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Corporate Investment Grade, 3-7 Year, 5  Ticker: FJSIPX
 
Description
This unit investment trust seeks current income and capital preservation by investing in a portfolio of investment grade corporate bonds.
 
Summary
Product Code: CI375
Portfolio Status: Secondary
Initial Offer Date: 08/14/2018
Secondary Date: 10/12/2018
Wtd Avg Maturity: 4.8
ELTR Life: 4.8
Tax Structure: Regulated Investment Company
 
Initial Offer Price: $1,030.4400
NAV(*): $991.1700
POP(*): $1,016.5800
PAR(*): $1,000.0000
Remaining Deferred Sales Charge: $0.0000
* As of Trade Date: 10/18/2018 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.

 Income Information
CUSIP Frequency / Distributions Accrued Interest Estimated Annual Income Estimated Current Return Estimated Long Term Return
30309V189 Monthly $1.2200 $36.4300 3.580% 3.309%


 Holdings  Export Current Holdings | View Initial Holdings  
CUSIPParDescriptionS&P RatingStCouponMaturity(M)
/Escrow(E)
/Refund(R)
Date
Next
Call Date
Call
Price
00751YAC0 200,000 ADVANCE AUTO PARTS 4.50%, due 12/01/2023  BBB-   4.50000 12/01/2023M 09/01/2023 100.0000
02209SAP8 200,000 ALTRIA GROUP INC N/C, 2.95%, due 05/02/2023  A-   2.95000 05/02/2023M    
042735BG4 100,000 ARROW ELECTRONICS INC 3.25%, due 09/08/2024  BBB-   3.25000 09/08/2024M 07/08/2024 100.0000
042735BC3 100,000 ARROW ELECTRONICS INC 4.50%, due 03/01/2023  BBB-   4.50000 03/01/2023M 12/01/2022 100.0000
06051GEU9 200,000 BANK OF AMERICA CORP N/C, 3.30%, due 01/11/2023  A-   3.30000 01/11/2023M    
096630AC2 100,000 BOARDWALK PIPELINES LP 3.375%, due 02/01/2023  BBB-   3.37500 02/01/2023M 11/01/2022 100.0000
05565QCJ5 200,000 BP CAPITAL MARKETS PLC 3.994%, due 09/26/2023  A-   3.99400 09/26/2023M    
23355LAC0 200,000 DXC TECHNOLOGY CO 4.25%, due 04/15/2024  BBB   4.25000 04/15/2024M 02/15/2024 100.0000
313747AU1 195,000 FEDERAL REALTY INVS TRST 3.95%, due 01/15/2024  A-   3.95000 01/15/2024M 10/15/2023 100.0000
33938EAS6 200,000 FLEXTRONICS INTL LTD 5%, due 02/15/2023  BBB-   5.00000 02/15/2023M    
37045XCF1 200,000 GENERAL MOTORS FINL CO 3.25%, due 01/05/2023  BBB   3.25000 01/05/2023M 12/05/2022 100.0000
375558AW3 200,000 GILEAD SCIENCES INC 3.70%, due 04/01/2024  A   3.70000 04/01/2024M 01/01/2024 100.0000
459745GN9 200,000 INTL LEASE FINANCE CORP N/C, 5.875%, due 08/15/2022  BBB-   5.87500 08/15/2022M    
472319AL6 200,000 JEFFERIES GROUP LLC 5.125%, due 01/20/2023  BBB-   5.12500 01/20/2023M    
24422ESP5 200,000 JOHN DEERE CAPITAL CORP N/C, 3.35%, due 06/12/2024  A   3.35000 06/12/2024M    
49456BAM3 200,000 KINDER MORGAN INC 3.15%, due 01/15/2023  BBB-   3.15000 01/15/2023M 12/15/2022 100.0000
55261FAJ3 200,000 M&T BANK CORPORATION 3.55%, due 07/26/2023  A-   3.55000 07/26/2023M 06/26/2023 100.0000
606822BA1 200,000 MITSUBISHI UFJ FIN GRP N/C, 3.761%, due 07/26/2023  A-   3.76100 07/26/2023M    
67077MAC2 200,000 NUTRIEN LTD 3.625%, due 03/15/2024  BBB   3.62500 03/15/2024M 12/15/2023 100.0000
681936BJ8 200,000 OMEGA HLTHCARE INVESTORS 4.375%, due 08/01/2023  BBB-   4.37500 08/01/2023M 06/01/2023 100.0000
69371RP59 200,000 PACCAR FINANCIAL CORP N/C, 3.40%, due 08/09/2023  A+   3.40000 08/09/2023M    
81618TAE0 200,000 SELECT INCOME REIT 4.25%, due 05/15/2024  BBB-   4.25000 05/15/2024M 02/15/2024 100.0000
81721MAK5 200,000 SENIOR HOUSING PROPERTIES TRUST 4.75%, due 05/01/2024  BBB-   4.75000 05/01/2024M 11/01/2023 100.0000
86562MAX8 200,000 SUMITOMO MITSUI FINL GRP N/C, 3.102%, due 01/17/2023  A-   3.10200 01/17/2023M    
959802AX7 200,000 THE WESTERN UNION CO 4.25%, due 06/09/2023  BBB   4.25000 06/09/2023M 05/09/2023 100.0000
89114QC48 200,000 TORONTO-DOMINION BANK N/C, 3.50%, due 07/19/2023  AA-   3.50000 07/19/2023M    
89641UAA9 200,000 TRINITY ACQUISITION PLC 4.625%, due 08/15/2023  BBB   4.62500 08/15/2023M    
 
Total Number of Holdings:    27


Risk Considerations

Corporate Bond Risk. An investment in a portfolio containing corporate bonds is subject to certain risks, including higher interest rates, economic recession, deterioration of the bond market or investors' perception thereof, possible downgrades and defaults of interest and/or principal.

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.

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.

Financials Risk. The companies engaged in the financials sector are subject to the adverse effects of volatile interest rates, economic recession, decreases in the availability of capital, increased competition from new entrants in the field, and potential increased regulation.

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.

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.

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.

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.

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 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
30309V189 (Cash)
30309V197 (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 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.
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