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       
 
 

75/25 Strategic Allocation, 3rd Qtr 2021  Ticker: FPURSX
 
Description
A unit investment trust which seeks the potential for above-average total return by investing approximately 75% of its assets in common stocks which are selected by applying a disciplined investment strategy and 25% 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: 7S3Q21
Portfolio Status: Primary
Initial Offer Date: 07/13/2021
Portfolio Ending Date: 10/17/2022
Tax Structure: Regulated Investment Company
Distributions: Monthly
 
Initial Offer Price: $10.0000
NAV(*): $9.7730
POP(*): $9.9063
Remaining Deferred Sales Charge: $0.1350
* As of Trade Date: 09/20/2021 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 9/20/2021) Per Unit (as of 9/20/2021)
1.80% $0.17860
^ 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. 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. For trusts that include funds, distributions may include realized short term capital gains, realized long-term capital gains and/or return of capital.

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolWeighting
 iShares iBoxx $ Investment Grade Corporate Bond ETF LQD 1.15%
 iShares Broad USD Investment Grade Corporate Bond ETF USIG 1.14%
 Vanguard Intermediate-Term Corporate Bond ETF VCIT 1.14%
 Invesco Senior Loan ETF BKLN 1.14%
 First Trust Senior Loan Fund FTSL 1.14%
 First Trust Tactical High Yield ETF HYLS 1.13%
 SPDR Blackstone Senior Loan ETF SRLN 1.13%
 iShares CMBS ETF CMBS 1.13%
 iShares Core 10+ Year USD Bond ETF ILTB 1.03%
 iShares 10+ Year Investment Grade Corporate Bond ETF IGLB 1.02%
 PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund CORP 1.01%
 First Trust Low Duration Opportunities ETF LMBS 1.01%
 SPDR Portfolio Mortgage Backed Bond ETF SPMB 1.01%
 iShares Broad USD High Yield Corporate Bond ETF USHY 1.01%
 SPDR Portfolio High Yield Bond ETF SPHY 1.01%
 Janus Henderson Mortgage-Backed Securities ETF JMBS 1.01%
 Invesco Preferred ETF PGX 1.00%
 iShares 10-20 Year Treasury Bond ETF TLH 0.90%
 iShares MBS ETF MBB 0.89%
 iShares iBoxx $ High Yield Corporate Bond ETF HYG 0.88%
 Invesco Emerging Markets Sovereign Debt ETF PCY 0.88%
 SPDR Bloomberg Barclays High Yield Bond ETF JNK 0.88%
 SPDR Bloomberg Barclays Short Term High Yield Bond ETF SJNK 0.88%
 iShares 0-5 Year High Yield Corporate Bond ETF SHYG 0.88%
 VanEck J.P. Morgan EM Local Currency Bond ETF EMLC 0.87%
 Blackstone Inc. BX 0.77%
 Chipotle Mexican Grill, Inc. CMG 0.74%
 Old Dominion Freight Line, Inc. ODFL 0.72%
 EPAM Systems, Inc. EPAM 0.72%
 Regeneron Pharmaceuticals, Inc. REGN 0.71%
 Alphabet Inc. (Class A) GOOGL 0.71%
 Costco Wholesale Corporation COST 0.70%
 Adobe Incorporated ADBE 0.68%
 salesforce.com, inc. CRM 0.68%
 Microsoft Corporation MSFT 0.67%
 The Procter & Gamble Company PG 0.66%
 Cisco Systems, Inc. CSCO 0.66%
 American Tower Corporation AMT 0.66%
 AutoZone, Inc. AZO 0.65%
 Public Service Enterprise Group Incorporated PEG 0.65%
 Philip Morris International Inc. PM 0.65%
 Archer-Daniels-Midland Company ADM 0.64%
 O'Reilly Automotive, Inc. ORLY 0.64%
 Dollar General Corporation DG 0.64%
 Monster Beverage Corporation MNST 0.64%
 Nucor Corporation NUE 0.63%
 The Hershey Company HSY 0.63%
 Applied Materials, Inc. AMAT 0.63%
 D.R. Horton, Inc. DHI 0.63%
