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       


Interest Rate Hedge and ETF, Series 27
Ticker Symbol: FYOXAX

35 Holdings (As of Day of Deposit)
Ticker Company Name Initial
Exchange-Traded Funds (60.11%)
AMLP Alerian MLP ETF 6.68% $21.56
MLPX Global X MLP & Energy Infrastructure ETF 6.65% 23.17
MLPA Global X MLP ETF 6.69% 23.60
BKLN Invesco Senior Loan ETF 3.01% 21.72
STIP iShares 0-5 Year TIPS Bond ETF 2.49% 103.70
ICF iShares Cohen & Steers REIT ETF 3.36% 103.02
ICVT iShares Convertible Bond ETF 4.99% 83.60
ISTB iShares Core 1-5 Year USD Bond ETF 3.01% 51.50
HYS PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund 3.02% 94.58
STPZ PIMCO 1-5 Year U.S. TIPS Index ETF 2.51% 53.73
SCHH Schwab U.S. REIT ETF 3.34% 35.77
CWB SPDR Bloomberg Barclays Convertible Securities ETF 4.99% 71.15
RWR SPDR Dow Jones REIT ETF 3.35% 78.84
FLTR VanEck Vectors Investment Grade Floating Rate ETF 3.01% 25.22
VCSH Vanguard Short-Term Corporate Bond ETF 3.01% 82.90
Common Stocks (39.89%)
ACN Accenture Plc 2.01% 233.10
ALL The Allstate Corporation 2.01% 90.76
AMP Ameriprise Financial, Inc. 1.95% 166.75
AMGN Amgen Inc. 1.97% 228.97
BBY Best Buy Co., Inc. 1.97% 118.69
BLK BlackRock, Inc. 1.95% 634.99
CMI Cummins Inc. 2.05% 222.25
LLY Eli Lilly and Company 2.00% 141.31
GD General Dynamics Corporation 2.02% 136.61
HON Honeywell International Inc. 2.02% 172.87
INTC Intel Corporation 1.97% 53.50
KLAC KLA Corporation 2.03% 206.30
LMT Lockheed Martin Corporation 2.03% 367.14
MDC M.D.C. Holdings, Inc. 2.02% 47.55
MDLZ Mondelez International, Inc. 1.99% 56.82
ORCL Oracle Corporation 2.02% 59.67
DGX Quest Diagnostics Incorporated 1.96% 122.83
STLD Steel Dynamics, Inc. 1.98% 31.19
UNP Union Pacific Corporation 1.96% 199.48
UNH UnitedHealth Group Incorporated 1.98% 322.79

* As of the close of business on 10/21/20.
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 10/22/2020
Initial Public Offering Price $10.00 per Unit
Portfolio Ending Date 10/21/2022
Historical 12-Month Distribution Rate of Trust Holdings:* 4.09%
Historical 12-Month Distribution Per Unit:* $0.4085
Cash CUSIP 30315U365
Reinvestment CUSIP 30315U373
Fee Accounts Cash CUSIP 30315U381
Fee Accounts Reinvestment CUSIP 30315U399

*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. 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 price)
Standard Accounts
Transactional Sales Charges: Initial: 0.00%
  Deferred: 2.25%
Creation & Development Fee:   0.50%
Maximum Sales Charge:   2.75%
Fee/Wrap Accounts
Maximum Sales Charge:   0.50%

The deferred sales charge will be deducted in three monthly installments commencing 2/19/21.

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 objective, 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.

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 common stocks and exchangetraded funds.

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.

Certain of the ETFs invest in convertible securities. Convertible securities are bonds, preferred stocks and other securities that pay a fixed rate of interest (or dividends) and will repay principal at a fixed date in the future. However, these securities may be converted into a specific number of common stocks at a specified time. As such, an investment in convertible securities entails some of the risks associated with both common stocks and bonds.

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 bond market or investors’ perception thereof, possible downgrades and defaults of interest and/or principal.

Certain of the ETFs invest in limited duration bonds. Limited duration bonds are subject to interest rate risk, which is the risk that the value of a security will fall if interest rates increase. While limited duration bonds are generally subject to less interest rate sensitivity than longer duration bonds, there can be no assurance that interest rates will not rise during the life of the trust.

Certain of the ETFs invest in MLPs. Investments in MLPs are subject to the risks generally applicable to companies in the energy and natural resources sectors, including commodity pricing risk, supply and demand risk, depletion risk and exploration risk. U.S. taxing authorities could challenge the trust’s treatment of the MLPs for federal income tax purposes. These tax risks could have a negative impact on the after-tax income available for distribution by the MLPs and/or the value of the trust’s investments.

Certain of the ETFs invest in 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.

Certain of the ETFs invest in TIPS which are subject to numerous risks including changes in interest rates, economic recession and deterioration of the bond market or investors’ perception thereof.

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 cybersecurity.

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.

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.

This unit investment trust is not an absolute return investment vehicle.

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.

Fund Cusip Information
30315U365 (Cash)
30315U373 (Reinvest)
30315U381 (Cash-Fee)
30315U399 (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 professionals 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. (Form CRS)   •  First Trust Advisors L.P. (Form CRS)
Home |  Important Legal Information |  Privacy Policy |  California Privacy Policy |  Business Continuity Plan |  FINRA BrokerCheck
Copyright © 2020 All rights reserved.