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       
 
 

40/60 Strategic Allocation, 1st Qtr 2018  Ticker: FBMDUX
 
Description
A unit investment trust which seeks the potential for above-average total return by investing approximately 40% of its assets in common stocks which are selected by applying a disciplined investment strategy and 60% of its assets in exchange-traded funds which invest in fixed-income securities.
 
Summary
Product Code: 4S1Q18
Portfolio Status: Secondary
Initial Offer Date: 01/16/2018
Secondary Date: 04/12/2018
Portfolio Ending Date: 04/17/2019
Tax Structure: Regulated Investment Company
Distributions: Monthly
 
Initial Offer Price: $10.0000
NAV(*): $9.4159
POP(*): $9.5447
Remaining Deferred Sales Charge: $0.0900
* As of Trade Date: 04/24/2018 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 * $0.2734
As of 04/23/2018
* 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
 SPDR Blackstone/GSO Senior Loan ETF SRLN 2.80%
 First Trust Senior Loan Fund FTSL 2.78%
 SPDR Bloomberg Barclays Short Term High Yield Bond ETF SJNK 2.76%
 Vanguard Intermediate-Term Corporate Bond ETF VCIT 2.68%
 iShares Emerging Markets High Yield Bond ETF EMHY 2.68%
 Vanguard Long-Term Corporate Bond ETF VCLT 2.61%
 iShares 10+ Year Credit Bond ETF CLY 2.61%
 SPDR Portfolio Long Term Corporate Bond ETF SPLB 2.61%
 PowerShares Senior Loan Portfolio BKLN 2.48%
 iShares TIPS Bond ETF TIP 2.46%
 SPDR Bloomberg Barclays Convertible Securities ETF CWB 2.46%
 SPDR Bloomberg Barclays TIPS ETF IPE 2.45%
 Vanguard Mortgage-Backed Securities ETF VMBS 2.43%
 iShares U.S. Preferred Stock ETF PFF 2.42%
 PowerShares Preferred Portfolio PGX 2.42%
 VanEck Vectors J.P. Morgan EM Local Currency Bond ETF EMLC 2.42%
 First Trust Tactical High Yield ETF HYLS 2.42%
 Highland/iBoxx Senior Loan ETF SNLN 2.17%
 First Trust Low Duration Opportunities ETF LMBS 2.15%
 SPDR Portfolio Intermediate Term Corporate Bond ETF SPIB 2.12%
 iShares 7-10 Year Treasury Bond ETF IEF 2.11%
 First Trust Preferred Securities and Income ETF FPE 2.11%
 iShares 10-20 Year Treasury Bond ETF TLH 2.09%
 iShares iBoxx $ Investment Grade Corporate Bond ETF LQD 2.07%
 iShares Core 10+ Year USD Bond ETF ILTB 2.04%
 Intel Corporation INTC 0.41%
 Raytheon Company RTN 0.40%
 Micron Technology, Inc. MU 0.39%
 Northrop Grumman Corporation NOC 0.39%
 Valero Energy Corporation VLO 0.39%
 HCA Healthcare, Inc. HCA 0.38%
 NextEra Energy, Inc. NEE 0.37%
 The TJX Companies, Inc. TJX 0.37%
 General Dynamics Corporation GD 0.37%
 CME Group Inc. CME 0.37%
 PG&E Corporation PCG 0.36%
 Hormel Foods Corporation HRL 0.36%
 Newmont Mining Corporation NEM 0.36%
 Prologis, Inc. PLD 0.36%
 Intuitive Surgical, Inc. ISRG 0.36%
 UnitedHealth Group Incorporated UNH 0.35%
 Costco Wholesale Corporation COST 0.35%
 Northern Trust Corporation NTRS 0.35%
 Lam Research Corporation LRCX 0.35%
 Best Buy Co., Inc. BBY 0.35%
 Illumina, Inc. ILMN 0.35%
 Centene Corporation CNC 0.35%
 WEC Energy Group, Inc. WEC 0.34%
 Sysco Corporation SYY 0.34%
 Public Storage PSA 0.34%
 T-Mobile US, Inc. TMUS 0.34%
 Dollar General Corporation DG 0.34%
 Eversource Energy ES 0.33%
 The Allstate Corporation ALL 0.33%
