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Investment Grade Multi-Asset Income, Long-Term, 31 (Closed)  Ticker: FGAIWX
 
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: MALT31
Portfolio Status: Secondary
Initial Offer Date: 07/23/2019
Secondary Date: 11/05/2019
Wtd Avg Maturity: 26.7
ELTR Life: 25.6
Tax Structure: Regulated Investment Company
 
Initial Offer Price: $1,196.7300
NAV(*): $1,207.0800
POP(*): $1,253.4900
PAR(*): $999.9000
Remaining Deferred Sales Charge: $0.0000
* As of Trade Date: 12/13/2019 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
33741B464 Monthly $0.9200 $47.2100 3.770% 3.234%


 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
02765UDN1 350,000 AMERICAN MUNI PWR-OHIO INC OH TAXABLE-BABS, 5.939%, due 02/15/2047  A OH 5.93900 02/15/2047M    
037411BG9 190,000 APACHE CORP 5.35%, due 07/01/2049  BBB   5.35000 07/01/2049M 01/01/2049 100.0000
03835VAH9 225,000 APTIV PLC 5.40%, due 03/15/2049  BBB   5.40000 03/15/2049M 09/15/2048 100.0000
040555CT9 225,000 ARIZONA PUBLIC SERVICE 4.35%, due 11/15/2045  A-   4.35000 11/15/2045M 05/15/2045 100.0000
13080STQ7 140,000 CALIFORNIA STWD CMNTYS DEV AUTH TAXABLE, 4.821%, due 08/01/2045  A- CA 4.82100 08/01/2045M 08/01/2028 100.0000
13281NLY6 115,000 CAMDEN CNTY NJ IMPT AUTH REV TAXABLE-BABS-RECOVERY ZONE, 7.082%, due 02/15/2040  AA NJ 7.08200 02/15/2040M    
20030NCE9 225,000 COMCAST CORP 3.999%, due 11/01/2049  A-   3.99900 11/01/2049M 05/01/2049 100.0000
20826FAR7 200,000 CONOCOPHILLIPS COMPANY 5.95%, due 03/15/2046  A   5.95000 03/15/2046M 09/15/2045 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 340,000 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
451295A25 150,000 IDAHO ST HLTH FACS AUTH REVENUE TAXABLE, 5.02%, due 03/01/2048  A- ID 5.02000 03/01/2048M    
45204ED47 150,000 ILLINOIS ST FIN AUTH REVENUE TAXABLE, 3.944%, due 08/15/2047  AA- IL 3.94400 08/15/2047M    
59067ACT8 280,000 MESA CO ST CLG AUXILIARY FACS TAXABLE-BABS, 6.746%, due 05/15/2042  AA CO 6.74600 05/15/2042M    
59259YDC0 100,000 MET TRANSPRTN AUTH NY REVENUE TAXABLE, BABS, 6.687%, due 11/15/2040  A NY 6.68700 11/15/2040M    
68389XBQ7 250,000 ORACLE CORP 4%, due 11/15/2047  A+   4.00000 11/15/2047M 05/15/2047 100.0000
74432QCE3 225,000 PRUDENTIAL FINANCIAL INC 4.35%, due 02/25/2050  A   4.35000 02/25/2050M 08/25/2049 100.0000
747525AV5 250,000 QUALCOMM INC 4.30%, due 05/20/2047  A-   4.30000 05/20/2047M 11/20/2046 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
911312BQ8 225,000 UNITED PARCEL SERVICE 4.25%, due 03/15/2049  A   4.25000 03/15/2049M 09/15/2048 100.0000
91324PDL3 225,000 UNITEDHEALTH GROUP INC 4.25%, due 06/15/2048  A+   4.25000 06/15/2048M 12/15/2047 100.0000
384802AC8 225,000 WW GRAINGER INC 3.75%, due 05/15/2046  A+   3.75000 05/15/2046M 11/15/2045 100.0000
 
Total Number of Holdings:    23


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
33741B464 (Cash)
33741B472 (Cash-Wrap)
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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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