insured, Not Bank Guaranteed and May Lose Value.

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The information presented is not intended to constitute an investment recommendation for, or advice to, any specific person. By providing this information, First Trust is not undertaking to give advice in any fiduciary capacity within the meaning of ERISA and the Internal Revenue Code. First Trust has no knowledge of and has not been provided any information regarding any investor. Financial advisors must determine whether particular investments are appropriate for their clients. First Trust believes the financial advisor is a fiduciary, is capable of evaluating investment risks independently and is responsible for exercising independent judgment with respect to its retirement plan clients.
First Trust Portfolios L.P.  Member SIPC and FINRA.
First Trust Advisors L.P.
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