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Investment Grade Multi-Asset Income, 10-20 Year, 18  Ticker: FEDCMX
 
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: IGMA18
Portfolio Status: Secondary
Initial Offer Date: 05/26/2015
Secondary Date: 06/24/2015
Wtd Avg Maturity: 9.2
ELTR Life: 9.2
Tax Structure: Regulated Investment Company
 
Initial Offer Price: $1,210.8100
NAV(*): $919.9200
POP(*): Not Avail
PAR(*): $886.9000
Remaining Deferred Sales Charge: $0.0000
* As of Trade Date: 03/27/2024 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
33740B713 Monthly $2.9300 $50.0500
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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
02364WAJ4 60,000 AMERICA MOVIL SAB DE CV 6.375%, due 03/01/2035  A-   6.37500 03/01/2035M    
02765UDW1 110,000 AMERICAN MUNI PWR-OHIO INC OH TAXABLE-BABS, 7%, due 02/15/2035  A OH 7.00000 02/15/2035M    
02765UEH3 65,000 AMERICAN MUNI PWR-OHIO INC OH TAXABLE-COMB HYDROELEC PROJS-A, 7.734%, due 02/15/2033  A OH 7.73400 02/15/2033M    
035229DA8 100,000 ANHEUSER-BUSCH COS LLC 5.75%, due 04/01/2036  A-   5.75000 04/01/2036M    
20030NAC5 95,000 COMCAST CORP 7.05%, due 03/15/2033  A-   7.05000 03/15/2033M    
023551AM6 60,000 HESS CORP 7.125%, due 03/15/2033  BBB-   7.12500 03/15/2033M    
49151E7B3 75,000 KENTUCKY ST PROPERTY & BLDGS COMMN REV TAXABLE-BABS-SER C, 5.921%, due 11/01/2030  A KY 5.92100 11/01/2030M    
482480AF7 55,000 KLA CORP 5.65%, due 11/01/2034  A-   5.65000 11/01/2034M 07/01/2034 100.0000
500255AN4 100,000 KOHL'S CORPORATION 6%, due 01/15/2033  BB   6.00000 01/15/2033M    
593563AF6 80,000 MIAMI GARDENS FL CTFS PARTN TAXABLE-BABS, 7%, due 06/01/2032  A FL 7.00000 06/01/2032M    
607730AA6 75,000 MODESTO CA CITY SCHS JT PWRS AUTH LEASE REV N/C, TAXABLE-QUAL SCH CONSTR BDS-HIGH SCH PROJS, 7%, due 06/01/2027  NR CA 7.00000 06/01/2027M    
660043AG5 70,000 N HUDSON NJ SEWERAGE AUTH GROSS REV LEASE CTFS TAXABLE-SER B, 5.246%, due 06/01/2032  A+ NJ 5.24600 06/01/2032M    
64966HYM6 55,000 NEW YORK NY GO, TAXABLE-BABS, 5.968%, due 03/01/2036  AA NY 5.96800 03/01/2036M    
68389XAV7 40,000 ORACLE CORP 4.30%, due 07/08/2034  BBB   4.30000 07/08/2034M 01/08/2034 100.0000
702766FQ4 105,000 PASSAIC CNTY NJ UTILITIES AUTH SOL WST DISP REV TAXABLE-REF, 5%, due 03/01/2034  AA NJ 5.00000 03/01/2034M 04/25/2024 100.0000
747525AJ2 225,000 QUALCOMM INC 4.65%, due 05/20/2035  A   4.65000 05/20/2035M 11/20/2034 100.0000
013716AW5 80,000 RIO TINTO ALCAN INC 5.75%, due 06/01/2035  A   5.75000 06/01/2035M    
85732PCE8 65,000 STATE PUBLIC SCH BLDG AUTH PA TAXABLE-QUAL SCH CONST BDS-SER C, 5.088%, due 09/15/2029  NR PA 5.08800 09/15/2029M    
867229AC0 205,000 SUNCOR ENERGY INC 7.15%, due 02/01/2032  BBB   7.15000 02/01/2032M    
89352HAM1 30,000 TRANSCANADA PIPELINES 4.625%, due 03/01/2034  BBB+   4.62500 03/01/2034M 12/01/2033 100.0000
 
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.

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
33740B713 (Cash)
33740B721 (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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