Preferred Income Opportunity, 7

Trust Performance (as of 1/31/2019)

*Inception Date is 10/31/2017

Cumulative Total Return

Average Annual Total Return

YTD

Since
Inception^*

3 mo

6 mo

1 yr

3 yr

5 yr

10 yr

Since
Inception^*

Distributions Reinvested

With Transactional Sales Charge	6.44%	-3.46%	3.00%	-2.76%	1.17%	N/A	N/A	N/A	-2.78%
Without Transactional Sales Charge	6.44%	-2.14%	3.00%	-1.43%	2.55%	N/A	N/A	N/A	-1.72%

Distributions Received in Cash

With Transactional Sales Charge	6.44%	-3.63%	2.82%	-2.94%	0.97%	N/A	N/A	N/A	-2.91%
Without Transactional Sales Charge	6.44%	-2.32%	2.82%	-1.61%	2.35%	N/A	N/A	N/A	-1.85%

Performance Calculator

From Date:

To Date:

Cumulative
Total Return

Average Annual
Total Return

With Transactional Sales Charge (Distributions Reinvested)	-3.46%	-2.78%
Without Transactional Sales Charge (Distributions Reinvested)	-2.14%	-1.72%
With Transactional Sales Charge (Distributions Received in Cash)	-3.63%	-2.91%
Without Transactional Sales Charge (Distributions Received in Cash)	-2.32%	-1.85%

Sales Charges (based on a $10 public offering price)

Standard Accounts
Transactional Sales Charges:	Initial:	0.00%
	Deferred:	1.35%
Creation & Development Fee:		0.50%
Maximum Sales Charge:		1.85%

Fee/Wrap Accounts
Creation & Development Fee:	0.50%
Maximum Sales Charge:	0.50%

The table above shows the initial offering period sales charge. Certain performance periods shown on this page may begin after the end of the initial offering period and reflect a secondary market sales charge. Please see the prospectus for sales charge details, including the secondary market sales charge amount applicable to a period.

Past Performance is no indication of future results. Investment returns and principal value will fluctuate and units when sold or redeemed, may be worth more or less than their original cost. All returns are historical and do not represent potential future performance. This report is not and should not be construed as an offer to buy or sell securities.

Unless an index is indicated to be a price only index, all index returns assume that dividends are reinvested when they are received.

Returns With Transactional Sales Charge reflect the maximum transactional sales charge that would be payable by an investor upon sale or redemption of units at the end of the applicable period(s). The transactional sales charge includes any initial or deferred sales charges other than the creation and development fee. These returns do not reflect any creation and development fee prior to collection (generally the close of the initial offering period). Any creation and development fee is reflected in the returns as of the time of payment by a trust.

Returns Without Transactional Sales Charge do not reflect any transactional sales charge and do not reflect any creation and development fee prior to collection (generally the close of the initial offering period). Any creation and development fee is reflected in the returns as of the time of payment by a trust.

If applicable, returns shown with distributions reinvested assume distributions are reinvested on the reinvestment date.

Risk Considerations

Unit investment trusts are designed to be held until trust termination. If redeemed early, additional fees, such as remaining deferred sales charges, will be assessed.

Sector Concentration Risk. A portfolio which is concentrated in an individual sector is subject to additional risks, including limited diversification.

Financials Risk. The companies engaged in the financials sector are subject to the adverse effects of volatile interest rates, economic recession, decreases in the availability of capital, increased competition from new entrants in the field, and potential increased regulation.

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.

Preferred Securities Risk. Preferred securities are equity securities of the issuing company which pay income in the form of dividends. Preferred securities are typically subordinated to bonds and other debt instruments in a company's capital structure, and therefore will be subject to greater credit risk than those debt instruments.

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.

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.

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