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40/60 Strategic Allocation, 2nd Qtr 2017  Ticker: FJKGNX
 
Description
A unit investment trust which seeks the potential for above-average total return by investing approximately 40% of its assets in common stocks which are selected by applying a disciplined investment strategy and 60% of its assets in exchange-traded funds which invest in fixed-income securities.
 
Summary
Product Code: 4S2Q17
Portfolio Status: Secondary
Initial Offer Date: 04/13/2017
Secondary Date: 07/13/2017
Portfolio Ending Date: 07/19/2018
Tax Structure: Regulated Investment Company
Distributions: Monthly
 
Initial Offer Price: $10.0000
NAV(*): $10.0695
POP(*): $10.3224
Remaining Deferred Sales Charge: $0.0000
* As of Trade Date: 10/19/2017 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 * $0.2893
As of 10/16/2017
* 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 2.70%
 iShares iBoxx $ Investment Grade Corporate Bond ETF LQD 2.65%
 PowerShares Emerging Markets Sovereign Debt Portfolio PCY 2.65%
 VanEck Vectors Emerging Markets High Yield Bond ETF HYEM 2.62%
 SPDR Bloomberg Barclays Short Term High Yield Bond ETF SJNK 2.60%
 SPDR Blackstone/GSO Senior Loan ETF SRLN 2.60%
 PowerShares Senior Loan Portfolio BKLN 2.59%
 Highland/iBoxx Senior Loan ETF SNLN 2.56%
 VanEck Vectors J.P. Morgan EM Local Currency Bond ETF EMLC 2.38%
 PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund CORP 2.35%
 SPDR Bloomberg Barclays High Yield Bond ETF JNK 2.34%
 Vanguard Intermediate-Term Corporate Bond ETF VCIT 2.34%
 PowerShares Preferred Portfolio PGX 2.32%
 iShares 0-5 Year High Yield Corporate Bond ETF SHYG 2.31%
 First Trust Senior Loan Fund FTSL 2.30%
 SPDR Bloomberg Barclays TIPS ETF IPE 2.29%
 iShares U.S. Preferred Stock ETF PFF 2.29%
 First Trust Preferred Securities and Income ETF FPE 2.08%
 Vanguard Long-Term Government Bond ETF VGLT 2.06%
 SPDR Portfolio Intermediate Term Corporate Bond ETF SPIB 2.04%
 First Trust Tactical High Yield ETF HYLS 2.03%
 Vanguard Mortgage-Backed Securities ETF VMBS 2.02%
 First Trust Low Duration Opportunities ETF LMBS 2.01%
 SPDR Bloomberg Barclays Mortgage Backed Bond ETF MBG 2.01%
 iShares TIPS Bond ETF TIP 2.00%
 Lam Research Corporation LRCX 0.51%
 Applied Materials, Inc. AMAT 0.47%
 Nintendo Co., Ltd. (ADR) NTDOY 0.42%
 VMware, Inc. VMW 0.41%
 UnitedHealth Group Incorporated UNH 0.40%
 Electronic Arts Inc. EA 0.40%
 Cerner Corporation CERN 0.40%
 Raytheon Company RTN 0.40%
 Cognizant Technology Solutions Corporation CTSH 0.40%
 Facebook, Inc. (Class A) FB 0.40%
 Baxter International Inc. BAX 0.39%
 Northrop Grumman Corporation NOC 0.39%
 Wal-Mart Stores, Inc. WMT 0.38%
 Texas Instruments Incorporated TXN 0.38%
 Lockheed Martin Corporation LMT 0.38%
 Stanley Black & Decker, Inc. SWK 0.38%
 Valero Energy Corporation VLO 0.38%
 CME Group Inc. CME 0.38%
 Dollar General Corporation DG 0.38%
 Berkshire Hathaway Inc. (Class B) BRK/B 0.37%
 Marsh & McLennan Companies, Inc. MMC 0.37%
 Mohawk Industries, Inc. MHK 0.37%
 Anthem, Inc. ANTM 0.37%
 The Home Depot, Inc. HD 0.36%
 Tyson Foods, Inc. (Class A) TSN 0.36%
 Corning Incorporated GLW 0.36%
 Intel Corporation INTC 0.36%
 Novo Nordisk A/S (ADR) NVO 0.36%
 eBay Inc. EBAY 0.36%
 General Dynamics Corporation GD 0.36%
 Xcel Energy Inc. XEL 0.35%
 Skyworks Solutions, Inc. SWKS 0.35%
 Duke Energy Corporation DUK 0.34%
 Consolidated Edison, Inc. ED 0.34%
 Waste Management, Inc. WM 0.34%
 Southwest Airlines Co. LUV 0.34%
 Equity Residential EQR 0.34%
 The Travelers Companies, Inc. TRV 0.34%
 Enel SpA (ADR) ENLAY 0.34%
 Eversource Energy ES 0.33%
 Koninklijke Philips N.V. (NY Shares) PHG 0.33%
