Global Equity Income Closed-End, 58  Ticker: FALBEX
A unit investment trust that seeks high current monthly income, with capital appreciation as a secondary objective by investing in a portfolio of closed-end funds which invest in global dividend-paying stocks.
Please note that there is no assurance the objective will be met.
Product Code: CEGL58
Portfolio Status: Secondary
Initial Offer Date: 01/26/2018
Secondary Date: 04/27/2018
Portfolio Ending Date: 01/27/2020
Tax Structure: Regulated Investment Company
Distributions: Monthly
Initial Offer Price: $10.0000
NAV(*): $7.8558
POP(*): Not Avail
Remaining Deferred Sales Charge: $0.0000
* As of Trade Date: 03/15/2019 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  
 Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund ETO 7.57%
 Macquarie Global Infrastructure Total Return Fund Inc. MGU 7.38%
 Eaton Vance Tax-Advantaged Global Dividend Income Fund ETG 7.22%
 John Hancock Hedged Equity & Income Fund HEQ 7.03%
 Calamos Global Dynamic Income Fund CHW 6.84%
 Lazard Global Total Return and Income Fund, Inc. LGI 6.72%
 Aberdeen Global Premier Properties Fund AWP 6.14%
 Aberdeen Total Dynamic Dividend Fund AOD 6.04%
 Aberdeen Global Dynamic Dividend Fund AGD 6.03%
 Voya Infrastructure, Industrials and Materials Fund IDE 5.42%
 Voya Emerging Markets High Dividend Equity Fund IHD 5.12%
 Aberdeen Australia Equity Fund, Inc. IAF 4.97%
 Cohen & Steers Global Income Builder, Inc. INB 4.05%
 Eaton Vance Tax-Managed Global Diversified Equity Income Fund EXG 4.02%
 BlackRock Enhanced Global Opportunities Dividend Trust BOE 3.95%
 Voya Global Equity Dividend and Premium Opportunity Fund IGD 3.87%
 Voya Asia Pacific High Dividend Equity Income Fund IAE 2.95%
 Lazard World Dividend & Income Fund, Inc. LOR 2.84%
 Voya International High Dividend Equity Income Fund IID 1.84%
Total Number of Holdings:    19
Underlying Securities information represented above is as of 03/15/2019 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.

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.

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.

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.

Options Risk. Options are subject to various risks including that their value may be adversely affected if the market for the option becomes less liquid or smaller. In addition, options will be affected by changes in the value and dividend rates of the stock subject to the option, an increase in interest rates, a change in the actual and perceived volatility of the stock market and the common stock and the remaining time to expiration.

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.

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.