Home   Logon   Mobile Site   Research and Commentary   About Us   Call 1.800.621.1675 or Email Us       Follow Us: 

Search by Ticker, Keyword or CUSIP       


Global Equity Income Closed-End Portfolio, Series 58
Ticker Symbol: FALBEX

Ticker Company Name Initial
Specialized Equity Funds (25%)
AWP Alpine Global Premier Properties Fund 6.00% $6.95
HEQ John Hancock Hedged Equity & Income Fund 7.00% 17.30
MGU Macquarie Global Infrastructure Total Return Fund Inc. 7.00% 25.63
IAE Voya Asia Pacific High Dividend Equity Income Fund 3.00% 11.20
IID Voya International High Dividend Equity Income Fund 2.00% 7.68
World Equity Funds (75%)
IAF Aberdeen Australia Equity Fund, Inc. 5.00% 6.60
AGD Alpine Global Dynamic Dividend Fund 6.00% 11.46
AOD Alpine Total Dynamic Dividend Fund 6.00% 9.97
BOE BlackRock Enhanced Global Opportunities Dividend Trust 4.00% 12.87
CHW Calamos Global Dynamic Income Fund 7.00% 9.75
INB Cohen & Steers Global Income Builder, Inc. 4.00% 10.11
ETG Eaton Vance Tax-Advantaged Global Dividend Income Fund 7.00% 18.29
ETO Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund 7.00% 26.57
EXG Eaton Vance Tax-Managed Global Diversified Equity Income Fund 4.00% 9.70
LGI Lazard Global Total Return and Income Fund, Inc. 7.00% 19.14
LOR Lazard World Dividend & Income Fund, Inc. 3.00% 12.47
IHD Voya Emerging Markets High Dividend Equity Fund 5.00% 9.66
IGD Voya Global Equity Dividend and Premium Opportunity Fund 4.00% 8.10
IDE Voya Infrastructure, Industrials and Materials Fund 6.00% 16.72

*As of the close of business on 1/25/18.
Market values are for reference only and are not indicative of your individual cost basis.

Not FDIC Insured • Not Bank Guaranteed • May Lose Value

Portfolio Summary
Initial Date of Deposit 1/26/2018
Initial Public Offering Price $10.00 per Unit
Portfolio Ending Date 1/27/2020
Estimated Net First Year Distribution per Unit* $0.7193
Estimated Net Subsequent Year Distribution per Unit* $0.7109
Cash CUSIP 30306G623
Reinvestment CUSIP 30306G631
Fee Account Cash CUSIP 30306G649
Fee Account Reinvestment CUSIP 30306G656

*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 price)
Standard Accounts
Transactional Sales Charges: Initial: 0.00%
  Deferred: 2.25%
Creation & Development Fee:   0.50%
Maximum Sales Charge:   2.75%

The deferred sales charge will be deducted in three monthly installments commencing 5/18/18.

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.

Fee/Wrap Accounts
Maximum Sales Charge: 0.50%

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.

Risk Considerations:
An investment in this unmanaged unit investment trust should be made with an understanding of the risks associated with an investment in a portfolio of closed-end funds.

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. Shares of closed-end funds frequently trade at a discount to their net asset value in the secondary market and the net asset value of closed-end fund shares may decrease. Certain closed-end funds in which the portfolio invests may employ the use of leverage which increases the volatility of such funds.

All of the closed-end funds invest in common stocks. Common stocks are subject to 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.

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.

All of the closed-end funds invest in securities issued by foreign issuers. Foreign issuers are subject to additional risks, including currency fluctuations, political risks, withholding, the lack of adequate financial information, and exchange control restrictions impacting foreign issuers. 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.

Certain of the closed-end funds invest in options. 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.

Certain of the closed-end funds invest in real estate investment trusts (REITs). Companies involved in the real estate industry are subject to changes in the real estate market, vacancy rates and competition, volatile interest rates and economic recession.

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.

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.

For a discussion of additional risks of investing in the trust see the "Risk Factors" section of the prospectus.

Fund Cusip Information
30306G623 (Cash)
30306G631 (Reinvest)
30306G649 (Cash-Fee)
30306G656 (Reinvest-Fee)
Printer Friendly Page Printer Friendly Page
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.
Home |  Important Legal Information |  Privacy Policy |  Business Continuity Plan |  FINRA BrokerCheck
Copyright © 2018 All rights reserved.