Home Logon FTA Investment Managers Blog Subscribe About Us Contact Us

Search by Ticker, Keyword or CUSIP       
 
 

Investment Grade Multi-Asset Income, 10-20 Year, 11  Ticker: FJCHQX
 
Description
This unit investment trust seeks current income and capital preservation by investing in a fixed portfolio of investment grade corporate bonds and taxable municipal bonds.
Please note that there is no assurance the objective will be met.
 
Summary
Product Code: IGMA11
Portfolio Status: Secondary
Initial Offer Date: 05/06/2014
Secondary Date: 06/10/2014
Wtd Avg Maturity: 8.0
ELTR Life: 7.6
Tax Structure: Regulated Investment Company
 
Initial Offer Price: $1,198.7200
NAV(*): $900.1300
POP(*): Not Avail
PAR(*): $861.3000
Remaining Deferred Sales Charge: $0.0000
* As of Trade Date: 03/28/2024 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.

 Income Information
CUSIP Frequency / Distributions Accrued Interest Estimated Annual Income Estimated Current Return Estimated Long Term Return
33740A376 Monthly $3.0000 $49.0300
---
---


 Holdings  Export Current Holdings | View Initial Holdings  
CUSIPParDescriptionS&P RatingStCouponMaturity(M)
/Escrow(E)
/Refund(R)
Date
Next
Call Date
Call
Price
079860AK8 100,000 BELLSOUTH CORP 6%, due 11/15/2034  BBB   6.00000 11/15/2034M    
079860AD4 100,000 BELLSOUTH CORP 6.875%, due 10/15/2031  BBB   6.87500 10/15/2031M    
13063A5E0 85,000 CALIFORNIA ST GO, TAXABLE-BABS-VAR PURP, 7.50%, due 04/01/2034  AA- CA 7.50000 04/01/2034M    
167593AK8 110,000 CHICAGO IL O'HARE INTL ARPT REV TAXABLE-PASSENGER FAC-C, 6.322%, due 01/01/2028  A+ IL 6.32200 01/01/2028M    
20030NAC5 80,000 COMCAST CORP 7.05%, due 03/15/2033  A-   7.05000 03/15/2033M    
213185DV0 95,000 COOK CNTY IL GO, TAXABLE-BABS-SER D, 6.229%, due 11/15/2034  A+ IL 6.22900 11/15/2034M    
213185EX5 80,000 COOK CNTY IL GO, TAXABLE-SER C, 6.205%, due 11/15/2033  A+ IL 6.20500 11/15/2033M    
452152DT5 90,000 ILLINOIS ST GO, TAXABLE-BABS, 6.75%, due 03/01/2030  A- IL 6.75000 03/01/2030M    
458140AN0 85,000 INTEL CORP 4%, due 12/15/2032  A-   4.00000 12/15/2032M    
49151E2Q5 100,000 KENTUCKY ST PROPERTY & BLDGS COMMN REV TAXABLE-BABS-PROG NO 95, 6.573%, due 08/01/2029  A KY 6.57300 08/01/2029M    
517840U93 90,000 LAS VEGAS VLY NV WTR DIST LGO, TAXABLE-BABS-SER A, 5.60%, due 03/01/2031  AA NV 5.60000 03/01/2031M    
57582PUD0 125,000 MASSACHUSETTS ST LGO, TAXABLE-BABS-CONS LN, 5.306%, due 01/01/2030  AA+ MA 5.30600 01/01/2030M    
59259YCA5 105,000 MET TRANSPRTN AUTH NY REVENUE TAXABLE-BABS, 6.548%, due 11/15/2031  A- NY 6.54800 11/15/2031M    
593563AF6 40,000 MIAMI GARDENS FL CTFS PARTN TAXABLE-BABS, 7%, due 06/01/2032  A FL 7.00000 06/01/2032M    
6055804X4 80,000 MISSISSIPPI ST GO, TAXABLE-BABS, 5.669%, due 10/01/2034  AA MS 5.66900 10/01/2034M    
642170CR3 145,000 NEW BEDFORD MASS LGO, TAXABLE-ST QUAL-REMEDIATION-SER B, 4.50%, due 06/01/2032  NR MA 4.50000 06/01/2032M 04/26/2024 100.0000
65887PPT6 110,000 NORTH DAKOTA ST PUBLIC FIN AUTH TAXABLE-CAPITAL FING PROG-SER B, 4.50%, due 06/01/2034  AA- ND 4.50000 06/01/2034M 06/01/2024 100.0000
013716AU9 92,000 RIO TINTO ALCAN INC 6.125%, due 12/15/2033  A   6.12500 12/15/2033M    
777543TA7 65,000 ROSEMONT IL GO, TAXABLE-CORP PURP-SER B, 6.125%, due 12/01/2030  AA IL 6.12500 12/01/2030M    
842471BZ6 160,000 STHRN CA PUBLIC PWR AUTH NATURAL GAS PROJ REV REF-TAXABLE-PROJ A-ANAHEIM, 5.93%, due 07/01/2032  AA CA 5.93000 07/01/2032M    
87612EAF3 90,000 TARGET CORP 7%, due 07/15/2031  A   7.00000 07/15/2031M    
91911TAE3 75,000 VALE OVERSEAS LIMITED N/C, 8.25%, due 01/17/2034  BBB-   8.25000 01/17/2034M    
968657FV3 95,000 WILL CNTY IL GO, TAXABLE-BABS-RECOVERY ZONE ECON DEV-SER C, 5.609%, due 11/15/2030  AA+ IL 5.60900 11/15/2030M    
 
