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A unit investment trust which seeks the potential for above-average total return by investing approximately 40% of its assets in common stocks which are selected by applying a disciplined investment strategy and 60% of its assets in exchange-traded funds which invest in fixed-income securities.
Please note that there is no assurance the objective will be met.
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Product Code: |
4S2Q24 |
Portfolio Status: |
Secondary |
Initial Offer Date: |
04/11/2024 |
Secondary Date: |
07/11/2024 |
Portfolio Ending Date: |
07/16/2025 |
Tax Structure: |
Regulated Investment Company |
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Initial Offer Price: |
$10.0000 |
NAV(*): |
$10.3761 |
POP(*): |
Not Avail |
Remaining Deferred Sales Charge: |
$0.0000 |
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* As of Trade Date: 07/01/2025 4:00pm ET
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The Public Offering Price (POP) represents the net asset value per unit plus any applicable organization costs and sales charges.
The Net Asset Value (NAV) represents the value per unit of a trust’s portfolio securities and other assets reduced by applicable deferred sales charges and other liabilities.
Historical 12-Month Distribution of Trust Holdings:^ |
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^ 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 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 distributions are reduced to account for the effects of fees and expenses,
which will be incurred when investing in a trust. For trusts that include funds, 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 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.
|
Schwab 5-10 Year Corporate Bond ETF
| SCHI |
2.37%
|
SPDR Portfolio Mortgage Backed Bond ETF
| SPMB |
2.36%
|
iShares Broad USD High Yield Corporate Bond ETF
| USHY |
2.36%
|
iShares MBS ETF
| MBB |
2.35%
|
Vanguard Mortgage-Backed Securities ETF
| VMBS |
2.35%
|
iShares iBoxx $ Investment Grade Corporate Bond ETF
| LQD |
2.34%
|
iShares Broad USD Investment Grade Corporate Bond ETF
| USIG |
2.34%
|
SPDR Portfolio High Yield Bond ETF
| SPHY |
2.34%
|
PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
| HYS |
2.33%
|
First Trust Tactical High Yield ETF
| HYLS |
2.32%
|
SPDR Bloomberg Short Term High Yield Bond ETF
| SJNK |
2.32%
|
iShares 0-5 Year High Yield Corporate Bond ETF
| SHYG |
2.32%
|
SPDR Portfolio Corporate Bond ETF
| SPBO |
2.32%
|
Janus Henderson Mortgage-Backed Securities ETF
| JMBS |
2.32%
|
SPDR Portfolio Short Term Corporate Bond ETF
| SPSB |
2.31%
|
Vanguard Total International Bond ETF
| BNDX |
2.30%
|
Invesco Emerging Markets Sovereign Debt ETF
| PCY |
2.29%
|
iShares 10+ Year Investment Grade Corporate Bond ETF
| IGLB |
2.29%
|
iShares 10-20 Year Treasury Bond ETF
| TLH |
2.28%
|
SPDR Portfolio Long Term Corporate Bond ETF
| SPLB |
2.28%
|
VanEck IG Floating Rate ETF
| FLTR |
2.27%
|
First Trust Senior Loan Fund
| FTSL |
2.25%
|
SPDR Blackstone Senior Loan ETF
| SRLN |
2.25%
|
Invesco Senior Loan ETF
| BKLN |
2.24%
|
Invesco Preferred ETF
| PGX |
2.16%
|
Howmet Aerospace Inc.
| HWM |
0.90%
|
DoorDash, Inc. (Class A)
| DASH |
0.57%
|
General Electric Company
| GE |
0.51%
|
Walmart Inc.
| WMT |
0.51%
|
International Business Machines Corporation
| IBM |
0.50%
|
Cardinal Health, Inc.
| CAH |
0.49%
|
Cheniere Energy, Inc.
| LNG |
0.49%
|
Nintendo Co., Ltd. (ADR)
| NTDOY |
0.48%
|
Quanta Services, Inc.
| PWR |
0.47%
|
Arista Networks, Inc.
| ANET |
0.45%
|
Altria Group, Inc.
| MO |
0.44%
|
Costco Wholesale Corporation
| COST |
0.44%
|
Cisco Systems, Inc.
