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Alternative Income, 26  Ticker: FGNLEX
A unit investment trust that seeks to provide current monthly income, with capital appreciation as a secondary objective. The trust offers a disciplined and transparent solution for income investors by providing exposure to a diversified mix of asset classes in a single investment portfolio.
Please note that there is no assurance the objective will be met.
Product Code: ALIN26
Portfolio Status: Secondary
Initial Offer Date: 12/21/2017
Secondary Date: 03/21/2018
Portfolio Ending Date: 12/20/2019
Tax Structure: Regulated Investment Company
Distributions: Monthly
Initial Offer Price: $10.0000
NAV(*): $9.1166
POP(*): Not Avail
Remaining Deferred Sales Charge: $0.0000
* As of Trade Date: 03/25/2019 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.

 Holdings  Export Current Holdings | View Initial Holdings  
 Kayne Anderson MLP/Midstream Investment Company KYN 3.92%
 Ares Capital Corporation ARCC 2.85%
 Solar Capital Ltd. SLRC 2.73%
 EPR Properties EPR 2.53%
 Hercules Capital, Inc. HTGC 2.51%
 Prospect Capital Corporation PSEC 2.48%
 Main Street Capital Corporation MAIN 2.48%
 BlackRock TCP Capital Corp. TCPC 2.42%
 PennantPark Floating Rate Capital Ltd. PFLT 2.41%
 Prologis, Inc. PLD 2.35%
 Simon Property Group, Inc. SPG 2.29%
 Apollo Investment Corporation AINV 2.29%
 Mid-America Apartment Communities, Inc. MAA 2.26%
 Physicians Realty Trust DOC 2.23%
 National Health Investors, Inc. NHI 2.18%
 KKR Income Opportunities Fund KIO 2.09%
 Templeton Global Income Fund GIM 2.06%
 The Gabelli Equity Trust Inc. GAB 2.06%
 PGIM Global High Yield Fund Inc. GHY 2.05%
 Guggenheim Credit Allocation Fund GGM 2.01%
 John Hancock Income Securities Trust JHS 1.97%
 Eaton Vance Risk-Managed Diversified Equity Income Fund ETJ 1.97%
 Host Hotels & Resorts, Inc. HST 1.96%
 Cohen & Steers MLP Income and Energy Opportunity Fund, Inc. MIE 1.96%
 Goldman Sachs MLP Income Opportunities Fund GMZ 1.94%
 Cohen & Steers Limited Duration Preferred and Income Fund, Inc. LDP 1.90%
 CyrusOne Inc. CONE 1.90%
 Highwoods Properties, Inc. HIW 1.89%
 Fiduciary/Claymore Energy Infrastructure Fund FMO 1.88%
 Xenia Hotels & Resorts, Inc. XHR 1.86%
 ClearBridge Energy Midstream Opportunity Fund Inc. EMO 1.84%
 Nuveen Energy MLP Total Return Fund JMF 1.82%
 Tortoise Midstream Energy Fund Inc. NTG 1.79%
 Center Coast Brookfield MLP & Energy Infrastructure Fund CEN 1.79%
 ClearBridge MLP & Midstream Total Return Fund Inc. CTR 1.78%
 Virtus Total Return Fund Inc. ZF 1.65%
 John Hancock Tax-Advantaged Global Shareholder Yield Fund HTY 1.61%
 Union Pacific Corporation UNP 1.29%
 Amgen Inc. AMGN 1.15%
 Best Buy Co., Inc. BBY 1.13%
 Corning Incorporated GLW 1.10%
 KLA-Tencor Corporation KLAC 1.10%
 Eaton Corporation Plc ETN 1.06%
 The Home Depot, Inc. HD 1.05%
 Honeywell International Inc. HON 1.05%
 Texas Instruments Incorporated TXN 1.05%
 United Technologies Corporation UTX 1.00%
 Gentex Corporation GNTX 1.00%
 Royal Caribbean Cruises Ltd. RCL 0.98%
 Hasbro, Inc. HAS 0.98%
 Cummins Inc. CMI 0.96%
 International Business Machines Corporation IBM 0.94%
 Altria Group, Inc. MO 0.83%
 Packaging Corporation of America PKG 0.82%
 Whirlpool Corporation WHR 0.79%
 Ameriprise Financial, Inc. AMP 0.76%
 Principal Financial Group, Inc. PFG 0.72%
 Resideo Technologies Inc. REZI 0.02%
 Garrett Motion Inc. GTX 0.01%
Total Number of Holdings:    59
Underlying Securities information represented above is as of 03/25/2019 but will vary with future fluctuations in the market.

Risk Considerations

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.

Business Development Company Risk. Certain of the securities in the portfolio are issued by closed-end investment companies which have been elected to be treated as Business Development Companies (BDC). An investment in BDCs is subject to various risks, including management's ability to meet the BDC's investment objective, and to manage the BDC's portfolio during periods of market turmoil. BDCs may trade in the market at a discount to their net asset value. BDCs may employ the use of leverage which subjects the BDC to increased risks.

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.

Closed-End Fund Risk. Closed-end funds 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 the funds 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, closed-end funds frequently trade at a discount to their net asset value in the secondary market. Certain closed-end funds employ the use of leverage, which increases the volatility of such funds.

Floating Rate Risk. Certain of the funds invest in floating-rate securities. 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. 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.

High-Yield or Junk Bonds Risk. Investing in high-yield securities or "junk" bonds 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.

Limited Duration Bonds Risk. Limited duration bonds are subject to interest rate risk, which is the risk that the value of a security will fall if interest rates increase. While limited duration bonds are generally subject to less interest rate sensitivity than longer duration bonds, there can be no assurance that interest rates will rise during the life of the trust.

MLP Risk. Investments in Master Limited Partnerships (MLPs) are subject to the risks generally applicable to companies in the energy and natural resources sectors, including commodity pricing risk, supply and demand risk, depletion risk and exploration risk. There are certain tax risks associated with MLPs, including the risk that U.S. taxing authorities could challenge the trust's treatment of the MLPs for federal income tax purposes. These tax risks could have a negative impact on the after-tax income available for distribution by the MLPs and/or the value of the trust's investments.

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.

Senior Loans Risk. The yield on 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 organizational 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 cyber security.

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
30306D547 (Cash)
30306D554 (Reinvest)
30306D562 (Cash-Fee)
30306D570 (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 advisors are responsible for evaluating investment risks independently and for exercising independent judgment in determining whether investments are appropriate for their clients.
First Trust Portfolios L.P.  Member SIPC and FINRA.
First Trust Advisors L.P.
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