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40/60 Strategic Allocation, 4th Qtr 2018  Ticker: FETYOX
 
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: 4S4Q18
Portfolio Status: Secondary
Initial Offer Date: 10/11/2018
Secondary Date: 01/16/2019
Portfolio Ending Date: 01/16/2020
Tax Structure: Regulated Investment Company
Distributions: Monthly
 
Historical 12-Month Distribution Rate of Trust Holdings:^ 2.91%
Initial Offer Price: $10.0000
NAV(*): $9.9593
POP(*): $10.0956
Remaining Deferred Sales Charge: $0.0450
* As of Trade Date: 02/22/2019 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.
^There is no guarantee the issuers of the securities included in the trust will declare dividends or distributions in the future. The historical distribution rate of the securities included in the trust is for illustrative purposes only and is not indicative of the trust's distribution rate. The historical distribution rate is calculated by dividing the weighted average of the trailing twelve month distributions paid by the securities included in the portfolio by the trust's offering price and is reduced to account for the effects of fees and expenses which will be incurred when investing in a trust. Certain of the issuers may have reduced their dividends or distributions over the prior twelve months. The distribution rate paid by the trust may be higher or lower than the amount shown above due to certain factors that may include, but are not limited to, a change in the dividends or distributions paid by issuers, actual expenses incurred, or the sale of securities in the portfolio.

