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40/60 Strategic Allocation, 1st Qtr 2020  Ticker: FONGBX
 
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.
Please note that there is no assurance the objective will be met.
 
Summary
Product Code: 4S1Q20
Portfolio Status: Secondary
Initial Offer Date: 01/14/2020
Secondary Date: 04/14/2020
Portfolio Ending Date: 04/16/2021
Tax Structure: Regulated Investment Company
Distributions: Monthly
 
Initial Offer Price: $10.0000
NAV(*): $9.6197
POP(*): $9.7513
Remaining Deferred Sales Charge: $0.0000
* As of Trade Date: 08/12/2020 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.

 Historical 12-Month Distribution of Trust Holdings:^
Rate (as of 8/12/2020) Per Unit (as of 8/10/2020)
2.50% $0.24370
^ There is no guarantee the issuers of the securities included in the trust will declare dividends or distributions in the future. The historical 12-month distribution per unit and historical 12-month distribution rate of the securities included in the trust are for illustrative purposes only and are not indicative of the trust's distribution or distribution rate. Due to the negative economic impact across many industries caused by the recent COVID-19 outbreak, certain issuers of the securities included in the trust may elect to reduce the amount of dividends and/or distributions paid in the future. As a result, the "Historical 12-Month Distribution Rate of Trust Holdings," which is based on the trailing twelve-month distributions paid by the securities included in a trust, will likely be higher, and in some cases significantly higher, than the actual distribution rate achieved by the trust. The historical 12-month distribution per unit is based on the weighted average of the trailing twelve month distributions paid by the securities included in the portfolio. The historical 12-month distribution rate is calculated by dividing the historical 12-month distributions by the trust's offering price. The historical 12-month distribution and rate are 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 per unit and 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. For trusts that include funds, distributions may include realized short term capital gains, realized long-term capital gains and/or return of capital. PLEASE NOTE: For trusts that hold preferred securities, the historical distribution rate is calculated using only the holdings that have 12 months of distribution history. Any holdings without a 12 month history of dividends were excluded from the calculation.

