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60/40 Strategic Allocation, 2nd Qtr 2019  Ticker: FBJEZX
 
Description
A unit investment trust which seeks the potential for above-average total return by investing approximately 60% of its assets in common stocks which are selected by applying a disciplined investment strategy and 40% 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: 6S2Q19
Portfolio Status: Secondary
Initial Offer Date: 04/11/2019
Secondary Date: 05/13/2019
Portfolio Ending Date: 07/16/2020
Tax Structure: Regulated Investment Company
Distributions: Monthly
 
Initial Offer Price: $10.0000
NAV(*): $10.2518
POP(*): $10.3921
Remaining Deferred Sales Charge: $0.0000
* As of Trade Date: 02/25/2020 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.

 Historical 12-Month Distribution of Trust Holdings:^
Rate (as of 2/25/2020) Per Unit (as of 2/24/2020)
2.42% $0.25150
^There is no guarantee the issuers of the securities included in the trust will declare dividends or distributions in the future. The historical 12-month distribution per unit and historical 12-month distribution rate of the securities included in the trust are for illustrative purposes only and are not indicative of the trust's distribution or distribution rate. The historical 12-month distribution per unit is based on the weighted average of the trailing twelve month distributions paid by the securities included in the portfolio. The historical 12-month distribution rate is calculated by dividing the historical 12-month distributions by the trust's offering price. The historical 12-month distribution and rate are reduced to account for the effects of fees and expenses, which will be incurred when investing in a trust. For trusts that include funds, distributions may include realized short term capital gains, realized long-term capital gains and/or return of capital. PLEASE NOTE: For trusts that hold preferred securities, the historical distribution rate is calculated using only the holdings that have 12 months of distribution history. Any holdings without a 12 month history of dividends were excluded from the calculation. Certain of the issuers may have reduced their dividends or distributions over the prior twelve months. The distribution per unit and rate paid by the trust may be higher or lower than the amount shown above due to certain factors that may include, but are not limited to, a change in the dividends or distributions paid by issuers, actual expenses incurred, or the sale of securities in the portfolio.

