75/25 Strategic Allocation, 1st Qtr 2018  Ticker: FSTVLX
 
Description
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.
 
Summary
Product Code: 7S1Q18
Portfolio Status: Secondary
Initial Offer Date: 01/11/2018
Secondary Date: 04/10/2018
Portfolio Ending Date: 04/16/2019
Tax Structure: Regulated Investment Company
Distributions: Monthly
 
Initial Offer Price: $10.0000
NAV(*): $9.3796
POP(*): Not Avail
Remaining Deferred Sales Charge: $0.0000
* As of Trade Date: 03/21/2019 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  
NameSymbolWeighting
 Vanguard Intermediate-Term Corporate Bond ETF VCIT 1.16%
 SPDR Bloomberg Barclays Short Term High Yield Bond ETF SJNK 1.14%
 First Trust Senior Loan Fund FTSL 1.14%
 SPDR Blackstone/GSO Senior Loan ETF SRLN 1.13%
 iShares Long-Term Corporate Bond ETF IGLB 1.11%
 Vanguard Long-Term Corporate Bond ETF VCLT 1.10%
 SPDR Portfolio Long Term Corporate Bond ETF SPLB 1.09%
 iShares Emerging Markets High Yield Bond ETF EMHY 1.09%
 SPDR Bloomberg Barclays Convertible Securities ETF CWB 1.05%
 iShares TIPS Bond ETF TIP 1.03%
 SPDR Bloomberg Barclays TIPS ETF IPE 1.03%
 HCA Healthcare, Inc. HCA 1.03%
 Vanguard Mortgage-Backed Securities ETF VMBS 1.03%
 Invesco Preferred ETF PGX 1.01%
 Invesco Senior Loan ETF BKLN 1.01%
 First Trust Tactical High Yield ETF HYLS 1.01%
 iShares Preferred & Income Securities ETF PFF 0.99%
 O'Reilly Automotive, Inc. ORLY 0.95%
 VanEck Vectors J.P. Morgan EM Local Currency Bond ETF EMLC 0.92%
 iShares 7-10 Year Treasury Bond ETF IEF 0.91%
 iShares 10-20 Year Treasury Bond ETF TLH 0.91%
 SPDR Portfolio Intermediate Term Corporate Bond ETF SPIB 0.90%
 First Trust Low Duration Opportunities ETF LMBS 0.90%
 The TJX Companies, Inc. TJX 0.89%
 iShares iBoxx $ Investment Grade Corporate Bond ETF LQD 0.88%
 iShares Core 10+ Year USD Bond ETF ILTB 0.87%
 Highland/iBoxx Senior Loan ETF SNLN 0.87%
 Intuitive Surgical, Inc. ISRG 0.86%
 First Trust Preferred Securities and Income ETF FPE 0.86%
 Cigna Corporation CI 0.86%
 Illumina, Inc. ILMN 0.85%
 Anthem, Inc. ANTM 0.85%
 Costco Wholesale Corporation COST 0.84%
 Intel Corporation INTC 0.82%
 NextEra Energy, Inc. NEE 0.82%
 Welltower Inc. WELL 0.82%
 WEC Energy Group, Inc. WEC 0.80%
 Dollar General Corporation DG 0.80%
 Hormel Foods Corporation HRL 0.78%
 Waste Management, Inc. WM 0.76%
 Eversource Energy ES 0.75%
 Prologis, Inc. PLD 0.75%
 Public Storage PSA 0.74%
 Verizon Communications Inc. VZ 0.73%
 Ross Stores, Inc. ROST 0.73%
 T-Mobile US, Inc. TMUS 0.73%
 UnitedHealth Group Incorporated UNH 0.72%
 Ventas, Inc. VTR 0.72%
 Target Corporation TGT 0.72%
 Centene Corporation CNC 0.72%
 Amphenol Corporation APH 0.70%
 Sysco Corporation SYY 0.69%
 CME Group Inc. CME 0.69%
 Corning Incorporated GLW 0.67%
 Micron Technology, Inc. MU 0.66%
 Texas Instruments Incorporated TXN 0.66%
 Best Buy Co., Inc. BBY 0.64%
 L'Oreal S.A. (ADR) LRLCY 0.63%
 Exxon Mobil Corporation XOM 0.61%
 Lam Research Corporation LRCX 0.61%
 The Allstate Corporation ALL 0.60%
 Raytheon Company RTN 0.60%
 Dollar Tree, Inc. DLTR 0.60%
 T. Rowe Price Group, Inc. TROW 0.59%
 Valero Energy Corporation VLO 0.59%
 Newmont Mining Corporation NEM 0.58%
 Northern Trust Corporation NTRS 0.57%
 Northrop Grumman Corporation NOC 0.57%
 Facebook, Inc. (Class A) FB 0.57%
 Medtronic Plc MDT 0.56%
