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Investment Grade Multi-Asset Income, Long-Term, 15  Ticker: FNSKCX
 
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: MALT15
Portfolio Status: Secondary
Initial Offer Date: 01/27/2015
Secondary Date: 03/31/2015
Wtd Avg Maturity: 17.2
ELTR Life: 17.2
Tax Structure: Regulated Investment Company
 
Initial Offer Price: $1,217.3400
NAV(*): $965.3000
POP(*): Not Avail
PAR(*): $947.6000
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
33740B341 Monthly $3.1200 $50.7300
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 Holdings  Export Current Holdings | View Initial Holdings  
CUSIPParDescriptionS&P RatingStCouponMaturity(M)
/Escrow(E)
/Refund(R)
Date
Next
Call Date
Call
Price
03524BAF3 95,000 ANHEUSER-BUSCH INBEV FIN 4.625%, due 02/01/2044  A-   4.62500 02/01/2044M    
16772PAQ9 80,000 CHICAGO IL TRANSIT AUTH SALES TAXABLE-BABS, 6.20%, due 12/01/2040  AA IL 6.20000 12/01/2040M    
17239YMR0 100,000 CINCO TX MUNI UTIL DIST 1 CONTRACT REV TAXABLE-SER A, 4.50%, due 12/01/2033  AA TX 4.50000 12/01/2033M 04/26/2024 100.0000
35671DBC8 95,000 FREEPORT-MCMORAN C & G 5.45%, due 03/15/2043  BB+   5.45000 03/15/2043M 09/15/2042 100.0000
406216BA8 95,000 HALLIBURTON CO 4.50%, due 11/15/2041  BBB+   4.50000 11/15/2041M 05/15/2041 100.0000
46132FAC4 75,000 INVESCO FINANCE PLC 5.375%, due 11/30/2043  BBB+   5.37500 11/30/2043M    
46625HJU5 85,000 JPMORGAN CHASE & CO 4.85%, due 02/01/2044  A-   4.85000 02/01/2044M    
482092FD0 200,000 JURUPA CA CMNTY SVCS DIST CTFS PARTN TAXABLE-BABS-WATER BONDS, 7.192%, due 09/01/2040  AA+ CA 7.19200 09/01/2040M    
59156RBD9 100,000 METLIFE INC 4.125%, due 08/13/2042  A-   4.12500 08/13/2042M    
593563AC3 85,000 MIAMI GARDENS FL CTFS PARTN TAXABLE-BABS, 7%, due 06/01/2040  A FL 7.00000 06/01/2040M    
59333NSW4 80,000 MIAMI-DADE CNTY FL SPL OBLIG TAXABLE-BABS-RECOVERY ZONE ECON DEV-CAP ASSET ACQ-D, 7.50%, due 04/01/2040  AA FL 7.50000 04/01/2040M    
606092ET7 125,000 MISSOURI JT MUNI ELEC UTILITY TAXABLE-BABS, 6.89%, due 01/01/2042  NR MO 6.89000 01/01/2042M    
620076BE8 100,000 MOTOROLA SOLUTIONS INC 5.50%, due 09/01/2044  BBB   5.50000 09/01/2044M    
665250BW5 90,000 NTHRN IL MUNI PWR AGY PWR PROJ REV TAXABLE-BABS, 6.859%, due 01/01/2039  NR IL 6.85900 01/01/2039M    
718172AW9 120,000 PHILIP MORRIS INTL INC 4.125%, due 03/04/2043  A-   4.12500 03/04/2043M    
76720AAG1 110,000 RIO TINTO FIN USA PLC 4.125%, due 08/21/2042  A   4.12500 08/21/2042M 02/21/2042 100.0000
801155VM1 95,000 SANTA ANA CA UNIF SCH DIST TAXABLE-BABS-ELEC 2008, 7.10%, due 08/01/2040  NR CA 7.10000 08/01/2040M    
92812VCD6 35,000 VIRGINIA ST HSG DEV AUTH 4.666%, due 11/01/2044  AA+ VA 4.66600 11/01/2044M 04/26/2024 100.0000
92818AFB7 90,000 VIRGINIA ST RESOURCES AUTH INFRSTCTR REV TAXABLE-ST MORAL-VA POOLED FING PGM-SER B, 5.053%, due 11/01/2041  AA VA 5.05300 11/01/2041M    
95639RDX4 100,000 WEST VIRGINIA ST HGR EDU POLICY COMMN REV TAXABLE-BABS-SER B, 7.65%, due 04/01/2040  A+ WV 7.65000 04/01/2040M    
 
Total Number of Holdings:    20


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.

Insurance Risks. Certain of the securities in the trust are covered by insurance policies obtained by the issuers or underwriters of the bonds from insurance companies. There can be no assurance that any insurer will be able to satisfy its commitments in the event claims are made in the future.

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.

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.

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.

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
33740B341 (Cash)
33740B358 (Cash-Wrap)
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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, 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.
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First Trust Portfolios L.P.  Member SIPC and FINRA. (Form CRS)   •  First Trust Advisors L.P. (Form CRS)
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