75/25 Strategic Allocation, 1st Qtr 2024  Ticker: FMCXNX
 
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: 7S1Q24
Portfolio Status: Secondary
Initial Offer Date: 01/11/2024
Secondary Date: 04/11/2024
Portfolio Ending Date: 04/16/2025
Tax Structure: Regulated Investment Company
Distributions: Monthly
 
Initial Offer Price: $10.0000
NAV(*): $10.7472
POP(*): Not Avail
Remaining Deferred Sales Charge: $0.0000
* As of Trade Date: 02/07/2025 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 2/7/2025)
----- $0.26970
^ 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.

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolWeighting
 Arista Networks, Inc. ANET 1.08%
 Walmart Inc. WMT 1.07%
 Vistra Corp. VST 0.98%
 iShares iBoxx $ High Yield Corporate Bond ETF HYG 0.93%
 SPDR Bloomberg High Yield Bond ETF JNK 0.93%
 iShares Broad USD High Yield Corporate Bond ETF USHY 0.93%
 SPDR Portfolio Intermediate Term Corporate Bond ETF SPIB 0.92%
 SPDR Bloomberg Short Term High Yield Bond ETF SJNK 0.92%
 First Trust Senior Loan Fund FTSL 0.92%
 SPDR Portfolio High Yield Bond ETF SPHY 0.92%
 SPDR Bloomberg Investment Grade Floating Rate ETF FLRN 0.92%
 iShares Short Treasury Bond ETF SHV 0.91%
 iShares Broad USD Investment Grade Corporate Bond ETF USIG 0.91%
 iShares Preferred & Income Securities ETF PFF 0.91%
 Invesco Senior Loan ETF BKLN 0.91%
 Vanguard Mortgage-Backed Securities ETF VMBS 0.91%
 SPDR Blackstone Senior Loan ETF SRLN 0.91%
 Schwab 5-10 Year Corporate Bond ETF SCHI 0.91%
 iShares iBoxx $ Investment Grade Corporate Bond ETF LQD 0.90%
 iShares MBS ETF MBB 0.90%
 SPDR Portfolio Mortgage Backed Bond ETF SPMB 0.90%
 Costco Wholesale Corporation COST 0.89%
 International Business Machines Corporation IBM 0.89%
 SPDR ICE Preferred Securities ETF PSK 0.89%
 Janus Henderson Mortgage-Backed Securities ETF JMBS 0.89%
 iShares 10+ Year Investment Grade Corporate Bond ETF IGLB 0.88%
 SPDR Bloomberg International Treasury Bond ETF BWX 0.87%
 Vanguard Long-Term Corporate Bond ETF VCLT 0.87%
 SPDR Portfolio Long Term Corporate Bond ETF SPLB 0.87%
 The Progressive Corporation PGR 0.86%
 VanEck J.P. Morgan EM Local Currency Bond ETF EMLC 0.86%
 Hitachi, Ltd. (ADR) HTHIY 0.83%
 Amphenol Corporation APH 0.83%
 Recruit Holdings Co., Ltd. (ADR) RCRUY 0.78%
 Sprouts Farmers Market, Inc. SFM 0.77%
 Corteva Inc. CTVA 0.77%
 Automatic Data Processing, Inc. ADP 0.75%
 The TJX Companies, Inc. TJX 0.75%
 Cheniere Energy, Inc. LNG 0.75%
 General Motors Company GM 0.75%
 Alphabet Inc. (Class A) GOOGL 0.74%
 Altria Group, Inc. MO 0.73%
 Berkshire Hathaway Inc. (Class B) BRK/B 0.73%
 Aflac Incorporated AFL 0.72%
 Caterpillar Inc. CAT 0.71%
 W.W. Grainger, Inc. GWW 0.71%
 Cisco Systems, Inc. CSCO 0.71%
 CME Group Inc. CME 0.71%
 McKesson Corporation MCK 0.70%
 The Sherwin-Williams Company SHW 0.69%
 Deere & Company DE 0.68%
 Fastenal Company FAST 0.67%
 Southern Copper Corporation SCCO 0.67%
 Dominion Energy, Inc. D 0.65%
 Cencora Inc. COR 0.65%
 The Procter & Gamble Company PG 0.64%
 PACCAR Inc PCAR 0.64%
 British American Tobacco Plc (ADR) BTI 0.64%
 Exxon Mobil Corporation XOM 0.63%
 EOG Resources, Inc. EOG 0.63%
 Vertex Pharmaceuticals Incorporated VRTX 0.63%
 Deutsche Telekom AG (ADR) DTEGY 0.63%
 Microsoft Corporation MSFT 0.62%
 Analog Devices, Inc. ADI 0.62%
 Prosus N.V. (ADR) PROSY 0.62%
 Xcel Energy Inc. XEL 0.61%
