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Investment Grade Multi-Asset Income, Long-Term, 29  Ticker: FJKLWX
 
Description
This unit investment trust seeks current income and capital preservation by investing in a fixed portfolio of investment grade corporate bonds and taxable municipal bonds.
Please note that there is no assurance the objective will be met.
 
Summary
Product Code: MALT29
Portfolio Status: Secondary
Initial Offer Date: 03/06/2018
Secondary Date: 07/09/2018
Wtd Avg Maturity: 19.9
ELTR Life: 19.7
Tax Structure: Regulated Investment Company
 
Initial Offer Price: $1,138.0400
NAV(*): $924.9200
POP(*): Not Avail
PAR(*): $987.5000
Remaining Deferred Sales Charge: $0.0000
* As of Trade Date: 03/27/2024 4:00pm ET
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.

 Income Information
CUSIP Frequency / Distributions Accrued Interest Estimated Annual Income Estimated Current Return Estimated Long Term Return
33739U805 Monthly $2.8300 $48.3300
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 Holdings  Export Current Holdings | View Initial Holdings  
CUSIPParDescriptionS&P RatingStCouponMaturity(M)
/Escrow(E)
/Refund(R)
Date
Next
Call Date
Call
Price
02765UCR3 245,000 AMERICAN MUNI PWR-OHIO INC OH REV TAXABLE-BABS, 6.053%, due 02/15/2043  A OH 6.05300 02/15/2043M    
00206RDS8 90,000 AT&T INC 5.45%, due 03/01/2047  BBB   5.45000 03/01/2047M 09/01/2046 100.0000
130179LF9 225,000 CALIFORNIA ST EDUCTNL FACS AUTH TAXABLE, 3.787%, due 04/01/2042  NR CA 3.78700 04/01/2042M 04/01/2027 100.0000
313747AX5 155,000 FEDERAL REALTY INVESTMENT TRUST 3.625%, due 08/01/2046  BBB+   3.62500 08/01/2046M 02/01/2046 100.0000
345370CS7 130,000 FORD MOTOR COMPANY 5.291%, due 12/08/2046  BBB-   5.29100 12/08/2046M 06/08/2046 100.0000
37045VAL4 125,000 GENERAL MOTORS CO 6.75%, due 04/01/2046  BBB   6.75000 04/01/2046M 10/01/2045 100.0000
375558AX1 145,000 GILEAD SCIENCES INC 4.80%, due 04/01/2044  BBB+   4.80000 04/01/2044M 10/01/2043 100.0000
389532FW7 90,000 GRAYS HARBOR CNTY WA PUBLIC UTIL DIST NO 001 TAXABLE-BABS-SER A, 6.707%, due 07/01/2040  A WA 6.70700 07/01/2040M    
56501RAD8 110,000 MANULIFE FINANCIAL CORP 5.375%, due 03/04/2046  A   5.37500 03/04/2046M    
56585AAM4 140,000 MARATHON PETROLEUM CORP 5.85%, due 12/15/2045  BBB   5.85000 12/15/2045M 06/15/2045 100.0000
59156RBR8 120,000 METLIFE INC 4.60%, due 05/13/2046  A-   4.60000 05/13/2046M 11/13/2045 100.0000
664845DQ4 90,000 NTHRN CA PWR AGY TAXABLE-BABS-SER B, 7.311%, due 06/01/2040  A- CA 7.31100 06/01/2040M    
665250BY1 165,000 NTHRN IL MUNI PWR AGY PWR PROJ REV TAXABLE-BABS, 7.82%, due 01/01/2040  NR IL 7.82000 01/01/2040M    
674599CF0 130,000 OCCIDENTAL PETROLEUM CORP 4.625%, due 06/15/2045  BB+   4.62500 06/15/2045M 12/15/2044 100.0000
718172BD0 135,000 PHILIP MORRIS INTL INC N/C, 4.875%, due 11/15/2043  A-   4.87500 11/15/2043M    
819420AB6 150,000 SHANDS TEACH HOSP CLINIC 4.741%, due 12/01/2042  A   4.74100 12/01/2042M    
828807CZ8 145,000 SIMON PROPERTY GROUP LP 4.25%, due 11/30/2046  A-   4.25000 11/30/2046M 05/30/2046 100.0000
837227H91 225,000 SOUTH CENTRAL CT REGL WTR AUTH WTR SYS REV TAXABLE-BABS, 6.393%, due 08/01/2040  AA- CT 6.39300 08/01/2040M    
87612EBG0 150,000 TARGET CORP 3.90%, due 11/15/2047  A   3.90000 11/15/2047M 05/15/2047 100.0000
91324PDF6 175,000 UNITEDHEALTH GROUP INC 3.75%, due 10/15/2047  A+   3.75000 10/15/2047M 04/15/2047 100.0000
384802AB0 130,000 WW GRAINGER INC 4.60%, due 06/15/2045  A+   4.60000 06/15/2045M 12/15/2044 100.0000
 
Total Number of Holdings:    21


Risk Considerations

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.

COVID-19 Economic Impact Risk. The ongoing effects of the COVID-19 global pandemic, or the potential impacts of any future public health crisis, may cause significant volatility and uncertainty in global financial markets. While vaccines have been developed, there is no guarantee that vaccines will be effective against future variants of the disease.

Insurance Risks. Certain of the securities in the trust are covered by insurance policies obtained by the issuers or underwriters of the bonds from insurance companies. There can be no assurance that any insurer will be able to satisfy its commitments in the event claims are made in the future.

REITs Risk. An investment in a portfolio containing REIT securities is subject to additional risks including limited diversification. 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.

Taxable Bond Risk. Taxable bonds are subject to numerous risks including rising interest rates, economic recession, deterioration of the bond market, possible downgrades, increased volatility, reduced liquidity and defaults of interest and/or principal.

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.

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.

Estimated current return is determined by dividing a Trust's estimated net annual interest income per unit by the public offering price per unit. Estimated long-term return is a measure of the estimated return over the estimated life of a Trust. Unlike estimated current return, estimated long-term return reflects maturities, estimated principal prepayments, Trust charges and expenses, and discounts and premiums of securities in a Trust. Returns and prices will fluctuate. Consult a prospectus for a more complete description of the estimated current return and estimated long-term return calculations.

Some of the information may have been obtained from third parties, including ratings from credit ratings agencies such as Standard & Poor's. Reproduction and distribution of third party content in any form is prohibited except with the prior written permission of the related third party. Third party content providers do not guarantee the accuracy, completeness, timeliness or availability of any information, including ratings, and are not responsible for any errors or omissions (negligent or otherwise), regardless of the cause, or for the results obtained from the use of such content. THIRD PARTY CONTENT PROVIDERS GIVE NO EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO, ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE. THIRD PARTY CONTENT PROVIDERS SHALL NOT BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, EXEMPLARY, COMPESATORY, PUNITIVE, SPECIAL OR CONSEQUENTIAL DAMAGES, COSTS, EXPENSES, LEGAL FEES, OR LOSSES (INCLUDING LOST INCOME OR PROFITS AND OPPORTUNITY COSTS) IN CONNECTION WITH ANY USE OF THEIR CONTENT, INCLUDING RATINGS. Credit ratings are statements of opinions and are not statements of fact or recommendations to purchase, hold or sell securities. They do not address the suitability of securities or the suitability of securities for investment purposes, and should not be relied on as investment advice. Please see the prospectus for a full description of the bond ratings.

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, ©2024 CUSIP Global Services. "CUSIP" is a registered trademark of the American Bankers Association.

Fund Cusip Information
33739U805 (Cash)
33739U813 (Cash-Wrap)
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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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