| CSCO |
0.44%
|
Wabtec Corporation
| WAB |
0.44%
|
Prosus N.V. (ADR)
| PROSY |
0.44%
|
ResMed Inc.
| RMD |
0.42%
|
The Progressive Corporation
| PGR |
0.41%
|
Republic Services, Inc.
| RSG |
0.41%
|
CME Group Inc.
| CME |
0.41%
|
Iberdrola S.A. (ADR)
| IBDRY |
0.41%
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Corteva Inc.
| CTVA |
0.41%
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Xcel Energy Inc.
| XEL |
0.40%
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Aflac Incorporated
| AFL |
0.40%
|
Deere & Company
| DE |
0.40%
|
The Hartford Insurance Group, Inc.
| HIG |
0.40%
|
Hitachi, Ltd. (ADR)
| HTHIY |
0.40%
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Cencora Inc.
| COR |
0.40%
|
Motorola Solutions, Inc.
| MSI |
0.38%
|
Berkshire Hathaway Inc. (Class B)
| BRK/B |
0.38%
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Chugai Pharmaceutical Co., Ltd. (ADR)
| CHGCY |
0.38%
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Microsoft Corporation
| MSFT |
0.37%
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The Travelers Companies, Inc.
| TRV |
0.37%
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Amazon.com, Inc.
| AMZN |
0.37%
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HSBC Holdings Plc (ADR)
| HSBC |
0.37%
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DBS Group Holdings Ltd. (ADR)
| DBSDY |
0.37%
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Consolidated Edison, Inc.
| ED |
0.36%
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Vertex Pharmaceuticals Incorporated
| VRTX |
0.36%
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Muenchener Rueckversicherungs-Gesellschaft AG (MunichRe) (ADR)
| MURGY |
0.36%
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Alphabet Inc. (Class A)
| GOOGL |
0.36%
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Fastenal Company
| FAST |
0.35%
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Cognizant Technology Solutions Corporation
| CTSH |
0.35%
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Tokio Marine Holdings, Inc. (ADR)
| TKOMY |
0.35%
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General Motors Company
| GM |
0.35%
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Keurig Dr Pepper Inc.
| KDP |
0.34%
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Vistra Corp.
| VST |
0.34%
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Caterpillar Inc.
| CAT |
0.33%
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Tractor Supply Company
| TSCO |
0.33%
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Sprouts Farmers Market, Inc.
| SFM |
0.32%
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AMETEK, Inc.
| AME |
0.31%
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KDDI Corporation (ADR)
| KDDIY |
0.31%
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Dell Technologies Inc. (Class C)
| DELL |
0.31%
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Chewy, Inc. (Class A)
| CHWY |
0.31%
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Itochu Corp. (ADR)
| ITOCY |
0.30%
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Chubb Limited
| CB |
0.29%
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Ross Stores, Inc.
| ROST |
0.29%
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Exxon Mobil Corporation
| XOM |
0.28%
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Chevron Corporation
| CVX |
0.28%
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Air Liquide S.A. (ADR)
| AIQUY |
0.28%
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Industria de Diseno Textil, S.A. (ADR)
| IDEXY |
0.28%
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FedEx Corporation
| FDX |
0.27%
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The Hershey Company
| HSY |
0.27%
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Applied Materials, Inc.
| AMAT |
0.27%
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EOG Resources, Inc.
| EOG |
0.27%
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D.R. Horton, Inc.
| DHI |
0.27%
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Archer-Daniels-Midland Company
| ADM |
0.26%
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Agilent Technologies, Inc.
| A |
0.26%
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Linde Plc
| LIN |
0.26%
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PACCAR Inc
| PCAR |
0.25%
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PepsiCo, Inc.
| PEP |
0.25%
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Liberty Broadband Corporation (Class C)
| LBRDK |
0.25%
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General Mills, Inc.
| GIS |
0.24%
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Valero Energy Corporation
| VLO |
0.24%
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Nippon Telegraph and Telephone Corporation (ADR)
| NTTYY |
0.24%
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L'Oreal S.A. (ADR)
| LRLCY |
0.24%
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Shell Plc (ADR)
| SHEL |
0.24%
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Equinor ASA
| EQNR |
0.23%
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Lennar Corporation
| LEN |
0.22%
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Rio Tinto Plc (ADR)
| RIO |
0.22%
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Comfort Systems USA, Inc.
