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A unit investment trust which seeks the potential for above-average total return by investing approximately 75% of its assets in common stocks which are selected by applying a disciplined investment strategy and 25% 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: |
7S1Q26 |
| Portfolio Status: |
Secondary |
| Initial Offer Date: |
01/13/2026 |
| Secondary Date: |
04/13/2026 |
| Portfolio Ending Date: |
04/16/2027 |
| Tax Structure: |
Regulated Investment Company |
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| Initial Offer Price: |
$10.0000 |
| NAV(*): |
$10.0567 |
| POP(*): |
$10.1943 |
| Remaining Deferred Sales Charge: |
$0.0900 |
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* As of Trade Date: 05/01/2026 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.
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Corning Incorporated
| GLW |
1.14%
|
|
State Street SPDR Bloomberg Investment Grade Floating Rate ETF
| FLRN |
0.98%
|
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State Street SPDR Bloomberg High Yield Bond ETF
| JNK |
0.97%
|
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Vanguard Mortgage-Backed Securities ETF
| VMBS |
0.97%
|
|
iShares 0-5 Year High Yield Corporate Bond ETF
| SHYG |
0.97%
|
|
VanEck IG Floating Rate ETF
| FLTR |
0.97%
|
|
Invesco Variable Rate Preferred ETF
| VRP |
0.97%
|
|
WisdomTree Floating Rate Treasury Fund
| USFR |
0.97%
|
|
Franklin High Yield Corporate ETF
| FLHY |
0.97%
|
|
VanEck J.P. Morgan EM Local Currency Bond ETF
| EMLC |
0.96%
|
|
PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
| HYS |
0.96%
|
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First Trust Preferred Securities and Income ETF
| FPE |
0.96%
|
|
State Street SPDR Bloomberg Short Term High Yield Bond ETF
| SJNK |
0.96%
|
|
State Street SPDR Portfolio Corporate Bond ETF
| SPBO |
0.96%
|
|
iShares Broad USD High Yield Corporate Bond ETF
| USHY |
0.96%
|
|
State Street SPDR Portfolio High Yield Bond ETF
| SPHY |
0.96%
|
|
Janus Henderson Mortgage-Backed Securities ETF
| JMBS |
0.96%
|
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First Trust Limited Duration Investment Grade Corporate ETF
| FSIG |
0.96%
|
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iShares High Yield Systematic Bond ETF
| HYDB |
0.96%
|
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First Trust Core Investment Grade ETF
| FTCB |
0.96%
|
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Vanguard Long-Term Corporate Bond ETF
| VCLT |
0.95%
|
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Invesco Senior Loan ETF
| BKLN |
0.95%
|
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iShares 10+ Year Investment Grade Corporate Bond ETF
| IGLB |
0.95%
|
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State Street SPDR Portfolio Long Term Corporate Bond ETF
| SPLB |
0.95%
|
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First Trust Tactical High Yield ETF
| HYLS |
0.95%
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State Street SPDR Blackstone Senior Loan ETF
| SRLN |
0.95%
|
|
Targa Resources Corp.
| TRGP |
0.91%
|
|
Micron Technology, Inc.
| MU |
0.90%
|
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Caterpillar Inc.
| CAT |
0.88%
|
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Baker Hughes Company (Class A)
| BKR |
0.88%
|
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Diamondback Energy, Inc.
| FANG |
0.85%
|
|
EOG Resources, Inc.
| EOG |
0.81%
|
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ConocoPhillips
| COP |
0.80%
|
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Exxon Mobil Corporation
| XOM |
0.75%
|
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Chevron Corporation
| CVX |
0.73%
|
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Ross Stores, Inc.
| ROST |
0.71%
|
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Alphabet Inc. (Class A)
| GOOGL |
0.71%
|
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The Coca-Cola Company
| KO |
0.68%
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Walmart Inc.
| WMT |
0.68%
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Consolidated Edison, Inc.
| ED |
0.68%
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AMETEK, Inc.
| AME |
0.68%
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eBay Inc.
| EBAY |
0.67%
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CME Group Inc.
| CME |
0.67%
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Amazon.com, Inc.
| AMZN |
0.66%
|
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Costco Wholesale Corporation
| COST |
0.65%
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Fastenal Company
| FAST |
0.65%
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The Travelers Companies, Inc.
| TRV |
0.65%
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PG&E Corporation
| PCG |
0.64%
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Gilead Sciences, Inc.
| GILD |
0.64%
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Keurig Dr Pepper Inc.