 Valero Energy Corporation VLO 0.61%
 The Coca-Cola Company KO 0.60%
 Ross Stores, Inc. ROST 0.60%
 Chevron Corporation CVX 0.60%
 Nintendo Co., Ltd. (ADR) NTDOY 0.59%
 Industria de Diseno Textil, S.A. (ADR) IDEXY 0.59%
 Verizon Communications Inc. VZ 0.58%
 Consolidated Edison, Inc. ED 0.58%
 General Dynamics Corporation GD 0.58%
 ABB Ltd (ADR) ABBNY 0.58%
 Northrop Grumman Corporation NOC 0.57%
 UnitedHealth Group Incorporated UNH 0.56%
 Lockheed Martin Corporation LMT 0.56%
 Extra Space Storage Inc. EXR 0.56%
 Keurig Dr Pepper Inc. KDP 0.56%
 Johnson & Johnson JNJ 0.54%
 Phillips 66 PSX 0.53%
 Chugai Pharmaceutical Co., Ltd. (ADR) CHGCY 0.53%
 Comfort Systems USA, Inc. FIX 0.52%
 ConocoPhillips COP 0.50%
 Iberdrola S.A. (ADR) IBDRY 0.50%
 CDW Corporation CDW 0.50%
 EMCOR Group, Inc. EME 0.49%
 Zoetis Inc. ZTS 0.49%
 D.R. Horton, Inc. DHI 0.48%
 Shell Plc (ADR) SHEL 0.48%
 The Hershey Company HSY 0.47%
 Williams-Sonoma, Inc. WSM 0.47%
 Sanofi (ADR) SNY 0.47%
 Itochu Corp. (ADR) ITOCY 0.47%
 Regeneron Pharmaceuticals, Inc. REGN 0.46%
 Lennar Corporation LEN 0.46%
 Mitsui & Co., Ltd. (ADR) MITSY 0.46%
 Air Liquide S.A. (ADR) AIQUY 0.46%
 KDDI Corporation (ADR) KDDIY 0.45%
 Nucor Corporation NUE 0.44%
 The Kraft Heinz Company KHC 0.44%
 Toyota Motor Corporation TM 0.43%
 TotalEnergies SE (ADR) TTE 0.43%
 BP Plc (ADR) BP 0.42%
 Mueller Industries, Inc. MLI 0.40%
 Eni SpA (ADR) E 0.40%
 Rio Tinto Plc (ADR) RIO 0.40%
 CVS Health Corporation CVS 0.39%
 Mercedes-Benz Group AG (ADR) MBGYY 0.39%
 Archer-Daniels-Midland Company ADM 0.38%
 lululemon athletica inc. LULU 0.37%
 BHP Group Ltd (ADR) BHP 0.36%
 Applied Industrial Technologies, Inc. AIT 0.36%
 Novo Nordisk A/S (ADR) NVO 0.36%
 Equinor ASA EQNR 0.36%
 Nippon Telegraph and Telephone Corporation (ADR) NTTYY 0.36%
 Shin-Etsu Chemical Co., Ltd. (ADR) SHECY 0.36%
 BJ's Wholesale Club Holdings, Inc. BJ 0.36%
 Casey's General Stores, Inc. CASY 0.35%
 United Therapeutics Corporation UTHR 0.35%
 PDD Holdings Inc. (ADR) PDD 0.35%
 Texas Roadhouse, Inc. TXRH 0.34%
 Coca-Cola Consolidated, Inc. COKE 0.33%
 Deckers Outdoor Corporation DECK 0.33%
 L'Oreal S.A. (ADR) LRLCY 0.33%
 East West Bancorp, Inc. EWBC 0.31%
 EQT Corporation EQT 0.31%
 MGIC Investment Corporation MTG 0.30%
 Dollar Tree, Inc. DLTR 0.30%
 Tradeweb Markets Inc. (Class A) TW 0.30%
 Expand Energy Corporation EXE 0.30%
 South State Corporation SSB 0.29%
 Murphy USA Inc. MUSA 0.29%
 Medpace Holdings, Inc. MEDP 0.29%
 Atmos Energy Corporation ATO 0.28%
 Affiliated Managers Group, Inc. AMG 0.28%
 Erie Indemnity Company ERIE 0.28%
 Toll Brothers, Inc. TOL 0.27%
 Tractor Supply Company TSCO 0.27%
 Taylor Morrison Home Corporation TMHC 0.27%
 AptarGroup, Inc. ATR 0.26%
 F.N.B. Corporation FNB 0.26%
 Steel Dynamics, Inc. STLD 0.26%
 Watsco, Inc. WSO 0.26%
 The Ensign Group, Inc. ENSG 0.26%
 Coterra Energy Inc. CTRA 0.25%
 Super Micro Computer, Inc. SMCI 0.25%
 United Bankshares, Inc. UBSI 0.24%
 The New York Times Company (Class A) NYT 0.23%
 KB Home KBH 0.23%
 Watts Water Technologies, Inc. WTS 0.23%
 PulteGroup, Inc. PHM 0.23%
 Commercial Metals Company CMC 0.23%
 Reliance Inc. RS 0.23%
 Cal-Maine Foods, Inc. CALM 0.23%
 Comstock Resources, Inc. CRK 0.22%
 InterDigital, Inc. IDCC 0.22%
 Knight-Swift Transportation Holdings Inc. KNX 0.22%
 Boise Cascade Company BCC 0.22%
 Arrow Electronics, Inc. ARW 0.21%
 Neurocrine Biosciences, Inc. NBIX 0.21%
