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Preferred Income Opportunity, 8  Ticker: FKSHPX
 
Description
A unit investment trust that seeks a high rate of current income by investing in a diversified portfolio of preferred securities.
Please note that there is no assurance the objective will be met.
 
Summary
Product Code: PRIO8
Portfolio Status: Secondary
Initial Offer Date: 01/29/2018
Secondary Date: 04/25/2018
Portfolio Ending Date: 04/29/2019
Tax Structure: Regulated Investment Company
Distributions: Monthly
 
Initial Offer Price: $10.0000
NAV(*): $9.7748
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  
NameSymbolWeighting
 Dominion Energy, Inc., Series A, 5.250%, Due 07/30/2076 DRUA 4.69%
 NextEra Energy Capital Holdings, Inc., Series K, 5.250%, Due 06/01/2076 NEE.K 4.59%
 eBay Inc., 6.000%, Due 02/01/2056 EBAYL 4.56%
 National Retail Properties, Inc., Series F, 5.200% NNN.F 4.51%
 AT&T Inc., 5.350%, Due 11/01/2066 TBB 4.50%
 Federal Realty Investment Trust, Series C, 5.000% FRT.C 4.41%
 State Street Corporation, Series D, 5.900%, Variable Rate STT.D 3.98%
 Stifel Financial Corp., 5.200%, Due 10/15/2047 SFB 3.98%
 Axis Capital Holdings Limited, Series E, 5.500% AXS.E 3.96%
 The Allstate Corporation, 5.100%, Variable Rate, Due 01/15/2053 ALL.B 3.95%
 JPMorgan Chase & Co., Series BB, 6.150% JPM.H 3.95%
 The PNC Financial Services Group, Inc., Series P, 6.125%, Variable Rate PNC.P 3.90%
 Entergy Arkansas, LLC, 4.875%, Due 09/01/2066 EAI 2.56%
 The Southern Company, 5.250%, Due 10/01/2076 SOJB 2.56%
 Public Storage, Series F, 5.150% PSA.F 2.56%
 DTE Energy Company, Series B, 5.375%, Due 06/01/2076 DTJ 2.54%
 W.R. Berkley Corporation, 5.750%, Due 06/01/2056 WRB.D 2.53%
 Kimco Realty Corporation, Series L, 5.125% KIM.L 2.48%
 U.S. Bancorp, Series F, 6.500%, Variable Rate USB.M 2.45%
 PS Business Parks, Inc., Series W, 5.200% PSB.W 2.44%
 The Hartford Financial Services Group, Inc., 7.875%, Variable Rate, Due 04/15/2042 HGH 2.42%
 Arch Capital Group Ltd., Series F, 5.450% ACGLO 2.38%
 Entergy New Orleans, LLC, 5.500%, Due 04/01/2066 ENO 2.16%
 The Southern Company, 5.250%, Due 12/01/2077 SOJC 2.05%
 DTE Energy Company, Series E, 5.250%, Due 12/01/2077 DTW 2.05%
 PS Business Parks, Inc., Series X, 5.250% PSB.X 2.04%
 Public Storage, Series B, 5.400% PSA.B 2.03%
 Wells Fargo & Company, Series X, 5.500% WFC.X 2.01%
 Kimco Realty Corporation, Series M, 5.250% KIM.M 1.98%
 BOK Financial Corporation, 5.375%, Due 06/30/2056 BOKFL 1.97%
 BrightSphere Investment Group Plc, 5.125%, Due 08/01/2031 BSA 1.97%
 Wells Fargo & Company, 5.850%, Variable Rate WFC.Q 1.97%
 American Financial Group, Inc., 6.250%, Due 09/30/2054 AFGE 1.95%
 Arch Capital Group Ltd., Series E, 5.250% ACGLP 1.92%
 
Total Number of Holdings:    34
Underlying Securities information represented above is as of 03/25/2019 but will vary with future fluctuations in the market.

Risk Considerations

Sector Concentration Risk. A portfolio which is concentrated in an individual sector is subject to additional risks, including limited diversification.

Financials Risk. The companies engaged in the financials sector are subject to the adverse effects of volatile interest rates, economic recession, decreases in the availability of capital, increased competition from new entrants in the field, and potential increased regulation.

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.

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.

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.

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
30306Y269 (Cash)
30306Y277 (Reinvest)
30306Y285 (Cash-Fee)
30306Y293 (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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