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolWeighting
 Vanguard Long-Term Corporate Bond ETF VCLT 2.76%
 SPDR Portfolio Long Term Corporate Bond ETF SPLB 2.76%
 SPDR Bloomberg Barclays High Yield Bond ETF JNK 2.70%
 iShares Preferred & Income Securities ETF PFF 2.70%
 First Trust Tactical High Yield ETF HYLS 2.69%
 First Trust Senior Loan Fund FTSL 2.64%
 Invesco Senior Loan ETF BKLN 2.63%
 SPDR Blackstone/GSO Senior Loan ETF SRLN 2.63%
 iShares iBoxx $ Investment Grade Corporate Bond ETF LQD 2.46%
 iShares Long-Term Corporate Bond ETF IGLB 2.45%
 Vanguard Mortgage-Backed Securities ETF VMBS 2.45%
 SPDR FTSE International Government Inflation-Protected Bond ETF WIP 2.44%
 SPDR Bloomberg Barclays TIPS ETF IPE 2.43%
 First Trust Low Duration Opportunities ETF LMBS 2.40%
 iShares 0-5 Year High Yield Corporate Bond ETF SHYG 2.39%
 First Trust Preferred Securities and Income ETF FPE 2.38%
 Highland/iBoxx Senior Loan ETF SNLN 2.30%
 iShares 10-20 Year Treasury Bond ETF TLH 2.21%
 VanEck Vectors J.P. Morgan EM Local Currency Bond ETF EMLC 2.21%
 iShares 7-10 Year Treasury Bond ETF IEF 2.19%
 iShares MBS ETF MBB 2.15%
 PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund CORP 2.14%
 iShares TIPS Bond ETF TIP 2.13%
 iShares International Aggregate Bond ETF IAGG 2.13%
 Schwab U.S. TIPS ETF SCHP 2.12%
 Starbucks Corporation SBUX 0.41%
 VMware, Inc. VMW 0.40%
 Dollar Tree, Inc. DLTR 0.39%
 AutoZone, Inc. AZO 0.38%
 Xcel Energy Inc. XEL 0.37%
 Eversource Energy ES 0.37%
 Comcast Corporation (Class A) CMCSA 0.37%
 Regeneron Pharmaceuticals, Inc. REGN 0.37%
 Dollar General Corporation DG 0.37%
 Union Pacific Corporation UNP 0.36%
 Cintas Corporation CTAS 0.36%
 WEC Energy Group, Inc. WEC 0.36%
 NextEra Energy, Inc. NEE 0.36%
 Waste Management, Inc. WM 0.36%
 Fiserv, Inc. FISV 0.36%
 T-Mobile US, Inc. TMUS 0.36%
 Norfolk Southern Corporation NSC 0.35%
 The Clorox Company CLX 0.35%
 Aflac Incorporated AFL 0.35%
 Paychex, Inc. PAYX 0.35%
 Verizon Communications Inc. VZ 0.34%
 Tyson Foods, Inc. (Class A) TSN 0.34%
 CSX Corporation CSX 0.34%
 Hormel Foods Corporation HRL 0.34%
 HCA Healthcare, Inc. HCA 0.34%
 Facebook, Inc. (Class A) FB 0.34%
 UnitedHealth Group Incorporated UNH 0.33%
 The Walt Disney Company DIS 0.33%
 ONEOK, Inc. OKE 0.33%
 Micron Technology, Inc. MU 0.33%
 Public Storage PSA 0.33%
 Intercontinental Exchange, Inc. ICE 0.33%
 McCormick & Company, Incorporated MKC 0.32%
 Costco Wholesale Corporation COST 0.32%
 W.W. Grainger, Inc. GWW 0.32%
 The Allstate Corporation ALL 0.32%
 Berkshire Hathaway Inc. (Class B) BRK/B 0.32%
 Ross Stores, Inc. ROST 0.32%
 CME Group Inc. CME 0.32%
 AT&T Inc. T 0.31%
 Pfizer Inc. PFE 0.31%
 Sysco Corporation SYY 0.31%
 Southwest Airlines Co. LUV 0.31%
 The TJX Companies, Inc. TJX 0.31%
 Raytheon Company RTN 0.31%
 Novo Nordisk A/S (ADR) NVO 0.31%
 Rio Tinto Plc (ADR) RIO 0.31%
 ABIOMED, Inc. ABMD 0.31%
 L'Oreal S.A. (ADR) LRLCY 0.31%
 Exxon Mobil Corporation XOM 0.30%
 Cerner Corporation CERN 0.30%
 Prudential Financial, Inc. PRU 0.30%
 Cigna Corporation CI 0.30%
 Novartis AG (ADR) NVS 0.29%
 Dassault Systemes S.E. (ADR) DASTY 0.29%
 Archer-Daniels-Midland Company ADM 0.28%
 Kellogg Company K 0.28%
 Target Corporation TGT 0.28%
 Best Buy Co., Inc. BBY 0.28%
 Thomson Reuters Corporation TRI 0.28%
 Phillips 66 PSX 0.28%
 Toyota Motor Corporation (ADR) TM 0.27%
 Canadian Pacific Railway Limited CP 0.27%
 National Grid Plc (ADR) NGG 0.27%
