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 Opportunity, 5  Ticker: FWYJGX
 
Description
The Balanced Income Portfolio is a unit investment trust that seeks a high rate of current monthly income and the potential for long-term growth of principal by investing in a diversified portfolio of common stocks of companies which have above-average dividend yields and closed-end funds which invest in U.S. and foreign taxable bonds and/or preferred securities.
 
Summary
Product Code: BLIO5
Portfolio Status: Secondary
Initial Offer Date: 06/25/2018
Secondary Date: 09/21/2018
Portfolio Ending Date: 09/25/2019
Tax Structure: Regulated Investment Company
Distributions: Monthly
 
Initial Offer Price: $10.0000
NAV(*): $9.9731
POP(*): $10.1095
Remaining Deferred Sales Charge: $0.1350
* As of Trade Date: 09/21/2018 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 * $0.5040
Subsequent Years * $0.5028
As of 09/17/2018
* The estimated net annual distribution for subsequent years is expected to be less than the amount for the first year because a portion of the securities included in the portfolio will be sold to pay for organization costs, the deferred sales charge and the creation and development fee.  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
 Eaton Corporation Plc ETN 3.80%
 Cisco Systems, Inc. CSCO 3.70%
 JPMorgan Chase & Co. JPM 3.65%
 Amgen Inc. AMGN 3.64%
 Cummins Inc. CMI 3.63%
 Prudential Financial, Inc. PRU 3.54%
 Aberdeen Global Income Fund, Inc. FCO 3.53%
 Carnival Corporation CCL 3.46%
 Exelon Corporation EXC 3.45%
 Barings Global Short Duration High Yield Fund BGH 3.42%
 Nuveen Global High Income Fund JGH 3.34%
 BlackRock Core Bond Trust BHK 3.33%
 BlackRock Corporate High Yield Fund, Inc. HYT 3.29%
 Valero Energy Corporation VLO 3.28%
 Dreyfus High Yield Strategies Fund DHF 3.26%
 Western Asset Investment Grade Income Fund Inc. PAI 3.25%
 Ivy High Income Opportunities Fund IVH 3.23%
 Western Asset Premier Bond Fund WEA 3.22%
 John Hancock Income Securities Trust JHS 3.22%
 AbbVie Inc. ABBV 3.22%
 Invesco Bond Fund VBF 3.21%
 Credit Suisse High Yield Bond Fund DHY 3.19%
 Chevron Corporation CVX 3.19%
 Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. EDD 3.14%
 LyondellBasell Industries N.V. LYB 3.13%
 Broadcom Inc. AVGO 3.13%
 Templeton Emerging Markets Income Fund TEI 3.10%
 Aberdeen Asia-Pacific Income Fund, Inc. FAX 3.07%
 Intel Corporation INTC 2.91%
 General Motors Company GM 2.81%
 
Total Number of Holdings:    30
Underlying Securities information represented above is as of 09/21/2018 but will vary with future fluctuations in the market.

 Deferred Sales Charge Schedule
Amount Date
$0.04500 October 19, 2018
$0.04500 November 20, 2018
$0.04500 December 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.

Closed-End Fund Risk. 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.

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.

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.

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
30308V149 (Cash)
30308V156 (Reinvest)
30308V164 (Cash-Fee)
30308V172 (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.