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Corporate Investment Grade, 3-7 Year Series, 3
Ticker Symbol: FVEGPX

Name of Bond Issue (1) S&P Rating
  Consumer Discretionary  
$222,000 Bed Bath & Beyond Inc., Senior Notes, 3.749%, Due 08/01/2024 (3) (4) BBB
250,000 Block Financial LLC, Notes, 5.50%, Due 11/01/2022 (3) (4) BBB
250,000 General Motors Financial Company, Inc., Senior Notes, 3.95%, Due 04/13/2024 (3) (4) BBB
  Consumer Staples  
250,000 CVS Health Corporation, Senior Notes, 2.75%, Due 12/01/2022 (3) (4) BBB
200,000 Philip Morris International Inc., Notes, 2.125%, Due 05/10/2023 (3) (4) A
250,000 Ecopetrol S.A., Notes, 4.125%, Due 01/16/2025 (3) BBB-
250,000 Energy Transfer Partners L.P., Senior Notes, 5.00%, Due 10/01/2022 (3) (4) BBB-
250,000 Kinder Morgan Energy Partners, L.P., Senior Notes, 3.50%, Due 09/01/2023 (3) (4) BBB-
200,000 Bank of America Corporation, Senior Notes, 4.10%, Due 07/24/2023 A-
250,000 HSBC Holdings Plc, Senior Unsecured Notes, 4.00%, Due 03/30/2022 A
200,000 Jefferies Group, Inc., Senior Notes, 5.125%, Due 01/20/2023 (3) BBB-
250,000 JP Morgan Chase & Co., Notes, 3.25%, Due 09/23/2022 A-
250,000 Mitsubishi UFJ Financial Group, Inc., Senior Notes, 2.665%, Due 07/25/2022 A-
250,000 Sumitomo Mitsui Financial Group, Inc., Senior Notes, 2.778%, Due 10/18/2022 A-
  Health Care  
200,000 Gilead Sciences, Inc., Senior Notes, 3.25%, Due 09/01/2022 (3) (4) A
300,000 General Electric Company, Notes, 2.70%, Due 10/09/2022 (3) A
  Information Technology  
250,000 Arrow Electronics, Inc., Notes, 4.50%, Due 03/01/2023 (3) (4) BBB-
230,000 DXC Technology Company, Senior Notes, 4.45%, Due 09/18/2022 (3) BBB
200,000 NetApp, Inc., Senior Notes, 3.25%, Due 12/15/2022 (3) (4) BBB+
250,000 Oracle Corporation, Notes, 2.40%, Due 09/15/2023 (3) (4) AA-
200,000 PPG Industries, Inc., Notes, 3.20%, Due 03/15/2023 (3) (4) A-
  Real Estate  
250,000 Brixmor Operating Partnership L.P., Senior Notes, 3.25%, Due 09/15/2023 (3) (4) (5) BBB-
218,000 SL Green Operating Partnership, L.P., Senior Notes, 3.25%, Due 10/15/2022 (3) (4) (5) BBB-
225,000 Select Income REIT, Senior Notes, 4.15%, Due 02/01/2022 (3) (4) (5) BBB-
  Telecommunication Services  
200,000 AT&T Inc., Global Notes, 3.60%, Due 02/17/2023 (3) (4) BBB+