 Tokio Marine Holdings, Inc. (ADR) TKOMY 0.27%
 Eaton Corporation Plc ETN 0.26%
 Hitachi, Ltd. (ADR) HTHIY 0.26%
 Honda Motor Co., Ltd. (ADR) HMC 0.26%
 The Toronto-Dominion Bank TD 0.26%
 Canadian National Railway Company CNI 0.26%
 Royal Bank of Canada RY 0.26%
 Accenture Plc ACN 0.26%
 Nippon Telegraph and Telephone Corporation (ADR) NTTYY 0.26%
 EOG Resources, Inc. EOG 0.25%
 Eni SpA (ADR) E 0.25%
 Bank of Montreal BMO 0.25%
 Canon Inc. (ADR) CAJ 0.25%
 Valero Energy Corporation VLO 0.25%
 Constellation Brands, Inc. (Class A) STZ 0.25%
 Nissan Motor Co., Ltd. (ADR) NSANY 0.25%
 AXA S.A. (ADR) AXAHY 0.24%
 NTT DOCOMO, Inc. (ADR) DCMYY 0.24%
 Suncor Energy Inc. SU 0.24%
 NIDEC Corporation (ADR) NJDCY 0.24%
 Total S.A. (ADR) TOT 0.23%
 Sony Corporation (ADR) SNE 0.22%
 British American Tobacco Plc (ADR) BTI 0.22%
 Concho Resources Inc. CXO 0.22%
 CenturyLink, Inc. CTL 0.21%
 Fresenius Medical Care AG & Co. KGaA (ADR) FMS 0.21%
 Ciena Corporation CIEN 0.19%
 Erie Indemnity Company ERIE 0.17%
 Insperity, Inc. NSP 0.16%
 Church & Dwight Co., Inc. CHD 0.16%
 Cincinnati Financial Corporation CINF 0.15%
 Casey's General Stores, Inc. CASY 0.15%
 OGE Energy Corp. OGE 0.15%
 MAXIMUS, Inc. MMS 0.15%
 MKS Instruments, Inc. MKSI 0.15%
 CDW Corporation CDW 0.15%
 Liberty Broadband Corporation (Class C) LBRDK 0.15%
 Cable One, Inc. CABO 0.15%
 Universal Health Services, Inc. (Class B) UHS 0.14%
 The J.M. Smucker Company SJM 0.14%
 Credit Acceptance Corporation CACC 0.14%
 Lancaster Colony Corporation LANC 0.14%
 Kansas City Southern KSU 0.14%
 ManpowerGroup Inc. MAN 0.14%
 Alaska Air Group, Inc. ALK 0.14%
 Expeditors International of Washington, Inc. EXPD 0.14%
 Darden Restaurants, Inc. DRI 0.14%
 NVR, Inc. NVR 0.14%
 D.R. Horton, Inc. DHI 0.14%
 MSC Industrial Direct Co., Inc. (Class A) MSM 0.14%
 Rollins, Inc. ROL 0.14%
 JetBlue Airways Corporation JBLU 0.14%
 Reliance Steel & Aluminum Co. RS 0.14%
 World Wrestling Entertainment, Inc. WWE 0.14%
 Knight-Swift Transportation Holdings Inc. KNX 0.14%
 Ulta Beauty, Inc. ULTA 0.14%
 J.B. Hunt Transport Services, Inc. JBHT 0.13%
 Newell Brands Inc. NWL 0.13%
 Atmos Energy Corporation ATO 0.13%
 AptarGroup, Inc. ATR 0.13%
 Landstar System, Inc. LSTR 0.13%
 Reinsurance Group of America, Incorporated RGA 0.13%
 F5 Networks, Inc. FFIV 0.13%
 Bio-Rad Laboratories, Inc. (Class A) BIO 0.13%
 ICU Medical, Inc. ICUI 0.13%
 Annaly Capital Management, Inc. NLY 0.13%
 Carter's, Inc. CRI 0.13%
 Texas Roadhouse, Inc. TXRH 0.13%
 United Therapeutics Corporation UTHR 0.13%
 AGNC Investment Corp. AGNC 0.13%
 First American Financial Corporation FAF 0.13%
 ONE Gas, Inc. OGS 0.13%
 Ollie's Bargain Outlet Holdings, Inc. OLLI 0.13%
 Torchmark Corporation TMK 0.12%
 Snap-on Incorporated SNA 0.12%
 Jack Henry & Associates, Inc. JKHY 0.12%
 American Eagle Outfitters, Inc. AEO 0.12%
 EchoStar Corporation (Class A) SATS 0.12%
 Encompass Health Corporation EHC 0.11%
 Thor Industries, Inc. THO 0.11%
 WellCare Health Plans, Inc. WCG 0.11%
 Green Dot Corporation (Class A) GDOT 0.11%
 MEDNAX, Inc. MD 0.10%
 Conagra Brands, Inc. CAG 0.09%
 National Beverage Corp. FIZZ 0.09%
 Spirit Airlines, Inc. SAVE 0.09%
 Performance Food Group Company PFGC 0.09%
 American National Insurance Company ANAT 0.08%
 Cracker Barrel Old Country Store, Inc. CBRL 0.08%
 Telephone and Data Systems, Inc. TDS 0.08%
 Insight Enterprises, Inc. NSIT 0.08%
