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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: |
4S2Q26 |
| Portfolio Status: |
Secondary |
| Initial Offer Date: |
04/13/2026 |
| Secondary Date: |
07/14/2026 |
| Portfolio Ending Date: |
07/16/2027 |
| Tax Structure: |
Regulated Investment Company |
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| Initial Offer Price: |
$10.0000 |
| NAV(*): |
$9.8743 |
| POP(*): |
$10.0095 |
| Remaining Deferred Sales Charge: |
$0.0900 |
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* As of Trade Date: 08/05/2026 4:00pm ET
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The Public Offering Price (POP) represents the net asset value per unit plus any 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 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. 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 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 twelve 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. For trusts that include funds, distributions may include realized short-term
capital gains, realized long-term capital gains and/or return of capital.
|
|
State Street SPDR Blackstone Senior Loan ETF
| SRLN |
2.38%
|
|
VanEck IG Floating Rate ETF
| FLTR |
2.38%
|
|
Invesco Senior Loan ETF
| BKLN |
2.37%
|
|
WisdomTree Floating Rate Treasury Fund
| USFR |
2.37%
|
|
Franklin Senior Loan ETF
| FLBL |
2.37%
|
|
First Trust Tactical High Yield ETF
| HYLS |
2.36%
|
|
iShares 0-5 Year High Yield Corporate Bond ETF
| SHYG |
2.36%
|
|
iShares Broad USD High Yield Corporate Bond ETF
| USHY |
2.36%
|
|
State Street SPDR Portfolio High Yield Bond ETF
| SPHY |
2.36%
|
|
Invesco Variable Rate Preferred ETF
| VRP |
2.36%
|
|
Franklin High Yield Corporate ETF
| FLHY |
2.36%
|
|
PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
| HYS |
2.35%
|
|
First Trust Preferred Securities and Income ETF
| FPE |
2.35%
|
|
State Street SPDR Bloomberg Short Term High Yield Bond ETF
| SJNK |
2.35%
|
|
First Trust Limited Duration Investment Grade Corporate ETF
| FSIG |
2.35%
|
|
iShares High Yield Systematic Bond ETF
| HYDB |
2.35%
|
|
First Trust Structured Credit Income Opportunities ETF
| SCIO |
2.35%
|
|
VanEck J.P. Morgan EM Local Currency Bond ETF
| EMLC |
2.34%
|
|
Vanguard Mortgage-Backed Securities ETF
| VMBS |
2.33%
|
|
State Street SPDR Portfolio Corporate Bond ETF
| SPBO |
2.33%
|
|
Janus Henderson Mortgage-Backed Securities ETF
| JMBS |
2.32%
|
|
First Trust Core Investment Grade ETF
| FTCB |
2.32%
|
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iShares 10+ Year Investment Grade Corporate Bond ETF
| IGLB |
2.30%
|
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Vanguard Long-Term Corporate Bond ETF
| VCLT |
2.29%
|
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State Street SPDR Portfolio Long Term Corporate Bond ETF
| SPLB |
2.29%
|
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Cisco Systems, Inc.
| CSCO |
0.49%
|
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Automatic Data Processing, Inc.
| ADP |
0.47%
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The Travelers Companies, Inc.
| TRV |
0.42%
|
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The Allstate Corporation
| ALL |
0.41%
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Monster Beverage Corporation
| MNST |
0.41%
|
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Elevance Health Inc.
| ELV |
0.40%
|
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Union Pacific Corporation
| UNP |
0.39%
|
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Keurig Dr Pepper Inc.
| KDP |
0.39%
|
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M&T Bank Corporation
| MTB |
0.38%
|
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eBay Inc.
| EBAY |
0.38%
|
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General Dynamics Corporation
| GD |
0.38%
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Alphabet Inc. (Class A)
| GOOGL |
0.38%
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Howmet Aerospace Inc.
| HWM |
0.38%
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Bristol-Myers Squibb Company
| BMY |
0.37%
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The Coca-Cola Company
| KO |
0.37%
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Sysco Corporation
| SYY |
0.37%
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Adobe Incorporated
| ADBE |
0.37%
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Ross Stores, Inc.
| ROST |
0.37%
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Becton, Dickinson and Company
| BDX |
0.36%
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The Progressive Corporation
| PGR |
0.36%
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Targa Resources Corp.
| TRGP |
0.36%
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Johnson & Johnson
| JNJ |
0.35%
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EOG Resources, Inc.
| EOG |
0.35%
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Berkshire Hathaway Inc. (Class B)
| BRK/B |
0.35%
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EMCOR Group, Inc.
| EME |
0.35%
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International Business Machines Corporation
| IBM |
0.34%
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The Hartford Insurance Group, Inc.