 Anthem, Inc. ANTM 0.33%
 Verizon Communications Inc. VZ 0.32%
 Target Corporation TGT 0.32%
 Waste Management, Inc. WM 0.32%
 Applied Materials, Inc. AMAT 0.32%
 Express Scripts Holding Company ESRX 0.32%
 T. Rowe Price Group, Inc. TROW 0.32%
 Ross Stores, Inc. ROST 0.32%
 Amphenol Corporation APH 0.32%
 Facebook, Inc. (Class A) FB 0.32%
 Exxon Mobil Corporation XOM 0.31%
 FedEx Corporation FDX 0.31%
 Nucor Corporation NUE 0.31%
 Monster Beverage Corporation MNST 0.31%
 Tyson Foods, Inc. (Class A) TSN 0.30%
 Texas Instruments Incorporated TXN 0.30%
 Eni SpA (ADR) E 0.30%
 O'Reilly Automotive, Inc. ORLY 0.30%
 Mohawk Industries, Inc. MHK 0.30%
 Skyworks Solutions, Inc. SWKS 0.30%
 Ventas, Inc. VTR 0.29%
 Total S.A. (ADR) TOT 0.29%
 CVS Health Corporation CVS 0.29%
 Welltower Inc. WELL 0.29%
 Stanley Black & Decker, Inc. SWK 0.29%
 D.R. Horton, Inc. DHI 0.29%
 Dollar Tree, Inc. DLTR 0.29%
 NTT DOCOMO, Inc. (ADR) DCMYY 0.29%
 Orange (ADR) ORAN 0.29%
 Molson Coors Brewing Company TAP 0.29%
 Nintendo Co., Ltd. (ADR) NTDOY 0.29%
 Altria Group, Inc. MO 0.28%
 Corning Incorporated GLW 0.28%
 Cerner Corporation CERN 0.28%
 Cigna Corporation CI 0.28%
 Nissan Motor Co., Ltd. (ADR) NSANY 0.28%
 Suncor Energy Inc. SU 0.28%
 Nippon Telegraph and Telephone Corporation (ADR) NTTYY 0.28%
 L'Oreal S.A. (ADR) LRLCY 0.28%
 NIDEC Corporation (ADR) NJDCY 0.28%
 Rio Tinto Plc (ADR) RIO 0.27%
 TE Connectivity Ltd. TEL 0.27%
 Medtronic Plc MDT 0.26%
 Vodafone Group Plc (ADR) VOD 0.26%
 Toyota Motor Corporation (ADR) TM 0.26%
 Eaton Corporation Plc ETN 0.26%
 Honda Motor Co., Ltd. (ADR) HMC 0.26%
 Biogen Inc. BIIB 0.26%
 The Toronto-Dominion Bank TD 0.26%
 Lloyds Banking Group Plc (ADR) LYG 0.26%
 Accenture Plc ACN 0.26%
 Tokio Marine Holdings, Inc. (ADR) TKOMY 0.26%
 Hitachi, Ltd. (ADR) HTHIY 0.25%
 Bank of Montreal BMO 0.25%
 Canon Inc. (ADR) CAJ 0.25%
 Royal Bank of Canada RY 0.25%
 LyondellBasell Industries N.V. LYB 0.25%
 AXA S.A. (ADR) AXAHY 0.24%
 Novo Nordisk A/S (ADR) NVO 0.24%
 Komatsu Ltd. (ADR) KMTUY 0.24%
 Telstra Corporation Limited (ADR) TLSYY 0.22%
 ABIOMED, Inc. ABMD 0.19%
 F5 Networks, Inc. FFIV 0.16%
 IDACORP, Inc. IDA 0.15%
 Atmos Energy Corporation ATO 0.15%
 Akamai Technologies, Inc. AKAM 0.15%
 MKS Instruments, Inc. MKSI 0.15%
 Columbia Sportswear Company COLM 0.15%
 PVH Corp. PVH 0.15%
 Rollins, Inc. ROL 0.15%
 Old Dominion Freight Line, Inc. ODFL 0.15%
 Masimo Corporation MASI 0.15%
 Huntington Ingalls Industries, Inc. HII 0.15%
 Conagra Brands, Inc. CAG 0.14%
 Universal Health Services, Inc. (Class B) UHS 0.14%
 Landstar System, Inc. LSTR 0.14%
 MAXIMUS, Inc. MMS 0.14%
 Henry Schein, Inc. HSIC 0.14%
 FLIR Systems, Inc. FLIR 0.14%
 Reliance Steel & Aluminum Co. RS 0.14%
 ON Semiconductor Corporation ON 0.14%
 Seaboard Corporation SEB 0.14%
 CBRE Group, Inc. CBRE 0.14%
 Torchmark Corporation TMK 0.13%
 Pinnacle West Capital Corporation PNW 0.13%
 Arrow Electronics, Inc. ARW 0.13%
 Gentex Corporation GNTX 0.13%
 Expeditors International of Washington, Inc. EXPD 0.13%
 MEDNAX, Inc. MD 0.13%
 Reinsurance Group of America, Incorporated RGA 0.13%
 The Toro Company TTC 0.13%
 Ingredion Incorporated INGR 0.13%
