Home   Logon   Mobile Site   Research and Commentary   About Us   Call 1.800.621.1675 or Email Us       Follow Us: 

Search by Ticker, Keyword or CUSIP       
 
 

Investment Grade Multi-Asset Income, Long-Term, 30  Ticker: FTPYIX
 
Description
This unit investment trust seeks current income and capital preservation by investing in a fixed portfolio of investment grade corporate bonds and taxable municipal bonds.
Please note that there is no assurance the objective will be met.
 
Summary
Product Code: MALT30
Portfolio Status: Secondary
Initial Offer Date: 04/02/2019
Secondary Date: 06/28/2019
Wtd Avg Maturity: 25.5
ELTR Life: 24.6
Tax Structure: Regulated Investment Company
 
Initial Offer Price: $1,124.5000
NAV(*): $1,177.6700
POP(*): $1,222.9300
PAR(*): $1,000.1000
Remaining Deferred Sales Charge: $0.0000
* As of Trade Date: 11/13/2019 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.

 Income Information
CUSIP Frequency / Distributions Accrued Interest Estimated Annual Income Estimated Current Return Estimated Long Term Return
33741B340 Monthly $0.6600 $47.4000 3.880% 3.407%


 Holdings  Export Current Holdings | View Initial Holdings  
CUSIPParDescriptionS&P RatingStCouponMaturity(M)
/Escrow(E)
/Refund(R)
Date
Next
Call Date
Call
Price
001055AY8 225,000 AFLAC INC 4.75%, due 01/15/2049  A-   4.75000 01/15/2049M 07/15/2048 100.0000
02765UCR3 215,000 AMERICAN MUNI PWR-OHIO INC OH REV TAXABLE-BABS, 6.053%, due 02/15/2043  A OH 6.05300 02/15/2043M    
038222AM7 225,000 APPLIED MATERIALS INC 4.35%, due 04/01/2047  A-   4.35000 04/01/2047M 10/01/2046 100.0000
03835VAH9 100,000 APTIV PLC 5.40%, due 03/15/2049  BBB   5.40000 03/15/2049M 09/15/2048 100.0000
06051GFG9 225,000 BANK OF AMERICA CORP 4.875%, due 04/01/2044  A-   4.87500 04/01/2044M    
12189LAS0 225,000 BURLINGTN NORTH SANTA FE 4.90%, due 04/01/2044  A+   4.90000 04/01/2044M 10/01/2043 100.0000
130179KK9 155,000 CALIFORNIA ST EDUCTNL FACS AUTH TAXABLE, 3.836%, due 04/01/2047  NR CA 3.83600 04/01/2047M 04/01/2027 100.0000
20030NCM1 225,000 COMCAST CORP 4.70%, due 10/15/2048  A-   4.70000 10/15/2048M 04/15/2048 100.0000
205887CE0 225,000 CONAGRA BRANDS INC 5.40%, due 11/01/2048  BBB-   5.40000 11/01/2048M 05/01/2048 100.0000
37045VAL4 225,000 GENERAL MOTORS CO 6.75%, due 04/01/2046  BBB   6.75000 04/01/2046M 10/01/2045 100.0000
375558BD4 260,000 GILEAD SCIENCES INC 4.75%, due 03/01/2046  A   4.75000 03/01/2046M 09/01/2045 100.0000
42824CAY5 225,000 HP ENTERPRISE CO 6.35%, due 10/15/2045  BBB   6.35000 10/15/2045M 04/15/2045 100.0000
546676AY3 200,000 LOUISVILLE GAS & ELEC 4.25%, due 04/01/2049  A   4.25000 04/01/2049M 10/01/2048 100.0000
59156RBL1 225,000 METLIFE INC 4.721%, due 12/15/2044  A-   4.72100 12/15/2044M    
59333P3W6 150,000 MIAMI-DADE CNTY FL AVIATION REV TAXABLE, 4.28%, due 10/01/2041  A FL 4.28000 10/01/2041M 10/01/2028 100.0000
607767AA8 210,000 MODESTO CA IRR DIST FING AUTH ELEC SYS REV TAXABLE-BABS-SER A, 7.204%, due 10/01/2040  A+ CA 7.20400 10/01/2040M    
649670KR6 200,000 NEW YORK CITY NY EDUCTNL CONSTRUCTION FD TAXABLE-BABS, 6.20%, due 04/01/2040  AA- NY 6.20000 04/01/2040M    
674599CJ2 225,000 OCCIDENTAL PETROLEUM CORP 4.40%, due 04/15/2046  BBB   4.40000 04/15/2046M 10/15/2045 100.0000
67884FS98 350,000 OKLAHOMA DEV FIN AUTH LEASE REV TAXABLE, 3.875%, due 06/01/2046  AA- OK 3.87500 06/01/2046M 06/01/2026 100.0000
747525AK9 340,000 QUALCOMM INC 4.80%, due 05/20/2045  A-   4.80000 05/20/2045M 11/20/2044 100.0000
906460DU1 225,000 UNION CNTY PA HOSP AUTH TAXABLE, 4.85%, due 08/01/2041  A- PA 4.85000 08/01/2041M 08/01/2028 100.0000
384802AB0 225,000 WW GRAINGER INC 4.60%, due 06/15/2045  A+   4.60000 06/15/2045M 12/15/2044 100.0000
 
Total Number of Holdings:    22


Risk Considerations

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.

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.

Taxable Bond Risk. Taxable bonds are subject to numerous risks including rising interest rates, economic recession, deterioration of the bond market, possible downgrades, increased volatility, reduced liquidity and defaults of interest and/or principal.

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.

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 cybersecurity.

Estimated current return is determined by dividing a Trust's estimated net annual interest income per unit by the public offering price per unit. Estimated long-term return is a measure of the estimated return over the estimated life of a Trust. Unlike estimated current return, estimated long-term return reflects maturities, estimated principal prepayments, Trust charges and expenses, and discounts and premiums of securities in a Trust. Returns and prices will fluctuate. Consult a prospectus for a more complete description of the estimated current return and estimated long-term return calculations.

Some of the information may have been obtained from third parties, including ratings from credit ratings agencies such as Standard & Poor's. Reproduction and distribution of third party content in any form is prohibited except with the prior written permission of the related third party. Third party content providers do not guarantee the accuracy, completeness, timeliness or availability of any information, including ratings, and are not responsible for any errors or omissions (negligent or otherwise), regardless of the cause, or for the results obtained from the use of such content. THIRD PARTY CONTENT PROVIDERS GIVE NO EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO, ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE. THIRD PARTY CONTENT PROVIDERS SHALL NOT BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, EXEMPLARY, COMPESATORY, PUNITIVE, SPECIAL OR CONSEQUENTIAL DAMAGES, COSTS, EXPENSES, LEGAL FEES, OR LOSSES (INCLUDING LOST INCOME OR PROFITS AND OPPORTUNITY COSTS) IN CONNECTION WITH ANY USE OF THEIR CONTENT, INCLUDING RATINGS. Credit ratings are statements of opinions and are not statements of fact or recommendations to purchase, hold or sell securities. They do not address the suitability of securities or the suitability of securities for investment purposes, and should not be relied on as investment advice. Please see the prospectus for a full description of the bond ratings.

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
33741B340 (Cash)
33741B357 (Cash-Wrap)
Printer Friendly Page Printer Friendly Page

 
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.
Home |  Important Legal Information |  Privacy Policy |  Business Continuity Plan |  FINRA BrokerCheck
Copyright © 2019 All rights reserved.