| HIG |
0.34%
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D.R. Horton, Inc.
| DHI |
0.34%
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Parker-Hannifin Corporation
| PH |
0.34%
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DBS Group Holdings Ltd. (ADR)
| DBSDY |
0.34%
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The Cigna Group
| CI |
0.34%
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The Walt Disney Company
| DIS |
0.33%
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The Procter & Gamble Company
| PG |
0.33%
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Waste Management, Inc.
| WM |
0.33%
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Chipotle Mexican Grill, Inc.
| CMG |
0.33%
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Oversea-Chinese Banking Corporation Limited (ADR)
| OVCHY |
0.33%
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ExxonMobil Holdings Corp.
| XOM |
0.33%
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The TJX Companies, Inc.
| TJX |
0.32%
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McKesson Corporation
| MCK |
0.32%
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ConocoPhillips
| COP |
0.32%
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ResMed Inc.
| RMD |
0.32%
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Gilead Sciences, Inc.
| GILD |
0.32%
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Cheniere Energy, Inc.
| LNG |
0.32%
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Cboe Global Markets, Inc.
| CBOE |
0.32%
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Baker Hughes Company (Class A)
| BKR |
0.32%
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Xcel Energy Inc.
| XEL |
0.31%
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Duke Energy Corporation
| DUK |
0.31%
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PG&E Corporation
| PCG |
0.31%
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Consolidated Edison, Inc.
| ED |
0.31%
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Exelon Corporation
| EXC |
0.31%
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HSBC Holdings plc (ADR)
| HSBC |
0.31%
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Atmos Energy Corporation
| ATO |
0.30%
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Devon Energy Corporation
| DVN |
0.30%
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Copart, Inc.
| CPRT |
0.30%
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EQT Corporation
| EQT |
0.30%
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AT&T Inc.
| T |
0.29%
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Walmart Inc.
| WMT |
0.29%
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Comcast Corporation (Class A)
| CMCSA |
0.29%
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PepsiCo, Inc.
| PEP |
0.29%
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Anheuser-Busch InBev S.A./N.V. (ADR)
| BUD |
0.29%
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Tokio Marine Holdings, Inc. (ADR)
| TKOMY |
0.29%
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Chubb Limited
| CB |
0.28%
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Las Vegas Sands Corp.
| LVS |
0.28%
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Fast Retailing Co., Ltd. (ADR)
| FRCOY |
0.28%
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Industria de Diseno Textil, S.A. (ADR)
| IDEXY |
0.28%
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Newmont Corporation
| NEM |
0.27%
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HCA Healthcare, Inc.
| HCA |
0.27%
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British American Tobacco Plc (ADR)
| BTI |
0.26%
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Suncor Energy Inc.
| SU |
0.26%
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Canadian Natural Resources Limited
| CNQ |
0.26%
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BAE Systems Plc (ADR)
| BAESY |
0.26%
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Equinor ASA
| EQNR |
0.26%
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NTT, Inc. (ADR)
| NTTYY |
0.26%
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Rio Tinto plc (ADR)
| RIO |
0.26%
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|
Air Liquide S.A. (ADR)
| AIQUY |
0.26%
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Itochu Corp. (ADR)
| ITOCY |
0.26%
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Prosus N.V. (ADR)
| PROSY |
0.26%
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Shell Plc (ADR)
| SHEL |
0.26%
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Eni S.p.A. (ADR)
| E |
0.25%
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Linde Plc
| LIN |
0.25%
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Sanofi (ADR)
| SNY |
0.24%
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Engie S.A. (ADR)
| ENGIY |
0.24%
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Vinci S.A. (ADR)
| VCISY |
0.24%
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Muenchener Rueckversicherungs-Gesellschaft AG (MunichRe) (ADR)
| MURGY |
0.24%
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PDD Holdings Inc. (ADR)
| PDD |
0.24%
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Deutsche Telekom AG (ADR)
| DTEGY |
0.23%
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Zoetis Inc.
| ZTS |
0.21%
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Chugai Pharmaceutical Co., Ltd. (ADR)
| CHGCY |
0.20%
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AstraZeneca Plc
| AZN |
0.20%
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IES Holdings, Inc.
| IESC |
0.19%
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Agnico Eagle Mines Limited
| AEM |
0.18%
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SEI Investments Company
| SEIC |
0.18%
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|
Neurocrine Biosciences, Inc.
| NBIX |
0.17%
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|
Carpenter Technology Corporation
| CRS |
0.17%
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|
FactSet Research Systems Inc.
| FDS |
0.17%
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|
Dollar Tree, Inc.
| DLTR |
0.17%
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|
Mohawk Industries, Inc.
| MHK |
0.17%
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|
Exelixis, Inc.
