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Corporate Investment Grade, 3-7 Year, 16  Ticker: FOGSDX
This unit investment trust seeks current income and capital preservation by investing in a portfolio of investment grade corporate bonds.
Please note that there is no assurance the objective will be met.
Product Code: CI3716
Portfolio Status: Secondary
Initial Offer Date: 04/18/2023
Secondary Date: 06/13/2023
Wtd Avg Maturity: 4.5
ELTR Life: 4.5
Tax Structure: Regulated Investment Company
Initial Offer Price: $1,013.6100
NAV(*): $952.3800
POP(*): $976.8000
PAR(*): $1,000.0000
Remaining Deferred Sales Charge: $0.0000
* As of Trade Date: 09/27/2023 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
30331B789 Monthly $2.3500 $44.4300 4.550% 5.078%

 Holdings  Export Current Holdings | View Initial Holdings  
CUSIPParDescriptionS&P RatingStCouponMaturity(M)
Call Date
02665WED9 200,000 AMERICAN HONDA FINANCE 4.70%, due 01/12/2028  A-   4.70000 01/12/2028M    
05723KAE0 200,000 BAKER HUGHES LLC/CO-OBL 3.337%, due 12/15/2027  A-   3.33700 12/15/2027M 09/15/2027 100.0000
06051GGA1 200,000 BANK OF AMERICA CORP 3.248%, due 10/21/2027  A-   3.24800 10/21/2027M 10/21/2026 100.0000
06368LAQ9 200,000 BANK OF MONTREAL 4.70%, due 09/14/2027  A-   4.70000 09/14/2027M 08/14/2027 100.0000
05530QAP5 200,000 BAT INTL FINANCE PLC 4.448%, due 03/16/2028  BBB+   4.44800 03/16/2028M 02/16/2028 100.0000
741503BC9 200,000 BOOKING HOLDINGS INC 3.55%, due 03/15/2028  A-   3.55000 03/15/2028M 12/15/2027 100.0000
10112RBG8 200,000 BOSTON PROPERTIES LP 6.75%, due 12/01/2027  BBB+   6.75000 12/01/2027M 11/01/2027 100.0000
12592BAQ7 200,000 CNH INDUSTRIAL CAP LLC 4.55%, due 04/10/2028  BBB   4.55000 04/10/2028M 03/10/2028 100.0000
212015AS0 200,000 CONTINENTAL RESOURCES 4.375%, due 01/15/2028  BBB-   4.37500 01/15/2028M 10/15/2027 100.0000
22822VBA8 200,000 CROWN CASTLE INC 5%, due 01/11/2028  BBB   5.00000 01/11/2028M 12/11/2027 100.0000
33938XAE5 200,000 FLEX LTD 6%, due 01/15/2028  BBB-   6.00000 01/15/2028M 12/15/2027 100.0000
37045XEG7 200,000 GENERAL MOTORS FINL CO 5.85%, due 04/06/2030  BBB   5.85000 04/06/2030M 02/06/2030 100.0000
46656PAA2 200,000 JABIL INC 5.45%, due 02/01/2029  BBB-   5.45000 02/01/2029M 01/01/2029 100.0000
571903BL6 200,000 MARRIOTT INTERNATIONAL 4.90%, due 04/15/2029  BBB   4.90000 04/15/2029M 03/15/2029 100.0000
595112CA9 200,000 MICRON TECHNOLOGY INC 5.375%, due 04/15/2028  BBB-   5.37500 04/15/2028M 03/15/2028 100.0000
61746BEF9 200,000 MORGAN STANLEY 3.625%, due 01/20/2027  A-   3.62500 01/20/2027M    
628530BK2 200,000 MYLAN INC 4.55%, due 04/15/2028  BBB-   4.55000 04/15/2028M 01/15/2028 100.0000
67077MBA5 200,000 NUTRIEN LTD 4.90%, due 03/27/2028  BBB   4.90000 03/27/2028M 02/27/2028 100.0000
718547AT9 200,000 PHILLIPS 66 4.95%, due 12/01/2027  BBB+   4.95000 12/01/2027M 11/01/2027 100.0000
714046AG4 200,000 REVVITY INC 3.30%, due 09/15/2029  BBB   3.30000 09/15/2029M 06/15/2029 100.0000
78016FZW7 200,000 ROYAL BANK OF CANADA 4.90%, due 01/12/2028  A   4.90000 01/12/2028M    
87612BBL5 200,000 TARGA RESOURCES PARTNERS 6.50%, due 07/15/2027  BBB-   6.50000 07/15/2027M 10/26/2023 103.2500
89115A2H4 200,000 TORONTO-DOMINION BANK 4.693%, due 09/15/2027  A   4.69300 09/15/2027M    
89236TKL8 200,000 TOYOTA MOTOR CREDIT CORP 5.45%, due 11/10/2027  A+   5.45000 11/10/2027M    
91324PEU2 200,000 UNITEDHEALTH GROUP INC 4.25%, due 01/15/2029  A+   4.25000 01/15/2029M 12/15/2028 100.0000
Total Number of Holdings:    25

Risk Considerations

Corporate Bond Risk. An investment in a portfolio containing corporate bonds is subject to certain risks, including higher interest rates, economic recession, deterioration of the bond market or investors' perception thereof, possible downgrades and defaults of interest and/or principal.

Brexit Risk. The United Kingdom's official departure from the European Union (commonly referred to as "Brexit") led to volatility in global financial markets, in particular those of the United Kingdom and across Europe, and the weakening in political, regulatory, consumer, corporate and financial confidence in the United Kingdom and Europe. It is not currently possible to determine the extent of the impact that Brexit 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.

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.

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.

Foreign Securities Risk. Securities of non-U.S. issuers are subject to additional risks, including currency fluctuations, political risks, withholding, the lack of adequate financial information, and exchange control restrictions impacting non-U.S. issuers.

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.

Technology Risk. The companies engaged in the information technology sector are subject to fierce competition, high research and development costs, and their products and services may be subject to rapid obsolescence. Technology company stocks, especially those which are Internet-related, may experience extreme price and volume fluctuations that are often unrelated to their operating performance.

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 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, ©2023 CUSIP Global Services. "CUSIP" is a registered trademark of the American Bankers Association.

Fund Cusip Information
30331B789 (Cash)
30331B797 (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 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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