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40/60 Strategic Allocation, 1st Qtr 2018  Ticker: FBMDUX
 
Description
A unit investment trust which seeks the potential for above-average total return by investing approximately 40% of its assets in common stocks which are selected by applying a disciplined investment strategy and 60% of its assets in exchange-traded funds which invest in fixed-income securities.
 
Summary
Product Code: 4S1Q18
Portfolio Status: Secondary
Initial Offer Date: 01/16/2018
Secondary Date: 04/12/2018
Portfolio Ending Date: 04/17/2019
Tax Structure: Regulated Investment Company
Distributions: Monthly
 
Initial Offer Price: $10.0000
NAV(*): $9.5694
POP(*): $9.7004
Remaining Deferred Sales Charge: $0.0000
* As of Trade Date: 09/24/2018 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.

 Estimated Net Annual Distribution Per Unit
Estimated Net Annual Distribution Per Unit * $0.2874
As of 09/24/2018
* The estimates are based on annualizing the most recent dividends declared by the issuers of the securities included in the portfolio. There is no guarantee that the issuers of the securities included in the portfolio will declare distributions in the future or that, if declared, they will either remain at current levels or increase over time.

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolWeighting
 SPDR Blackstone/GSO Senior Loan ETF SRLN 2.75%
 SPDR Bloomberg Barclays Short Term High Yield Bond ETF SJNK 2.74%
 First Trust Senior Loan Fund FTSL 2.74%
 Vanguard Intermediate-Term Corporate Bond ETF VCIT 2.64%
 iShares Long-Term Corporate Bond ETF IGLB 2.54%
 SPDR Bloomberg Barclays Convertible Securities ETF CWB 2.53%
 Vanguard Long-Term Corporate Bond ETF VCLT 2.53%
 SPDR Portfolio Long Term Corporate Bond ETF SPLB 2.53%
 iShares Emerging Markets High Yield Bond ETF EMHY 2.51%
 Invesco Senior Loan ETF BKLN 2.46%
 iShares TIPS Bond ETF TIP 2.39%
 SPDR Bloomberg Barclays TIPS ETF IPE 2.39%
 iShares U.S. Preferred Stock ETF PFF 2.39%
 Vanguard Mortgage-Backed Securities ETF VMBS 2.39%
 First Trust Tactical High Yield ETF HYLS 2.39%
 Invesco Preferred ETF PGX 2.38%
 Highland/iBoxx Senior Loan ETF SNLN 2.14%
 First Trust Low Duration Opportunities ETF LMBS 2.11%
 SPDR Portfolio Intermediate Term Corporate Bond ETF SPIB 2.09%
 iShares 7-10 Year Treasury Bond ETF IEF 2.07%
 VanEck Vectors J.P. Morgan EM Local Currency Bond ETF EMLC 2.07%
 iShares 10-20 Year Treasury Bond ETF TLH 2.05%
 First Trust Preferred Securities and Income ETF FPE 2.05%
 iShares iBoxx $ Investment Grade Corporate Bond ETF LQD 2.03%
 iShares Core 10+ Year USD Bond ETF ILTB 1.98%
 HCA Healthcare, Inc. HCA 0.51%
 Illumina, Inc. ILMN 0.50%
 The TJX Companies, Inc. TJX 0.47%
 O'Reilly Automotive, Inc. ORLY 0.45%
 Centene Corporation CNC 0.44%
 Intuitive Surgical, Inc. ISRG 0.44%
