Covered Call Select Closed-End Portfolio, Series 64
Ticker Symbol: FGSBEX
|General Equity Funds (25%)
||AllianzGI NFJ Dividend, Interest & Premium Strategy Fund
||BlackRock Enhanced Equity Dividend Trust
||Eaton Vance Enhanced Equity Income Fund II
||Eaton Vance Tax-Managed Buy-Write Opportunities Fund
||Eaton Vance Tax-Managed Diversified Equity Income Fund
|Specialized Equity Funds (44%)
||BlackRock Enhanced Capital and Income Fund, Inc.
||BlackRock Enhanced International Dividend Trust
||Columbia Seligman Premium Technology Growth Fund, Inc.
||Eaton Vance Risk-Managed Diversified Equity Income Fund
||GAMCO Natural Resources, Gold & Income Trust
||Nuveen Dow 30 Dynamic Overwrite Fund
||Nuveen Nasdaq 100 Dynamic Overwrite Fund
||Nuveen S&P 500 Buy-Write Income Fund
|World Equity Funds (31%)
||BlackRock Enhanced Global Opportunities Dividend Trust
||Cohen & Steers Global Income Builder, Inc.
||Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund
||Eaton Vance Tax-Managed Global Diversified Equity Income Fund
||Voya Global Advantage and Premium Opportunity Fund
||Voya Global Equity Dividend and Premium Opportunity Fund
* As of the close of business on 1/4/18.
Market values are for reference only and are not indicative of your individual
|Not FDIC Insured Not Bank Guaranteed May Lose Value
|Initial Date of Deposit
|Initial Public Offering Price
||$10.00 per Unit
| Portfolio Ending Date
|Estimated Net First Year Distribution per Unit*
|Estimated Net Subsequent Year Distribution per Unit:*
|Fee Accounts Cash CUSIP
|Fee Accounts Reinvestment CUSIP
*The estimates are based on annualizing the most
recent distributions declared by the issuers of the
securities included in the portfolio. The estimated net
annual distribution for the subsequent year is expected
to be less than the amount for the first year because a
portion of the securities included in the portfolio will be
sold during the first year to pay for organization costs,
the deferred sales charge and the creation and
development fee. There is no guarantee that the issuers
of the securities included in the portfolio will declare
distributions in the future or that, if declared, they will
remain at current levels or increase over time.
|Sales Charges (based on a $10 public offering
|Transactional Sales Charges:
|Creation & Development Fee:
|Maximum Sales Charge:
The deferred sales charge will be deducted in three monthly installments commencing
When the public offering price is less than or equal to $10.00 per unit, there will be no initial sales charge. If
the price exceeds $10.00 per unit, you will pay an initial sales charge.
|Maximum Sales Charge:
The maximum sales charge for investors in fee accounts consists of the creation and development fee.
Investors in fee accounts are not assessed any transactional sales charges. Standard accounts sales charges
apply to units purchased as an ineligible asset.
The creation and development fee is a charge of $.050 per unit collected at the end of the initial offering period. If the price you pay exceeds $10 per unit, the creation and development fee will be less than 0.50%; if the price you pay is less than $10 per unit, the creation and development fee will exceed 0.50%.
In addition to the sales charges listed, UITs are subject to annual operating expenses and organization costs.
You should consider the portfolio's
investment objectives, risks, and charges and
expenses carefully 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 portfolio. Read it
carefully before you invest.
An investment in this unmanaged unit investment trust should be made with an
understanding of the risks involved with an investment in a portfolio of closed-end
funds which invest in common stocks and options.
Common stocks are 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.
Options are subject to various risks including that their value may be adversely
affected if the market for the option becomes less liquid or smaller. In addition,
options will be affected by changes in the value and dividend rates of the stock
subject to the option, an increase in interest rates, a change in the actual
and perceived volatility of the stock market and the common stock and the remaining
time to expiration.
Closed-end funds 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 the funds 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, closed-end funds frequently trade
at a discount to their net asset value in the secondary market. Certain closed-end
funds may employ the use of leverage which increases the volatility of such
An investment in a portfolio containing equity securities of foreign issuers is subject to additional risks, including currency fluctuations, political risks, withholding, the lack of adequate financial information, and exchange control restrictions impacting foreign issuers.
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.
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.
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.
For a discussion of additional risks of investing in the trust see the "Risk Factors" section of the prospectus.