(1) Certain bonds may be redeemed in whole or in part before their stated maturity under certain circumstances detailed in the instruments creating them. Such redemption provisions may result in a redemption price less than the value of the bonds on the initial date of deposit. Estimated current return and estimated long-term return may also be affected by such redemptions.
(2) As of the Initial Date of Deposit. The ratings are by Standard & Poor's and are unaudited. A credit rating is an assessment provided by a nationally recognized statistical rating organization (NRSRO), including Standard & Poor's Rating Group, of the creditworthiness of an issuer with respect to debt obligations. Standard & Poor's ratings are measured on a scale ranging from AAA (highest) to D (lowest). Sub-investment grade ratings are those rated BB+ or lower. Investment grade ratings are those rated BBB- or higher.
(3)These securities have a "make whole" call option and are redeemable in whole or in part at any time at the option of the issuer, at a redemption price equal to the greater of: 1) 100% of the principal amount or 2) the sum of the remaining scheduled payments of principal and interest, plus, in either case, any accrued and unpaid interest on the principal amount being redeemed to the date of redemption..
(4) The securities issued by Arrow Electronics, Inc., AT&T Inc., Bed, Bath & Beyond Inc., Block Financial LLC, Brixmore Operating Partnership L.P., CVS Health Corporation, General Motors Financial Company, Inc., Gilead Sciences, Inc., Kinder Morgan Energy Partners, L.P., NetApp, Inc., Oracle Corporation, Philip Morris International Inc., PPG Industries, Inc, Energy Transfer Partners L.P., Select Income REIT, SL Green Operating Partnership, L.P. are redeemable any time after 12/01/2022, 12/17/2022, 05/01/2024, 05/01/2022, 07/15/2023, 09/01/2022, 02/13/2024, 07/01/2022, 06/01/2023, 09/15/2022, 07/15/2023, 03/10/2023, 02/15/2023, 07/01/2022 12/01/2021 and 09/15/2022 at a price of $100.00, respectively.
(5) This security represents the corporate bond of a REIT. REITs comprise approximately 11.70% of the investments of the trust.

Not FDIC Insured • Not Bank Guaranteed • May Lose Value


This unit investment trust seeks to distribute monthly income.

Initial Distribution Per Unit $2.61
Estimated Regular Distribution Per Unit $2.80

Distributions, if any, are paid on the twenty-fifth day of each month to unit holders of record on the tenth day of each month with the initial distribution per unit scheduled to occur on April 25, 2018 and estimated regular distributions per unit scheduled to begin on May 25, 2018. The actual distribution you receive will vary from that set forth above with changes in the portfolio’s fees and expenses and with the sale, maturity or redemption of securities.

Deposit Information
Date of Deposit 3/8/2018
CUSIP 30307C506
Sales Charge 1.95% up-front
Wrap CUSIP 30307C514
Wrap Sales Charge 0.60% up-front

In addition to the sales charge listed, UITs are subject to annual operating expenses and organization costs.

Trust Specifics (as of close of business on 3/8/18)
Weighted Average Maturity:1 4.97 years
Weighted Average Modified Duration:2 4.45 years
Initial Principal Amount (Par Value) of Securities: $1,000.00 per Unit
Standard Accounts:  
Initial Public Offering Price $1,025.58 per Unit
Estimated Current Return:3 3.28%
Estimated Long-Term Return:3 2.83%
Wrap Accounts:  
Initial Public Offering Price: $1,011.76 per Unit
Estimated Current Return:3 3.32%
Estimated Long-Term Return:3 3.12%

1Weighted average maturity represents the average amount of time remaining until the bonds held in the trust mature, taking into account each bond's weight within the portfolio based on its market value.

2Weighted Average Modified Duration is a calculation that expresses the measurable change in the value of a security in response to a change in interest rates.

3Estimated current return is calculated by dividing estimated net annual interest income per unit by the public offering price. Estimated long-term return is calculated using a formula which (1) factors in the relative weightings of the market values, yields and estimated retirements of the securities; and (2) takes into account a compounding factor, the sales charge and expenses. There is no assurance that the returns will be realized in the future because the various components used to calculate these figures will change. In addition, neither rate reflects the true return you will receive, which will be lower, because neither includes the effect of certain delays in distributions with respect to when the securities pay interest and when distributions are paid by the Trust.

You should carefully consider the portfolio'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 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 investment grade corporate bonds, including higher interest rates, economic recession, deterioration of the bond market or investors' perception thereof, possible downgrades and defaults of interest and/or principal.

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.

An investment in a portfolio containing 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.

Certain of the securities in the portfolio are issued by 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.

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.

Fund Cusip Information
30307C506 (Cash)
30307C514 (Cash-Wrap)
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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 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.
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