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Balanced Income Equity and ETF, 25  Ticker: FIVMKX
 
Description
A unit investment trust that seeks current monthly income and capital appreciation by investing approximately 50% in common stocks of dividend paying U.S. companies and approximately 50% in exchange-traded funds (ETFs) which invest primarily in fixed income securities.
 
Summary
Product Code: BLPS25
Portfolio Status: Secondary
Initial Offer Date: 03/28/2017
Secondary Date: 05/23/2017
Portfolio Ending Date: 03/28/2019
Tax Structure: Regulated Investment Company
Distributions: Monthly
 
Initial Offer Price: $10.0000
NAV(*): $9.6015
POP(*): $9.9446
Remaining Deferred Sales Charge: $0.2450
* As of Trade Date: 05/24/2017 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 * $0.3437
Subsequent Years * $0.3423
As of 05/22/2017
* The estimated net annual distribution for subsequent years is expected to be less than the amount for the first year because a portion of the securities included in the portfolio will be sold to pay for organization costs, the deferred sales charge and the creation and development fee.  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
 Wal-Mart Stores, Inc. WMT 3.68%
 The Boeing Company BA 3.47%
 Microsoft Corporation MSFT 3.47%
 Cummins Inc. CMI 3.43%
 PowerShares International Corporate Bond Portfolio PICB 3.41%
 iShares Global High Yield Corporate Bond ETF GHYG 3.40%
 iShares iBoxx $ High Yield Corporate Bond ETF HYG 3.37%
 SPDR Bloomberg Barclays High Yield Bond ETF JNK 3.37%
 iShares 10+ Year Credit Bond ETF CLY 3.37%
 VanEck Vectors International High Yield Bond ETF IHY 3.37%
 Intel Corporation INTC 3.36%
 PowerShares Fundamental High Yield Corporate Bond Portfolio PHB 3.35%
 SPDR Bloomberg Barclays Long Term Corporate Bond ETF LWC 3.35%
 iShares 0-5 Year High Yield Corporate Bond ETF SHYG 3.35%
 Prudential Financial, Inc. PRU 3.34%
 Johnson & Johnson JNJ 3.33%
 iShares iBoxx $ Investment Grade Corporate Bond ETF LQD 3.33%
 PowerShares Emerging Markets Sovereign Debt Portfolio PCY 3.33%
 Vanguard Long-Term Corporate Bond ETF VCLT 3.33%
 VanEck Vectors Emerging Markets High Yield Bond ETF HYEM 3.33%
 SPDR Bloomberg Barclays Short Term High Yield Bond ETF SJNK 3.33%
 Chevron Corporation CVX 3.32%
 PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund CORP 3.32%
 AbbVie Inc. ABBV 3.29%
 JPMorgan Chase & Co. JPM 3.26%
 Valero Energy Corporation VLO 3.19%
 General Motors Company GM 3.18%
 Cisco Systems, Inc. CSCO 3.06%
 LyondellBasell Industries N.V. LYB 3.06%
 Verizon Communications Inc. VZ 3.04%
 
Total Number of Holdings:    30
Underlying Securities information represented above is as of 05/24/2017 but will vary with future fluctuations in the market.

 Deferred Sales Charge Schedule
Amount Date
$0.08160 July 20, 2017
$0.08170 August 18, 2017
$0.08170 September 20, 2017

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.

Buy & Hold Risk – Taxable Trusts. This UIT is a buy and hold strategy and investors should consider their ability to hold the trust until maturity. There may be tax consequences unless units are purchased in an IRA or other qualified plan.

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.

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.

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.

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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