| FIX |
0.22%
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The Kraft Heinz Company
| KHC |
0.22%
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Hims & Hers Health, Inc.
| HIMS |
0.22%
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Nucor Corporation
| NUE |
0.21%
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Casey's General Stores, Inc.
| CASY |
0.21%
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TotalEnergies SE (ADR)
| TTE |
0.21%
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ConocoPhillips
| COP |
0.21%
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Mitsui & Co., Ltd. (ADR)
| MITSY |
0.21%
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Diamondback Energy, Inc.
| FANG |
0.21%
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Unum Group
| UNM |
0.20%
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EMCOR Group, Inc.
| EME |
0.20%
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Jabil Inc.
| JBL |
0.20%
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Daiichi Sankyo Company, Limited (ADR)
| DSNKY |
0.20%
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Mueller Industries, Inc.
| MLI |
0.19%
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BP Plc (ADR)
| BP |
0.19%
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Canadian Natural Resources Limited
| CNQ |
0.19%
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EQT Corporation
| EQT |
0.19%
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Target Corporation
| TGT |
0.18%
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Toyota Motor Corporation
| TM |
0.18%
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MGIC Investment Corporation
| MTG |
0.18%
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Regeneron Pharmaceuticals, Inc.
| REGN |
0.18%
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Tradeweb Markets Inc. (Class A)
| TW |
0.18%
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Mercedes-Benz Group AG (ADR)
| MBGYY |
0.18%
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Coca-Cola Consolidated, Inc.
| COKE |
0.17%
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DocuSign, Inc.
| DOCU |
0.17%
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BJ's Wholesale Club Holdings, Inc.
| BJ |
0.17%
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Volkswagen AG (ADR)
| VWAGY |
0.17%
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The New York Times Company (Class A)
| NYT |
0.16%
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Texas Roadhouse, Inc.
| TXRH |
0.16%
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Expand Energy Corporation
| EXE |
0.16%
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Cincinnati Financial Corporation
| CINF |
0.15%
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Ingredion Incorporated
| INGR |
0.15%
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Affiliated Managers Group, Inc.
| AMG |
0.15%
|
United Therapeutics Corporation
| UTHR |
0.15%
|
IES Holdings, Inc.
| IESC |
0.15%
|
Stride, Inc.
| LRN |
0.15%
|
Snap-on Incorporated
| SNA |
0.14%
|
Novo Nordisk A/S (ADR)
| NVO |
0.14%
|
Acuity, Inc.
| AYI |
0.14%
|
NewMarket Corporation
| NEU |
0.14%
|
The Mosaic Company
| MOS |
0.14%
|
Taylor Morrison Home Corporation
| TMHC |
0.14%
|
Hewlett Packard Enterprise Company
| HPE |
0.14%
|
Arrow Electronics, Inc.
| ARW |
0.13%
|
Ulta Beauty, Inc.
| ULTA |
0.13%
|
Toll Brothers, Inc.
| TOL |
0.12%
|
PulteGroup, Inc.
| PHM |
0.12%
|
Reliance Inc.
| RS |
0.12%
|
Steel Dynamics, Inc.
| STLD |
0.11%
|
Dycom Industries, Inc.
| DY |
0.11%
|
Coterra Energy Inc.
| CTRA |
0.11%
|
Commercial Metals Company
| CMC |
0.11%
|
Meritage Homes Corporation
| MTH |
0.11%
|
Erie Indemnity Company
| ERIE |
0.11%
|
AAON, Inc.
| AAON |
0.11%
|
Qualys, Inc.
| QLYS |
0.11%
|
Science Applications International Corporation
| SAIC |
0.11%
|
Sanmina Corporation
| SANM |
0.10%
|
AGCO Corporation
| AGCO |
0.10%
|
KB Home
| KBH |
0.10%
|
Eagle Materials Inc.
| EXP |
0.10%
|
Cabot Corporation
| CBT |
0.10%
|
National Fuel Gas Company
| NFG |
0.10%
|
FTI Consulting, Inc.
| FCN |
0.10%
|
Cal-Maine Foods, Inc.
| CALM |
0.10%
|
Molina Healthcare, Inc.
| MOH |
0.10%
|
Badger Meter, Inc.