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolWeighting
 Vanguard Long-Term Corporate Bond ETF VCLT 1.99%
 iShares Long-Term Corporate Bond ETF IGLB 1.99%
 iShares Intermediate-Term Corporate Bond ETF IGIB 1.85%
 First Trust Tactical High Yield ETF HYLS 1.71%
 SPDR Blackstone/GSO Senior Loan ETF SRLN 1.71%
 SPDR Bloomberg Barclays High Yield Bond ETF JNK 1.70%
 Invesco Senior Loan ETF BKLN 1.67%
 Highland/iBoxx Senior Loan ETF SNLN 1.66%
 SPDR Portfolio TIPS ETF SPIP 1.60%
 iShares JPMorgan USD Emerging Markets Bond ETF EMB 1.60%
 Schwab U.S. TIPS ETF SCHP 1.60%
 Vanguard Mortgage-Backed Securities ETF VMBS 1.56%
 SPDR Portfolio Mortgage Backed Bond ETF SPMB 1.56%
 SPDR Wells Fargo Preferred Stock ETF PSK 1.55%
 SPDR Portfolio Long Term Corporate Bond ETF SPLB 1.55%
 First Trust Low Duration Opportunities ETF LMBS 1.55%
 iShares iBoxx $ High Yield Corporate Bond ETF HYG 1.52%
 First Trust Senior Loan Fund FTSL 1.51%
 iShares 7-10 Year Treasury Bond ETF IEF 1.45%
 PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund CORP 1.45%
 SPDR Portfolio Intermediate Term Corporate Bond ETF SPIB 1.40%
 iShares International Aggregate Bond ETF IAGG 1.40%
 First Trust Preferred Securities and Income ETF FPE 1.39%
 Vanguard Short-Term Inflation-Protected Securities Index Fund VTIP 1.35%
 SPDR Bloomberg Barclays Emerging Markets Local Bond ETF EBND 1.33%
 Lam Research Corporation LRCX 0.73%
 NextEra Energy, Inc. NEE 0.67%
 Applied Materials, Inc. AMAT 0.67%
 Target Corporation TGT 0.66%
 Bristol-Myers Squibb Company BMY 0.64%
 Cintas Corporation CTAS 0.64%
 The Hershey Company HSY 0.64%
 Eversource Energy ES 0.63%
 Dollar General Corporation DG 0.63%
 Northrop Grumman Corporation NOC 0.61%
 Motorola Solutions, Inc. MSI 0.60%
 Xcel Energy Inc. XEL 0.59%
 The Allstate Corporation ALL 0.59%
 Micron Technology, Inc. MU 0.59%
 Prologis, Inc. PLD 0.59%
 Air Products and Chemicals, Inc. APD 0.59%
 Costco Wholesale Corporation COST 0.58%
 T. Rowe Price Group, Inc. TROW 0.58%
 KLA Corporation KLAC 0.57%
 Ross Stores, Inc. ROST 0.57%
 AT&T Inc. T 0.56%
 Waste Management, Inc. WM 0.56%
 The Procter & Gamble Company PG 0.55%
 PepsiCo, Inc. PEP 0.55%
 The Estee Lauder Companies Inc. EL 0.55%
 ASML Holding N.V. ASML 0.54%
 Raytheon Company RTN 0.54%
 Fastenal Company FAST 0.53%
 The Progressive Corporation PGR 0.53%
 Facebook, Inc. (Class A) FB 0.53%
 The Walt Disney Company DIS 0.52%
 Sysco Corporation SYY 0.52%
 The TJX Companies, Inc. TJX 0.52%
 Best Buy Co., Inc. BBY 0.52%
 Intel Corporation INTC 0.51%
 Hormel Foods Corporation HRL 0.51%
 Regeneron Pharmaceuticals, Inc. REGN 0.51%
 NTT DOCOMO, Inc. (ADR) DCMYY 0.51%
 UnitedHealth Group Incorporated UNH 0.50%
 Stryker Corporation SYK 0.50%
 Consolidated Edison, Inc. ED 0.50%
 Texas Instruments Incorporated TXN 0.49%
 Constellation Brands, Inc. (Class A) STZ 0.49%
 PayPal Holdings, Inc. PYPL 0.49%
 Tyson Foods, Inc. (Class A) TSN 0.48%
 Public Storage PSA 0.48%
 Twitter, Inc. TWTR 0.48%
 Cummins Inc. CMI 0.47%
 NXP Semiconductors N.V. NXPI 0.47%
 HCA Healthcare, Inc. HCA 0.47%