 The Travelers Companies, Inc. TRV 0.63%
 L3Harris Technologies Inc. LHX 0.63%
 Lennar Corporation LEN 0.63%
 Moody's Corporation MCO 0.63%
 Facebook, Inc. (Class A) FB 0.63%
 Automatic Data Processing, Inc. ADP 0.62%
 Eli Lilly and Company LLY 0.62%
 Oracle Corporation ORCL 0.62%
 Aflac Incorporated AFL 0.62%
 Fastenal Company FAST 0.62%
 American Electric Power Company, Inc. AEP 0.62%
 Berkshire Hathaway Inc. (Class B) BRK/B 0.62%
 Sempra Energy SRE 0.62%
 Target Corporation TGT 0.61%
 Deere & Company DE 0.61%
 The Allstate Corporation ALL 0.61%
 T. Rowe Price Group, Inc. TROW 0.61%
 Mondelez International, Inc. MDLZ 0.61%
 ASML Holding N.V. (New York Registry Shares) ASML 0.60%
 Northrop Grumman Corporation NOC 0.60%
 Xcel Energy Inc. XEL 0.59%
 Intel Corporation INTC 0.59%
 Vertex Pharmaceuticals Incorporated VRTX 0.59%
 The Progressive Corporation PGR 0.59%
 Crown Castle International Corp. CCI 0.59%
 Veeva Systems Inc. (Class A) VEEV 0.59%
 Novo Nordisk A/S (ADR) NVO 0.58%
 Shin-Etsu Chemical Co., Ltd. (ADR) SHECY 0.58%
 Tokyo Electron Limited (ADR) TOELY 0.58%
 Lockheed Martin Corporation LMT 0.57%
 Amazon.com, Inc. AMZN 0.57%
 3M Company MMM 0.57%
 Nippon Telegraph and Telephone Corporation (ADR) NTTYY 0.57%
 Humana Inc. HUM 0.56%
 Air Products and Chemicals, Inc. APD 0.56%
 KDDI Corporation (ADR) KDDIY 0.56%
 Chubb Limited CB 0.55%
 Centene Corporation CNC 0.55%
 Newmont Corporation NEM 0.54%
 Biogen Inc. BIIB 0.54%
 Accenture Plc ACN 0.54%
 Kinder Morgan, Inc. KMI 0.54%
 Cigna Corporation CI 0.54%
 Sony Group Corp. (ADR) SONY 0.53%
 CSL Limited (ADR) CSLLY 0.53%
 Activision Blizzard, Inc. ATVI 0.52%
 Zurich Insurance Group AG (ADR) ZURVY 0.52%
 A.P. Moeller - Maersk A/S (Class B) (ADR) AMKBY 0.51%
 Toyota Motor Corporation (ADR) TM 0.50%
 L'Oreal S.A. (ADR) LRLCY 0.50%
 Hermes International (ADR) HESAY 0.50%
 GlaxoSmithKline Plc (ADR) GSK 0.49%
 Nestle S.A. (ADR) NSRGY 0.49%
 Roche Holding AG (ADR) RHHBY 0.48%
 Honda Motor Co., Ltd. (ADR) HMC 0.48%
 British American Tobacco Plc (ADR) BTI 0.48%
 SAP SE (ADR) SAP 0.47%
 Air Liquide S.A. (ADR) AIQUY 0.47%
 Sanofi (ADR) SNY 0.46%
 Novartis AG (ADR) NVS 0.45%
 Iberdrola S.A. (ADR) IBDRY 0.45%
 Volkswagen AG (ADR) VWAGY 0.45%
 SoftBank Group Corp. (ADR) SFTBY 0.43%
 Nintendo Co., Ltd. (ADR) NTDOY 0.42%
 Rio Tinto Plc (ADR) RIO 0.39%
 BHP Group Ltd (ADR) BHP 0.36%
 Dick's Sporting Goods, Inc. DKS 0.33%
 West Pharmaceutical Services, Inc. WST 0.30%
 Quest Diagnostics Incorporated DGX 0.29%
 Bio-Rad Laboratories, Inc. (Class A) BIO 0.29%
 Tractor Supply Company TSCO 0.28%
 Williams-Sonoma, Inc. WSM 0.28%
 Cabot Oil & Gas Corporation COG 0.28%
 AutoNation, Inc. AN 0.28%
 Deckers Outdoor Corporation DECK 0.28%
 Houlihan Lokey, Inc. HLI 0.28%
 Entergy Corporation ETR 0.27%
 CDW Corporation CDW 0.27%
 The Cooper Companies, Inc. COO 0.26%
 Landstar System, Inc. LSTR 0.26%
 Alliant Energy Corporation LNT 0.26%
 Laboratory Corporation of America Holdings LH 0.26%
 First Solar, Inc. FSLR 0.26%
 First American Financial Corporation FAF 0.26%
 Knight-Swift Transportation Holdings Inc. KNX 0.26%
 Evergy, Inc. EVRG 0.26%
 Kellogg Company K 0.25%
 Neurocrine Biosciences, Inc. NBIX 0.25%
 Chemed Corporation CHE 0.25%
 NVR, Inc. NVR 0.25%
 Iron Mountain Incorporated IRM 0.25%
 Erie Indemnity Company ERIE 0.25%