| EXEL |
0.17%
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|
The Hanover Insurance Group, Inc.
| THG |
0.17%
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|
Texas Roadhouse, Inc.
| TXRH |
0.17%
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|
Krystal Biotech, Inc.
| KRYS |
0.17%
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|
Globe Life Inc.
| GL |
0.16%
|
|
Incyte Corporation
| INCY |
0.16%
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|
Bio-Rad Laboratories, Inc. (Class A)
| BIO |
0.16%
|
|
Mueller Industries, Inc.
| MLI |
0.15%
|
|
MGIC Investment Corporation
| MTG |
0.15%
|
|
PulteGroup, Inc.
| PHM |
0.15%
|
|
Crown Holdings, Inc.
| CCK |
0.15%
|
|
First Solar, Inc.
| FSLR |
0.15%
|
|
BioMarin Pharmaceutical Inc.
| BMRN |
0.15%
|
|
SouthState Bank Corporation
| SSB |
0.15%
|
|
Sprouts Farmers Market, Inc.
| SFM |
0.15%
|
|
Enact Holdings, Inc.
| ACT |
0.15%
|
|
Casey's General Stores, Inc.
| CASY |
0.14%
|
|
Snap-on Incorporated
| SNA |
0.14%
|
|
AptarGroup, Inc.
| ATR |
0.14%
|
|
Jack Henry & Associates, Inc.
| JKHY |
0.14%
|
|
Toll Brothers, Inc.
| TOL |
0.14%
|
|
SM Energy Company
| SM |
0.14%
|
|
Darden Restaurants, Inc.
| DRI |
0.14%
|
|
ESCO Technologies Inc.
| ESE |
0.14%
|
|
US Foods Holding Corp.
| USFD |
0.14%
|
|
BJ's Wholesale Club Holdings, Inc.
| BJ |
0.14%
|
|
Ovintiv Inc.
| OVV |
0.14%
|
|
FirstCash Holdings, Inc.
| FCFS |
0.14%
|
|
McCormick & Company, Incorporated
| MKC |
0.13%
|
|
Murphy Oil Corporation
| MUR |
0.13%
|
|
The New York Times Company (Class A)
| NYT |
0.13%
|
|
Zimmer Biomet Holdings, Inc.
| ZBH |
0.13%
|
|
EnerSys
| ENS |
0.13%
|
|
CF Industries Holdings, Inc.
| CF |
0.13%
|
|
Archrock, Inc.
| AROC |
0.13%
|
|
Argan, Inc.
| AGX |
0.13%
|
|
Permian Resources Corp.
| PR |
0.13%
|
|
Universal Health Services, Inc. (Class B)
| UHS |
0.12%
|
|
Edison International
| EIX |
0.12%
|
|
Ingredion Incorporated
| INGR |
0.12%
|
|
CNX Resources Corporation
| CNX |
0.12%
|
|
Kirby Corporation
| KEX |
0.12%
|
|
Deckers Outdoor Corporation
| DECK |
0.12%
|
|
The Ensign Group, Inc.
| ENSG |
0.12%
|
|
The Mosaic Company
| MOS |
0.12%
|
|
Antero Resources Corporation
| AR |
0.12%
|
|
VICI Properties Inc.
| VICI |
0.12%
|
|
Cirrus Logic, Inc.
| CRUS |
0.11%
|
|
National Fuel Gas Company
| NFG |
0.11%
|
|
United Therapeutics Corporation
| UTHR |
0.11%
|
|
ONE Gas, Inc.
| OGS |
0.11%
|
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Tradeweb Markets Inc. (Class A)
| TW |
0.11%
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|
Compass, Inc. (Class A)
| COMP |
0.11%
|
|
CoreCivic, Inc.
| CXW |
0.10%
|
|
Pilgrim's Pride Corporation
| PPC |
0.10%
|
|
Chemed Corporation
| CHE |
0.09%
|
|
Oceaneering International, Inc.
| OII |
0.09%
|
|
Iridium Communications Inc.
| IRDM |
0.09%
|
|
NetScout Systems, Inc.
| NTCT |
0.09%
|
|
Par Pacific Holdings, Inc.
| PARR |
0.09%
|
|
Harley-Davidson, Inc.
| HOG |
0.08%
|
|
1st Source Corporation
| SRCE |
0.08%
|
|
Brady Corporation
| BRC |
0.08%
|
|
Radian Group Inc.
| RDN |
0.08%
|
|
Urban Outfitters, Inc.
| URBN |
0.08%
|
|
M/I Homes, Inc.
| MHO |
0.08%
|
|
Plexus Corp.
| PLXS |
0.08%
|
|
Spectrum Brands Holdings, Inc.
| SPB |
0.08%
|
|
Covista Inc.