 Costco Wholesale Corporation COST 0.41%
 UnitedHealth Group Incorporated UNH 0.40%
 Sysco Corporation SYY 0.40%
 Express Scripts Holding Company ESRX 0.40%
 Ross Stores, Inc. ROST 0.40%
 Target Corporation TGT 0.39%
 Hormel Foods Corporation HRL 0.39%
 Valero Energy Corporation VLO 0.39%
 Anthem, Inc. ANTM 0.39%
 CME Group Inc. CME 0.39%
 NextEra Energy, Inc. NEE 0.38%
 Intel Corporation INTC 0.37%
 Best Buy Co., Inc. BBY 0.37%
 Prologis, Inc. PLD 0.37%
 Welltower Inc. WELL 0.37%
 T-Mobile US, Inc. TMUS 0.37%
 Dollar General Corporation DG 0.37%
 Verizon Communications Inc. VZ 0.36%
 WEC Energy Group, Inc. WEC 0.36%
 PG&E Corporation PCG 0.36%
 Ventas, Inc. VTR 0.35%
 Corning Incorporated GLW 0.35%
 Waste Management, Inc. WM 0.35%
 Micron Technology, Inc. MU 0.35%
 Public Storage PSA 0.35%
 Biogen Inc. BIIB 0.35%
 Raytheon Company RTN 0.35%
 Amphenol Corporation APH 0.35%
 Eversource Energy ES 0.34%
 Northern Trust Corporation NTRS 0.34%
 The Allstate Corporation ALL 0.34%
 CVS Health Corporation CVS 0.34%
 Exxon Mobil Corporation XOM 0.33%
 Texas Instruments Incorporated TXN 0.33%
 T. Rowe Price Group, Inc. TROW 0.33%
 Northrop Grumman Corporation NOC 0.33%
 General Dynamics Corporation GD 0.33%
 Nucor Corporation NUE 0.32%
 Cigna Corporation CI 0.32%
 Monster Beverage Corporation MNST 0.32%
 Medtronic Plc MDT 0.31%
 FedEx Corporation FDX 0.31%
 Altria Group, Inc. MO 0.31%
 Skyworks Solutions, Inc. SWKS 0.31%
 Facebook, Inc. (Class A) FB 0.31%
 Cerner Corporation CERN 0.30%
 Stanley Black & Decker, Inc. SWK 0.30%
 NTT DOCOMO, Inc. (ADR) DCMYY 0.30%
 Accenture Plc ACN 0.30%
 Total S.A. (ADR) TOT 0.29%
 Eni SpA (ADR) E 0.29%
 The Toronto-Dominion Bank TD 0.29%
 L'Oreal S.A. (ADR) LRLCY 0.29%
 Lam Research Corporation LRCX 0.28%
 Eaton Corporation Plc ETN 0.28%
 D.R. Horton, Inc. DHI 0.28%
 Bank of Montreal BMO 0.28%
 Suncor Energy Inc. SU 0.28%
 Tokio Marine Holdings, Inc. (ADR) TKOMY 0.28%
 Newmont Mining Corporation NEM 0.27%
 Nippon Telegraph and Telephone Corporation (ADR) NTTYY 0.27%
 Tyson Foods, Inc. (Class A) TSN 0.26%
 Royal Bank of Canada RY 0.26%
 Nissan Motor Co., Ltd. (ADR) NSANY 0.26%
 Molson Coors Brewing Company TAP 0.26%
 NIDEC Corporation (ADR) NJDCY 0.26%
 Toyota Motor Corporation (ADR) TM 0.25%
 Applied Materials, Inc. AMAT 0.25%
 Dollar Tree, Inc. DLTR 0.25%
 Orange (ADR) ORAN 0.25%
 TE Connectivity Ltd. TEL 0.25%
 Nintendo Co., Ltd. (ADR) NTDOY 0.25%
 Novo Nordisk A/S (ADR) NVO 0.24%
 Rio Tinto Plc (ADR) RIO 0.24%
 ABIOMED, Inc. ABMD 0.24%
 LyondellBasell Industries N.V. LYB 0.24%
 Honda Motor Co., Ltd. (ADR) HMC 0.23%
 AXA S.A. (ADR) AXAHY 0.23%
 Mohawk Industries, Inc. MHK 0.23%
 Hitachi, Ltd. (ADR) HTHIY 0.22%
 Canon Inc. (ADR) CAJ 0.22%
 Lloyds Banking Group Plc (ADR) LYG 0.22%
 Komatsu Ltd. (ADR) KMTUY 0.21%
 Telstra Corporation Limited (ADR) TLSYY 0.21%
 WellCare Health Plans, Inc. WCG 0.20%