 Sempra Energy SRE 0.33%
 LVMH Moet Hennessy Louis Vuitton SE (ADR) LVMUY 0.33%
 Bayer AG (ADR) BAYRY 0.32%
 Ross Stores, Inc. ROST 0.32%
 Archer-Daniels-Midland Company ADM 0.31%
 Comcast Corporation (Class A) CMCSA 0.31%
 CVS Health Corporation CVS 0.31%
 Public Storage PSA 0.31%
 AvalonBay Communities, Inc. AVB 0.31%
 AXA S.A. (ADR) AXAHY 0.31%
 Rio Tinto Plc (ADR) RIO 0.31%
 Continental AG (ADR) CTTAY 0.31%
 Accenture Plc ACN 0.30%
 Costco Wholesale Corporation COST 0.30%
 NIKE, Inc. (Class B) NKE 0.30%
 Toyota Motor Corporation (ADR) TM 0.30%
 The TJX Companies, Inc. TJX 0.30%
 Welltower Inc. HCN 0.30%
 The Toronto-Dominion Bank TD 0.30%
 Canon Inc. (ADR) CAJ 0.30%
 AmerisourceBergen Corporation ABC 0.30%
 L'Oreal S.A. (ADR) LRLCY 0.30%
 Altria Group, Inc. MO 0.29%
 Nestle S.A. (ADR) NSRGY 0.29%
 Hormel Foods Corporation HRL 0.29%
 Royal Bank of Canada RY 0.29%
 Dr Pepper Snapple Group, Inc. DPS 0.29%
 LyondellBasell Industries N.V. LYB 0.29%
 The Walt Disney Company DIS 0.28%
 Express Scripts Holding Company ESRX 0.28%
 Chubb Limited CB 0.28%
 Deutsche Telekom AG (ADR) DTEGY 0.28%
 Canadian National Railway Company CNI 0.28%
 Molson Coors Brewing Company TAP 0.28%
 HCA Healthcare, Inc. HCA 0.28%
 PG&E Corporation PCG 0.27%
 Siemens AG (ADR) SIEGY 0.27%
 Eaton Corporation Plc ETN 0.27%
 Honda Motor Co., Ltd. (ADR) HMC 0.27%
 Bank of Montreal BMO 0.27%
 Orange (ADR) ORAN 0.27%
 Nissan Motor Co., Ltd. (ADR) NSANY 0.27%
 Nippon Telegraph and Telephone Corporation (ADR) NTTYY 0.27%
 NTT DOCOMO, Inc. (ADR) DCM 0.26%
 Swiss Re AG (ADR) SSREY 0.26%
 Medtronic Plc MDT 0.25%
 Cardinal Health, Inc. CAH 0.25%
 Ulta Beauty, Inc. ULTA 0.23%
 The Kroger Co. KR 0.22%
 NVR, Inc. NVR 0.20%
 Rockwell Collins, Inc. COL 0.18%
 Centene Corporation CNC 0.17%
 Rollins, Inc. ROL 0.17%
 Owens Corning OC 0.17%
 First American Financial Corporation FAF 0.17%
 ManpowerGroup Inc. MAN 0.16%
 Avery Dennison Corporation AVY 0.16%
 D.R. Horton, Inc. DHI 0.16%
 PVH Corp. PVH 0.16%
 Seaboard Corporation SEB 0.16%
 J.B. Hunt Transport Services, Inc. JBHT 0.15%
 Kansas City Southern KSU 0.15%
 Best Buy Co., Inc. BBY 0.15%
 Arrow Electronics, Inc. ARW 0.15%
 Eagle Materials Inc. EXP 0.15%
 Dolby Laboratories, Inc. DLB 0.15%
 WellCare Health Plans, Inc. WCG 0.15%
 National Beverage Corp. FIZZ 0.15%
 Huntington Ingalls Industries, Inc. HII 0.15%
 IDACORP, Inc. IDA 0.14%
 Atmos Energy Corporation ATO 0.14%
 Robert Half International Inc. RHI 0.14%
 Jack Henry & Associates, Inc. JKHY 0.14%
 MAXIMUS, Inc. MMS 0.14%
 Ameren Corporation AEE 0.14%
 Lennar Corporation LEN 0.14%
 Quanta Services, Inc. PWR 0.14%
 Great Plains Energy Incorporated GXP 0.14%
 CenterPoint Energy, Inc. CNP 0.14%
 Annaly Capital Management, Inc. NLY 0.14%
 MarketAxess Holdings Inc. MKTX 0.14%
 Cracker Barrel Old Country Store, Inc. CBRL 0.13%
 Casey's General Stores, Inc. CASY 0.13%
 Pinnacle West Capital Corporation PNW 0.13%
 Sonoco Products Company SON 0.13%
 Gentex Corporation GNTX 0.13%
 W.R. Berkley Corporation WRB 0.13%
 Old Republic International Corporation ORI 0.13%
 Darden Restaurants, Inc. DRI 0.13%
 The Toro Company TTC 0.13%
 Apartment Investment and Management Company AIV 0.13%
 Columbia Sportswear Company COLM 0.13%
 Henry Schein, Inc. HSIC 0.13%
 Skechers U.S.A., Inc. SKX 0.13%
 Portland General Electric Company POR 0.13%
 Erie Indemnity Company ERIE 0.13%
 Flowers Foods, Inc. FLO 0.12%
 Equity Commonwealth EQC 0.12%
 Church & Dwight Co., Inc. CHD 0.12%
 Williams-Sonoma, Inc. WSM 0.12%
 JetBlue Airways Corporation JBLU 0.12%
 Masimo Corporation MASI 0.12%
 EchoStar Corporation (Class A) SATS 0.12%
 FNF Group FNF 0.12%
 Universal Health Services, Inc. (Class B) UHS 0.11%