| KDP |
0.64%
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The Allstate Corporation
| ALL |
0.63%
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Strategy Incorporated (Class A)
| MSTR |
0.62%
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Merck & Co., Inc.
| MRK |
0.61%
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PACCAR Inc
| PCAR |
0.61%
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Sysco Corporation
| SYY |
0.61%
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BHP Group Limited (ADR)
| BHP |
0.61%
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The TJX Companies, Inc.
| TJX |
0.61%
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McKesson Corporation
| MCK |
0.61%
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The Hartford Insurance Group, Inc.
| HIG |
0.61%
|
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Elevance Health Inc.
| ELV |
0.61%
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Shell Plc (ADR)
| SHEL |
0.61%
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Newmont Corporation
| NEM |
0.60%
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Monster Beverage Corporation
| MNST |
0.60%
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D.R. Horton, Inc.
| DHI |
0.59%
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Rio Tinto plc (ADR)
| RIO |
0.59%
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Berkshire Hathaway Inc. (Class B)
| BRK/B |
0.58%
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General Dynamics Corporation
| GD |
0.58%
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Parker-Hannifin Corporation
| PH |
0.58%
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Ameriprise Financial, Inc.
| AMP |
0.58%
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Delta Air Lines, Inc.
| DAL |
0.58%
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Comcast Corporation (Class A)
| CMCSA |
0.57%
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Regeneron Pharmaceuticals, Inc.
| REGN |
0.57%
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Vertex Pharmaceuticals Incorporated
| VRTX |
0.57%
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Tokio Marine Holdings, Inc. (ADR)
| TKOMY |
0.57%
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The Walt Disney Company
| DIS |
0.56%
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The Progressive Corporation
| PGR |
0.56%
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Fast Retailing Co., Ltd. (ADR)
| FRCOY |
0.56%
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General Motors Company
| GM |
0.56%
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Zoetis Inc.
| ZTS |
0.56%
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Las Vegas Sands Corp.
| LVS |
0.55%
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Anheuser-Busch InBev S.A./N.V. (ADR)
| BUD |
0.55%
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HCA Healthcare, Inc.
| HCA |
0.55%
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American Express Company
| AXP |
0.54%
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Uber Technologies, Inc.
| UBER |
0.54%
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Expedia Group, Inc.
| EXPE |
0.52%
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Iberdrola, S.A. (ADR)
| IBDRY |
0.52%
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Enel SpA (ADR)
| ENLAY |
0.52%
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Novartis AG (ADR)
| NVS |
0.51%
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Chubb Limited
| CB |
0.51%
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Vinci S.A. (ADR)
| VCISY |
0.51%
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GSK Plc (ADR)
| GSK |
0.50%
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Muenchener Rueckversicherungs-Gesellschaft AG (MunichRe) (ADR)
| MURGY |
0.50%
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Automatic Data Processing, Inc.
| ADP |
0.49%
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Banco Santander S.A. (ADR)
| SAN |
0.49%
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Chugai Pharmaceutical Co., Ltd. (ADR)
| CHGCY |
0.49%
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AstraZeneca Plc
| AZN |
0.49%
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Agnico Eagle Mines Limited
| AEM |
0.47%
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Sanofi (ADR)
| SNY |
0.47%
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NTT, Inc. (ADR)
| NTTYY |
0.46%
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Becton, Dickinson and Company
| BDX |
0.45%
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|
International Business Machines Corporation
| IBM |
0.45%
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|
HEICO Corporation
| HEI |
0.45%
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Itochu Corp. (ADR)
| ITOCY |
0.45%
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Banco Bilbao Vizcaya Argentaria, S.A. (ADR)
| BBVA |
0.44%
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Industria de Diseno Textil, S.A. (ADR)
| IDEXY |
0.43%
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Toyota Motor Corporation
| TM |
0.42%
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PDD Holdings Inc. (ADR)
| PDD |
0.41%
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Barrick Mining Corporation
| B |
0.39%
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IQVIA Holdings Inc.
| IQV |
0.39%
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Cognizant Technology Solutions Corporation
| CTSH |
0.38%
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IES Holdings, Inc.
| IESC |
0.37%
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Permian Resources Corp.
| PR |
0.37%
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Recruit Holdings Co., Ltd. (ADR)
| RCRUY |
0.37%
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Prosus N.V. (ADR)
| PROSY |
0.36%
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Devon Energy Corporation
| DVN |
0.35%
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Coterra Energy Inc.