 Insight Enterprises, Inc. NSIT 0.21%
 NewMarket Corporation NEU 0.21%
 Sanmina Corporation SANM 0.20%
 Viatris Inc. VTRS 0.20%
 UMB Financial Corporation UMBF 0.19%
 Dycom Industries, Inc. DY 0.19%
 Meritage Homes Corporation MTH 0.19%
 Science Applications International Corporation SAIC 0.19%
 CarGurus, Inc. CARG 0.19%
 Harley-Davidson, Inc. HOG 0.18%
 Gentex Corporation GNTX 0.18%
 The Mosaic Company MOS 0.18%
 CSW Industrials, Inc. CSWI 0.18%
 CNX Resources Corporation CNX 0.17%
 Molina Healthcare, Inc. MOH 0.17%
 CorVel Corporation CRVL 0.17%
 Grand Canyon Education, Inc. LOPE 0.17%
 Qualys, Inc. QLYS 0.17%
 ServisFirst Bancshares, Inc. SFBS 0.17%
 Core Natural Resources Inc. CNR 0.17%
 Badger Meter, Inc. BMI 0.16%
 Rush Enterprises, Inc. (Class A) RUSHA 0.16%
 CBIZ, Inc. CBZ 0.16%
 PBF Energy Inc. PBF 0.16%
 Chord Energy Corporation CHRD 0.16%
 HF Sinclair Corp. DINO 0.16%
 Graham Holdings Company GHC 0.15%
 Plexus Corp. PLXS 0.15%
 First Merchants Corporation FRME 0.14%
 Brady Corporation BRC 0.14%
 Abercrombie & Fitch Co. (Class A) ANF 0.14%
 La-Z-Boy Incorporated LZB 0.14%
 Matson, Inc. MATX 0.14%
 ACADIA Pharmaceuticals Inc. ACAD 0.14%
 TEGNA Inc. TGNA 0.13%
 Weis Markets, Inc. WMK 0.13%
 Cabot Corporation CBT 0.13%
 ONE Gas, Inc. OGS 0.13%
 Schneider National, Inc. (Class B) SNDR 0.13%
 Cathay General Bancorp CATY 0.12%
 Independent Bank Corp. INDB 0.12%
 Avnet, Inc. AVT 0.12%
 Columbia Sportswear Company COLM 0.12%
 CVB Financial Corp. CVBF 0.12%
 Cogent Communications Holdings, Inc. CCOI 0.12%
 Tri Pointe Homes, Inc. TPH 0.12%
 Acushnet Holdings Corp. GOLF 0.12%
 WaFd Inc. WAFD 0.11%
 Hub Group, Inc. HUBG 0.11%
 Innospec Inc. IOSP 0.11%
 Alpha Metallurgical Resources, Inc. AMR 0.11%
 Otter Tail Corporation OTTR 0.10%
 Universal Corporation UVV 0.10%
 M/I Homes, Inc. MHO 0.10%
 RPC, Inc. RES 0.10%
 Yelp Inc. YELP 0.10%
 Premier, Inc. (Class A) PINC 0.10%
 The Simply Good Foods Company SMPL 0.10%
 Photronics, Inc. PLAB 0.09%
 ArcBest Corporation ARCB 0.09%
 Helmerich & Payne, Inc. HP 0.09%
 Materion Corporation MTRN 0.09%
 Tidewater Inc. TDW 0.09%
 Academy Sports and Outdoors, Inc. ASO 0.09%
 American Eagle Outfitters, Inc. AEO 0.08%
 Ingles Markets, Incorporated IMKTA 0.08%
 Peabody Energy Corporation BTU 0.08%
 Hawaiian Electric Industries, Inc. HE 0.07%
 CVR Energy, Inc. CVI 0.07%
 Grocery Outlet Holding Corp. GO 0.07%
 Millrose Properties - Class A MRP 0.05%
 
Total Number of Holdings:    234
Underlying Securities information represented above is as of 02/07/2025 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.

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.

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 should be viewed as speculative and you should review your ability to assume the risks associated with investments that utilize such bonds. 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 bonds 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.

Public Health Crisis Risk. A public health crisis, and the ensuing policies enacted by governments and central banks in response, could cause significant volatility and uncertainty in global financial markets, negatively impacting global growth prospects.

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.

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.

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