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       


Covered Call Select Closed-End Portfolio, Series 72
Ticker Symbol: FKLDCX

19 Holdings (As of Day of Deposit)
Ticker Name Initial
General Equity Funds (23%)
NFJ AllianzGI NFJ Dividend, Interest & Premium Strategy Fund 6.00% $11.94
BDJ BlackRock Enhanced Equity Dividend Trust 5.00% 8.76
EOI Eaton Vance Enhanced Equity Income Fund 4.00% 14.64
EOS Eaton Vance Enhanced Equity Income Fund II 4.00% 16.53
ETY Eaton Vance Tax-Managed Diversified Equity Income Fund 4.00% 11.63
Specialized Equity Funds (45%)
CII BlackRock Enhanced Capital and Income Fund, Inc. 5.00% 15.23
BGY BlackRock Enhanced International Dividend Trust 5.00% 5.36
STK Columbia Seligman Premium Technology Growth Fund, Inc. 6.00% 19.95
ETJ Eaton Vance Risk-Managed Diversified Equity Income Fund 5.00% 9.32
GNT GAMCO Natural Resources, Gold & Income Trust 6.00% 5.90
DIAX Nuveen Dow 30 Dynamic Overwrite Fund 6.00% 16.81
QQQX Nuveen Nasdaq 100 Dynamic Overwrite Fund 6.00% 21.67
BXMX Nuveen S&P 500 Buy-Write Income Fund 6.00% 12.68
World Equity Funds (32%)
BOE BlackRock Enhanced Global Opportunities Dividend Trust 5.00% 10.08
INB Cohen & Steers Global Income Builder, Inc. 6.00% 8.68
ETW Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund 4.00% 9.48
EXG Eaton Vance Tax-Managed Global Diversified Equity Income Fund 5.00% 7.89
IGA Voya Global Advantage and Premium Opportunity Fund 6.00% 10.33
IGD Voya Global Equity Dividend and Premium Opportunity Fund 6.00% 6.34

* As of the close of business on 8/15/19.
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 8/16/2019
Initial Public Offering Price $10.00 per Unit
Portfolio Ending Date 8/16/2021
Historical 12-Month Distribution Rate of Trust Holdings:* 7.96%
Historical 12-Month Distribution Per Unit:* $0.7957
Cash CUSIP 30311J349
Reinvestment CUSIP 30311J356
Fee Accounts Cash CUSIP 30311J364
Fee Accounts Reinvestment CUSIP 30311J372

*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 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 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.

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 $10.00 per unit, the creation and development fee will be less than 0.50%; if the price you pay is less than $10.00 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 involved with an investment in a portfolio of closed-end funds which invest in common stocks and options.

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 employ the use of leverage, which increases the volatility of such funds.

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.

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.

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.

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.

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.

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.

Fund Cusip Information
30311J349 (Cash)
30311J356 (Reinvest)
30311J364 (Cash-Fee)
30311J372 (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, the Internal Revenue Code or any other regulatory framework. Financial advisors are responsible for evaluating investment risks independently and for exercising independent judgment in determining whether investments are appropriate for their 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 © 2019 All rights reserved.