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Dividend & Income Select Closed-End, 32  Ticker: FGIBSX
 
Description
The Dividend & Income Select Closed-End Portfolio is a unit investment trust that is comprised of a pool of closed-end funds which invest primarily in dividend-paying common stocks. A portion of those funds invest in common stocks and, on an ongoing basis, will sell covered call options. The portfolio seeks to provide above-average total return through a combination of capital appreciation and dividend income.
 
Summary
Product Code: DISL32
Portfolio Status: Secondary
Initial Offer Date: 05/01/2013
Secondary Date: 06/06/2013
Portfolio Ending Date: 05/04/2015
Tax Structure: RIC
Distributions: Monthly
 
Initial Offer Price: $10.0000
NAV(*): $9.8731
POP(*): $10.1785
* As of Trade Date: 08/19/2014 4:00pm ET

 Estimated Net Annual Distribution Per Unit
Estimated Net Annual Distribution Per Unit * $0.7644
As of 08/18/2014
* 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
 NASDAQ Premium Income & Growth Fund Inc. QQQX 4.07%
 Zweig Fund, Inc. ZF 4.02%
 Nuveen Core Equity Alpha Fund JCE 3.96%
 Gabelli Equity Trust, Inc. GAB 3.85%
 Liberty All-Star Equity Fund USA 3.81%
 Columbia Seligman Premium Technology Growth Fund Inc. STK 3.81%
 Calamos Strategic Total Return Fund CSQ 3.79%
 Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund ETW 3.74%
 AllianzGI NFJ Dividend, Interest & Premium Strategy Fund NFJ 3.70%
 Duff & Phelps Global Utility Income Fund Inc. DPG 3.69%
 Gabelli Multimedia Trust, Inc. GGT 3.63%
 Voya Infrastructure, Industrials and Materials Fund IDE 3.61%
 Eaton Vance Tax-Advantaged Dividend Income Fund EVT 3.60%
 Alpine Total Dynamic Dividend Fund AOD 3.58%
 Calamos Global Dynamic Income Fund CHW 3.54%
 Nuveen Tax-Advantaged Dividend Growth Fund JTD 3.53%
 Wells Fargo Advantage Global Dividend Opportunity Fund EOD 3.49%
 Voya Natural Resources Equity Income Fund IRR 3.46%
 Wells Fargo Advantage Utilities and High Income Fund ERH 3.46%
 Nuveen Global Equity Income Fund JGV 3.39%
 Voya Global Equity Dividend and Premium Opportunity Fund IGD 3.38%
 GAMCO Global Gold Natural Resources & Income Trust GGN 3.19%
 BlackRock Real Asset Equity Trust BCF 3.15%
 Cohen & Steers Select Preferred and Income Fund PSF 3.13%
 Royce Focus Trust, Inc. FUND 2.93%
 Voya Emerging Markets High Dividend Equity Fund IHD 2.91%
 Aberdeen Australia Equity Fund Inc. IAF 2.78%
 Nuveen Preferred Income Opportunities Fund JPC 2.57%
 Aberdeen Chile Fund, Inc. CH 2.15%
 
Total Number of Holdings:    29
Underlying Securities information represented above is as of 08/19/2014 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.

Investments in MLPs are subject to the risks generally applicable to companies in the energy and natural resources sectors, including commodity pricing risk, supply and demand risk, depletion risk and exploration risk. There are certain tax risks associated with MLPs, including the risk that U.S. taxing authorities could challenge the trust's treatment of the MLPs for federal income tax purposes. These tax risks could have a negative impact on the aftertax income available for distribution by the MLPs and/or the value of the trust's investments.

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.

Preferred stocks are equity securities of the issuing company which pay income in the form of dividends. Preferred stocks are typically subordinated to bonds and other debt instruments in a company�s capital structure, and therefore will be subject to greater credit risk than those debt instruments.

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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