| CTRA |
0.35%
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Rheinmetall AG (ADR)
| RNMBY |
0.35%
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Novo Nordisk A/S (ADR)
| NVO |
0.34%
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Casey's General Stores, Inc.
| CASY |
0.33%
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Coca-Cola Consolidated, Inc.
| COKE |
0.33%
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Primoris Services Corporation
| PRIM |
0.33%
|
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Range Resources Corporation
| RRC |
0.31%
|
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EMCOR Group, Inc.
| EME |
0.31%
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Accenture plc
| ACN |
0.31%
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United Therapeutics Corporation
| UTHR |
0.30%
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Antero Resources Corporation
| AR |
0.30%
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Fluor Corporation
| FLR |
0.29%
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NOV Inc.
| NOV |
0.29%
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Dycom Industries, Inc.
| DY |
0.29%
|
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Kirby Corporation
| KEX |
0.29%
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|
Edison International
| EIX |
0.28%
|
|
Lumen Technologies, Inc.
| LUMN |
0.27%
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Snap-on Incorporated
| SNA |
0.27%
|
|
Mueller Industries, Inc.
| MLI |
0.27%
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|
The New York Times Company (Class A)
| NYT |
0.27%
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|
Argan, Inc.
| AGX |
0.27%
|
|
Globe Life Inc.
| GL |
0.26%
|
|
SEI Investments Company
| SEIC |
0.26%
|
|
The Hanover Insurance Group, Inc.
| THG |
0.26%
|
|
The Ensign Group, Inc.
| ENSG |
0.26%
|
|
Cincinnati Financial Corporation
| CINF |
0.25%
|
|
Biogen Inc.
| BIIB |
0.25%
|
|
Lear Corporation
| LEA |
0.25%
|
|
Sprouts Farmers Market, Inc.
| SFM |
0.25%
|
|
VICI Properties Inc.
| VICI |
0.25%
|
|
BJ's Wholesale Club Holdings, Inc.
| BJ |
0.25%
|
|
Urban Outfitters, Inc.
| URBN |
0.24%
|
|
Toll Brothers, Inc.
| TOL |
0.24%
|
|
Ingredion Incorporated
| INGR |
0.24%
|
|
Exelixis, Inc.
| EXEL |
0.24%
|
|
Deckers Outdoor Corporation
| DECK |
0.24%
|
|
SouthState Bank Corporation
| SSB |
0.24%
|
|
Globus Medical, Inc. (Class A)
| GMED |
0.24%
|
|
MGIC Investment Corporation
| MTG |
0.23%
|
|
Darden Restaurants, Inc.
| DRI |
0.23%
|
|
NewMarket Corporation
| NEU |
0.23%
|
|
BioMarin Pharmaceutical Inc.
| BMRN |
0.23%
|
|
Krystal Biotech, Inc.
| KRYS |
0.23%
|
|
Incyte Corporation
| INCY |
0.22%
|
|
Patterson-UTI Energy, Inc.
| PTEN |
0.22%
|
|
Expeditors International of Washington, Inc.
| EXPD |
0.22%
|
|
PulteGroup, Inc.
| PHM |
0.22%
|
|
InterDigital, Inc.
| IDCC |
0.22%
|
|
The Mosaic Company
| MOS |
0.22%
|
|
SM Energy Company
| SM |
0.21%
|
|
Mohawk Industries, Inc.
| MHK |
0.21%
|
|
Texas Roadhouse, Inc.
| TXRH |
0.21%
|
|
First Solar, Inc.
| FSLR |
0.21%
|
|
Liberty Energy Inc. (Class A)
| LBRT |
0.21%
|
|
Fox Corporation (Class A)
| FOXA |
0.21%
|
|
Jack Henry & Associates, Inc.
| JKHY |
0.20%
|
|
Abercrombie & Fitch Co. (Class A)
| ANF |
0.20%
|
|
Remitly Global, Inc.
| RELY |
0.20%
|
|
Universal Health Services, Inc. (Class B)
| UHS |
0.19%
|
|
Plexus Corp.
| PLXS |
0.19%
|
|
Erie Indemnity Company
| ERIE |
0.19%
|
|
Archrock, Inc.
| AROC |
0.19%
|
|
Bright Horizons Family Solutions Inc.
| BFAM |
0.19%
|
|
Ulta Beauty, Inc.
| ULTA |
0.19%
|
|
Terns Pharmaceuticals, Inc.