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolWeighting
 SPDR Portfolio Long Term Corporate Bond ETF SPLB 2.97%
 SPDR Wells Fargo Preferred Stock ETF PSK 2.66%
 iShares Long-Term Corporate Bond ETF IGLB 2.63%
 First Trust Senior Loan Fund FTSL 2.63%
 SPDR Bloomberg Barclays Short Term High Yield Bond ETF SJNK 2.62%
 SPDR Bloomberg Barclays High Yield Bond ETF JNK 2.61%
 Invesco Senior Loan ETF BKLN 2.61%
 SPDR Blackstone/GSO Senior Loan ETF SRLN 2.60%
 iShares Intermediate-Term Corporate Bond ETF IGIB 2.56%
 Vanguard Intermediate-Term Corporate Bond ETF VCIT 2.56%
 VanEck Vectors J.P. Morgan EM Local Currency Bond ETF EMLC 2.51%
 iShares MBS ETF MBB 2.48%
 Vanguard Mortgage-Backed Securities ETF VMBS 2.48%
 SPDR Portfolio Mortgage Backed Bond ETF SPMB 2.48%
 First Trust Low Duration Opportunities ETF LMBS 2.43%
 SPDR Bloomberg Barclays Emerging Markets Local Bond ETF EBND 2.32%
 iShares 0-5 Year High Yield Corporate Bond ETF SHYG 2.30%
 SPDR Portfolio TIPS ETF SPIP 2.29%
 iShares iBoxx $ Investment Grade Corporate Bond ETF LQD 2.28%
 iShares Broad USD Investment Grade Corporate Bond ETF USIG 2.24%
 Vanguard Short-Term Inflation-Protected Securities Index Fund VTIP 2.19%
 Vanguard Total International Bond ETF BNDX 2.18%
 iShares Short Treasury Bond ETF SHV 2.13%
 First Trust Tactical High Yield ETF HYLS 2.07%
 First Trust Preferred Securities and Income ETF FPE 2.04%
 Regeneron Pharmaceuticals, Inc. REGN 0.55%
 Newmont Corporation NEM 0.50%
 T-Mobile US, Inc. TMUS 0.49%
 Equinix, Inc. EQIX 0.45%
 Electronic Arts Inc. EA 0.43%
 Dollar General Corporation DG 0.43%
 Monster Beverage Corporation MNST 0.43%
 Cummins Inc. CMI 0.42%
 Air Products and Chemicals, Inc. APD 0.41%
 Vertex Pharmaceuticals Incorporated VRTX 0.40%
 Cintas Corporation CTAS 0.39%
 PACCAR Inc PCAR 0.39%
 Best Buy Co., Inc. BBY 0.39%
 Twitter, Inc. TWTR 0.39%
 UnitedHealth Group Incorporated UNH 0.38%
 Costco Wholesale Corporation COST 0.38%
 Hormel Foods Corporation HRL 0.38%
 Eli Lilly and Company LLY 0.37%
 Target Corporation TGT 0.37%
 Deere & Company DE 0.37%
 T. Rowe Price Group, Inc. TROW 0.36%
 NIKE, Inc. (Class B) NKE 0.35%
 Copart, Inc. CPRT 0.35%
 Centene Corporation CNC 0.35%
 Iberdrola S.A. (ADR) IBDRY 0.35%
 Alphabet Inc. (Class A) GOOGL 0.35%
 PepsiCo, Inc. PEP 0.34%
 The Estee Lauder Companies Inc. EL 0.34%
 Biogen Inc. BIIB 0.34%
 Edwards Lifesciences Corporation EW 0.34%
 The Hershey Company HSY 0.33%
 Nintendo Co., Ltd. (ADR) NTDOY 0.33%
 Schneider Electric SE (ADR) SBGSY 0.33%
 Lockheed Martin Corporation LMT 0.32%
 Anthem, Inc. ANTM 0.32%
 Linde Plc LIN 0.32%
 Duke Energy Corporation DUK 0.31%
 Stryker Corporation SYK 0.31%
 Sony Corporation (ADR) SNE 0.31%
 The TJX Companies, Inc. TJX 0.31%
 Public Storage PSA 0.31%
 Novo Nordisk A/S (ADR) NVO 0.31%
 Alexion Pharmaceuticals, Inc. ALXN 0.31%
 VMware, Inc. VMW 0.31%
 L'Oreal S.A. (ADR) LRLCY 0.31%
 Cigna Corporation CI 0.31%
 Northrop Grumman Corporation NOC 0.30%
 Shin-Etsu Chemical Co., Ltd. (ADR) SHECY 0.30%
 HCA Healthcare, Inc. HCA 0.30%
 Micron Technology, Inc. MU 0.29%
 L3Harris Technologies Inc. LHX 0.29%
 Intel Corporation INTC 0.28%
 Roche Holding AG (ADR) RHHBY 0.28%
 Rio Tinto Plc (ADR) RIO 0.28%
 Dassault Systemes S.E. (ADR) DASTY 0.28%
 KDDI Corporation (ADR) KDDIY 0.28%
