Covered Call Select Closed-End Portfolio, Series 72
Ticker Symbol: FKLDCX
|19 Holdings (As of Day of Deposit)
|General Equity Funds (23%)
||AllianzGI NFJ Dividend, Interest & Premium Strategy Fund
||BlackRock Enhanced Equity Dividend Trust
||Eaton Vance Enhanced Equity Income Fund
||Eaton Vance Enhanced Equity Income Fund II
||Eaton Vance Tax-Managed Diversified Equity Income Fund
|Specialized Equity Funds (45%)
||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 (32%)
||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 8/15/19.
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 Accounts Cash CUSIP
|Fee Accounts 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
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 $10.00 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.
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
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
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.