| CVSA |
0.08%
|
|
PriceSmart, Inc.
| PSMT |
0.08%
|
|
Federated Hermes, Inc. (Class B)
| FHI |
0.08%
|
|
Mercury General Corporation
| MCY |
0.08%
|
|
Rush Enterprises, Inc. (Class A)
| RUSHA |
0.08%
|
|
Matson, Inc.
| MATX |
0.08%
|
|
Central Garden & Pet Company (Class A)
| CENTA |
0.08%
|
|
ACADIA Pharmaceuticals Inc.
| ACAD |
0.08%
|
|
Enterprise Financial Services Corp
| EFSC |
0.08%
|
|
Graphic Packaging Holding Company
| GPK |
0.08%
|
|
NMI Holdings, Inc. (Class A)
| NMIH |
0.08%
|
|
Laureate Education, Inc. (Class A)
| LAUR |
0.08%
|
|
Cactus, Inc. (Class A)
| WHD |
0.08%
|
|
Sonoco Products Company
| SON |
0.07%
|
|
Patterson-UTI Energy, Inc.
| PTEN |
0.07%
|
|
KB Home
| KBH |
0.07%
|
|
Abercrombie & Fitch Co. (Class A)
| ANF |
0.07%
|
|
Weis Markets, Inc.
| WMK |
0.07%
|
|
Strategic Education, Inc.
| STRA |
0.07%
|
|
Cal-Maine Foods, Inc.
| CALM |
0.07%
|
|
International Bancshares Corporation
| IBOC |
0.07%
|
|
EZCORP, Inc.
| EZPW |
0.07%
|
|
H2O America
| HTO |
0.07%
|
|
AZZ Inc.
| AZZ |
0.07%
|
|
Green Brick Partners, Inc.
| GRBK |
0.07%
|
|
Palomar Holdings, Inc.
| PLMR |
0.07%
|
|
Erasca, Inc.
| ERAS |
0.07%
|
|
Tootsie Roll Industries, Inc.
| TR |
0.06%
|
|
FTI Consulting, Inc.
| FCN |
0.06%
|
|
Avista Corporation
| AVA |
0.06%
|
|
Innoviva, Inc.
| INVA |
0.06%
|
|
Ingles Markets, Incorporated
| IMKTA |
0.06%
|
|
Stride, Inc.
| LRN |
0.06%
|
|
Freshpet, Inc.
| FRPT |
0.06%
|
|
DXC Technology Company
| DXC |
0.06%
|
|
Tidewater Inc.
| TDW |
0.06%
|
|
Core Natural Resources Inc.
| CNR |
0.06%
|
|
Talos Energy Inc.
| TALO |
0.06%
|
|
Crescent Energy Company
| CRGY |
0.06%
|
|
The Marzetti Company
| MZTI |
0.05%
|
|
Liberty Energy Inc. (Class A)
| LBRT |
0.05%
|
|
Gulfport Energy Corporation
| GPOR |
0.05%
|
|
Alignment Healthcare, Inc.
| ALHC |
0.04%
|
|
| |
| Total Number of Holdings: 233 |
|
| Underlying Securities information represented above is as of 08/04/2026 but will vary with future fluctuations in the market. |
| Deferred Sales Charge Schedule |
|
$0.04500
|
July 20, 2026
|
|
$0.04500
|
August 20, 2026
|
|
$0.04500
|
September 18, 2026
|
|
|
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. 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. 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. Covenant-lite loans contain fewer or no maintenance covenants and may hinder the funds' ability to reprice credit risk and mitigate potential loss especially during a downturn in the credit cycle. 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. Floating Rate Risk. A floating-rate security is an instrument in which the interest rate payable on the obligation fluctuates on a periodic basis based upon changes in an interest rate benchmark. As a result, the yield on such a security will generally decline in a falling interest rate environment, causing the trust to experience a reduction in the income it receives from such securities. 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 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. 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 Risk. Market risk is the risk that a particular security, or units of a trust in general may fall in value. Securities are subject to market fluctuations caused by such factors as general economic conditions, political events, regulatory or market developments, changes in interest rates, and perceived trends in securities prices. Units of a trust could decline in value or underperform other investments as a result. In addition, local, regional, or global events such as war, acts of terrorism, spread of infectious disease or other public health issues, recessions, natural disasters, or other events could have significant negative impact on a trust. 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. Senior Loans Risk. The yield on funds which invest in 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 Obligations Risk. 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 organization 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, ©2026 CUSIP Global Services. "CUSIP" is a registered trademark of the American Bankers Association.
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| 30344J548 |
(Cash) |
| 30344J555 |
(Reinvest) |
| 30344J563 |
(Cash-Fee) |
| 30344J571 |
(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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