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Investment Grade Multi-Asset Income, 10-20 Year, 36  Ticker: FTBGRX
 
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: IGMA36
Portfolio Status: Secondary
Initial Offer Date: 11/02/2017
Secondary Date: 01/23/2018
Wtd Avg Maturity: 11.9
ELTR Life: 11.7
Tax Structure: Regulated Investment Company
 
Initial Offer Price: $1,251.2000
NAV(*): $929.4100
POP(*): Not Avail
PAR(*): $898.2000
Remaining Deferred Sales Charge: $0.0000
* As of Trade Date: 03/28/2024 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
33739U680 Monthly $2.9900 $49.0800
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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
02364WAJ4 85,000 AMERICA MOVIL SAB DE CV 6.375%, due 03/01/2035  A-   6.37500 03/01/2035M    
03040WAD7 145,000 AMERICAN WATER CAPITAL CORP 6.593%, due 10/15/2037  A   6.59300 10/15/2037M    
039483AU6 143,000 ARCHER DANIELS 5.375%, due 09/15/2035  A   5.37500 09/15/2035M    
20030NAC5 95,000 COMCAST CORP 7.05%, due 03/15/2033  A-   7.05000 03/15/2033M    
214471PD0 125,000 COOK CNTY IL SCH DIST NO 104 TAXABLE, 3.625%, due 12/01/2030  AA IL 3.62500 12/01/2030M 12/01/2026 100.0000
260003AG3 100,000 DOVER CORP 6.60%, due 03/15/2038  BBB+   6.60000 03/15/2038M    
37045VAK6 115,000 GENERAL MOTORS CO 6.60%, due 04/01/2036  BBB   6.60000 04/01/2036M 10/01/2035 100.0000
375558BJ1 140,000 GILEAD SCIENCES INC 4%, due 09/01/2036  BBB+   4.00000 09/01/2036M 03/01/2036 100.0000
42824CAX7 120,000 HP ENTERPRISE CO 6.20%, due 10/15/2035  BBB   6.20000 10/15/2035M 04/15/2035 100.0000
452024GT3 50,000 ILLINOIS MUN ELEC AGY PWR SPLY REV TAXABLE-BABS, 6.832%, due 02/01/2035  A IL 6.83200 02/01/2035M    
452024HH8 60,000 ILLINOIS MUN ELEC AGY PWR SPLY REV TAXABLE-BABS, 7.288%, due 02/01/2035  A IL 7.28800 02/01/2035M    
452252FH7 50,000 ILLINOIS ST TOLL HIGHWAY AUTH TAXABLE-BABS, 6.184%, due 01/01/2034  AA- IL 6.18400 01/01/2034M    
472319AC6 85,000 JEFFERIES GROUP LLC 6.25%, due 01/15/2036  BBB   6.25000 01/15/2036M    
46625HHF0 100,000 JPMORGAN CHASE & CO N/C, 6.40%, due 05/15/2038  A-   6.40000 05/15/2038M    
483890RE1 60,000 KANE CNTY IL SCH DIST 129 TAXABLE-QUAL SCH BLDG, 4.25%, due 02/01/2036  NR IL 4.25000 02/01/2036M    
494550AV8 130,000 KINDER MORGAN ENER PART 6.50%, due 02/01/2037  BBB   6.50000 02/01/2037M    
540424AP3 130,000 LOEWS CORP 6%, due 02/01/2035  A   6.00000 02/01/2035M    
64966HYM6 100,000 NEW YORK NY GO, TAXABLE-BABS, 5.968%, due 03/01/2036  AA NY 5.96800 03/01/2036M    
718172AC3 110,000 PHILIP MORRIS INTL INC 6.375%, due 05/16/2038  A-   6.37500 05/16/2038M    
724581ME0 80,000 PITTSBURG CA UNIF SCH DIST N/C, TAXABLE, 4.92%, due 08/01/2034  NR CA 4.92000 08/01/2034M    
747525AJ2 120,000 QUALCOMM INC 4.65%, due 05/20/2035  A   4.65000 05/20/2035M 11/20/2034 100.0000
838536ER7 120,000 S JERSEY NJ TRANSPRTN AUTH TAXABLE-BABS-A5, 7%, due 11/01/2038  BBB+ NJ 7.00000 11/01/2038M    
89352HAB5 108,000 TRANSCANADA PIPELINES 5.85%, due 03/15/2036  BBB+   5.85000 03/15/2036M    
899647RT0 145,000 TULSA OK ARPTS IMPT TRUST TAXABLE, 3.977%, due 06/01/2037  AA OK 3.97700 06/01/2037M 06/01/2027 100.0000
 
Total Number of Holdings:    24


Risk Considerations

Corporate Bond Risk. An investment in a portfolio containing corporate bonds is subject to certain risks, including higher interest rates, economic recession, deterioration of the bond market or investors' perception thereof, possible downgrades and defaults of interest and/or principal.

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.

Emerging Markets Risk. Risks associated with investing in non-U.S. securities may be more pronounced in emerging and developing markets where the securities markets are substantially smaller, less developed, less liquid, less regulated, and more volatile than the U.S. and developed non-U.S. markets.

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.

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.

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.

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.

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.

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
33739U680 (Cash)
33739U698 (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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First Trust Portfolios L.P.  Member SIPC and FINRA. (Form CRS)   •  First Trust Advisors L.P. (Form CRS)
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