 Masimo Corporation MASI 0.20%
 Vodafone Group Plc (ADR) VOD 0.19%
 F5 Networks, Inc. FFIV 0.19%
 Rollins, Inc. ROL 0.18%
 Columbia Sportswear Company COLM 0.17%
 IDACORP, Inc. IDA 0.16%
 Atmos Energy Corporation ATO 0.16%
 Williams-Sonoma, Inc. WSM 0.16%
 Henry Schein, Inc. HSIC 0.16%
 FLIR Systems, Inc. FLIR 0.16%
 PRA Health Sciences, Inc. PRAH 0.16%
 Universal Health Services, Inc. (Class B) UHS 0.15%
 Expeditors International of Washington, Inc. EXPD 0.15%
 Landstar System, Inc. LSTR 0.15%
 Akamai Technologies, Inc. AKAM 0.15%
 Old Dominion Freight Line, Inc. ODFL 0.15%
 Carlisle Companies Incorporated CSL 0.15%
 National Beverage Corp. FIZZ 0.15%
 Conagra Brands, Inc. CAG 0.14%
 Pinnacle West Capital Corporation PNW 0.14%
 Snap-on Incorporated SNA 0.14%
 Foot Locker, Inc. FL 0.14%
 CBRE Group, Inc. CBRE 0.14%
 Huntington Ingalls Industries, Inc. HII 0.14%
 Torchmark Corporation TMK 0.13%
 Arrow Electronics, Inc. ARW 0.13%
 Hologic, Inc. HOLX 0.13%
 Gentex Corporation GNTX 0.13%
 Insperity, Inc. NSP 0.13%
 The Toro Company TTC 0.13%
 PVH Corp. PVH 0.13%
 Reliance Steel & Aluminum Co. RS 0.13%
 Seaboard Corporation SEB 0.13%
 Aramark ARMK 0.13%
 FNF Group FNF 0.13%
 MGIC Investment Corporation MTG 0.12%
 Teradyne, Inc. TER 0.12%
 MAXIMUS, Inc. MMS 0.12%
 Reinsurance Group of America, Incorporated RGA 0.12%
 MKS Instruments, Inc. MKSI 0.12%
 Quanta Services, Inc. PWR 0.12%
 EMCOR Group, Inc. EME 0.12%
 Annaly Capital Management, Inc. NLY 0.12%
 JetBlue Airways Corporation JBLU 0.12%
 United Therapeutics Corporation UTHR 0.12%
 First American Financial Corporation FAF 0.12%
 RingCentral, Inc. (Class A) RNG 0.12%
 GCI Liberty, Inc. (Class A) GLIBA 0.12%
 The Gap, Inc. GPS 0.11%
 MEDNAX, Inc. MD 0.11%
 FTI Consulting, Inc. FCN 0.11%
 ON Semiconductor Corporation ON 0.11%
 Carter's, Inc. CRI 0.11%
 Tech Data Corporation TECD 0.10%
 Ciena Corporation CIEN 0.10%
 Ingredion Incorporated INGR 0.10%
 Skechers U.S.A., Inc. SKX 0.10%
 The Boston Beer Company, Inc. SAM 0.10%
 Green Dot Corporation (Class A) GDOT 0.10%
 American Eagle Outfitters, Inc. AEO 0.09%
 NVR, Inc. NVR 0.09%
 LifePoint Health, Inc. LPNT 0.09%
 RPC, Inc. RES 0.09%
 SYNNEX Corporation SNX 0.09%
 Aaron's, Inc. AAN 0.09%
 Qualys, Inc. QLYS 0.09%
 Urban Outfitters, Inc. URBN 0.08%
 Applied Industrial Technologies, Inc. AIT 0.08%
 International Speedway Corporation ISCA 0.08%
 Spire Inc. SR 0.08%
 Thor Industries, Inc. THO 0.08%
 Dick's Sporting Goods, Inc. DKS 0.08%
 Stamps.com Inc. STMP 0.08%
 LaSalle Hotel Properties LHO 0.08%
 Owens Corning OC 0.08%
 Pilgrim's Pride Corporation PPC 0.08%
 Axos Financial Inc. BOFI 0.08%
 American States Water Company AWR 0.07%
 The Cheesecake Factory Incorporated CAKE 0.07%
 Convergys Corporation CVG 0.07%
 Mercury Systems, Inc. MRCY 0.07%
 AVX Corporation AVX 0.07%
 Adtalem Global Education Inc. ATGE 0.07%