 AT&T Inc. T 0.27%
 Automatic Data Processing, Inc. ADP 0.27%
 Nippon Telegraph and Telephone Corporation (ADR) NTTYY 0.27%
 Ross Stores, Inc. ROST 0.26%
 Chevron Corporation CVX 0.26%
 Walgreens Boots Alliance, Inc. WBA 0.26%
 Honda Motor Co., Ltd. (ADR) HMC 0.25%
 Muenchener Rueckversicherungs-Gesellschaft AG (MunichRe) (ADR) MURGY 0.25%
 Henkel AG & Co. KGaA (ADR) HENKY 0.25%
 Tyson Foods, Inc. (Class A) TSN 0.24%
 Sysco Corporation SYY 0.24%
 Fifth Third Bancorp FITB 0.24%
 adidas AG (ADR) ADDYY 0.24%
 Vinci S.A. (ADR) VCISY 0.24%
 Volkswagen AG (ADR) VWAGY 0.24%
 Enbridge Inc. ENB 0.23%
 EssilorLuxottica S.A. (ADR) ESLOY 0.23%
 Southwest Airlines Co. LUV 0.22%
 ViacomCBS Inc. VIAC 0.22%
 ConocoPhillips COP 0.22%
 M&T Bank Corporation MTB 0.22%
 Equinor ASA EQNR 0.22%
 The Bank of Nova Scotia BNS 0.22%
 Industria de Diseno Textil, S.A. (ADR) IDEXY 0.22%
 Exxon Mobil Corporation XOM 0.21%
 British American Tobacco Plc (ADR) BTI 0.21%
 BNP Paribas S.A. (ADR) BNPQY 0.21%
 Quidel Corporation QDEL 0.21%
 Total SE (ADR) TOT 0.20%
 EOG Resources, Inc. EOG 0.20%
 Molina Healthcare, Inc. MOH 0.19%
 Watsco, Inc. WSO 0.19%
 RH RH 0.19%
 Teradyne, Inc. TER 0.18%
 D.R. Horton, Inc. DHI 0.18%
 Take-Two Interactive Software, Inc. TTWO 0.18%
 Entegris, Inc. ENTG 0.18%
 Amedisys, Inc. AMED 0.18%
 LHC Group, Inc. LHCG 0.18%
 Erie Indemnity Company ERIE 0.18%
 Eni SpA (ADR) E 0.17%
 Delta Air Lines, Inc. DAL 0.17%
 E*TRADE Financial Corporation ETFC 0.16%
 Exelixis, Inc. EXEL 0.16%
 Knight-Swift Transportation Holdings Inc. KNX 0.16%
 Expeditors International of Washington, Inc. EXPD 0.15%
 PulteGroup, Inc. PHM 0.15%
 NVR, Inc. NVR 0.15%
 Arthur J. Gallagher & Co. AJG 0.15%
 Landstar System, Inc. LSTR 0.15%
 Royal Dutch Shell Plc (ADR) RDS/A 0.15%
 Fortinet, Inc. FTNT 0.15%
 Lancaster Colony Corporation LANC 0.14%
 W.W. Grainger, Inc. GWW 0.14%
 MAXIMUS, Inc. MMS 0.14%
 Henry Schein, Inc. HSIC 0.14%
 Suncor Energy Inc. SU 0.14%
 Lincoln Electric Holdings, Inc. LECO 0.14%
 Casey's General Stores, Inc. CASY 0.13%
 Snap-on Incorporated SNA 0.13%
 ONEOK, Inc. OKE 0.13%
 EQT Corporation EQT 0.13%
 Dick's Sporting Goods, Inc. DKS 0.13%
 Avangrid, Inc. AGR 0.13%
 Nucor Corporation NUE 0.12%
 Encompass Health Corporation EHC 0.12%
 Gentex Corporation GNTX 0.12%
 Steel Dynamics, Inc. STLD 0.12%
 Oshkosh Corporation OSK 0.12%
 MSC Industrial Direct Co., Inc. (Class A) MSM 0.12%
 Reliance Steel & Aluminum Co. RS 0.12%
 Acuity Brands, Inc. AYI 0.12%
 Lithia Motors, Inc. LAD 0.12%
 First American Financial Corporation FAF 0.12%
 MDU Resources Group, Inc. MDU 0.11%
 Columbia Sportswear Company COLM 0.11%
 East West Bancorp, Inc. EWBC 0.11%
 Foot Locker, Inc. FL 0.11%
 Carter's, Inc. CRI 0.11%
 First Citizens BancShares, Inc. (Class A) FCNCA 0.11%
 Ulta Beauty, Inc. ULTA 0.11%
 Old Republic International Corporation ORI 0.10%
 Mohawk Industries, Inc. MHK 0.10%
 CNX Resources Corporation CNX 0.10%
 Curtiss-Wright Corporation CW 0.10%
 Meritage Homes Corporation MTH 0.10%
 NewMarket Corporation NEU 0.10%
 Arena Pharmaceuticals, Inc. ARNA 0.10%
 Arrowhead Pharmaceuticals, Inc. ARWR 0.10%
 TopBuild Corp. BLD 0.10%
 Lattice Semiconductor Corporation LSCC 0.09%
 Omnicom Group Inc. OMC 0.09%
 UFP Industries Inc. UFPI 0.09%
 Zions Bancorporation ZION 0.09%