 Skyworks Solutions, Inc. SWKS 0.56%
 Nucor Corporation NUE 0.55%
 Accenture Plc ACN 0.55%
 Monster Beverage Corporation MNST 0.55%
 Eni SpA (ADR) E 0.54%
 Tyson Foods, Inc. (Class A) TSN 0.53%
 General Dynamics Corporation GD 0.53%
 Tokio Marine Holdings, Inc. (ADR) TKOMY 0.53%
 Altria Group, Inc. MO 0.52%
 Total S.A. (ADR) TOT 0.52%
 Cerner Corporation CERN 0.52%
 Rio Tinto Plc (ADR) RIO 0.52%
 Eaton Corporation Plc ETN 0.51%
 Stanley Black & Decker, Inc. SWK 0.51%
 D.R. Horton, Inc. DHI 0.51%
 Applied Materials, Inc. AMAT 0.50%
 Novo Nordisk A/S (ADR) NVO 0.49%
 The Toronto-Dominion Bank TD 0.49%
 Orange (ADR) ORAN 0.49%
 CVS Health Corporation CVS 0.48%
 NTT DOCOMO, Inc. (ADR) DCMYY 0.48%
 Bank of Montreal BMO 0.48%
 Royal Bank of Canada RY 0.47%
 Suncor Energy Inc. SU 0.47%
 Nippon Telegraph and Telephone Corporation (ADR) NTTYY 0.46%
 Molson Coors Brewing Company TAP 0.46%
 Toyota Motor Corporation (ADR) TM 0.45%
 Lloyds Banking Group Plc (ADR) LYG 0.44%
 TE Connectivity Ltd. TEL 0.44%
 FedEx Corporation FDX 0.43%
 Biogen Inc. BIIB 0.43%
 Nissan Motor Co., Ltd. (ADR) NSANY 0.43%
 AXA S.A. (ADR) AXAHY 0.42%
 Masimo Corporation MASI 0.42%
 Telstra Corporation Limited (ADR) TLSYY 0.42%
 ABIOMED, Inc. ABMD 0.42%
 NIDEC Corporation (ADR) NJDCY 0.42%
 Hitachi, Ltd. (ADR) HTHIY 0.41%
 LyondellBasell Industries N.V. LYB 0.40%
 Honda Motor Co., Ltd. (ADR) HMC 0.39%
 Canon Inc. (ADR) CAJ 0.39%
 Columbia Sportswear Company COLM 0.38%
 Nintendo Co., Ltd. (ADR) NTDOY 0.36%
 Rollins, Inc. ROL 0.34%
 Atmos Energy Corporation ATO 0.33%
 Foot Locker, Inc. FL 0.33%
 Universal Health Services, Inc. (Class B) UHS 0.32%
 Komatsu Ltd. (ADR) KMTUY 0.32%
 Vodafone Group Plc (ADR) VOD 0.31%
 Pinnacle West Capital Corporation PNW 0.31%
 Mohawk Industries, Inc. MHK 0.31%
 WellCare Health Plans, Inc. WCG 0.31%
 IDACORP, Inc. IDA 0.30%
 Expeditors International of Washington, Inc. EXPD 0.30%
 PRA Health Sciences, Inc. PRAH 0.30%
 Hologic, Inc. HOLX 0.29%
 Akamai Technologies, Inc. AKAM 0.29%
 F5 Networks, Inc. FFIV 0.29%
 CBRE Group, Inc. CBRE 0.29%
 RingCentral, Inc. (Class A) RNG 0.29%
 Insperity, Inc. NSP 0.28%
 Williams-Sonoma, Inc. WSM 0.28%
 Tech Data Corporation TECD 0.27%
 MAXIMUS, Inc. MMS 0.27%
 The Toro Company TTC 0.27%
 Old Dominion Freight Line, Inc. ODFL 0.27%
 Carlisle Companies Incorporated CSL 0.27%
 Landstar System, Inc. LSTR 0.26%
 Reliance Steel & Aluminum Co. RS 0.26%
 ON Semiconductor Corporation ON 0.26%
 Seaboard Corporation SEB 0.26%
 SYNNEX Corporation SNX 0.26%
 GCI Liberty, Inc. (Class A) GLIBA 0.26%
 Arrow Electronics, Inc. ARW 0.25%
 MKS Instruments, Inc. MKSI 0.25%
 Quanta Services, Inc. PWR 0.25%
 FLIR Systems, Inc. FLIR 0.25%
 MGIC Investment Corporation MTG 0.24%
 Gentex Corporation GNTX 0.24%
 Reinsurance Group of America, Incorporated RGA 0.24%
 Torchmark Corporation TMK 0.23%
 Ciena Corporation CIEN 0.23%
 Teradyne, Inc. TER 0.23%
 EMCOR Group, Inc. EME 0.23%
 Annaly Capital Management, Inc. NLY 0.23%
 Huntington Ingalls Industries, Inc. HII 0.23%
 Snap-on Incorporated SNA 0.22%
 Henry Schein, Inc. HSIC 0.22%
 Skechers U.S.A., Inc. SKX 0.22%
 FTI Consulting, Inc. FCN 0.22%
 Carter's, Inc. CRI 0.22%
 United Therapeutics Corporation UTHR 0.22%
 First American Financial Corporation FAF 0.22%
 FNF Group FNF 0.22%
 The Gap, Inc. GPS 0.20%