 Cirrus Logic, Inc. CRUS 0.11%
 Spectrum Brands Holdings, Inc. SPB 0.10%
 Werner Enterprises, Inc. WERN 0.09%
 Advanced Energy Industries, Inc. AEIS 0.09%
 Sanderson Farms, Inc. SAFM 0.09%
 Aaron's, Inc. AAN 0.09%
 2U, Inc. TWOU 0.09%
 MEDNAX, Inc. MD 0.08%
 Convergys Corporation CVG 0.08%
 AVX Corporation AVX 0.08%
 II-VI Incorporated IIVI 0.08%
 ICU Medical, Inc. ICUI 0.08%
 Avista Corporation AVA 0.08%
 Chesapeake Lodging Trust CHSP 0.08%
 Walker & Dunlop, Inc. WD 0.08%
 Herman Miller, Inc. MLHR 0.07%
 UniFirst Corporation UNF 0.07%
 Benchmark Electronics, Inc. BHE 0.07%
 ACI Worldwide, Inc. ACIW 0.07%
 Tech Data Corporation TECD 0.07%
 Universal Forest Products, Inc. UFPI 0.07%
 International Speedway Corporation ISCA 0.07%
 Plexus Corp. PLXS 0.07%
 Chemed Corporation CHE 0.07%
 MasTec, Inc. MTZ 0.07%
 Ryman Hospitality Properties, Inc. RHP 0.07%
 Big Lots, Inc. BIG 0.07%
 MFA Financial, Inc. MFA 0.07%
 Coca-Cola Bottling Co. Consolidated COKE 0.07%
 ALLETE, Inc. ALE 0.07%
 AMN Healthcare Services, Inc. AMN 0.07%
 The Greenbrier Companies, Inc. GBX 0.07%
 Healthcare Services Group, Inc. HCSG 0.07%
 Texas Roadhouse, Inc. TXRH 0.07%
 LaSalle Hotel Properties LHO 0.07%
 PS Business Parks, Inc. PSB 0.07%
 Eagle Bancorp, Inc. EGBN 0.07%
 Graham Holdings Company GHC 0.06%
 GameStop Corp. (Class A) GME 0.06%
 Sanmina Corporation SANM 0.06%
 Hecla Mining Company HL 0.06%
 AK Steel Holding Corporation AKS 0.06%
 Steelcase Inc. SCS 0.06%
 Dycom Industries, Inc. DY 0.06%
 LifePoint Health, Inc. LPNT 0.06%
 The Children's Place, Inc. PLCE 0.06%
 Manhattan Associates, Inc. MANH 0.06%
 Foot Locker, Inc. FL 0.06%
 J & J Snack Foods Corp. JJSF 0.06%
 FTI Consulting, Inc. FCN 0.06%
 InterDigital, Inc. IDCC 0.06%
 South Jersey Industries, Inc. SJI 0.06%
 NorthWestern Corporation NWE 0.06%
 Tutor Perini Corporation TPC 0.06%
 DSW Inc. DSW 0.06%
 Dorman Products, Inc. DORM 0.06%
 Apollo Commercial Real Estate Finance, Inc. ARI 0.06%
 RLJ Lodging Trust RLJ 0.06%
 Globus Medical, Inc. (Class A) GMED 0.06%
 Murphy USA Inc. MUSA 0.06%
 Cooper Tire & Rubber Company CTB 0.05%
 Sprouts Farmers Market, Inc. SFM 0.05%
 Black Knight, Inc. BKI 0.05%
 The Cheesecake Factory Incorporated CAKE 0.04%
 Weis Markets, Inc. WMK 0.04%
 
Total Number of Holdings:    236
Underlying Securities information represented above is as of 10/18/2017 but will vary with future fluctuations in the market.

Risk Considerations

Equity Risk. An investment in a portfolio containing common stocks is subject to certain risks, such as an economic recession and the possible deterioration of either the financial condition of the issuers of the equity securities or the general condition of the stock market.

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.

REITs Risk. An investment in a portfolio containing REIT securities is subject to additional risks including limited diversification. Companies involved in the real estate industry are subject to changes in the real estate market, vacancy rates and competition, volatile interest rates and economic recession.

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.

Small-Cap and Mid-Cap Risk. An investment in a portfolio containing small-cap and mid-cap companies is subject to additional risks, as the share prices of small-cap companies and certain mid-cap companies are often more volatile than those of larger companies due to several factors, including limited trading volumes, products, financial resources, management inexperience and less publicly available information.

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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