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40/60 Strategic Allocation, 4th Qtr 2023  Ticker: FIJTVX
 
Description
A unit investment trust which seeks the potential for above-average total return by investing approximately 40% of its assets in common stocks which are selected by applying a disciplined investment strategy and 60% 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: 4S4Q23
Portfolio Status: Secondary
Initial Offer Date: 09/29/2023
Secondary Date: 01/11/2024
Portfolio Ending Date: 01/16/2025
Tax Structure: Regulated Investment Company
Distributions: Monthly
 
Initial Offer Price: $10.0000
NAV(*): $10.6658
POP(*): $10.8118
Remaining Deferred Sales Charge: $0.0000
* As of Trade Date: 06/14/2024 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 (as of 6/14/2024) Per Unit (as of 6/10/2024)
3.60% $0.38950
^ 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 10+ Year Investment Grade Corporate Bond ETF IGLB 2.40%
 SPDR Portfolio Long Term Corporate Bond ETF SPLB 2.40%
 Vanguard Long-Term Corporate Bond ETF VCLT 2.39%
 iShares 10-20 Year Treasury Bond ETF TLH 2.36%
 iShares iBoxx $ Investment Grade Corporate Bond ETF LQD 2.35%
 iShares Trust iShares 5-10 Year Investment Grade Corporate Bond ETF IGIB 2.34%
 Invesco Preferred ETF PGX 2.34%
 iShares Broad USD Investment Grade Corporate Bond ETF USIG 2.33%
 Schwab 5-10 Year Corporate Bond ETF SCHI 2.33%
 SPDR Portfolio Corporate Bond ETF SPBO 2.32%
 iShares Preferred & Income Securities ETF PFF 2.31%
 Vanguard Mortgage-Backed Securities ETF VMBS 2.31%
 SPDR Portfolio Mortgage Backed Bond ETF SPMB 2.31%
 iShares MBS ETF MBB 2.30%
 iShares Broad USD High Yield Corporate Bond ETF USHY 2.30%
 iShares 7-10 Year Treasury Bond ETF IEF 2.29%
 Janus Henderson Mortgage-Backed Securities ETF JMBS 2.29%
 SPDR Portfolio High Yield Bond ETF SPHY 2.28%
 iShares 0-5 Year High Yield Corporate Bond ETF SHYG 2.26%
 SPDR Bloomberg Short Term High Yield Bond ETF SJNK 2.25%
 Invesco Senior Loan ETF BKLN 2.22%
 First Trust Senior Loan Fund FTSL 2.22%
 VanEck IG Floating Rate ETF FLTR 2.22%
 VanEck J.P. Morgan EM Local Currency Bond ETF EMLC 2.20%
 SPDR Blackstone Senior Loan ETF SRLN 2.19%
 Broadcom Inc. AVGO 0.63%
 Exxon Mobil Corporation XOM 0.62%
 Amphenol Corporation APH 0.50%
 Costco Wholesale Corporation COST 0.47%
 Amazon.com, Inc. AMZN 0.45%
 Microsoft Corporation MSFT 0.44%
 Vertex Pharmaceuticals Incorporated VRTX 0.42%
 Lennar Corporation LEN 0.42%
 McKesson Corporation MCK 0.41%
 Hitachi, Ltd. (ADR) HTHIY 0.41%
 W.W. Grainger, Inc. GWW 0.40%
 D.R. Horton, Inc. DHI 0.40%
 Ross Stores, Inc. ROST 0.40%
 General Dynamics Corporation GD 0.40%
 Tokyo Electron Limited (ADR) TOELY 0.40%
 Cencora Inc. COR 0.39%
 Super Micro Computer, Inc. SMCI 0.39%
 Walmart Inc. WMT 0.38%
 PACCAR Inc PCAR 0.38%
 Regeneron Pharmaceuticals, Inc. REGN 0.38%
 Novo Nordisk A/S (ADR) NVO 0.38%
 PDD Holdings Inc. (ADR) PDD 0.38%
 Verizon Communications Inc. VZ 0.37%
 American International Group, Inc. AIG 0.37%
 The TJX Companies, Inc. TJX 0.37%
 Caterpillar Inc. CAT 0.36%
 Elevance Health Inc. ELV 0.36%
 The Procter & Gamble Company PG 0.35%
 Fastenal Company FAST 0.35%
 The Sherwin-Williams Company SHW 0.35%
 The Cigna Group CI 0.35%
 Emerson Electric Co. EMR 0.34%
 Aflac Incorporated AFL 0.34%
 O'Reilly Automotive, Inc. ORLY 0.34%
 Arthur J. Gallagher & Co. AJG 0.34%
 Phillips 66 PSX 0.34%
 Public Storage PSA 0.33%
 Marsh & McLennan Companies, Inc. MMC 0.33%
 Crown Castle Inc. CCI 0.33%
 Keurig Dr Pepper Inc. KDP 0.33%
 Shin-Etsu Chemical Co., Ltd. (ADR) SHECY 0.33%
 DuPont de Nemours Inc. DD 0.33%
 Danaher Corporation DHR 0.32%
 Consolidated Edison, Inc. ED 0.32%
