FT Income Portfolio, Series 4
Ticker Symbol: FGVJHX
|10 Holdings (As of Day of Deposit)
||First Trust BuyWrite Income ETF
||First Trust Morningstar Dividend Leaders Index Fund
|Hybrid Fixed Income
||First Trust Preferred Securities and Income ETF
|International - Core
||First Trust Dow Jones Global Select Dividend Index Fund
||First Trust STOXX® European Select Dividend Index Fund
|International - Emerging Markets
||First Trust Emerging Markets Local Currency Bond ETF
|U.S. Corporate - High Yield
||First Trust Senior Loan Fund
||First Trust Tactical High Yield ETF
||First Trust Low Duration Opportunities ETF
|U.S. Opportunistic Core
||First Trust TCW Opportunistic Fixed Income ETF
* As of the close of business on 8/14/19.
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
|Historical 12-Month Distribution Rate of Trust Holdings:*
|Historical 12-Month Distribution Per Unit:*
|Fee Account Cash CUSIP
|Fee Account Reinvestment CUSIP
*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. 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. Distributions may include realized short term capital gains,
realized long-term capital gains and/or return of capital. 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.
|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 11/20/19.
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 $.01 per unit collected at the end of the initial offering
period. If the price you pay exceeds $10.00 per unit, the creation and development fee will be less than
0.10%; if the price you pay is less than $10.00 per unit, the creation and development fee will exceed 0.10%.
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 owning ETFs which invest in fixed
income, equity securities and options.
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 of the ETFs may employ the use of
leverage, which increases the volatility of such funds.
Certain of the ETFs invest in common stocks. 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
Certain of the ETFs invest in floating-rate securities. A
floating-rate security is an instrument in which the interest rate
payable on the obligation fluctuates on a periodic basis based
upon changes in an interest rate benchmark. As a result, the
yield on such a security will generally decline in a falling
interest rate environment, causing the trust to experience a
reduction in the income it receives from such securities. Certain
of the floating-rate securities pay interest based on LIBOR. Due
to the uncertainty regarding the future utilization of
LIBOR and the nature of any replacement rate, the
potential effect of a transition away from LIBOR on a fund or
the financial instruments in which the fund invests cannot yet
Certain of the ETFs invest in high-yield securities or “junk”
bonds. Investing in high-yield securities 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.
Certain of the ETFs invest in investment grade securities.
Investment grade securities are subject to numerous risks
including higher interest rates, economic recession,
deterioration of the investment grade market or investors’
perception thereof, possible downgrades and defaults of
interest and/or principal.
Certain of the ETFs invest in senior loans. The yield on ETFs
which invest in senior loans will generally decline in a falling
interest rate environment and increase in a rising interest rate
environment. Senior loans are generally below investment
grade quality (“junk” bonds). An investment in senior loans
involves the risk that the borrowers may default on their
obligations to pay principal or interest when due.
Certain of the ETFs invest in covenant-lite loans which contain
fewer or no maintenance covenants and may hinder the ETF’s
ability to reprice credit risk and mitigate potential loss
especially during a downturn in the credit cycle.
Certain of the ETFs invest in securities of foreign issuers which
are subject to additional risks, including currency fluctuations,
political risks, withholding, the lack of adequate financial
information, and exchange control restrictions impacting
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 cyber security.
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.
Although this portfolio 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.
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.