 PVH Corp. PVH 0.20%
 JetBlue Airways Corporation JBLU 0.19%
 The Boston Beer Company, Inc. SAM 0.19%
 Conagra Brands, Inc. CAG 0.18%
 NVR, Inc. NVR 0.18%
 Ingredion Incorporated INGR 0.18%
 Pilgrim's Pride Corporation PPC 0.18%
 Qualys, Inc. QLYS 0.18%
 Aramark ARMK 0.18%
 American States Water Company AWR 0.17%
 Aaron's, Inc. AAN 0.17%
 Mercury Systems, Inc. MRCY 0.16%
 California Water Service Group CWT 0.16%
 Spirit Airlines, Inc. SAVE 0.16%
 American Eagle Outfitters, Inc. AEO 0.15%
 Spire Inc. SR 0.15%
 MEDNAX, Inc. MD 0.15%
 Dick's Sporting Goods, Inc. DKS 0.15%
 Innospec Inc. IOSP 0.15%
 International Speedway Corporation ISCA 0.14%
 Finisar Corporation FNSR 0.14%
 Adtalem Global Education Inc. ATGE 0.14%
 J & J Snack Foods Corp. JJSF 0.14%
 National Beverage Corp. FIZZ 0.14%
 Piedmont Office Realty Trust, Inc. PDM 0.14%
 Plexus Corp. PLXS 0.13%
 AVX Corporation AVX 0.13%
 AMN Healthcare Services, Inc. AMN 0.13%
 Owens Corning OC 0.13%
 Evercore Inc. EVR 0.13%
 Apollo Commercial Real Estate Finance, Inc. ARI 0.13%
 Pebblebrook Hotel Trust PEB 0.13%
 Green Dot Corporation (Class A) GDOT 0.13%
 Columbia Property Trust, Inc. CXP 0.13%
 The Cheesecake Factory Incorporated CAKE 0.12%
 Sanderson Farms, Inc. SAFM 0.12%
 Axos Financial Inc. AX 0.12%
 Retail Properties of America, Inc. RPAI 0.12%
 Sprouts Farmers Market, Inc. SFM 0.12%
 Werner Enterprises, Inc. WERN 0.11%
 Benchmark Electronics, Inc. BHE 0.11%
 Urban Outfitters, Inc. URBN 0.11%
 Universal Forest Products, Inc. UFPI 0.11%
 Applied Industrial Technologies, Inc. AIT 0.11%
 Cirrus Logic, Inc. CRUS 0.11%
 Federated Investors, Inc. (Class B) FII 0.11%
 RPC, Inc. RES 0.11%
 Cooper Tire & Rubber Company CTB 0.10%
 Advanced Energy Industries, Inc. AEIS 0.10%
 II-VI Incorporated IIVI 0.10%
 EnPro Industries, Inc. NPO 0.10%
 Thor Industries, Inc. THO 0.10%
 Magellan Health, Inc. MGLN 0.09%
 American Woodmark Corporation AMWD 0.08%
 Big Lots, Inc. BIG 0.08%
 Callon Petroleum Company CPE 0.08%
 Matador Resources Company MTDR 0.08%
 GameStop Corp. (Class A) GME 0.07%
 Hecla Mining Company HL 0.07%
 Diamond Offshore Drilling, Inc. DO 0.07%
 The Children's Place, Inc. PLCE 0.07%
 Kronos Worldwide, Inc. KRO 0.07%
 Corcept Therapeutics Incorporated CORT 0.07%
 Stamps.com Inc. STMP 0.06%
 Cooper-Standard Holdings Inc. CPS 0.05%
 Covetrus, Inc. CVET 0.05%
 United Natural Foods, Inc. UNFI 0.04%
 
Total Number of Holdings:    232
Underlying Securities information represented above is as of 03/21/2019 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.

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. Certain ETFs may 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.

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.

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.

Term Risk - 15 months. Although this unit investment trust terminates in approximately 15 months, the strategy is long-term. Investors should consider their ability to pursue investing in successive portfolios, if available. There may be tax consequences unless units are purchased in an IRA or other qualified plan.

US Treasury Note Risk. The value of U.S. Treasury notes will be adversely affected by decreases in bond prices and increases in interest rates.

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.