 Paychex, Inc. PAYX 0.32%
 Mitsui & Co., Ltd. (ADR) MITSY 0.32%
 Vistra Corp. VST 0.32%
 Automatic Data Processing, Inc. ADP 0.31%
 Valero Energy Corporation VLO 0.31%
 Itochu Corp. (ADR) ITOCY 0.31%
 Corteva Inc. CTVA 0.31%
 Prosus N.V. (ADR) PROSY 0.31%
 UnitedHealth Group Incorporated UNH 0.30%
 Nucor Corporation NUE 0.30%
 Deere & Company DE 0.30%
 Chubb Limited CB 0.30%
 Northrop Grumman Corporation NOC 0.30%
 CME Group Inc. CME 0.30%
 Xcel Energy Inc. XEL 0.29%
 The Hershey Company HSY 0.29%
 Cognizant Technology Solutions Corporation CTSH 0.29%
 Iberdrola S.A. (ADR) IBDRY 0.29%
 The Kraft Heinz Company KHC 0.29%
 EOG Resources, Inc. EOG 0.28%
 Deutsche Telekom AG (ADR) DTEGY 0.28%
 Chevron Corporation CVX 0.28%
 Cheniere Energy, Inc. LNG 0.28%
 Air Liquide S.A. (ADR) AIQUY 0.28%
 L'Oreal S.A. (ADR) LRLCY 0.28%
 Veeva Systems Inc. (Class A) VEEV 0.28%
 Toyota Motor Corporation TM 0.27%
 Merck KGaA (ADR) MKKGY 0.27%
 SoftBank Corp. (ADR) SOBKY 0.27%
 Pfizer Inc. PFE 0.26%
 Cisco Systems, Inc. CSCO 0.26%
 Shell Plc (ADR) SHEL 0.26%
 Canadian Natural Resources Limited CNQ 0.25%
 Rio Tinto Plc (ADR) RIO 0.25%
 Glencore Plc (ADR) GLNCY 0.25%
 Archer-Daniels-Midland Company ADM 0.24%
 TotalEnergies SE (ADR) TTE 0.24%
 British American Tobacco Plc (ADR) BTI 0.24%
 Williams-Sonoma, Inc. WSM 0.24%
 Accenture Plc ACN 0.24%
 Deckers Outdoor Corporation DECK 0.24%
 Mercedes-Benz Group AG (ADR) MBGYY 0.24%
 Honda Motor Co., Ltd. (ADR) HMC 0.23%
 Eni SpA (ADR) E 0.22%
 Texas Roadhouse, Inc. TXRH 0.22%
 Comfort Systems USA, Inc. FIX 0.22%
 Abercrombie & Fitch Co. (Class A) ANF 0.21%
 EMCOR Group, Inc. EME 0.21%
 Sanofi (ADR) SNY 0.21%
 KDDI Corporation (ADR) KDDIY 0.21%
 Toll Brothers, Inc. TOL 0.20%
 Equinor ASA EQNR 0.20%
 Medpace Holdings, Inc. MEDP 0.20%
 PulteGroup, Inc. PHM 0.19%
 Nippon Telegraph and Telephone Corporation (ADR) NTTYY 0.19%
 Charter Communications, Inc. (Class A) CHTR 0.19%
 Coca-Cola Consolidated Inc. COKE 0.18%
 The Hartford Financial Services Group, Inc. HIG 0.17%
 Murphy USA Inc. MUSA 0.17%
 Casey's General Stores, Inc. CASY 0.16%
 East West Bancorp, Inc. EWBC 0.16%
 Meritage Homes Corporation MTH 0.16%
 Brown & Brown, Inc. BRO 0.16%
 United Therapeutics Corporation UTHR 0.16%
 Western Alliance Bancorporation WAL 0.16%
 Taylor Morrison Home Corporation TMHC 0.16%
 Antero Resources Corporation AR 0.16%
 Tradeweb Markets Inc. (Class A) TW 0.16%
 Dillard's, Inc. (Class A) DDS 0.15%
 MGIC Investment Corporation MTG 0.15%
 The New York Times Company (Class A) NYT 0.15%
 Zions Bancorporation ZION 0.15%
 Watsco, Inc. WSO 0.15%
 Erie Indemnity Company ERIE 0.15%
 Allison Transmission Holdings, Inc. ALSN 0.15%
 Hewlett Packard Enterprise Company HPE 0.15%
 BJ's Wholesale Club Holdings, Inc. BJ 0.15%
 Chewy, Inc. (Class A) CHWY 0.15%
 H&R Block, Inc. HRB 0.14%
 United States Steel Corporation X 0.14%
 Neurocrine Biosciences, Inc. NBIX 0.14%
 UFP Industries Inc. UFPI 0.14%
 Badger Meter, Inc. BMI 0.14%
 Expeditors International of Washington, Inc. EXPD 0.13%
 Southwestern Energy Company SWN 0.13%
 National Fuel Gas Company NFG 0.13%
 Reliance Inc. RS 0.13%
 NewMarket Corporation NEU 0.13%
 Cboe Global Markets Inc. CBOE 0.13%
 Viatris Inc. VTRS 0.13%
 Harley-Davidson, Inc. HOG 0.12%
 Unum Group UNM 0.12%
 Coterra Energy Inc. CTRA 0.12%
 Jabil Inc. JBL 0.12%
 RLI Corp. RLI 0.12%
 Commercial Metals Company CMC 0.12%
 Molina Healthcare, Inc. MOH 0.11%
 CF Industries Holdings, Inc. CF 0.11%
 Qualys, Inc. QLYS 0.11%
 Sprouts Farmers Market, Inc. SFM 0.11%
 HF Sinclair Corp. DINO 0.11%
 Encore Wire Corporation WIRE 0.10%
 PBF Energy Inc. PBF 0.10%
