Investment Grade Multi-Asset Income, Long-Term, 33  Ticker: FHEHXX
 
Description
This unit investment trust seeks current income and capital preservation by investing in a fixed portfolio of investment grade corporate bonds and taxable municipal bonds.
Please note that there is no assurance the objective will be met.
 
Summary
Product Code: MALT33
Portfolio Status: Secondary
Initial Offer Date: 02/18/2021
Secondary Date: 04/26/2021
Wtd Avg Maturity: 27.5
ELTR Life: 27.5
Tax Structure: Regulated Investment Company
 
Initial Offer Price: $1,154.4700
NAV(*): $1,102.7600
POP(*): $1,145.1600
PAR(*): $1,003.9000
Remaining Deferred Sales Charge: $0.0000
* As of Trade Date: 06/11/2021 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
33741B761 Monthly $0.5100 $35.7800 3.120% 2.846%


 Holdings  Export Current Holdings | View Initial Holdings  
CUSIPParDescriptionS&P RatingStCouponMaturity(M)
/Escrow(E)
/Refund(R)
Date
Next
Call Date
Call
Price
02209SBK8 225,000 ALTRIA GROUP INC 4.45%, due 05/06/2050  BBB   4.45000 05/06/2050M 11/06/2049 100.0000
02765UDN1 120,000 AMERICAN MUNI PWR-OHIO INC OH TAXABLE-BABS, 5.939%, due 02/15/2047  A OH 5.93900 02/15/2047M    
00206RKE1 225,000 AT&T INC 3.30%, due 02/01/2052  BBB   3.30000 02/01/2052M 08/01/2051 100.0000
05723KAF7 350,000 BAKER HUGHES LLC/CO-OBL 4.08%, due 12/15/2047  A-   4.08000 12/15/2047M 06/15/2047 100.0000
084659AR2 200,000 BERKSHIRE HATHAWAY ENERG 4.45%, due 01/15/2049  A-   4.45000 01/15/2049M 07/15/2048 100.0000
10373QBG4 225,000 BP CAP MARKETS AMERICA 3%, due 02/24/2050  A-   3.00000 02/24/2050M 08/24/2049 100.0000
20030NCM1 170,000 COMCAST CORP 4.70%, due 10/15/2048  A-   4.70000 10/15/2048M 04/15/2048 100.0000
30231GBG6 225,000 EXXON MOBIL CORPORATION 4.327%, due 03/19/2050  AA-   4.32700 03/19/2050M 09/19/2049 100.0000
49456BAQ4 225,000 KINDER MORGAN INC 5.20%, due 03/01/2048  BBB   5.20000 03/01/2048M 09/01/2047 100.0000
56678PBN6 225,000 MARICOPA CNTY AZ INDL DEV AUTH TAXABLE, 3.167%, due 09/01/2051  NR AZ 3.16700 09/01/2051M    
61255QAR7 225,000 MONTEREY PK CA PENSN OBLIG TAXABLE, 3.021%, due 06/01/2043  AA CA 3.02100 06/01/2043M 06/01/2031 100.0000
645790NF9 225,000 NEW JERSEY ST HLTH CARE FACS FING AUTH REV TAXABLE, 3.511%, due 07/01/2050  AA NJ 3.51100 07/01/2050M    
67066GAH7 225,000 NVIDIA CORP 3.50%, due 04/01/2050  A-   3.50000 04/01/2050M 10/01/2049 100.0000
68389XBX2 225,000 ORACLE CORP 3.60%, due 04/01/2050  A   3.60000 04/01/2050M 10/01/2049 100.0000
74432QCE3 125,000 PRUDENTIAL FINANCIAL INC 4.35%, due 02/25/2050  A   4.35000 02/25/2050M 08/25/2049 100.0000
798544BM3 400,000 SAN LUIS & DELTA-MENDOTA CA WTR AUTH TAXABLE, 3.20%, due 03/01/2045  NR CA 3.20000 03/01/2045M 03/01/2031 100.0000
828807DJ3 350,000 SIMON PROPERTY GROUP LP 3.80%, due 07/15/2050  A-   3.80000 07/15/2050M 01/15/2050 100.0000
87638QRJ0 225,000 TARRANT CNTY TX CULTURAL EDU FACS FIN CORP TAXABLE, 3.422%, due 09/01/2050  AA TX 3.42200 09/01/2050M 09/01/2030 100.0000
882667AZ1 350,000 TEXAS ST PRIV ACTIVITY BOND TAXABLE, 3.922%, due 12/31/2049  NR TX 3.92200 12/31/2049M    
91324PDF6 200,000 UNITEDHEALTH GROUP INC 3.75%, due 10/15/2047  A+   3.75000 10/15/2047M 04/15/2047 100.0000
384802AD6 200,000 WW GRAINGER INC 4.20%, due 05/15/2047  A+   4.20000 05/15/2047M 11/15/2046 100.0000
 
Total Number of Holdings:    21


Risk Considerations

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 COVID-19 global pandemic has resulted in major disruptions to economies and markets around the world. Financial markets have experienced extreme volatility and severe losses, negatively impacting global economic growth prospects. The duration of the COVID-19 outbreak and its effects cannot be determined with certainty and may exacerbate other political, social and economic risks.

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.

Taxable Bond Risk. Taxable bonds are subject to numerous risks including rising interest rates, economic recession, deterioration of the bond market, possible downgrades, increased volatility, reduced liquidity and defaults of interest and/or principal.

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 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.