 AutoZone, Inc. AZO 0.46%
 Northern Trust Corporation NTRS 0.46%
 National Grid Plc (ADR) NGG 0.46%
 Southwest Airlines Co. LUV 0.45%
 Novo Nordisk A/S (ADR) NVO 0.45%
 Nippon Telegraph and Telephone Corporation (ADR) NTTYY 0.45%
 Accenture Plc ACN 0.43%
 Toyota Motor Corporation (ADR) TM 0.42%
 Engie S.A. (ADR) ENGIY 0.42%
 Linde Plc LIN 0.42%
 Hitachi, Ltd. (ADR) HTHIY 0.41%
 Cognizant Technology Solutions Corporation CTSH 0.41%
 Dassault Systemes S.E. (ADR) DASTY 0.41%
 LVMH Moet Hennessy Louis Vuitton SE (ADR) LVMUY 0.41%
 Walgreens Boots Alliance, Inc. WBA 0.41%
 Valero Energy Corporation VLO 0.40%
 Phillips 66 PSX 0.40%
 Royal Bank of Canada RY 0.39%
 British American Tobacco Plc (ADR) BTI 0.38%
 The Toronto-Dominion Bank TD 0.38%
 Chevron Corporation CVX 0.38%
 L'Oreal S.A. (ADR) LRLCY 0.38%
 Allianz SE (ADR) ALIZY 0.38%
 Nucor Corporation NUE 0.37%
 Ulta Beauty, Inc. ULTA 0.37%
 AXA S.A. (ADR) AXAHY 0.36%
 Honda Motor Co., Ltd. (ADR) HMC 0.35%
 NIDEC Corporation (ADR) NJDCY 0.34%
 Canon Inc. (ADR) CAJ 0.32%
 Anglo American Plc (ADR) NGLOY 0.32%
 Exxon Mobil Corporation XOM 0.31%
 Rio Tinto Plc (ADR) RIO 0.31%
 Concho Resources Inc. CXO 0.31%
 Total S.A. (ADR) TOT 0.30%
 BP Plc (ADR) BP 0.28%
 Burlington Stores, Inc. BURL 0.28%
 Eni SpA (ADR) E 0.27%
 Royal Dutch Shell Plc (ADR) RDS/A 0.27%
 Tech Data Corporation TECD 0.26%
 Entegris, Inc. ENTG 0.26%
 Occidental Petroleum Corporation OXY 0.26%
 NVR, Inc. NVR 0.25%
 D.R. Horton, Inc. DHI 0.25%
 Lennar Corporation LEN 0.25%
 MarketAxess Holdings Inc. MKTX 0.25%
 SYNNEX Corporation SNX 0.25%
 Continental AG (ADR) CTTAY 0.25%
 Lumentum Holdings Inc. LITE 0.25%
 Zynga Inc. ZNGA 0.24%
 Performance Food Group Company PFGC 0.24%
 Bio-Rad Laboratories, Inc. (Class A) BIO 0.23%
 Skyworks Solutions, Inc. SWKS 0.23%
 Reliance Steel & Aluminum Co. RS 0.23%
 Morningstar, Inc. MORN 0.23%
 Deckers Outdoor Corporation DECK 0.23%
 Medical Properties Trust, Inc. MPW 0.23%
 CDW Corporation CDW 0.23%
 Watsco, Inc. WSO 0.22%
 CBRE Group, Inc. CBRE 0.22%
 Owens Corning OC 0.22%
 First American Financial Corporation FAF 0.22%
 The New York Times Company (Class A) NYT 0.21%
 The Toro Company TTC 0.21%
 EMCOR Group, Inc. EME 0.21%
 Texas Roadhouse, Inc. TXRH 0.21%
 Knight-Swift Transportation Holdings Inc. KNX 0.21%
 Brixmor Property Group Inc. BRX 0.21%
 Fidelity National Financial, Inc. FNF 0.21%
 MKS Instruments, Inc. MKSI 0.20%
 Nissan Motor Co., Ltd. (ADR) NSANY 0.20%
 PS Business Parks, Inc. PSB 0.20%
 Lancaster Colony Corporation LANC 0.19%
 ManpowerGroup Inc. MAN 0.19%
 Omnicom Group Inc. OMC 0.19%
 Equity Commonwealth EQC 0.19%
 Eagle Materials Inc. EXP 0.19%
 Darden Restaurants, Inc. DRI 0.19%
 United Therapeutics Corporation UTHR 0.19%
 Expeditors International of Washington, Inc. EXPD 0.18%
 Landstar System, Inc. LSTR 0.18%
 MAXIMUS, Inc. MMS 0.18%
 Quanta Services, Inc. PWR 0.18%
 Skechers U.S.A., Inc. SKX 0.18%
 Varian Medical Systems, Inc. VAR 0.18%
 Rollins, Inc. ROL 0.18%
 ALLETE, Inc. ALE 0.18%
 Arrow Electronics, Inc. ARW 0.17%
