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Covered Call Select Closed-End, 35  Ticker: FTWESX
 
Description
The Covered Call Select Closed-End Portfolio is a unit investment trust that is comprised of a pool of closed-end funds which invest primarily in common stocks which are subject to covered call options. The portfolio seeks to provide the potential for income and, to a lesser extent, capital appreciation.
 
Summary
Product Code: CC2Y35
Portfolio Status: Secondary
Initial Offer Date: 03/01/2013
Secondary Date: 05/03/2013
Portfolio Ending Date: 03/02/2015
Tax Structure: RIC
Distributions: Monthly
 
Initial Offer Price: $10.0000
NAV(*): $10.3271
POP(*): Not Avail
* As of Trade Date: 08/29/2014 4:00pm ET

 Estimated Net Annual Distribution Per Unit
Estimated Net Annual Distribution Per Unit * $0.8124
As of 08/25/2014
* 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
 Eaton Vance Enhanced Equity Income Fund II EOS 4.03%
 Eaton Vance Enhanced Equity Income Fund EOI 3.98%
 Cohen & Steers Global Income Builder Inc. INB 3.88%
 Eaton Vance Tax-Managed Buy-Write Opportunities Fund ETV 3.82%
 Dow 30 Enhanced Premium & Income Fund Inc. DPO 3.82%
 Eaton Vance Tax-Managed Diversified Equity Income Fund ETY 3.81%
 BlackRock Enhanced Capital and Income Fund, Inc. CII 3.78%
 AllianzGI NFJ Dividend, Interest & Premium Strategy Fund NFJ 3.69%
 Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund ETW 3.68%
 John Hancock Hedged Equity & Income Fund HEQ 3.62%
 Dow 30 Premium & Dividend Income Fund Inc. DPD 3.60%
 Eaton Vance Tax-Managed Buy-Write Income Fund ETB 3.60%
 Eaton Vance Tax-Managed Global Diversified Equity Income Fund EXG 3.60%
 Columbia Seligman Premium Technology Growth Fund Inc. STK 3.56%
 Madison Covered Call & Equity Strategy Fund MCN 3.53%
 Nuveen Equity Premium Advantage Fund JLA 3.50%
 BlackRock Enhanced Equity Dividend Trust BDJ 3.47%
 BlackRock Global Opportunities Equity Trust BOE 3.47%
 Eaton Vance Risk-Managed Diversified Equity Income Fund ETJ 3.46%
 Voya Global Equity Dividend and Premium Opportunity Fund IGD 3.42%
 Nuveen Equity Premium and Growth Fund JPG 3.42%
 Nuveen Equity Premium Opportunity Fund JSN 3.36%
 Nuveen Equity Premium Income Fund JPZ 3.34%
 BlackRock International Growth and Income Trust BGY 3.34%
 Voya Natural Resources Equity Income Fund IRR 3.32%
 Voya Global Advantage and Premium Opportunity Fund IGA 3.13%
 GAMCO Natural Resources Gold & Income Trust GNT 2.70%
 Guggenheim Enhanced Equity Income Fund GPM 1.93%
 Madison Strategic Sector Premium Fund MSP 1.52%
 
Total Number of Holdings:    29
Underlying Securities information represented above is as of 08/29/2014 but will vary with future fluctuations in the market.

An investment in an equity portfolio should be made with an understanding of the risks associated with an investment in common stocks including the risk that the financial condition of the issuers of the equities or the general condition of the stock market may worsen.

Closed-end funds 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 the funds 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, closed-end funds frequently trade at a discount to their net asset value in the secondary market. Certain closed-end funds may employ the use of leverage which increases the volatility of such funds.

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.

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.

Options are subject to various risks including that their value may be adversely affected if the market for the option becomes less liquid or smaller. In addition, options will be affected by changes in the value and dividend rates of the stock subject to the option, an increase in interest rates, a change in the actual and perceived volatility of the stock market and the common stock and the remaining time to expiration.

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.

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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