 EMCOR Group, Inc. EME 0.13%
 Annaly Capital Management, Inc. NLY 0.13%
 WellCare Health Plans, Inc. WCG 0.13%
 First American Financial Corporation FAF 0.13%
 FNF Group FNF 0.13%
 PRA Health Sciences, Inc. PRAH 0.13%
 The Gap, Inc. GPS 0.12%
 Hologic, Inc. HOLX 0.12%
 Teradyne, Inc. TER 0.12%
 Williams-Sonoma, Inc. WSM 0.12%
 Quanta Services, Inc. PWR 0.12%
 Foot Locker, Inc. FL 0.12%
 JetBlue Airways Corporation JBLU 0.12%
 Carlisle Companies Incorporated CSL 0.12%
 Carter's, Inc. CRI 0.12%
 National Beverage Corp. FIZZ 0.12%
 Aramark ARMK 0.12%
 GCI Liberty, Inc. (Class A) GLIBA 0.12%
 Snap-on Incorporated SNA 0.11%
 Tech Data Corporation TECD 0.11%
 NVR, Inc. NVR 0.11%
 RPC, Inc. RES 0.11%
 Owens Corning OC 0.11%
 United Therapeutics Corporation UTHR 0.11%
 SYNNEX Corporation SNX 0.11%
 Skechers U.S.A., Inc. SKX 0.10%
 Pilgrim's Pride Corporation PPC 0.10%
 MGIC Investment Corporation MTG 0.09%
 Insperity, Inc. NSP 0.09%
 Thor Industries, Inc. THO 0.09%
 AMN Healthcare Services, Inc. AMN 0.09%
 BofI Holding, Inc. BOFI 0.09%
 Qualys, Inc. QLYS 0.09%
 RingCentral, Inc. (Class A) RNG 0.09%
 Urban Outfitters, Inc. URBN 0.08%
 Ciena Corporation CIEN 0.08%
 American Eagle Outfitters, Inc. AEO 0.08%
 FTI Consulting, Inc. FCN 0.08%
 Stamps.com Inc. STMP 0.08%
 The Boston Beer Company, Inc. SAM 0.08%
 Callon Petroleum Company CPE 0.08%
 LaSalle Hotel Properties LHO 0.08%
 Magellan Health, Inc. MGLN 0.08%
 Aaron's, Inc. AAN 0.08%
 American States Water Company AWR 0.07%
 Benchmark Electronics, Inc. BHE 0.07%
 Diamond Offshore Drilling, Inc. DO 0.07%
 Applied Industrial Technologies, Inc. AIT 0.07%
 The Cheesecake Factory Incorporated CAKE 0.07%
 International Speedway Corporation ISCA 0.07%
 Plexus Corp. PLXS 0.07%
 Spire Inc. SR 0.07%
 Convergys Corporation CVG 0.07%
 LifePoint Health, Inc. LPNT 0.07%
 Adtalem Global Education Inc. ATGE 0.07%
 Dick's Sporting Goods, Inc. DKS 0.07%
 Innospec Inc. IOSP 0.07%
 Evercore Inc. EVR 0.07%
 Apollo Commercial Real Estate Finance, Inc. ARI 0.07%
 Green Dot Corporation (Class A) GDOT 0.07%
 Cooper-Standard Holdings Inc. CPS 0.07%
 Matador Resources Company MTDR 0.07%
 Sprouts Farmers Market, Inc. SFM 0.07%
 Werner Enterprises, Inc. WERN 0.06%
 Hecla Mining Company HL 0.06%
 Universal Forest Products, Inc. UFPI 0.06%
 United Natural Foods, Inc. UNFI 0.06%
 Advanced Energy Industries, Inc. AEIS 0.06%
 Mercury Systems, Inc. MRCY 0.06%
 AVX Corporation AVX 0.06%
 J & J Snack Foods Corp. JJSF 0.06%
 Sanderson Farms, Inc. SAFM 0.06%
 Federated Investors, Inc. (Class B) FII 0.06%
 EnPro Industries, Inc. NPO 0.06%
 California Water Service Group CWT 0.06%
 Kronos Worldwide, Inc. KRO 0.06%
 Corcept Therapeutics Incorporated CORT 0.06%
 Piedmont Office Realty Trust, Inc. PDM 0.06%
 Retail Properties of America, Inc RPAI 0.06%
 Columbia Property Trust, Inc. CXP 0.06%
 Cooper Tire & Rubber Company CTB 0.05%
 GameStop Corp. (Class A) GME 0.05%
 American Woodmark Corporation AMWD 0.05%
 Finisar Corporation FNSR 0.05%
 Cirrus Logic, Inc. CRUS 0.05%
 II-VI Incorporated IIVI 0.05%
 Big Lots, Inc. BIG 0.05%
 The Children's Place, Inc. PLCE 0.05%
 Spirit Airlines, Inc. SAVE 0.05%
 