 Erie Indemnity Company ERIE 0.17%
 Bank OZK OZK 0.17%
 Sonoco Products Company SON 0.16%
 Universal Forest Products, Inc. UFPI 0.16%
 Cirrus Logic, Inc. CRUS 0.16%
 MSC Industrial Direct Co., Inc. (Class A) MSM 0.16%
 Columbia Sportswear Company COLM 0.16%
 Steel Dynamics, Inc. STLD 0.15%
 Aerojet Rocketdyne Holdings, Inc. AJRD 0.15%
 F5 Networks, Inc. FFIV 0.15%
 Exelixis, Inc. EXEL 0.15%
 Cohen & Steers, Inc. CNS 0.15%
 Parsley Energy, Inc. (Class A) PE 0.15%
 TopBuild Corp. BLD 0.15%
 Meritage Homes Corporation MTH 0.14%
 AMN Healthcare Services, Inc. AMN 0.14%
 ManTech International Corporation MANT 0.14%
 FTI Consulting, Inc. FCN 0.13%
 Exponent, Inc. EXPO 0.13%
 Lear Corporation LEA 0.13%
 Walker & Dunlop, Inc. WD 0.13%
 UniFirst Corporation UNF 0.12%
 Louisiana-Pacific Corporation LPX 0.12%
 American Eagle Outfitters, Inc. AEO 0.12%
 Power Integrations, Inc. POWI 0.12%
 Spirit Realty Capital, Inc. SRC 0.12%
 TRI Pointe Group, Inc. TPH 0.12%
 Pattern Energy Group Inc. PEGI 0.12%
 Advanced Energy Industries, Inc. AEIS 0.11%
 AVX Corporation AVX 0.11%
 PVH Corp. PVH 0.11%
 Franklin Electric Co., Inc. FELE 0.11%
 Hub Group, Inc. HUBG 0.11%
 Tandem Diabetes Care, Inc. TNDM 0.11%
 Werner Enterprises, Inc. WERN 0.10%
 Cracker Barrel Old Country Store, Inc. CBRL 0.10%
 Brady Corporation BRC 0.10%
 World Fuel Services Corporation INT 0.10%
 Cabot Oil & Gas Corporation COG 0.10%
 Federated Hermes, Inc. (Class B) FHI 0.10%
 Steven Madden, Ltd. SHOO 0.10%
 WD-40 Company WDFC 0.10%
 NorthWestern Corporation NWE 0.10%
 Rush Enterprises, Inc. (Class A) RUSHA 0.10%
 Sabra Health Care REIT, Inc. SBRA 0.10%
 Vishay Intertechnology, Inc. VSH 0.09%
 Insight Enterprises, Inc. NSIT 0.09%
 Dick's Sporting Goods, Inc. DKS 0.09%
 PDC Energy, Inc. PDCE 0.09%
 The Ensign Group, Inc. ENSG 0.09%
 CenterState Bank Corporation CSFL 0.09%
 Knowles Corporation KN 0.09%
 Worthington Industries, Inc. WOR 0.08%
 Sanmina Corporation SANM 0.08%
 Healthcare Services Group, Inc. HCSG 0.08%
 Inter Parfums, Inc. IPAR 0.08%
 Evercore Inc. EVR 0.08%
 Aaron's, Inc. AAN 0.08%
 Xenia Hotels & Resorts, Inc. XHR 0.08%
 Apple Hospitality REIT, Inc. APLE 0.08%
 Dillard's, Inc. (Class A) DDS 0.07%
 Urban Outfitters, Inc. URBN 0.07%
 II-VI Incorporated IIVI 0.07%
 Dorman Products, Inc. DORM 0.07%
 Sprouts Farmers Market, Inc. SFM 0.07%
 Sally Beauty Holdings, Inc. SBH 0.06%
 CNX Resources Corporation CNX 0.05%
 Exact Sciences Corporation EXAS 0.05%
 Green Dot Corporation (Class A) GDOT 0.05%
 Southwestern Energy Company SWN 0.03%
 Callon Petroleum Company CPE 0.03%
 The Pennant Group, Inc. PNTG 0.03%
 
Total Number of Holdings:    234
Underlying Securities information represented above is as of 02/25/2020 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.

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 cybersecurity.

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
302651625 (Cash)
302651633 (Reinvest)
302651641 (Cash-Fee)
302651658 (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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