Total Number of Holdings:    23


Risk Considerations

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.

COVID-19 Economic Impact Risk. The ongoing effects of the COVID-19 global pandemic, or the potential impacts of any future public health crisis, may cause significant volatility and uncertainty in global financial markets. While vaccines have been developed, there is no guarantee that vaccines will be effective against future variants of the disease.

Foreign Securities Risk. Securities of non-U.S. issuers are subject to additional risks, including currency fluctuations, political risks, withholding, the lack of adequate financial information, and exchange control restrictions impacting non-U.S. issuers.

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.

Municipal Bonds Risk. Municipal bonds are subject to numerous risks, including higher interest rates, economic recession, deterioration of the municipal bond market, possible downgrades and defaults of interest and/or principal.

Municipal Securities 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. The markets for credit instruments, including municipal securities, have experienced periods of extreme illiquidity and volatility.

Taxable Bond Risk. Taxable bonds are subject to numerous risks including rising interest rates, economic recession, deterioration of the bond market, possible downgrades, increased volatility, reduced liquidity and defaults of interest and/or principal.

Operational Risk. As the use of Internet technology has become more prevalent in the course of business, the trust has become more susceptible to potential operational risks through breaches in cybersecurity.

Estimated current return is determined by dividing a Trust's estimated net annual interest income per unit by the public offering price per unit. Estimated long-term return is a measure of the estimated return over the estimated life of a Trust. Unlike estimated current return, estimated long-term return reflects maturities, estimated principal prepayments, Trust charges and expenses, and discounts and premiums of securities in a Trust. Returns and prices will fluctuate. Consult a prospectus for a more complete description of the estimated current return and estimated long-term return calculations.

Some of the information may have been obtained from third parties, including ratings from credit ratings agencies such as Standard & Poor's. Reproduction and distribution of third party content in any form is prohibited except with the prior written permission of the related third party. Third party content providers do not guarantee the accuracy, completeness, timeliness or availability of any information, including ratings, and are not responsible for any errors or omissions (negligent or otherwise), regardless of the cause, or for the results obtained from the use of such content. THIRD PARTY CONTENT PROVIDERS GIVE NO EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO, ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE. THIRD PARTY CONTENT PROVIDERS SHALL NOT BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, EXEMPLARY, COMPESATORY, PUNITIVE, SPECIAL OR CONSEQUENTIAL DAMAGES, COSTS, EXPENSES, LEGAL FEES, OR LOSSES (INCLUDING LOST INCOME OR PROFITS AND OPPORTUNITY COSTS) IN CONNECTION WITH ANY USE OF THEIR CONTENT, INCLUDING RATINGS. Credit ratings are statements of opinions and are not statements of fact or recommendations to purchase, hold or sell securities. They do not address the suitability of securities or the suitability of securities for investment purposes, and should not be relied on as investment advice. Please see the prospectus for a full description of the bond ratings.

You should carefully consider the trust's investment objectives, risks, and charges and expenses before investing. Contact your financial professional 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.

CUSIP identifiers have been provided by CUSIP Global Services, managed on behalf of the American Bankers Association by FactSet Research Systems Inc. and are not for use or dissemination in a manner that would serve as a substitute for any CUSIP service. The CUSIP Database, ©2024 CUSIP Global Services. "CUSIP" is a registered trademark of the American Bankers Association.

Fund Cusip Information
33740A376 (Cash)
33740A384 (Cash-Wrap)
Printer Friendly Page Printer Friendly Page

 
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, the Internal Revenue Code or any other regulatory framework. Financial professionals are responsible for evaluating investment risks independently and for exercising independent judgment in determining whether investments are appropriate for their clients.
Follow First Trust:  
First Trust Portfolios L.P.  Member SIPC and FINRA. (Form CRS)   •  First Trust Advisors L.P. (Form CRS)
Home |  Important Legal Information |  Privacy Policy |  California Privacy Policy |  Business Continuity Plan |  FINRA BrokerCheck
Copyright © 2024 All rights reserved.