| TERN |
0.19%
|
|
Clear Secure, Inc. (Class A)
| YOU |
0.19%
|
|
Photronics, Inc.
| PLAB |
0.18%
|
|
StoneX Group Inc.
| SNEX |
0.18%
|
|
Matador Resources Company
| MTDR |
0.18%
|
|
Medpace Holdings, Inc.
| MEDP |
0.17%
|
|
Murphy Oil Corporation
| MUR |
0.16%
|
|
EnerSys
| ENS |
0.16%
|
|
Matson, Inc.
| MATX |
0.16%
|
|
Tri Pointe Homes, Inc.
| TPH |
0.16%
|
|
UniFirst Corporation
| UNF |
0.15%
|
|
Rush Enterprises, Inc. (Class A)
| RUSHA |
0.15%
|
|
NetScout Systems, Inc.
| NTCT |
0.15%
|
|
Catalyst Pharmaceuticals, Inc.
| CPRX |
0.15%
|
|
Compass, Inc. (Class A)
| COMP |
0.15%
|
|
Harley-Davidson, Inc.
| HOG |
0.14%
|
|
PriceSmart, Inc.
| PSMT |
0.14%
|
|
AZZ Inc.
| AZZ |
0.14%
|
|
UiPath, Inc. (Class A)
| PATH |
0.14%
|
|
Otter Tail Corporation
| OTTR |
0.13%
|
|
WaFd Inc.
| WAFD |
0.13%
|
|
Radian Group Inc.
| RDN |
0.13%
|
|
Waters Corporation
| WAT |
0.13%
|
|
CNX Resources Corporation
| CNX |
0.13%
|
|
Federated Hermes, Inc. (Class B)
| FHI |
0.13%
|
|
Mercury General Corporation
| MCY |
0.13%
|
|
Cal-Maine Foods, Inc.
| CALM |
0.13%
|
|
International Bancshares Corporation
| IBOC |
0.13%
|
|
Avista Corporation
| AVA |
0.13%
|
|
Portland General Electric Company
| POR |
0.13%
|
|
Apple Hospitality REIT, Inc.
| APLE |
0.13%
|
|
Cactus, Inc. (Class A)
| WHD |
0.13%
|
|
Privia Health Group, Inc.
| PRVA |
0.13%
|
|
Enact Holdings, Inc.
| ACT |
0.13%
|
|
Brady Corporation
| BRC |
0.12%
|
|
Covista Inc.
| CVSA |
0.12%
|
|
The Western Union Company
| WU |
0.12%
|
|
Grand Canyon Education, Inc.
| LOPE |
0.12%
|
|
OPENLANE Inc.
| OPLN |
0.12%
|
|
NMI Holdings, Inc. (Class A)
| NMIH |
0.12%
|
|
ACI Worldwide, Inc.
| ACIW |
0.11%
|
|
M/I Homes, Inc.
| MHO |
0.11%
|
|
Strategic Education, Inc.
| STRA |
0.11%
|
|
Hub Group, Inc.
| HUBG |
0.11%
|
|
Dorman Products, Inc.
| DORM |
0.11%
|
|
Taylor Morrison Home Corporation
| TMHC |
0.11%
|
|
Palomar Holdings, Inc.
| PLMR |
0.11%
|
|
KB Home
| KBH |
0.10%
|
|
Champion Homes Inc.
| SKY |
0.10%
|
|
CorVel Corporation
| CRVL |
0.10%
|
|
ACADIA Pharmaceuticals Inc.
| ACAD |
0.10%
|
|
Laureate Education, Inc. (Class A)
| LAUR |
0.10%
|
|
The Marzetti Company
| MZTI |
0.09%
|
|
Haemonetics Corporation
| HAE |
0.09%
|
|
DXC Technology Company
| DXC |
0.09%
|
|
MAXIMUS, Inc.
| MMS |
0.08%
|
|
The Simply Good Foods Company
| SMPL |
0.08%
|
|
| |
| Total Number of Holdings: 236 |
|
| Underlying Securities information represented above is as of 04/30/2026 but will vary with future fluctuations in the market. |
| Deferred Sales Charge Schedule |
|
$0.04500
|
April 20, 2026
|
|
$0.04500
|
May 20, 2026
|
|
$0.04500
|
June 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. 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. 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. 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. 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. 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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| 30343H402 |
(Cash) |
| 30343H410 |
(Reinvest) |
| 30343H428 |
(Cash-Fee) |
| 30343H436 |
(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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