 Evercore Inc. EVR 0.25%
 Fidelity National Financial, Inc. FNF 0.25%
 Digital Turbine, Inc. APPS 0.25%
 Medpace Holdings, Inc. MEDP 0.25%
 Cincinnati Financial Corporation CINF 0.24%
 MDU Resources Group, Inc. MDU 0.24%
 Universal Health Services, Inc. (Class B) UHS 0.24%
 The J.M. Smucker Company SJM 0.24%
 Snap-on Incorporated SNA 0.24%
 Incyte Corporation INCY 0.24%
 Best Buy Co., Inc. BBY 0.24%
 Expeditors International of Washington, Inc. EXPD 0.24%
 SEI Investments Company SEIC 0.24%
 Pool Corporation POOL 0.24%
 Akamai Technologies, Inc. AKAM 0.24%
 CACI International Inc. CACI 0.24%
 j2 Global, Inc. JCOM 0.24%
 Markel Corporation MKL 0.24%
 Watsco, Inc. WSO 0.24%
 Celanese Corporation CE 0.24%
 BioMarin Pharmaceutical Inc. BMRN 0.24%
 Generac Holdings Inc. GNRC 0.24%
 PulteGroup, Inc. PHM 0.23%
 Old Republic International Corporation ORI 0.23%
 Teradyne, Inc. TER 0.23%
 The Toro Company TTC 0.23%
 A.O. Smith Corporation AOS 0.23%
 Reliance Steel & Aluminum Co. RS 0.23%
 Pinnacle West Capital Corporation PNW 0.22%
 Take-Two Interactive Software, Inc. TTWO 0.22%
 Foot Locker, Inc. FL 0.20%
 Ollie's Bargain Outlet Holdings, Inc. OLLI 0.19%
 Amedisys, Inc. AMED 0.16%
 Quidel Corporation QDEL 0.16%
 Blueprint Medicines Corporation BPMC 0.16%
 Atkore Inc. ATKR 0.16%
 ICU Medical, Inc. ICUI 0.15%
 Casella Waste Systems, Inc. CWST 0.15%
 Saia, Inc. SAIA 0.15%
 National Beverage Corp. FIZZ 0.15%
 Shutterstock, Inc. SSTK 0.15%
 Murphy USA Inc. MUSA 0.15%
 American National Group, Inc. ANAT 0.15%
 Meritage Homes Corporation MTH 0.14%
 Seaboard Corporation SEB 0.14%
 Premier, Inc. (Class A) PINC 0.14%
 Moelis & Company MC 0.14%
 Werner Enterprises, Inc. WERN 0.13%
 IDACORP, Inc. IDA 0.13%
 Sanderson Farms, Inc. SAFM 0.13%
 FTI Consulting, Inc. FCN 0.13%
 Hub Group, Inc. HUBG 0.13%
 Stamps.com Inc. STMP 0.13%
 Greif, Inc. GEF 0.13%
 The Boston Beer Company, Inc. SAM 0.13%
 PS Business Parks, Inc. PSB 0.13%
 Tri Pointe Homes, Inc. TPH 0.13%
 ServisFirst Bancshares, Inc. SFBS 0.13%
 Acushnet Holdings Corp. GOLF 0.13%
 Flowers Foods, Inc. FLO 0.12%
 Sanmina Corporation SANM 0.12%
 UniFirst Corporation UNF 0.12%
 MAXIMUS, Inc. MMS 0.12%
 Simpson Manufacturing Co., Inc. SSD 0.12%
 Silgan Holdings Inc. SLGN 0.12%
 RLI Corp. RLI 0.12%
 Commercial Metals Company CMC 0.12%
 Coca-Cola Consolidated Inc. COKE 0.12%
 Franklin Electric Co., Inc. FELE 0.12%
 The Hanover Insurance Group, Inc. THG 0.12%
 World Wrestling Entertainment, Inc. WWE 0.12%
 Stepan Company SCL 0.12%
 Grand Canyon Education, Inc. LOPE 0.12%
 LGI Homes, Inc. LGIH 0.12%
 Southwest Gas Holdings, Inc. SWX 0.12%
 Cannae Holdings, Inc. CNNE 0.12%
 Graham Holdings Company GHC 0.11%
 Telephone and Data Systems, Inc. TDS 0.11%
 Lancaster Colony Corporation LANC 0.11%
 Brady Corporation BRC 0.11%
 United States Cellular Corporation USM 0.11%
 Mercury General Corporation MCY 0.11%
 TTEC Holdings, Inc. TTEC 0.11%
 ManTech International Corporation MANT 0.11%
 Hilltop Holdings Inc. HTH 0.11%
 Dorman Products, Inc. DORM 0.11%
 Piedmont Office Realty Trust, Inc. PDM 0.11%
 Sage Therapeutics, Inc. SAGE 0.11%
 Allscripts Healthcare Solutions, Inc. MDRX 0.10%
 Medifast, Inc. MED 0.10%
 Agios Pharmaceuticals, Inc. AGIO 0.10%
 Owens & Minor, Inc. OMI 0.09%
 CareDx, Inc. CDNA 0.09%
 Cassava Sciences, Inc. SAVA 0.06%
 