 Schneider National, Inc. (Class B) SNDR 0.10%
 KB Home KBH 0.09%
 M/I Homes, Inc. MHO 0.09%
 MSC Industrial Direct Co., Inc. (Class A) MSM 0.09%
 Helmerich & Payne, Inc. HP 0.09%
 Strategic Education, Inc. STRA 0.09%
 CBIZ, Inc. CBZ 0.09%
 The Mosaic Company MOS 0.09%
 CSW Industrials, Inc. CSWI 0.09%
 Innovative Industrial Properties, Inc. IIPR 0.09%
 MDU Resources Group, Inc. MDU 0.08%
 American Eagle Outfitters, Inc. AEO 0.08%
 Cavco Industries, Inc. CVCO 0.08%
 Matson, Inc. MATX 0.08%
 CorVel Corporation CRVL 0.08%
 Tri Pointe Homes, Inc. TPH 0.08%
 Warrior Met Coal, Inc. HCC 0.08%
 Tidewater Inc. TDW 0.08%
 Otter Tail Corporation OTTR 0.07%
 Graham Holdings Company GHC 0.07%
 Telephone and Data Systems, Inc. TDS 0.07%
 Sanmina Corporation SANM 0.07%
 Brady Corporation BRC 0.07%
 Radian Group Inc. RDN 0.07%
 Plexus Corp. PLXS 0.07%
 Columbia Sportswear Company COLM 0.07%
 PriceSmart, Inc. PSMT 0.07%
 CNX Resources Corporation CNX 0.07%
 Cal-Maine Foods, Inc. CALM 0.07%
 Hub Group, Inc. HUBG 0.07%
 Innospec Inc. IOSP 0.07%
 Grand Canyon Education, Inc. LOPE 0.07%
 NMI Holdings, Inc. (Class A) NMIH 0.07%
 Liberty Broadband Corporation (Class C) LBRDK 0.07%
 Acushnet Holdings Corp. GOLF 0.07%
 Liberty Energy Inc. (Class A) LBRT 0.07%
 Alpha Metallurgical Resources, Inc. AMR 0.07%
 Arcosa, Inc. ACA 0.07%
 Axonics, Inc. AXNX 0.07%
 Terex Corporation TEX 0.06%
 Cathay General Bancorp CATY 0.06%
 Weis Markets, Inc. WMK 0.06%
 Avnet, Inc. AVT 0.06%
 The Andersons, Inc. ANDE 0.06%
 Genworth Financial, Inc. GNW 0.06%
 Rush Enterprises, Inc. (Class A) RUSHA 0.06%
 CVB Financial Corp. CVBF 0.06%
 MYR Group Inc. MYRG 0.06%
 Arch Resources Inc. ARCH 0.06%
 CONSOL Energy Inc. CEIX 0.06%
 TEGNA Inc. TGNA 0.05%
 Patterson Companies, Inc. PDCO 0.05%
 Inter Parfums, Inc. IPAR 0.05%
 Ingles Markets, Incorporated IMKTA 0.05%
 Cogent Communications Holdings, Inc. CCOI 0.05%
 Peabody Energy Corporation BTU 0.05%
 APA Corporation APA 0.05%
 Air Transport Services Group, Inc. ATSG 0.04%
 ACADIA Pharmaceuticals Inc. ACAD 0.04%
 NetScout Systems, Inc. NTCT 0.04%
 Grocery Outlet Holding Corp. GO 0.04%
 Veralto Corporation VLTO 0.04%
 Akero Therapeutics, Inc. AKRO 0.03%
 
Total Number of Holdings:    235
Underlying Securities information represented above is as of 06/14/2024 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.

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.

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 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.

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.

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.

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.

Mortgage-Backed Securities Risk. Rising interest rates tend to extend the duration of mortgage-backed securities, making them more sensitive to changes in interest rates, and may reduce the market value of the securities. In addition, mortgage-backed securities are subject to prepayment risk, the risk that borrowers may pay off their mortgages sooner than expected, particularly when interest rates decline.

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.

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.

US Treasury Debt Instruments Risk. Debt instruments, such as U.S. Treasury obligations, are subject to numerous risks including higher interest rates, economic recession and deterioration of the bond market or investors' perceptions 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
30332N642 (Cash)
30332N659 (Reinvest)
30332N667 (Cash-Fee)
30332N675 (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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