Home   Logon   Mobile Site   Research and Commentary   About Us   Call 1.800.621.1675 or Email Us       Follow Us: 

Search by Ticker, Keyword or CUSIP       
 
 

Balanced Income Equity and ETF Opportunity, 1  Ticker: FLQPBX
 
Description
A unit investment trust that seeks current monthly income and capital appreciation by investing approximately 50% in common stocks of dividend paying U.S. companies and approximately 50% in exchange-traded funds (ETFs) which invest primarily in fixed income securities.
 
Summary
Product Code: BLPO1
Portfolio Status: Secondary
Initial Offer Date: 07/25/2017
Secondary Date: 10/19/2017
Portfolio Ending Date: 10/25/2018
Tax Structure: Regulated Investment Company
Distributions: Monthly
 
Initial Offer Price: $10.0000
NAV(*): $10.4749
POP(*): $10.6183
Remaining Deferred Sales Charge: $0.0900
* As of Trade Date: 11/21/2017 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.

 Estimated Net Annual Distribution Per Unit
Estimated Net Annual Distribution Per Unit * $0.3463
As of 11/20/2017
* 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
 Intel Corporation INTC 4.03%
 Wal-Mart Stores, Inc. WMT 3.93%
 AbbVie Inc. ABBV 3.93%
 The Boeing Company BA 3.90%
 General Motors Company GM 3.90%
 Valero Energy Corporation VLO 3.77%
 LyondellBasell Industries N.V. LYB 3.73%
 The Home Depot, Inc. HD 3.67%
 Cisco Systems, Inc. CSCO 3.56%
 Exelon Corporation EXC 3.45%
 JPMorgan Chase & Co. JPM 3.37%
 Johnson & Johnson JNJ 3.21%
 iShares International Aggregate Bond ETF IAGG 3.14%
 VanEck Vectors International High Yield Bond ETF IHY 3.13%
 SPDR Portfolio Long Term Corporate Bond ETF SPLB 3.12%
 VanEck Vectors Emerging Markets High Yield Bond ETF HYEM 3.12%
 iShares 10+ Year Credit Bond ETF CLY 3.11%
 Vanguard Long-Term Corporate Bond ETF VCLT 3.10%
 iShares Emerging Markets High Yield Bond ETF EMHY 3.09%
 iShares iBoxx $ Investment Grade Corporate Bond ETF LQD 3.08%
 iShares iBoxx $ High Yield Corporate Bond ETF HYG 3.08%
 PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund HYS 3.08%
 iShares 0-5 Year High Yield Corporate Bond ETF SHYG 3.08%
 SPDR Bloomberg Barclays High Yield Bond ETF JNK 3.07%
 Vanguard Intermediate-Term Corporate Bond ETF VCIT 3.07%
 PowerShares Global Short Term High Yield Bond Portfolio PGHY 3.07%
 Prudential Financial, Inc. PRU 3.06%
 VanEck Vectors J.P. Morgan EM Local Currency Bond ETF EMLC 3.02%
 Eaton Corporation Plc ETN 3.01%
 Cummins Inc. CMI 2.99%
 
Total Number of Holdings:    30
Underlying Securities information represented above is as of 11/20/2017 but will vary with future fluctuations in the market.

 Deferred Sales Charge Schedule
Amount Date
$0.04500 November 20, 2017
$0.04500 December 20, 2017
$0.04500 January 19, 2018

Risk Considerations

Equity Risk. An investment in a portfolio containing common stocks is subject to certain risks, such as an economic recession and the possible deterioration of either the financial condition of the issuers of the equity securities or the general condition of the stock market.

Emerging Markets Risk. 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.

ETF Risk. ETFs 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 ETFs 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, ETFs frequently trade at a discount from their net asset value in the secondary market. Certain ETFs may employ the use of leverage, which increases the volatility of such funds.

Foreign Securities Risk. 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.

High-Yield or Junk Bonds Risk. Investing in high-yield securities or "junk" bonds should be viewed as speculative and you should review your ability to assume the risks associated with investments which utilize such securities. High-yield securities are subject to numerous risks, including higher interest rates, economic recession, deterioration of the junk bond market, possible downgrades and defaults of interest and/or principal. High-yield security prices tend to fluctuate more than higher rated securities and are affected by short-term credit developments to a greater degree.

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.

IRA Risk. There may be tax consequences unless units are purchased in an IRA or other qualified plan.

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.

Additional Risk. For a discussion of additional risks of investing in the trust see the "Risk Factors" section of the prospectus.

Important Note. It is important to note that an investment can be made in the underlying funds directly rather than through the trust. These direct investments can be made without paying the trust's sales charge, operating expenses and organizational costs.

Although the portfolio terminates in approximately one year, the strategy is long-term. Investors should consider their ability to pursue investing in successive portfolios, if available. There may be tax consequences unless units are purchased in an IRA or other qualified plan.

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.

Fund Cusip Information
30304L384 (Cash)
30304L392 (Reinvest)
30304L400 (Cash-Fee)
30304L418 (Reinvest-Fee)
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 and the Internal Revenue Code. First Trust has no knowledge of and has not been provided any information regarding any investor. Financial advisors must determine whether particular investments are appropriate for their clients. First Trust believes the financial advisor is a fiduciary, is capable of evaluating investment risks independently and is responsible for exercising independent judgment with respect to its retirement plan clients.
First Trust Portfolios L.P.  Member SIPC and FINRA.
First Trust Advisors L.P.
Home |  Important Legal Information |  Privacy Policy |  Business Continuity Plan |  FINRA BrokerCheck
Copyright © 2017 All rights reserved.