| BMI |
0.10%
|
Deckers Outdoor Corporation
| DECK |
0.10%
|
Medpace Holdings, Inc.
| MEDP |
0.10%
|
ACI Worldwide, Inc.
| ACIW |
0.09%
|
Abercrombie & Fitch Co. (Class A)
| ANF |
0.09%
|
Plexus Corp.
| PLXS |
0.09%
|
CNX Resources Corporation
| CNX |
0.09%
|
Molson Coors Beverage Company
| TAP |
0.09%
|
Grand Canyon Education, Inc.
| LOPE |
0.09%
|
NMI Holdings, Inc. (Class A)
| NMIH |
0.09%
|
Stellantis N.V.
| STLA |
0.09%
|
Oscar Health, Inc. (Class A)
| OSCR |
0.09%
|
HF Sinclair Corp.
| DINO |
0.09%
|
TEGNA Inc.
| TGNA |
0.08%
|
Radian Group Inc.
| RDN |
0.08%
|
Gentex Corporation
| GNTX |
0.08%
|
Independent Bank Corp.
| INDB |
0.08%
|
PriceSmart, Inc.
| PSMT |
0.08%
|
International Bancshares Corporation
| IBOC |
0.08%
|
FMC Corporation
| FMC |
0.08%
|
CVB Financial Corp.
| CVBF |
0.08%
|
CorVel Corporation
| CRVL |
0.08%
|
ACADIA Pharmaceuticals Inc.
| ACAD |
0.08%
|
Lamb Weston Holdings, Inc.
| LW |
0.08%
|
Black Hills Corporation
| BKH |
0.07%
|
Graham Holdings Company
| GHC |
0.07%
|
Harley-Davidson, Inc.
| HOG |
0.07%
|
Avnet, Inc.
| AVT |
0.07%
|
First Financial Bancorp.
| FFBC |
0.07%
|
Matson, Inc.
| MATX |
0.07%
|
MGE Energy, Inc.
| MGEE |
0.07%
|
MYR Group Inc.
| MYRG |
0.07%
|
Green Brick Partners, Inc.
| GRBK |
0.07%
|
Premier, Inc. (Class A)
| PINC |
0.07%
|
ONE Gas, Inc.
| OGS |
0.07%
|
Schneider National, Inc. (Class B)
| SNDR |
0.07%
|
Chord Energy Corporation
| CHRD |
0.07%
|
Otter Tail Corporation
| OTTR |
0.06%
|
Bruker Corporation
| BRKR |
0.06%
|
Rush Enterprises, Inc. (Class A)
| RUSHA |
0.06%
|
Alamo Group Inc.
| ALG |
0.06%
|
Tri Pointe Homes, Inc.
| TPH |
0.06%
|
Vishay Intertechnology, Inc.
| VSH |
0.05%
|
Columbia Sportswear Company
| COLM |
0.05%
|
Hub Group, Inc.
| HUBG |
0.05%
|
CVR Energy, Inc.
| CVI |
0.05%
|
Cogent Communications Holdings, Inc.
| CCOI |
0.05%
|
PBF Energy Inc.
| PBF |
0.05%
|
National Storage Affiliates Trust
| NSA |
0.05%
|
Warrior Met Coal, Inc.
| HCC |
0.05%
|
Academy Sports and Outdoors, Inc.
| ASO |
0.05%
|
Photronics, Inc.
| PLAB |
0.04%
|
The Andersons, Inc.
| ANDE |
0.04%
|
RPC, Inc.
| RES |
0.04%
|
Innospec Inc.
| IOSP |
0.04%
|
Peabody Energy Corporation
| BTU |
0.04%
|
Core Natural Resources Inc.
| CNR |
0.04%
|
Patterson-UTI Energy, Inc.
| PTEN |
0.03%
|
American Eagle Outfitters, Inc.
| AEO |
0.03%
|
Liberty Energy Inc. (Class A)
| LBRT |
0.03%
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Grocery Outlet Holding Corp.
| GO |
0.03%
|
Millrose Properties, Inc. (Class A)
| MRP |
0.03%
|
Helmerich & Payne, Inc.
| HP |
0.02%
|
Vital Energy Inc.