 J & J Snack Foods Corp. JJSF 0.07%
 AMN Healthcare Services, Inc. AMN 0.07%
 California Water Service Group CWT 0.07%
 Innospec Inc. IOSP 0.07%
 Evercore Inc. EVR 0.07%
 Apollo Commercial Real Estate Finance, Inc. ARI 0.07%
 Piedmont Office Realty Trust, Inc. PDM 0.07%
 Spirit Airlines, Inc. SAVE 0.07%
 Matador Resources Company MTDR 0.07%
 Retail Properties of America, Inc. RPAI 0.07%
 Sprouts Farmers Market, Inc. SFM 0.07%
 Columbia Property Trust, Inc. CXP 0.07%
 Werner Enterprises, Inc. WERN 0.06%
 GameStop Corp. (Class A) GME 0.06%
 Benchmark Electronics, Inc. BHE 0.06%
 Universal Forest Products, Inc. UFPI 0.06%
 Diamond Offshore Drilling, Inc. DO 0.06%
 Plexus Corp. PLXS 0.06%
 Finisar Corporation FNSR 0.06%
 II-VI Incorporated IIVI 0.06%
 Callon Petroleum Company CPE 0.06%
 Cooper-Standard Holdings Inc. CPS 0.06%
 Cooper Tire & Rubber Company CTB 0.05%
 Hecla Mining Company HL 0.05%
 United Natural Foods, Inc. UNFI 0.05%
 Advanced Energy Industries, Inc. AEIS 0.05%
 Cirrus Logic, Inc. CRUS 0.05%
 Big Lots, Inc. BIG 0.05%
 The Children's Place, Inc. PLCE 0.05%
 Sanderson Farms, Inc. SAFM 0.05%
 Federated Investors, Inc. (Class B) FII 0.05%
 EnPro Industries, Inc. NPO 0.05%
 Magellan Health, Inc. MGLN 0.05%
 Corcept Therapeutics Incorporated CORT 0.05%
 American Woodmark Corporation AMWD 0.04%
 Kronos Worldwide, Inc. KRO 0.04%
 
Total Number of Holdings:    235
Underlying Securities information represented above is as of 09/21/2018 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.

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

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.

IRA Risk. There may be tax consequences unless units are purchased in an IRA or other qualified plan.

Preferred Securities Risk. Preferred securities are equity securities of the issuing company which pay income in the form of dividends. Preferred securities are typically subordinated to bonds and other debt instruments in a company's capital structure, and therefore will be subject to greater credit risk than those debt instruments.

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.

US Treasury Debt Instruments Risk. Debt instruments, such as U.S. Treasury obligations, are subject to numerous risks including higher interest rates, economic recession and deterioration of the bond market or investors' perceptions thereof.

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.

Although the portfolio terminates in approximately one year, 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.

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
30306D307 (Cash)
30306D315 (Reinvest)
30306D323 (Cash-Fee)
30306D331 (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 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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