 Saia, Inc. SAIA 0.09%
 National Beverage Corp. FIZZ 0.09%
 Central Garden & Pet Company (Class A) CENTA 0.09%
 Parsley Energy, Inc. (Class A) PE 0.09%
 Performance Food Group Company PFGC 0.09%
 Werner Enterprises, Inc. WERN 0.08%
 Murphy Oil Corporation MUR 0.08%
 Regal Beloit Corporation RBC 0.08%
 Simpson Manufacturing Co., Inc. SSD 0.08%
 Cimarex Energy Co. XEC 0.08%
 JetBlue Airways Corporation JBLU 0.08%
 LCI Industries LCII 0.08%
 Rush Enterprises, Inc. (Class A) RUSHA 0.08%
 Concho Resources Inc. CXO 0.08%
 Exponent, Inc. EXPO 0.08%
 TRI Pointe Group, Inc. TPH 0.08%
 Houlihan Lokey, Inc. HLI 0.08%
 HMS Holdings Corp. HMSY 0.07%
 M.D.C. Holdings, Inc. MDC 0.07%
 Plexus Corp. PLXS 0.07%
 United States Cellular Corporation USM 0.07%
 PVH Corp. PVH 0.07%
 PriceSmart, Inc. PSMT 0.07%
 National Fuel Gas Company NFG 0.07%
 ABM Industries Incorporated ABM 0.07%
 Hub Group, Inc. HUBG 0.07%
 Texas Roadhouse, Inc. TXRH 0.07%
 Cohen & Steers, Inc. CNS 0.07%
 Interactive Brokers Group, Inc. (Class A) IBKR 0.07%
 Stepan Company SCL 0.07%
 Diamondback Energy, Inc. FANG 0.07%
 BMC Stock Holdings, Inc. BMCH 0.07%
 Telephone and Data Systems, Inc. TDS 0.06%
 Marathon Oil Corporation MRO 0.06%
 Equity Commonwealth EQC 0.06%
 Brady Corporation BRC 0.06%
 American Eagle Outfitters, Inc. AEO 0.06%
 Diodes Incorporated DIOD 0.06%
 Evercore Inc. EVR 0.06%
 Walker & Dunlop, Inc. WD 0.06%
 Bank OZK OZK 0.06%
 Otter Tail Corporation OTTR 0.05%
 Graham Holdings Company GHC 0.05%
 United States Steel Corporation X 0.05%
 Vishay Intertechnology, Inc. VSH 0.05%
 Urban Outfitters, Inc. URBN 0.05%
 Insight Enterprises, Inc. NSIT 0.05%
 Wolverine World Wide, Inc. WWW 0.05%
 J & J Snack Foods Corp. JJSF 0.05%
 Sanderson Farms, Inc. SAFM 0.05%
 Seacoast Banking Corporation of Florida SBCF 0.05%
 Renasant Corporation RNST 0.05%
 Steven Madden, Ltd. SHOO 0.04%
 Umpqua Holdings Corporation UMPQ 0.04%
 PDC Energy, Inc. PDCE 0.04%
 Inter Parfums, Inc. IPAR 0.04%
 Matador Resources Company MTDR 0.04%
 NMI Holdings, Inc. (Class A) NMIH 0.04%
 Spirit Airlines, Inc. SAVE 0.03%
 
Total Number of Holdings:    234
Underlying Securities information represented above is as of 08/12/2020 but will vary with future fluctuations in the market.

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.

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.

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.

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.

Large-Cap Risk. Large capitalization companies may grow at a slower rate than the overall market.

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.

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 cybersecurity.

You should carefully consider the trust's investment objectives, risks, and charges and expenses before investing. Contact your financial professional 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
30312Q847 (Cash)
30312Q854 (Reinvest)
30312Q862 (Cash-Fee)
30312Q870 (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, the Internal Revenue Code or any other regulatory framework. Financial professionals 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. (Form CRS)   •  First Trust Advisors L.P. (Form CRS)
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