Total Number of Holdings:    235
Underlying Securities information represented above is as of 04/23/2018 but will vary with future fluctuations in the market.

 Deferred Sales Charge Schedule
Amount Date
$0.04500 April 20, 2018
$0.04500 May 18, 2018
$0.04500 June 20, 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.

Floating Rate Risk. Certain of the funds invest in floating-rate securities. A floating-rate security is an instrument in which the interest rate payable on the obligation fluctuates on a periodic basis based upon changes in an interest rate benchmark. As a result, the yield on such a security will generally decline in a falling interest rate environment, causing the trust to experience a reduction in the income it receives from such securities.

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.

Preferred Securities Risk. Preferred securities are equity securities of the issuing company which pay income in the form of dividends. Preferred securities 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.

REITs Risk. An investment in a portfolio containing REIT securities is subject to additional risks including limited diversification. Companies involved in the real estate industry are subject to changes in the real estate market, vacancy rates and competition, volatile interest rates and economic recession.

Senior Loans Risk. The yield on senior loans will generally decline in a falling interest rate environment and increase in a rising interest rate environment. Senior loans are generally below investment grade quality ("junk" bonds). An investment in senior loans involves the risk that the borrowers may default on their obligations to pay principal or interest when due.

Small-Cap and Mid-Cap Risk. An investment in a portfolio containing small-cap and mid-cap companies is subject to additional risks, as the share prices of small-cap companies and certain mid-cap companies are often more volatile than those of larger companies due to several factors, including limited trading volumes, products, financial resources, management inexperience and less publicly available information.

US Treasury Debt Instruments Risk. Debt instruments, such as U.S. Treasury obligations, are subject to numerous risks including higher interest rates, economic recession and deterioration of the bond market or investors' perceptions thereof.

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.

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 cyber security.

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
30306D307 (Cash)
30306D315 (Reinvest)
30306D323 (Cash-Fee)
30306D331 (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 © 2018 All rights reserved.