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Investment Grade Multi-Asset Income, Intermediate, 24  Ticker: FBIVHX
 
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.
 
Summary
Product Code: IGMI24
Portfolio Status: Secondary
Initial Offer Date: 10/24/2017
Secondary Date: 05/29/2018
Wtd Avg Maturity: 8.8
ELTR Life: 8.8
Tax Structure: Regulated Investment Company
 
Initial Offer Price: $1,095.1800
NAV(*): $997.8900
POP(*): $1,029.1000
PAR(*): $997.9000
Remaining Deferred Sales Charge: $0.0000
* As of Trade Date: 12/07/2018 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
33739U664 Monthly $0.1200 $41.1100 3.990% 3.670%


 Holdings  Export Current Holdings | View Initial Holdings  
CUSIPParDescriptionS&P RatingStCouponMaturity(M)
/Escrow(E)
/Refund(R)
Date
Next
Call Date
Call
Price
093662AG9 250,000 BLOCK FINANCIAL LLC 5.25%, due 10/01/2025  BBB   5.25000 10/01/2025M 07/01/2025 100.0000
05565QDN5 250,000 BP CAPITAL MARKETS PLC 3.279%, due 09/19/2027  A-   3.27900 09/19/2027M 06/19/2027 100.0000
10948GAA6 250,000 BrightSphere Investment Group 4.80%, due 07/27/2026  BBB-   4.80000 07/27/2026M    
12189TAN4 173,000 BURLINGTN NORTH SANTA FE 6.75%, due 03/15/2029  A+   6.75000 03/15/2029M    
20030NCA7 250,000 COMCAST CORP 3.15%, due 02/15/2028  A-   3.15000 02/15/2028M 11/15/2027 100.0000
345370CR9 250,000 FORD MOTOR COMPANY 4.346%, due 12/08/2026  BBB   4.34600 12/08/2026M 09/08/2026 100.0000
42824CAW9 205,000 HP ENTERPRISE CO 4.90%, due 10/15/2025  BBB   4.90000 10/15/2025M 07/15/2025 100.0000
46132FAD2 250,000 INVESCO FINANCE PLC 3.75%, due 01/15/2026  BBB+   3.75000 01/15/2026M    
483890RW1 375,000 KANE CNTY IL SCH DIST 129 TAXABLE, 3.30%, due 02/01/2028  AA IL 3.30000 02/01/2028M 02/01/2026 100.0000
544646XY3 195,000 LOS ANGELES CA UNIF SCH DIST GO, TAXABLE-BABS-KRY, 5.755%, due 07/01/2029  AA- CA 5.75500 07/01/2029M    
548661AH0 200,000 LOWE'S COMPANIES INC N/C, 6.875%, due 02/15/2028  A-   6.87500 02/15/2028M    
592041WJ2 107,000 MET GOVT NASHVILLE & DAVIDSON CNTY TN TAXABLE-SER B, 4.053%, due 07/01/2026  NR TN 4.05300 07/01/2026M 04/01/2026 100.0000
655867JK6 230,000 NORFOLK VA TAXABLE-BABS, 5.912%, due 03/01/2029  AA+ VA 5.91200 03/01/2029M    
67884F6W1 470,000 OKLAHOMA DEV FIN AUTH LEASE REV TAXABLE, 3.45%, due 12/01/2028  AA- OK 3.45000 12/01/2028M 12/01/2027 100.0000
681936BK5 250,000 OMEGA HLTHCARE INVESTORS 4.75%, due 01/15/2028  BBB-   4.75000 01/15/2028M 10/15/2027 100.0000
747525AU7 215,000 QUALCOMM INC 3.25%, due 05/20/2027  A   3.25000 05/20/2027M 02/20/2027 100.0000
802629BD6 200,000 SANTA ROSA CA REGL RESOURCES REV TAXABLE, 3.25%, due 08/01/2028  AA+ CA 3.25000 08/01/2028M 08/01/2027 100.0000
828807CY1 250,000 SIMON PROPERTY GROUP LP 3.25%, due 11/30/2026  A   3.25000 11/30/2026M 08/30/2026 100.0000
86562MAV2 250,000 SUMITOMO MITSUI FINL GRP N/C, 3.352%, due 10/18/2027  A-   3.35200 10/18/2027M    
87047SAP5 250,000 SWEETWATER CA UN HIGH SCH DIST TAXABLE, 3.59%, due 10/01/2030  AA CA 3.59000 10/01/2030M 04/01/2026 100.0000
872287AF4 125,000 TCI COMMUNICATIONS INC 7.875%, due 02/15/2026  A-   7.87500 02/15/2026M    
949746SH5 250,000 WELLS FARGO & COMPANY N/C, 3%, due 10/23/2026  A-   3.00000 10/23/2026M    
 
Total Number of Holdings:    22


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.

Foreign Securities Risk. An investment in securities of foreign issuers should be made with an understanding of the additional risks involved, such as currency fluctuations, political risk, withholding, the lack of adequate financial information, and exchange control restrictions impacting foreign issuers.

Municipal Bonds Risk. Municipal bonds are subject to numerous risks, including higher interest rates, economic recession, deterioration of the municipal bond market, possible downgrades and defaults of interest and/or principal.

Municipal Securities 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. The markets for credit instruments, including municipal securities, have experienced periods of extreme illiquidity and volatility.

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.

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.

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 cyber security.

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 advisor 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.

Fund Cusip Information
33739U664 (Cash)
33739U672 (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 and the Internal Revenue Code. First Trust has no knowledge of and has not been provided any information regarding any investor. Financial advisors must determine whether particular investments are appropriate for their clients. First Trust believes the financial advisor is a fiduciary, is capable of evaluating investment risks independently and is responsible for exercising independent judgment with respect to its retirement plan clients.
First Trust Portfolios L.P.  Member SIPC and FINRA.
First Trust Advisors L.P.
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