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Interest Rate Hedge, 143  Ticker: FCOIUX
 
Description
A unit investment trust that seeks above-average total return by investing in common stocks of companies with a history of dividend growth, as well as exchange-traded funds which invest in convertible securities, TIPS, MLPs, limited duration bonds and real estate investment trusts.
Please note that there is no assurance the objective will be met.
 
Summary
Product Code: IRHG143
Portfolio Status: Secondary
Initial Offer Date: 03/08/2022
Secondary Date: 05/12/2022
Portfolio Ending Date: 03/08/2024
Tax Structure: Regulated Investment Company
Distributions: Monthly
 
Initial Offer Price: $10.0000
NAV(*): $9.9409
POP(*): Not Avail
Remaining Deferred Sales Charge: $0.0000
* As of Trade Date: 02/29/2024 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  Per Unit (as of 2/26/2024)
----- $0.36880
^ 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 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 distributions 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. Certain of the issuers may have reduced their dividends or distributions over the prior twelve months. The distribution per unit 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.

 Premium/Discount of Securities Held in the Portfolio
Weighted Average Premium/Discount 0.04%
As of 2/26/2024
A premium occurs when an underlying security's market price is higher than its net asset value (or par value in the case of preferred securities), and a discount occurs when an underlying security's market price is lower than its net asset value (or par value in the case of preferred securities).

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolWeighting
 Alerian MLP ETF AMLP 7.84%
 Global X MLP ETF MLPA 7.59%
 Global X MLP & Energy Infrastructure ETF MLPX 7.23%
 SPDR Bloomberg Convertible Securities ETF CWB 4.80%
 First Trust SSI Strategic Convertible Securities ETF FCVT 4.45%
 Steel Dynamics, Inc. STLD 3.54%
 Evercore Inc. EVR 3.26%
 Oracle Corporation ORCL 2.88%
 Darden Restaurants, Inc. DRI 2.86%
 iShares Global REIT ETF REET 2.73%
 SPDR Dow Jones REIT ETF RWR 2.72%
 Invesco Senior Loan ETF BKLN 2.40%
 The Home Depot, Inc. HD 2.39%
 iShares Trust iShares 1-5 Year Investment Grade Corporate Bond ETF IGSB 2.39%
 Invesco Variable Rate Preferred ETF VRP 2.37%
 Invesco KBW Premium Yield Equity REIT ETF KBWY 2.32%
 iShares Broad USD High Yield Corporate Bond ETF USHY 2.31%
 Mondelez International, Inc. MDLZ 2.29%
 iShares 0-5 Year TIPS Bond ETF STIP 2.27%
 BlackRock, Inc. BLK 2.26%
 Vanguard Short-Term Inflation-Protected Securities ETF VTIP 2.26%
 SPDR DoubleLine Emerging Markets Fixed Income ETF EMTL 2.26%
 First Trust Tactical High Yield ETF HYLS 2.21%
 ConocoPhillips COP 2.20%
 General Dynamics Corporation GD 2.09%
 QUALCOMM Incorporated QCOM 1.98%
 Union Pacific Corporation UNP 1.94%
 Abbott Laboratories ABT 1.90%
 The Interpublic Group of Companies, Inc. IPG 1.88%
 Lockheed Martin Corporation LMT 1.79%
 First American Financial Corporation FAF 1.79%
 Devon Energy Corporation DVN 1.47%
 United Parcel Service, Inc. (Class B) UPS 1.45%
 Target Corporation TGT 1.39%
 Tyson Foods, Inc. (Class A) TSN 1.13%
 Advance Auto Parts, Inc. AAP 0.66%
 
Total Number of Holdings:    36
Underlying Securities information represented above is as of 02/29/2024 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.

Convertible Securities Risk. Convertible securities are bonds, preferred stocks and other securities that pay a fixed rate of interest (or dividends) and will repay principal at a fixed date in the future. However, these securities may be converted into a specific number of common stocks at a specified time. As such, an investment in convertible securities entails some of the risks associated with both common stocks and bonds.

COVID-19 Economic Impact Risk. The ongoing effects of the COVID-19 global pandemic, or the potential impacts of any future public health crisis, may cause significant volatility and uncertainty in global financial markets. While vaccines have been developed, there is no guarantee that vaccines will be effective against future 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.

Limited Duration Bonds Risk. Limited duration bonds are subject to interest rate risk, which is the risk that the value of a security will fall if interest rates increase. While limited duration bonds are generally subject to less interest rate sensitivity than longer duration bonds, there can be no assurance that interest rates will rise during the life of the trust.

Market Disruption Risk. Ongoing armed conflicts between Russia and Ukraine in Europe and among Israel, Hamas and other militant groups in the Middle East, have caused and could continue to cause significant market disruptions and volatility within the markets in Russia, Europe, the Middle East and the United States. The hostilities and sanctions resulting from those hostilities could have a significant impact on certain investments as well as performance.

MLP Risk. Investments in Master Limited Partnerships (MLPs) are subject to the risks generally applicable to companies in the energy and natural resources sectors, including commodity pricing risk, supply and demand risk, depletion risk and exploration risk. There are certain tax risks associated with MLPs, including the risk that U.S. taxing authorities could challenge the trust's treatment of the MLPs for federal income tax purposes. These tax risks could have a negative impact on the after-tax income available for distribution by the MLPs and/or the value of the trust's investments.

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.

TIPS Risk. TIPS are subject to numerous risks including changes in interest rates, economic recession and deterioration of the bond market or investors' perception thereof.

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.

CUSIP identifiers have been provided by CUSIP Global Services, managed on behalf of the American Bankers Association by FactSet Research Systems Inc. and are not for use or dissemination in a manner that would serve as a substitute for any CUSIP service. The CUSIP Database, ©2024 CUSIP Global Services. "CUSIP" is a registered trademark of the American Bankers Association.

Fund Cusip Information
30324W766 (Cash)
30324W774 (Reinvest)
30324W782 (Cash-Fee)
30324W790 (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 professionals are responsible for evaluating investment risks independently and for exercising independent judgment in determining whether investments are appropriate for their clients.
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