| VTLE |
0.02%
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Alpha Metallurgical Resources, Inc.
| AMR |
0.02%
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Total Number of Holdings: 234 |
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Underlying Securities information represented above is as of 06/30/2025 but will vary with future fluctuations in the market. |
Risk Considerations Equity Risk. An investment in a portfolio containing common stocks is 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. Brexit Risk. The United Kingdom's official departure from the European Union (commonly referred to as "Brexit") led to volatility in global financial markets, in particular those of the United Kingdom and across Europe, and the weakening in political, regulatory, consumer, corporate and financial confidence in the United Kingdom and Europe. It is not currently possible to determine the extent of the impact that Brexit may have on the portfolio's investments and this uncertainty could negatively impact current and future economic conditions in the United Kingdom and other countries, which could negatively impact the value of the portfolio's investments. Buy & Hold Risk – Taxable Trusts. 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. Covenant-Lite Loan Risk. Certain of the funds invest significantly in "covenant-lite" loans, which are loans made with minimal protections for the lender. Because covenant-lite loans are less restrictive on borrowers and provide less protection for lenders than typical corporate loans, the risk of default may be significantly higher. ETF Risk. 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. Foreign Securities Risk. Securities of non-U.S. issuers are subject to additional risks, including currency fluctuations, political risks, withholding, the lack of adequate financial information, and exchange control restrictions impacting non-U.S. issuers. High-Yield or Junk Bonds Risk. Investing in high-yield securities should be viewed as speculative and you should review your ability to assume the risks associated with investments that utilize such bonds. 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 bonds and are affected by short-term credit developments to a greater degree. Investment Grade Bonds Risk. 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. Large-Cap Risk. Large capitalization companies may grow at a slower rate than the overall market. Market Disruption Risk. Ongoing armed conflicts between Russia and Ukraine in Europe and among Israel, Hamas and other militant groups in the Middle East, have caused and could continue to cause significant market disruptions and volatility within the markets in Russia, Europe, the Middle East and the United States. The hostilities and sanctions resulting from those hostilities could have a significant impact on certain investments as well as performance. Mortgage-Backed Securities Risk. Rising interest rates tend to extend the duration of mortgage-backed securities, making them more sensitive to changes in interest rates, and may reduce the market value of the securities. In addition, mortgage-backed securities are subject to prepayment risk, the risk that borrowers may pay off their mortgages sooner than expected, particularly when interest rates decline. Public Health Crisis Risk. A public health crisis, and the ensuing policies enacted by governments and central banks in response, could cause significant volatility and uncertainty in global financial markets, negatively impacting global growth prospects. Senior Loans Risk. The yield on 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. Small-Cap and Mid-Cap Risk. An investment in a portfolio containing small-cap and mid-cap companies is subject to additional risks, as the share prices of small-cap companies and certain mid-cap companies are often more volatile than those of larger companies due to several factors, including limited trading volumes, products, financial resources, management inexperience and less publicly available information. US Treasury Debt Instruments Risk. Debt instruments, such as U.S. Treasury obligations, are subject to numerous risks including higher interest rates, economic recession and deterioration of the bond market or investors' perceptions thereof. Volatility Risk. 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. Additional Risk. For a discussion of additional risks of investing in the trust see the "Risk Factors" section of the prospectus. Important Note. 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. Operational Risk. 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.
You should carefully consider the trust's investment objectives, risks, and charges and expenses 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 trust. Read it carefully before you invest.
This product information does not constitute an offer to sell, or a solicitation of an offer to buy securities in any state to any person to whom it is not lawful to make such an offer. Sales of any of these securities must include prospectus delivery and the services of a retail broker/dealer duly licensed in the appropriate states.
Not FDIC Insured, Not Bank Guaranteed and May Lose Value.
CUSIP identifiers have been provided by CUSIP Global Services, managed on behalf of the American Bankers Association by FactSet Research Systems Inc. and are not for use or dissemination in a manner that would serve as a substitute for any CUSIP service. The CUSIP Database, ©2025 CUSIP Global Services. "CUSIP" is a registered trademark of the American Bankers Association.
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30335F364 |
(Cash) |
30335F372 |
(Reinvest) |
30335F380 |
(Cash-Fee) |
30335F398 |
(Reinvest-Fee) |
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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.
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