Balanced Income Equity
and ETF Portfolio, Series 44
Ticker Symbol: FYYDTX
|30 Holdings (As of Day of Deposit)
|Common Stocks (50.15%)
|Communication Services (3.35%)
||Verizon Communications Inc.
|Consumer Discretionary (6.68%)
||The Home Depot, Inc.
|Consumer Staples (6.68%)
||Altria Group, Inc.
||JPMorgan Chase & Co.
|Health Care (10.09%)
||Bristol-Myers Squibb Company
||CVS Health Corporation
||General Dynamics Corporation
||Lockheed Martin Corporation
|Information Technology (6.67%)
||Cisco Systems, Inc.
||Public Service Enterprise Group Incorporated
|High-Yield Bond Funds (16.59%)
||iShares 0-5 Year High Yield Corporate Bond ETF
||iShares Broad USD High Yield Corporate Bond ETF
||PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
||SPDR Bloomberg Barclays High Yield Bond ETF
||SPDR Portfolio High Yield Bond ETF
|Investment Grade Bond Funds (16.68%)
||iShares Broad USD Investment Grade Corporate Bond ETF
||iShares Long-Term Corporate Bond ETF
||SPDR Portfolio Corporate Bond ETF
||SPDR Portfolio Long Term Corporate Bond ETF
||Vanguard Long-Term Corporate Bond ETF
|World Income Funds (16.58%)
||Invesco Emerging Markets Sovereign Debt ETF
||VanEck Vectors Emerging Markets High Yield Bond ETF
||VanEck Vectors International High Yield Bond ETF
||VanEck Vectors J.P. Morgan EM Local Currency Bond ETF
||Vanguard Total International Bond ETF
* As of the close of business on 6/30/20.
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. Due to the negative economic impact across many industries caused
by the recent COVID-19 outbreak, certain issuers of the securities included in the trust may
elect to reduce the amount of dividends and/or distributions paid in the future. As a result, the
“Historical 12-Month Distribution Rate of Trust Holdings,” which is based on the trailing twelve-month
distributions paid by the securities included in a trust, will likely be higher, and in some
cases significantly higher, than the actual distribution rate achieved by the trust. The historical 12-month distribution per unit is based on the weighted average of the trailing
12-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 12 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:
|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.
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 $0.050 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 professional
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 common stocks and ETFs.
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.
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.
All 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.
All 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 security
market or investors’ perception thereof, possible downgrades and defaults of interest and/or principal.
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. Risks associated with investing in foreign securities
may be more pronounced in emerging markets where the securities markets are substantially smaller, less
developed, less liquid, less regulated, and more volatile than the U.S. and developed foreign markets.
On January 31, 2020, the United Kingdom officially departed the European Union (commonly referred to as
“Brexit”). Brexit has led to volatility in global financial markets, in particular those of the United Kingdom
and across Europe, and may also lead to weakening in political, regulatory, consumer, corporate and financial
confidence in the United Kingdom and Europe.
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
The recent outbreak of a respiratory disease designated as COVID-19 was first detected in China in December
2019. The global economic impact of the COVID-19 outbreak is impossible to predict but is expected to
disrupt manufacturing, supply chains and sales in affected areas and negatively impact global economic
growth prospects. The COVID-19 outbreak has also caused significant volatility and declines in global
financial markets, which have caused losses for investors. The impact of the COVID-19 outbreak may be short
term or may last for an extended period of time, and in either case could result in a substantial economic
downturn or 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
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.
For a discussion of additional risks of investing in the trust see the "Risk
Factors" section of the prospectus.