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Corporate Investment Grade, 3-7 Year,11  Ticker: FZHCEX
 
Description
This unit investment trust seeks current income and capital preservation by investing in a portfolio of investment grade corporate bonds.
Please note that there is no assurance the objective will be met.
 
Summary
Product Code: CI3711
Portfolio Status: Secondary
Initial Offer Date: 11/14/2019
Secondary Date: 01/14/2020
Wtd Avg Maturity: 4.3
ELTR Life: 4.3
Tax Structure: Regulated Investment Company
 
Initial Offer Price: $1,093.3300
NAV(*): $1,050.1600
POP(*): $1,077.1100
PAR(*): $999.5000
Remaining Deferred Sales Charge: $0.0000
* As of Trade Date: 06/02/2020 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
30309D593 Monthly $2.5600 $38.3100 3.560% 1.912%


 Holdings  Export Current Holdings | View Initial Holdings  
CUSIPParDescriptionS&P RatingStCouponMaturity(M)
/Escrow(E)
/Refund(R)
Date
Next
Call Date
Call
Price
040555CQ5 200,000 ARIZONA PUBLIC SERVICE 3.35%, due 06/15/2024  A-   3.35000 06/15/2024M 03/15/2024 100.0000
00206RHS4 200,000 AT&T INC 3.60%, due 07/15/2025  BBB   3.60000 07/15/2025M 04/15/2025 100.0000
05329WAN2 200,000 AUTONATION INC 3.50%, due 11/15/2024  BBB-   3.50000 11/15/2024M 09/15/2024 100.0000
06051GFF1 200,000 BANK OF AMERICA CORP N/C, 4%, due 04/01/2024  A-   4.00000 04/01/2024M    
096630AD0 200,000 BOARDWALK PIPELINES LP 4.95%, due 12/15/2024  BBB-   4.95000 12/15/2024M 09/15/2024 100.0000
15089QAJ3 200,000 CELANESE US HOLDINGS LLC 3.50%, due 05/08/2024  BBB-   3.50000 05/08/2024M 04/08/2024 100.0000
279158AK5 200,000 ECOPETROL SA 4.125%, due 01/16/2025  BBB-   4.12500 01/16/2025M    
26875PAM3 200,000 EOG RESOURCES INC 3.15%, due 04/01/2025  A-   3.15000 04/01/2025M 01/01/2025 100.0000
26884UAB5 200,000 EPR PROPERTIES 4.50%, due 04/01/2025  BBB-   4.50000 04/01/2025M 01/01/2025 100.0000
37045XCR5 200,000 GENERAL MOTORS FINL CO 5.10%, due 01/17/2024  BBB   5.10000 01/17/2024M 12/17/2023 100.0000
373298CF3 200,000 GEORGIA-PACIFIC LLC 8%, due 01/15/2024  A+   8.00000 01/15/2024M    
38148LAE6 200,000 GOLDMAN SACHS GROUP INC 3.75%, due 05/22/2025  BBB+   3.75000 05/22/2025M 02/22/2025 100.0000
443510AG7 200,000 HUBBELL INC 3.35%, due 03/01/2026  BBB+   3.35000 03/01/2026M 12/01/2025 100.0000
494550BV7 200,000 KINDER MORGAN ENER PART 4.25%, due 09/01/2024  BBB   4.25000 09/01/2024M 06/01/2024 100.0000
529043AD3 200,000 LEXINGTON REALTY TRUST 4.40%, due 06/15/2024  BBB-   4.40000 06/15/2024M 03/15/2024 100.0000
559222AQ7 95,000 MAGNA INTERNATIONAL INC 3.625%, due 06/15/2024  A-   3.62500 06/15/2024M 03/15/2024 100.0000
606822BD5 200,000 MITSUBISHI UFJ FIN GRP N/C, 3.407%, due 03/07/2024  A-   3.40700 03/07/2024M    
620076AH2 150,000 MOTOROLA SOLUTIONS INC 7.50%, due 05/15/2025  BBB-   7.50000 05/15/2025M    
674599CH6 200,000 OCCIDENTAL PETROLEUM CORP 3.40%, due 04/15/2026  BB+   3.40000 04/15/2026M 01/15/2026 100.0000
686330AL5 200,000 ORIX CORP N/C, 4.05%, due 01/16/2024  A-   4.05000 01/16/2024M    
747525AF0 140,000 QUALCOMM Incorporated 3.45%, due 05/20/2025  A-   3.45000 05/20/2025M 02/20/2025 100.0000
80283LAJ2 200,000 Santander UK PLC 4%, due 03/13/2024  A   4.00000 03/13/2024M    
860630AD4 175,000 STIFEL FINANCIAL CORP 4.25%, due 07/18/2024  BBB-   4.25000 07/18/2024M    
887389AJ3 200,000 TIMKEN CO 3.875%, due 09/01/2024  BBB-   3.87500 09/01/2024M 06/01/2024 100.0000
95000U2C6 200,000 WELLS FARGO & COMPANY 3.75%, due 01/24/2024  A-   3.75000 01/24/2024M 12/22/2023 100.0000
 
Total Number of Holdings:    25


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.

COVID-19 Economic Impact Risk. The recent outbreak of a respiratory disease designated as COVID-19 was first detected in China in December 2019. The global economic impact of the COVID-19 outbreak is impossible to predict but is expected to disrupt manufacturing, supply chains and sales in affected areas and negatively impact global economic growth prospects. The COVID-19 outbreak has also caused significant volatility and declines in global financial markets, which have caused losses for investors. The impact of the COVID-19 outbreak may be short term or may last for an extended period of time, and in either case could result in a substantial economic downturn or recession.

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 cybersecurity.

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
30309D544 (Cash-Wrap)
30309D593 (Cash)
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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, the Internal Revenue Code or any other regulatory framework. Financial advisors are responsible for evaluating investment risks independently and for exercising independent judgment in determining whether investments are appropriate for their clients.
First Trust Portfolios L.P.  Member SIPC and FINRA.
First Trust Advisors L.P.
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