Total Number of Holdings:    235
Underlying Securities information represented above is as of 09/20/2021 but will vary with future fluctuations in the market.

 Standard Account Sales Charges *
Transactional sales charges: Initial:  -0.01%
  Deferred:  1.36%
C&D Fee:    0.50%
Maximum Sales Charge:   1.85%
CUSIP Type Distribution
30321G145 Cash Monthly
30321G152 Reinvest Monthly
* Based on the offer price as of 09/20/2021 4:00pm ET

 Fee/Wrap Account Sales Charges *
C&D Fee:    0.51%
Maximum Sales Charge:   0.51%
CUSIP Type Distribution
30321G160 Cash-Fee Monthly
30321G178 Reinvest-Fee Monthly
* Based on the NAV price as of 09/20/2021 4:00pm ET
In addition to the sales charges listed, UITs are subject to annual operating expenses and organization costs.

 Deferred Sales Charge Schedule
Amount Date
$0.04500 October 20, 2021
$0.04500 November 19, 2021
$0.04500 December 20, 2021

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.

Brexit Risk. About one year after the United Kingdom officially departed the European Union (commonly referred to as "Brexit"), the United Kingdom and the European Union reached a trade agreement that became effective on December 31, 2020. It is not currently possible to determine the extent of the impact the Brexit trade agreement may have on the portfolio's investments and this uncertainty could negatively impact current and future economic conditions in the United Kingdom and other countries, which could negatively impact the value of the portfolio's investments.

Covenant-Lite Loan Risk. Certain of the funds invest significantly in "covenant-lite" loans, which are loans made with minimal protections for the lender. Because covenant-lite loans are less restrictive on borrowers and provide less protection for lenders than typical corporate loans, the risk of default may be significantly higher.

COVID-19 Economic Impact Risk. The COVID-19 global pandemic has caused significant volatility and declines in global financial markets, causing losses for investors. The development of vaccines has slowed the spread of the virus and allowed for the resumption of "reasonably" normal business activity in the United States, although many countries continue to impose lockdown measures. Additionally, there is no guarantee that vaccines will be effective against emerging variants of the disease.

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.

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.

Large-Cap Risk. Large capitalization companies may grow at a slower rate than the overall market.

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.

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 professional 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
30321G145 (Cash)
30321G152 (Reinvest)
30321G160 (Cash-Fee)
30321G178 (Reinvest-Fee)
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 professionals 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. (Form CRS)   •  First Trust Advisors L.P. (Form CRS)
Home |  Important Legal Information |  Privacy Policy |  California Privacy Policy |  Business Continuity Plan |  FINRA BrokerCheck
Copyright © 2021 All rights reserved.