 International Speedway Corporation ISCA 0.08%
 United States Cellular Corporation USM 0.08%
 Sanderson Farms, Inc. SAFM 0.08%
 Federated Investors, Inc. (Class B) FII 0.08%
 PS Business Parks, Inc. PSB 0.08%
 SYNNEX Corporation SNX 0.08%
 Exponent, Inc. EXPO 0.08%
 Genomic Health, Inc. GHDX 0.08%
 Zynga Inc. ZNGA 0.08%
 Parsley Energy, Inc. (Class A) PE 0.08%
 PennyMac Financial Services, Inc. PFSI 0.08%
 Werner Enterprises, Inc. WERN 0.07%
 Graham Holdings Company GHC 0.07%
 Equity Commonwealth EQC 0.07%
 Spire Inc. SR 0.07%
 Cirrus Logic, Inc. CRUS 0.07%
 American Axle & Manufacturing Holdings, Inc. AXL 0.07%
 J & J Snack Foods Corp. JJSF 0.07%
 Silgan Holdings Inc. SLGN 0.07%
 Brooks Automation, Inc. BRKS 0.07%
 Steven Madden, Ltd. SHOO 0.07%
 Dick's Sporting Goods, Inc. DKS 0.07%
 AMN Healthcare Services, Inc. AMN 0.07%
 NorthWestern Corporation NWE 0.07%
 Amedisys, Inc. AMED 0.07%
 Covanta Holding Corporation CVA 0.07%
 LHC Group, Inc. LHCG 0.07%
 Bank of Hawaii Corporation BOH 0.07%
 Invesco Mortgage Capital Inc. IVR 0.07%
 Aaron's, Inc. AAN 0.07%
 AMC Networks Inc. (Class A) AMCX 0.07%
 Retail Properties of America, Inc. RPAI 0.07%
 Murphy USA Inc. MUSA 0.07%
 AppFolio, Inc. (Class A) APPF 0.07%
 Houlihan Lokey, Inc. HLI 0.07%
 Dillard's, Inc. (Class A) DDS 0.06%
 The Cheesecake Factory Incorporated CAKE 0.06%
 FTI Consulting, Inc. FCN 0.06%
 ManTech International Corporation MANT 0.06%
 KBR, Inc. KBR 0.06%
 AeroVironment, Inc. AVAV 0.06%
 Balchem Corporation BCPC 0.06%
 Hawaiian Holdings, Inc. HA 0.06%
 Two Harbors Investment Corp. TWO 0.06%
 Sprouts Farmers Market, Inc. SFM 0.06%
 Lumentum Holdings Inc. LITE 0.06%
 Myriad Genetics, Inc. MYGN 0.05%
 The Children's Place, Inc. PLCE 0.05%
 CNX Resources Corporation CNX 0.05%
 Gulfport Energy Corporation GPOR 0.05%
 Dave & Buster's Entertainment, Inc. PLAY 0.05%
 REGENXBIO Inc. RGNX 0.05%
 RPC, Inc. RES 0.04%
 Callon Petroleum Company CPE 0.04%
 Medifast, Inc. MED 0.04%
 
Total Number of Holdings:    235
Underlying Securities information represented above is as of 02/21/2019 but will vary with future fluctuations in the market.

 Deferred Sales Charge Schedule
Amount Date
$0.04500 January 18, 2019
$0.04500 February 20, 2019
$0.04500 March 20, 2019

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.

Mortgage-Backed Securities Risk. Rising interest rates tend to extend the duration of mortgage-backed securities, making them more sensitive to changes in interest rates, and may reduce the market value of the securities. In addition, mortgage-backed securities are subject to prepayment risk, the risk that borrowers may pay off their mortgages sooner than expected, particularly when interest rates decline.

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.

Term Risk - 15 months. Although this unit investment trust terminates in approximately 15 months, 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.

TIPS Risk. TIPS are subject to numerous risks including changes in interest rates, economic recession and deterioration of the bond market or investors' perception thereof.

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.

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
30310A307 (Cash)
30310A315 (Reinvest)
30310A323 (Cash-Fee)
30310A331 (Reinvest-Fee)
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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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